ABS Approves Pioneering CO2 Injection System for HHI Group
1-Million-Ton Capacity for Offshore CO2 Geological Storage
(SEOUL) A large scale, carbon dioxide (CO\2\) injection system from Hyundai Heavy Industries Group (HHI Group) has been awarded approval in principle by ABS, allowing development of an offshore floating geological storage platform.
The one-million-ton injection system will allow for offshore CO\2\ storage in geological formations under the ocean floor and more than doubles the previous injection capacity, supporting development of the carbon value chain and global decarbonization goals.
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