Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a General License Agreement (GLA) with Saipem S.p.A., under which MHI will provide Saipem with its technologies for use in CO2 capture plants.
The strategic new tie-up is aimed at expanding sales of CO2 capture plants to Saipem’s core business fields especially in Europe and the Middle East, where demand of decarbonization would be increasing in the years ahead. MHI looks to ensure a leading position in the developing global CCUS market. The newly expanded collaboration with Saipem is expected to further advance MHI’s global CCUS strategy.
We will accelerate the CO2 capture business and create CCUS value chain in order to achieve a carbon neutral society.
… said Kenji Terasawa, CEO and Head of Engineering Solutions
Carbon capture and storage is a global trend on shipping. Lloyd’s Register recently published a report in which onboard carbon capture and storage is evaluated. Last month, three major stakeholders announced that they plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships in the second half of this year.
This enables Saipem to further consolidate its position and expand its portfolio of solutions in the decarbonisation sector
… said Fabrizio Botta, Saipem’s Chief Commercial Officer
