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SBM Offshore and Carbon Collectors Announce FEED Contract for Offshore CO₂ Transport & Injection Solution in the Southern North Sea - Monaco, 05/02/2026

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SBM Offshore and Carbon Collectors announced today that IMODCO Terminals SA – a subsidiary of SBM Offshore, has been awarded a Front-End Engineering Design (FEED) contract for the development of an offshore CO₂ transport and injection solution in the Southern North Sea.

The nine‑month FEED will define the design of a Tower Offloading Unit (TOU) enabling CO₂ carriers to moor offshore and safely transfer liquefied CO₂ for injection into permanent geological CO2-storage. Subject to a Final Investment Decision (FID), the project is expected to progress into the full EPC phase by late 2026.

This contract marks a significant step forward in the CO₂ transport infrastructure to support large‑scale industrial decarbonization.