MODEC, Inc. (MODEC) has announced that FPSO Bacalhau has received the Approval in Principle (AiP) for Abate Notation from classification society DNV, making it the first new built FPSO in the world to achieve this prestigious recognition.
In this project, a comprehensive assessment of greenhouse gas emissions abatement on FPSO Bacalhau was conducted according to DNV guidelines*1. The Abate notation requires stringent management of emission systems (similar to ISO 50001 Energy Management requirements) and the implementation of substantial abatement measures onboard to prevent non-emergency flaring and optimize the efficiency of power/heat generation. These measures have positioned FPSO Bacalhau at the forefront of the industry for the lowest carbon emissions per barrel of oil produced.
The overview of the measures is shown below. MODEC obtained AiP of Abate Notation (P+, F, Pr, S) for FPSO Bacalhau.
MODEC especially acknowledges Equinor ASA, the ultimate customer for the FPSO Bacalhau project, for having the foresight and willingness to initiate many of the technical requirements incorporated into the FPSO Bacalhau, which has resulted in her being an environmentally friendly FPSO.
The award was presented to Mr. Eric Powell, Vice President & COO of MODEC Singapore, by Mr. Torgeir Sterri, Director of Offshore Classification at DNV, during the DNV Regional Offshore Committee (ROC) meeting held on May 30, 2024.
The DNV ROC meeting serves as a platform for senior executives in the region to engage in strategic discussions on common industry challenges, share knowledge and insights into various business-critical issues, and explore opportunities arising from technological developments to shape the future of the offshore industry. The event was widely attended by experts and senior management from oil majors, EPC contractors and fleet owners.
“Receiving the DNV Abate notation is an affirmation of our commitment towards the development of a sustainable future. We play our part in climate change mitigation by minimizing greenhouse gases and other emissions across our business operations and supply chain, and by developing clean energy solutions to achieve global goals,” says Eric Powell.
This milestone represents a significant step towards MODEC’s ambitious decarbonization targets. MODEC aspires to continue our contributions to a stable and sustainable energy supply through its business activities, including Project engineering, procurement, construction, and installation (EPCI), Supply Chain relationships, and ultimately, the operation phase.
*1: DNV guidelines ：DNV-RU-OU-0102, Ch. 2, Sec. 6, 27
Abate requirements and qualifier
