Chinese COSCO has launched the first floating oil production and storage vessel equipped with a carbon capture system, with a daily capacity of 120,000 barrels of crude. The vessel will be able to capture carbon emissions generated both from its voyage to the production site and from the production process itself, media reported. “The high tower you see here is actually a collection and cleansing tower for carbon capture,” said COSCO senior project manager Xu Xiaohua. “The pipes labeled with green marks are the entry points for…
