deepC Store Limited (dCS), MOL and Technip Energies (T.EN) have entered into a Letter of Intent (LOI) to develop a floating, carbon capture and storage (CCS) hub.
In the dCS’s CStore1 Project, dCS will manage the overall development of CStore1, including the FSI Hub facility;
T.EN will provide Pre-FEED, FEED, and engineering, procurement, construction and installation (EPCI) services for the FSI Hub facility using its C-Hub(TM) technology;
MOL will provide the Pre-FEED service for CO2 shipping scope and closely work with dCS and T.EN in relation to the FSI Hub facility scope.
The FSI Hub aims to be a key facility within the overall CStore1 project for unlocking a range of remote offshore CO2 injection sites. “The LOI with MOL and T.EN ensures technical confidence to develop CStore1 as the first offshore floating CCS hub project in Asia Pacific region,” says Jack Sato, Chairman of dCS.
We look forward to creating a cost effective option for the receiving and handling of carbon in the region
stated Paul Browne, Country Manager for T.EN Australia & New Zealand Pty Ltd.
