Aker Options has signed a memorandum of understanding (MoU) for a pilot undertaking involving carbon seize and storage (CCS).
The MoU marks the beginning of Zero Emission Energy Station (ZEUS), a pioneering power answer that makes use of superior oxyfuel combustion with instant carbon dioxide (CO2) seize and storage. The MoU was signed with undertaking companions Petronas Carigali Sdn. Bhd., MISC Bhd, and Clear Vitality System Inc, Aker Options stated in a information launch.
The ZEUS expertise employs superior oxyfuel combustion to transform excessive CO2 pure fuel into dispatchable energy whereas capturing 100% of the CO2 emissions, in accordance with the discharge. The CO2 is straight away injected right into a reservoir for everlasting storage or can be utilized to extend manufacturing of each oil and fuel earlier than being completely saved.
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Aker Options stated that the benefit of ZEUS expertise innovation is its skill to deal with combustion at elevated pressures, enabling extra compact and simplified course of gear. This might result in important price financial savings whereas enhancing CO2 administration capabilities. “Briefly, ZEUS goals to ship zero-emission, reasonably priced and dependable energy and it’s positioned to be a major bridge expertise within the transition to a extra sustainable power panorama,” the corporate acknowledged.
Additional, one other distinctive attribute of oxyfuel combustion is that it might burn untreated fuel straight from the properly, together with fuel with as much as 90 p.c CO2, which opens the potential of using fuel reserves that may in any other case be thought-about uneconomic to develop.
“We’re excited to deliver ZEUS to life alongside our companions. This collaboration marks a major step ahead in our mission to unravel power challenges utilizing revolutionary expertise,” Jo Krabbe, government vp of Energy Options at Aker Options, stated.
The MoU signatories are devoted to making sure the ZEUS pilot undertaking will get off to a profitable begin, in accordance with the discharge. As soon as totally demonstrated, the events intend to scale ZEUS to deal with rising power calls for and to help the transition to a extra renewable power combine.
In the meantime, MISC is devoted to making sure the expertise might be tailored for maritime use and out there on devoted floating items. Know-how improvement might be finished in collaboration with key suppliers.
In June, Aker Options secured a sizeable long run body settlement with Azule Vitality to offer engineering, procurement, and building companies (EPC) for brownfield initiatives and modifications for 2 floating manufacturing, storage, and offloading (FPSO) items in Angola.
Aker Options defines a sizeable contract as being between $46.65 million and $140 million (NOK 0.5 billion and NOK 1.5 billion). The work might be targeted on the FPSO items Higher Plutonio and PSVM, the corporate stated in an earlier information launch.
The contract is a continuation of the present body settlement between Aker Options and operator Azule Vitality. It’s a body settlement overlaying upkeep and modification actions with a period of three years plus two one-year choices.
To contact the writer, electronic mail rocky.teodoro@rigzone.com
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