Decarbonization News

 

Shell Joins Wave-Powered Subsea Project

Feb 05, 2024

Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the coast of Orkney through a combination of wave power and subsea energy storage. The $2.5 million (£2million) demonstrator initiative…

Woodside Funds Rice-Led Cold Plasma Project

Jan 17, 2024

Rice University and Woodside Energy have announced a five-year technology collaboration aimed at reducing greenhouse gas emissions and providing lower carbon solutions. Woodside will provide $12.5 million to fund the creation of the Woodside-Rice Decarbonization Accelerator…

Danish Offshore Wind Turbine Maker Goes for Low-Emissions Steel

Jan 16, 2024

Vestas has established a partnership with ArcelorMittal to launch a low-emission steel offering, said to significantly reduce lifetime carbon dioxide emissions from the production of wind turbine towers.The low-emission steel is produced using…

COP28 Draft Text Sets New Options on Fossil Fuel Phase Out

Dec 08, 2023

The U.N. climate agency published a new draft of its COP28 agreement on Friday which included a range of options for the future of fossil fuel use, the most contentious issue at the summit.Over the next few days countries are expected to focus…

Santos, ADNOC Enter CCS Collaboration Deal

Nov 22, 2023

Australian oil and gas company Santos has entered into a strategic collaboration agreement with Abu Dhabi based oil and gas firm ADNOC to collaborate on carbon capture and storage (CCS) projects.The agreement will explore the potential for establishing…

Japanese Firms, Petronas to Set up CO2 Storage Off Malaysia by 2028 End

Nov 20, 2023

Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas, which should start holding its first carbon dioxide (CO2) emissions from the end of 2028, Japan Petroleum Exploration Co said on Monday…

Yara to Store CO2 from Dutch Plant under Norway Seabed

Nov 20, 2023

Fertilizer maker Yara said on Monday it has signed a binding agreement to capture CO2 emissions from its Dutch ammonia plant and transport it to the Norwegian North Sea for storage deep beneath the seabed.The carbon capture and storage project (CCS) will cut annual emissions of CO2 by 800…

Sumitomo's Subsidiary to Take Stake in UK North Sea Carbon Storage License

Nov 17, 2023

Carbon Catalyst Limited (CCL) said Friday it had reached an agreement with Summit Energy Evolution Limited (SEEL), a subsidiary of Sumitomo Corporation, to farm out a 10% working interest in the Orion carbon storage license located in the Southern North Sea sector of the UK Continental Shelf…

Indonesia Moves Ahead with CCS Talks with US Oil Majors, Eyes Petrochemical Project

Nov 14, 2023

Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp. are moving ahead with their discussions to invest in carbon capture facilities, while Exxon eyes a petrochemical project in the country.Pertamina and…

German Firm Farms Into UK Offshore Carbon Storage License

Nov 14, 2023

Carbon Catalyst Limited (CCL) said Tuesday it had completed the farmout of a 10% stake in the Poseidon carbon storage license located in the Southern North Sea sector of the UK Continental Shelf, to Wintershall DEA.As part of the deal, German…

Power Transferred Successfully to Crew Transfer Vessel Using Oasis Power Buoy

Nov 07, 2023

Oasis Marine, a company specializing in marine charging solutions, said Tuesday it had successfully transferred power through the Oasis Power Buoy to a Crew Transfer Vessel.  'This pioneering achievement paves the way for hybrid and fully electric vessels in offshore wind farms…

Two Massive Floating Wind Farms Planned to Power North Sea Oil Platforms

Nov 02, 2023

Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have signed exclusivity agreements for two floating offshore wind developments with up to a total of 1.9 gigawatt (GW) capacity under Crown Estate Scotland’s…

DNV Grants Stamp of Approval to SBM Offshore and Mitsubishi Heavy Industries' Carbon Capture Solution for FPSOs

Oct 31, 2023

Classification society DNV has issued a statement of qualified technology to SBM Offshore for its carbon capture plant or CO2 capture solution for FPSOs developed in partnership with Mitsubishi Heavy Industries. The statement verifies that the…

MAN Energy Solutions to Provide Tech for Dutch Large-scale CCS Project

Oct 26, 2023

MAN Energy Solutions has won the contract for the delivery of three integrally-geared compressor trains (IGC) for Porthos, the first large-scale carbon capture and storage (CCS) project in the Netherlands. The Port of Rotterdam Authority, Energie Beheer Nederland B…

Allseas Wins Contract for Construction of Key Subsea Pipeline for Porthos CCS Project

Oct 24, 2023

Offshore installation contractor Allseas has won a contract to construct a subsea pipeline for the recently sanctioned Porthos carbon capture and storage (CCS) project in the Port of Rotterdam.Porthos, a partnership between EBN, Gasunie, and the Port of Rotterdam Authority…

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