CO2 Injection Offshore Platform Design
Utilizing Donghae Gas Field for Annual 1.2 Million Tons CO2 Storage
Donghae Gas Field where HD Hyundai Heavy Industries produced the production platform. Photo by HD Hyundai
HD Hyundai is accelerating its carbon neutrality efforts by participating in the largest CCS (Carbon Capture and Storage) project in South Korea.
HD Hyundai's shipbuilding affiliate, HD Hyundai Heavy Industries, announced on the 15th that it recently signed a preliminary basic design contract with Hyundai Engineering & Construction for an offshore CO2 subsea storage platform.
This is part of the "East Sea Gas Field Utilization CCS Project," promoted by the Korea National Oil Corporation and Hyundai Engineering & Construction to achieve the country's Nationally Determined Contributions (NDC) for greenhouse gas reduction. The project aims to capture 1.2 million tons of CO2 emitted annually from domestic industrial complexes and store it in the East Sea Gas Field.
In this project, HD Hyundai Heavy Industries is responsible for designing the offshore platform, while HD Korea Shipbuilding & Offshore is developing the CO2 injection system.
The East Sea Gas Field, where HD Hyundai Heavy Industries manufactured the production platform in 2004, is South Korea's first gas field and a significant site that placed the country among oil-producing nations. The East Sea Gas Field, which ceased operations in 2021, will be reborn as the largest CO2 storage facility in South Korea through this project.
HD Korea Shipbuilding & Offshore and HD Hyundai Heavy Industries jointly developed the "Korean-style offshore CO2 injection platform" with the Korea National Oil Corporation in 2021, obtaining basic design certifications (AIP) from Norway's DNV and the American Bureau of Shipping (ABS). Since 2021, they have participated in the multi-ministerial national project "Development of a Medium-scale CCS Integrated Demonstration Model Utilizing the East Sea Gas Field," gaining recognition for their expertise in the marine CCS field.
Additionally, on the 12th (Thursday), HD Korea Shipbuilding & Offshore and HD Hyundai Heavy Industries obtained an AIP from ABS for a 2MTPA-class (2 million tons per year) floating CO2 subsea storage offshore platform model, accelerating their entry into overseas CCS markets such as Australia and Southeast Asia.
An official from HD Hyundai Heavy Industries stated, "We are honored to participate in this project that will transform the East Sea Gas Field we built into a key base for greenhouse gas reduction," adding, "We will develop a high-quality offshore platform based on the accumulated know-how and data in the marine plant sector."
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