Mitsubishi Heavy Industries $MHVIY and Single Buoy Moorings, the subsidiary of SBM Offshore, have agreed to conduct a study on the use of CO2 capture modules on future floating production, storage and offloading vessels (FPSOs) for Petrobras $PETR3 (+0.22%)
$PETR4 (-0.7%) to carry out the study.

This study will be carried out with a view to a typical implementation of CO2 capture solutions for FPSOs.

The module design for FPSOs is based on a combination of MHI's proprietary Advanced KM CDR Process CO2 capture technology and SBM's Fast4Ward principles.

The study focuses on the capture of CO2 emitted from on-board gas turbines, with analysis and evaluation being carried out with a view to future commercialization.

This is the first result of a partnership agreement between MHI and SBM in September 2023.

The agreement, which is a response to the rapidly growing demand for decarbonization, aims to accelerate business development in the field of CO2 capture solutions for FPSOs to contribute to achieving carbon neutrality on a global scale.