Carbon Capture And Storage News


Petrobras Hires Technip Energies’ Company for Offshore CCS Study

Feb 19, 2024

Brazilian state-run oil and gas company Petrobras has hired Kanfa, a fully-owned subsidiary of Technip Energies, to conduct a carbon capture and storage (CCS) study for its offshore assets.With the study, Petrobras aims to get a thorough understanding…

CCUS: Bernhard Schulte Orders Its First CO2 Tanker

Dec 14, 2023

Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights…

Carbon Capture Chasm Exposed at Climate Summit

Dec 07, 2023

Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation…

DNV Awards AiPs to DSIC for Two Liquefied CO2 Concepts

Dec 05, 2023

DNV has awarded two Approval in Principle (AiP) certificates to Dalian Shipbuilding Industry (DSIC) for the design of a 50,000cbm floating liquefied CO2 (LCO2) storage and injection unit (FSIU) and a 20,000cbm LCO2 carrier.The AiPs confirm the…

ExxonMobil CEO Rebuffs IEA Criticism of Carbon Capture Strategy

Dec 03, 2023

ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible 'illusion', saying the same could be said about electric vehicles and solar energy…

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…

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…

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…

UK Offshore Well Decommissioning Firm Eyes CCUS and Geothermal Projects with New Appointment

Oct 17, 2023

UK-based offshore well decommissioning specialist Well-Safe Solutions is looking to expand its capabilities and venture into the carbon capture, usage and storage (CCUS) and geothermal sectors too.To help facilitate this scope expansion, Well…

UK, Italy's Eni Agree Carbon Capture Project Rules

Oct 17, 2023

Italy's Eni said on Tuesday it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage (CCS) projects under development in the country.Eni is the carbon…

BP's 'Endurance' CCS Project Receives Green Light with Agreement for Lease

Oct 06, 2023

The Crown Estate for England, Wales, and Northern Ireland, has awarded an Agreement for Lease to BP for what it said could become one of the world’s largest carbon capture and storage (CCS) projects.The agreement will allow BP to further progress its planned ‘Endurance’ CCS project…

CGG Releases Gulf of Mexico Carbon Storage Study

Oct 03, 2023

French seismic data specialist CGG has announced the delivery of the eastern phase of its GeoVerse Carbon Storage Gulf of Mexico Study and the start of the westward extension of the study. Both phases of the project, supported by industry funding…

SLB Introduces Carbon Storage Location Screening Tool

Oct 02, 2023

SLB has launched a carbon storage screening and ranking solution that increases confidence in site selection decisions based on scientific analysis of the long-term integrity and economic potential of an asset.The solution helps customers avoid…

Carbonvert, Castex Energy Execute Deal for Operation of Louisiana's First Offshore CO2 Storage Hub

Sep 20, 2023

Carbonvert and Castex Energy announced on Tuesday the execution of an operating agreement with the State of Louisiana to develop a 24,000 acre tract of land situated in state waters, offshore Cameron Parish, to permanently store carbon dioxide (“CO2”)…

ABS Approves Bumi Armada's Floating Concept for Carbon Storage and Injection

Sep 06, 2023

The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing…

Current News

Danos Leaders Recognized in “40 Under 40” Lists

ExxonMobil to Drill for Gas Off Cyprus in January

Mocean Energy Raising Funds to Advance Wave Energy Tech

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

Subscribe for OE Digital E‑News