Japan, April 15 -- Toyo Engineering Corporation has signed a Memorandum of Understanding (MOU) with SLB OneSubsea (OneSubsea), the world's leading subsea technology and solutions provider, to explore collaboration opportunities in subsea CCS (CO? storage below the seabed). Through this MOU, the companies aim to combine their respective strengths to develop optimized and highly feasible system solutions for subsea CCS projects, primarily in Japan and Southeast Asia.As the world moves toward carbon neutrality, CCS is recognized as one of the most effective ways to reduce CO? emissions. Globally, many geological formations capable of safely storing CO? over the long term are located beneath the seabed. As a result, expanding CCS will require a...