Decarbonization News


Woodmac: Offshore CCS Could Give New Lease of Life to U.S. Gulf of Mexico

Nov 03, 2022

Offshore carbon capture and storage (CCS) projects in the US Gulf of Mexico could play an influential role in the country's goal of reducing greenhouse gas emissions, the energy intelligence group Wood Mackenzie said Thursday.According to Woodmac…

Norway Designates North Sea Area for CO2 Storage

Nov 02, 2022

The Norwegian Ministry of Petroleum and Energy on Wednesday announced a North Sea area for applications for injection and storage of CO2 on the Norwegian continental shelf.This is the fourth time acreage is being announced for CO2 storage on the Norwegian Continental Shelf…

'Carbon Free' Platfom Supply Vessel Firm Launched in Norway

Nov 01, 2022

Norway-based company Amon Maritime has launched Amon Offshore - a new company focused on the offshore oil and gas market – with plans to operate carbon-free platform supply vessels. The ship has already received approval in principle from DNV…

ABB's Shaft Generator System for Northern Lights CO2 Carriers

Oct 31, 2022

ABB will deliver the shaft generator system with permanent magnet technology for the first dedicated CO2-storage vessels ever to be built. The vessels will be constructed by the Chinese shipbuilder Dalian Shipbuilding Industry Company (DSIC)…

ADNOC CEO Says World Needs Maximum Energy, Minimum Emissions

Oct 31, 2022

Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber said on Monday that zeroing out hydrocarbon investment due to natural decline could lead to a loss of 5 million barrels of oil per day a year from current supplies. 'The data is clear…

Magseis Fairfield, Fugro in Renewables, CCS Collab

Oct 25, 2022

The ocean bottom node seismic services provider Magseis Fairfield has signed a collaboration deal agreement with Dutch geotechnical services company Fugro.Under the agreement, the duo will work together on project opportunities, including wide…

DNV Greenlights Aker Carbon Capture's Offshore Carbon Capture Tech

Oct 25, 2022

DNV, the independent expert in assurance and risk management, has qualified Aker Carbon Capture's Just Catch Offshore modularized carbon capture facility for offshore installations.According to Aker Carbon Capture, the solution is now ready…

DNV Partners with Energy Companies in Three Energy Transition Safety JIPs

Oct 24, 2022

DNV, the independent expert in assurance and risk management, has partnered up working with energy companies in three energy transition safety joint industry projects.'The energy transition depends on several technologies with potential hazardous characteristics…

World's Largest Oilfield Services Firm Rebrands for a Lower-carbon Future

Oct 24, 2022

Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. The nearly 100-year-old firm, originally named after its founding family…

PTTEP Taps Technip Energies for FEED at Lang Lebah Gas Plant with CO2 Capture

Oct 06, 2022

Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…

Two Firms Offered CO2 Storage Acreage Offshore Norway

Oct 05, 2022

The Norwegian Petroleum Directorate said that two companies were on Wednesday offered exploration permits for CO2 storage in an acreage in the Norwegian part of the North Sea.'An announcement regarding this acreage was made in April this year…

CBO Taps Wärtsilä for Offshore Vessel Fleet Decarbonization

Sep 29, 2022

Finland-based marine enginer maker and maritime technology provider Wärtsilä and Brazil-based offshore vessel owner Companhia Brasileira de Offshore (CBO) have signed an agreement for decarbonisation modelling. The objective is to support and…

The U.S. Oil Executive Making a Big Bet on Combating Climate Change

Sep 15, 2022

The chief executive of a small U.S. oil company has jumped to the forefront of the energy industry's greenhouse gas reduction efforts, recruiting high-profile firms to his vision of striking it big by selling access to carbon storage developments…

Deal Signed for First Offshore Floating CCS Hub Project in Asia Pacific

Sep 14, 2022

deepC Store, Mitsui O.S.K. Lines, (MOL) and Technip Energies have entered into a Letter of Intent that should lead to the construction of a Floating Storage & Injection (“FSI”) Hub facility for dCS’s CStore1 carbon capture and storage project offshore Australia…

Equinor, Wintershall Dea Eye Pipeline to Capture CO2 under North Sea

Aug 30, 2022

Equinor and Wintershall Dea will jointly develop carbon capture and storage projects, the oil firms said on Tuesday, with ideas to build a pipeline from Germany to Norway to transport and store carbon dioxide (CO2) under the North Sea.The firms…

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