E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. ALLIED

ABS Issued In-Principal Approval To SBM Offshore For FPSO Unit

ABS Issued In-Principal Approval To SBM Offshore For FPSO Unit

BY Realty+
Published - Friday, 09 May, 2025
ABS Issued In-Principal Approval To SBM Offshore For FPSO Unit

The NearZero FPSO design incorporates low carbon technologies that collectively create a “near zero” Scope 3 carbon emissions profile, achieving up to 80% reduction in GHG emissions. The introduction of the NearZero FPSO is an important step in SBM’s strategic path to achieve net-zero emissions by 2050. ABS completed design reviews based on class and statutory requirements.

Low carbon technologies featured in the FPSO concept at a systems level include all electric topsides, closed flare, carbon capture and seawater intake riser/deep intake sea hose – technologies that SBM says not only reduce carbon emissions but also power demands.

“We are proud to continue to support SBM Offshore and their comprehensive strategy to address carbon emissions. The NearZero FPSO concept integrates low carbon technologies with a high degree of technical readiness and can be implemented on FPSO projects today,” said Miguel Hernandez, ABS Senior Vice President, Global Offshore.

“The introduction of SBM Offshore’s NearZero FPSO design marks an important milestone in our decarbonization strategy. The NearZero FPSO design is fully integrated with our proven Fast4Ward® design and standardized delivery model. As such, we are ready to offer this to the market in close collaboration with our technology partners. This approval by ABS is evidencing SBM Offshore’s pioneering development efforts in this field over the last years. We are proud to collaborate with our partners and to make a significant contribution to low carbon offshore energy production,” said Jaap-Harm Westhuis, SBM Offshore Technology and Product Development Director.

ABS has a long history of supporting FPSO projects and classed the first FPSO vessel in U.S. waters in 1978. ABS continues to lead in providing guidance on safety and innovation with new technology that supports larger, more complex FPSOs for sustainable operations globally. More information is available here.

RELATED STORY VIEW MORE

Aptus Well-Positioned To Achieve Rs. 25,000 Crore AUM By FY28
ABS Issued In-Principal Approval To SBM Offshore For FPSO Unit
Global Order, Local Ripples: Welspun Corp Secures Rs 1,950 Cr Order

TOP STORY VIEW MORE

Muscat Grand Mall Announces “Little India" Cultural & Retail Hub

Muscat Grand Mall has announced the launch of “Little India”, that will serve as a strategic gateway for Indian brands entering the GCC market.

07 May, 2025

What Are The Major Changes In Labor Compliance In 2025?

07 May, 2025

Zara's Largest Store Worldwide in Antwerp's Meir Corner

07 May, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website