BPFI, Shell, and Others Hold Technology Seminars for Customers
Expecting Collaboration on LCO2 Pressure Tanks and Ammonia Engines

Samsung Heavy Industries announced on the 4th that it will participate in 'Gastech 2023,' the world's largest gas energy industry exhibition, held in Singapore from the 5th to the 8th.


More than 20 sales and technical executives, including President Jung Jin-taek of Samsung Heavy Industries, will be fully mobilized to actively conduct marketing activities targeting global major energy companies.


Samsung Heavy Industries will operate a standalone exhibition hall of 216㎡ (approximately 65 pyeong) at the Singapore Expo, where the event is held, and plans to showcase its technological capabilities and competitiveness centered on the floating liquefied natural gas production facility (FLNG) model, which currently leads the market, as well as LNG and liquefied carbon dioxide carriers.


On the 7th, a future eco-friendly technology seminar for global climate change response will also be held by inviting key customers.


Under the theme of 'Sustainable Future with Green & Digital,' this seminar will be attended by more than 20 major customers including Shell, BP, and Petronas. It will be conducted in two sections: 'Future Energy Transition Response Products' and 'Digital Twin-based Autonomous Navigation.'


To solidify its order base, Samsung Heavy Industries plans to actively inform customers about the development status of new technologies such as future eco-friendly products including ammonia and hydrogen carriers, floating wind power and nuclear (SMR) power generation facilities, digital twin-based autonomous navigation technology, and smart ships.


An image visualizing Samsung Heavy Industries' digital twin-based autonomous navigation technology <br>[Photo by Samsung Heavy Industries]

An image visualizing Samsung Heavy Industries' digital twin-based autonomous navigation technology
[Photo by Samsung Heavy Industries]

View original image

Meanwhile, at this event, Samsung Heavy Industries will also sign a Memorandum of Understanding (MOU) for lattice-type pressure tank technology cooperation with Lattice Technology. The lattice-type pressure tank can be manufactured in desired shapes such as rectangular box types, unlike the existing cylindrical or spherical high-pressure tanks, offering higher spatial arrangement efficiency. Additionally, even if the pressure vessel size increases, the material thickness is maintained, which is advantageous for large-scale applications.


Samsung Heavy Industries plans to utilize this technology to develop new LCO2 carriers and floating carbon dioxide storage facility models that increase liquefied carbon dioxide (LCO2) storage capacity while reducing costs.


In addition, during the event, Samsung Heavy Industries will sign a technology cooperation agreement with the global engine developer WinGD for ammonia engine development and is expected to obtain technical certification from the Korean Register for large ammonia-powered carriers and ship cyber resilience design.


Jang Hae-gi, Vice President and Head of Technology Development at Samsung Heavy Industries, emphasized, "Samsung Heavy Industries is making company-wide efforts to develop future product technologies that can proactively respond to energy transition," adding, "We will focus on securing economic feasibility and accelerate commercialization to play an important role in reducing global carbon emissions."



Samsung Heavy Industries promotional exhibition hall set up at Singapore 'Gastech 2023' <br>[Photo by Samsung Heavy Industries]

Samsung Heavy Industries promotional exhibition hall set up at Singapore 'Gastech 2023'
[Photo by Samsung Heavy Industries]

View original image


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing