Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint growth of a floating manufacturing, storage, and offloading (FPSO) system for inexperienced ammonia.
The FPSO course of has been broadly used within the oil and gasoline industries, however its utility for ammonia is comparatively new.
The unit will use renewable power to supply energy for electrolysis of seawater to supply inexperienced hydrogen, which might be mixed with nitrogen and synthesized to supply inexperienced ammonia, prepared for offloading to ammonia carriers.
It’s deliberate to be linked with offshore wind farms in Europe.
Beneath the settlement, which was signed at Offshore Korea 2024, SHI will perform the design for the FPSO and LR will undertake the assessment of SHI deliverables and supply technical recommendation for additional design growth.
“The inexperienced ammonia market is poised to develop quickly within the coming many years, significantly as a clear gasoline various for the worldwide transport business. LR is trying ahead to collaborating with SHI to assist meet this demand,” stated Sean van der Publish, Lloyd’s Register’s Offshore Enterprise Director.
“We’re delighted to be working with Lloyd’s Register on this challenge as part of our growth efforts in the direction of attaining Web-zero and pioneering developments in inexperienced power,” added Hae-Ki Jang, CTO of SHI.
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