MODEC, Inc. News

ABS has granted approval in principle to an innovative liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC, Inc. (MODEC) in collaboration with Mitsui OSK Lines Ltd. (MOL). Tailored to the growing demands of the global carbon capture, utilisation and storage (CCUS) value chain, the design eliminates the need for onshore facilities, bringing LCO2 storage and injection offshore. With a design capable of injecting up to 10 million tonnes of CO2 annually and...

A new design for an ammonia floating production storage and offloading (FPSO) unit that features onboard carbon capture technology for blue ammonia production has received approval in principle (AIP) from ABS. The design comes from MODEC, Inc. (MODEC), in collaboration with Toyo Engineering Corporation (TOYO). ABS completed design reviews based on class and statutory requirements. Emissions of offshore operations It is produced by combining hydrogen, which is derived as a byproduct of carbon...