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Pilot Energy and also KNCC Partner to Store CARBON DIOXIDE Offshore Australia

marinesalvage by marinesalvage
July 12, 2023
in Tug&Barge&Salvage
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Pilot Energy and KNCC Partner to Store CO2 Offshore Australia
Image of liquefied CO2 carrier utilising the innovative LCO2-EP technology and offshore bow offloading system - Credit: Pilot/KNCC

Image of melted carbon dioxide service provider making use of the ingenious LCO2-EP innovation and also overseas bow unloading system – Credit: Pilot/ KNCC

Australian oil and also gas firm Pilot Energy and also Norway’s Knutsen NYK Carbon Carriers (KNCC) have actually participated in a memorandum of recognizing to team up available an incorporated option for aquatic transport and also overseas shot of carbon dioxide at the Cliff Head CCS Project, offshore the coastline of Perth, Australia.

Pilot and also KNCC strategy to establish remedies that will certainly make it possible for massive commercial emitters to deliver through ship, ambient temperature level LCO2 and also to infuse and also completely shop carbon dioxide at the Cliff Head CCS Project.

Pilot’s Cliff Head carbon dioxide storage space job is an essential element of its Mid West Clean Energy job (‘MWCEP’).

The Cliff Head CCS Project entails the conversion of the operating Cliff Head overseas oil area right into an irreversible carbon dioxide storage space procedure with the ability of saving over 1mmtpa of carbon dioxide on a continual basis via to 2050 with over 50 million tonnes of prospective complete storage space ability. The MWCEP focuses on creating over 1.2 mmtpa of affordable, tidy ammonia for export with roughly 99% carbon capture via completely incorporated carbon capture and also storage space using the Cliff Head CCS Project.

As for KNCC, the firm is based in Haugesund, Norway, and also is a joint endeavor firm had by the Knutsen Group of Norway and also NYK Group of Japan, created to target offering carbon dioxide aquatic transport to assist in the shot of caught carbon right into overseas tanks.

Pilot Energy and also KNCC Partner to Store CARBON DIOXIDE Offshore AustraliaCliff Head CCS Project – ©Pilot Energy KNCC is concentrated on the technological and also business growth of a melted carbon dioxide aquatic transport and also storage space company worldwide utilizing its propriety control system innovation, LCO2-EP, which enables the t ransport of liquified carbon dioxide at ambient temperature levels.

LCO2-EP has actually been approved the General Approval for Ship Application(‘GASA’) by course culture DNV which allows KNCC to buy vessels utilizing this innovation once the business and also monetary terms are concurred for the entire CCS worth chain of Pilot’s Cliff Head CCS Project.

“During the initial three-year term of the MoU Pilot and KNCC will work together to assess the technical and commercial solution to initially target the provision of a CO2 transportation service to emitters based in the Western Australian Kwinana Industrial Area. To the extent there are any costs to be incurred, each party will bear its own costs,” Pilot Energy claimed.

Brad Lingo, Pilot’s Chairman, claimed: “KNCC’s innovative LCO2-EP containment system for the transportation of liquefied CO2 at ambient temperatures is an ideal solution to efficiently transport captured CO2 emissions from the Kwinana Industrial Area and provide a low-cost direct offshore CO2 unloading and injection system for permanent storage in the Cliff Head CCS Project.

“We are exceptionally passionate concerning this brand-new cooperation and also having the ability to use a one-stop store option, together with Svante, for the capture, the transport, and also irreversible storage space of carbon dioxide discharges, allowing Pilot to sustain a significant decrease in commercial carbon dioxide discharges for such a vital commercial centre as Kwinana.” claimed

“With the MOU in place we are excited to work with Pilot, which is targeting to transport and store CO2 at ambient temperature. We will contribute to Cliff Head CCS Project’s realization by utilizing our cost efficient, flexible, and scalable LCO2-EP technology to transport the LCO2 in ambient temperature and inject to the CO2 reservoirs offshore from our CO2 carriers,” claimed Anders Leps øe, CHIEF EXECUTIVE OFFICER of KNCC.

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