Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received a stamp of approval for its NearZero floating production storage and offloading (FPSO) design from the American Bureau of Shipping (ABS), a classification society.
The Dutch giant has been working on its emissionZERO program since 2020 to pursue near-zero greenhouse gas (GHG) emissions through a near-zero FPSO , which it sees as the first milestone and a key pillar of the emission-zero road map. The Dutch firm has been progressing its concept to have a solution ready for the market in 2025.