Produced gas from oil FPSOs is typically reinjected into the reservoir due to the prohibitive cost of constructing a pipeline to shore. Significant amounts of associated gas could be monetized rather than being flared or reinjected offshore. Currently, the produced gas offshore often lacks economic value and adds to CAPEX, as it must be compressed for reinjection. As a responsible stakeholder, MISC is committed to decarbonizing our existing operations, enhancing future designs, and exploring new markets to meet our sustainability objectives. We see ammonia as a promising clean fuel with notable advantages across the value chain. Our research shows that ammonia plays a key role in the energy transition and offers a significant opportunity to monetize both associated gas in oil reservoirs and non-associated gas in gas reservoirs in deep and ultra-deepwater fields. The Ammonia FPSO project involves a standalone Blue Ammonia FPSO, positioned adjacent to an oil-producing FPSO in a deepwater field. Part of the gas injection stream will be diverted to the Ammonia FPSO for ammonia production, creating a new revenue stream for both International Oil Companies (IOCs) and National Oil Companies (NOCs). The CO2 generated during ammonia production will be fully captured and sent back to the oil FPSO for either Enhanced Oil Recovery (EOR) or sequestration. By leveraging MISC’s extensive offshore experience, we believe this Ammonia FPSO offers a unique approach to decarbonizing the offshore oil and gas upstream industry.