Carbon Capture News

 

U.S. Gulf of Mexico Offers Tremendous Advantages for CCUS, But Regulatory Support Required, NOIA Says

Jan 12, 2022

The U.S. National Ocean Industries Association (NOIA) on Wednesday released the policy paper, Carbon Capture, Use, & Storage: An Economic, Employment, & Climate Opportunity for the U.S Offshore Region, where it says that while the U.S. Gulf…

Petronas, Shell Exploring Offshore Carbon Capture And Storage in Malaysia

Jan 11, 2022

Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…

CETO JIP to develop Low Pressure Solutions for CO2 Ship Transport

Dec 29, 2021

Equinor, Shell, TotalEnergies, Gassco and DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships. The CETO (CO2 Efficient Transport via Ocean) JIP will carry out the technology qualification…

Talos Energy Names Director to Lead Low Carbon Business

Dec 16, 2021

U.S. oil company Talos Energy has appointed Robin Fielder as the Company's first Executive Vice President Low Carbon Strategy and Chief Sustainability Officer. Under the newly created executive leadership role,  Fielder will serve as the lead…

UK: BP Awards FEED Contracts for Teesside Power, Carbon Capture and Compression Project

Dec 15, 2021

BP – the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) – has awarded contracts as part of its dual Front End Engineering Design (FEED) competition to two separate consortiums of engineering, carbon capture licensors…

Danish Gov't Backs Carbon Capture and Storage Project Greensand

Dec 09, 2021

The Danish Energy Agency will award 197 million DKK (€26 million) to the INEOS-led consortium backing Project Greensand for carbon capture and storage in the North Sea.The project entails transporting CO2 by ship to the Nini West reservoir off…

CGG Launches Carbon Storage Screening Study

Nov 26, 2021

French company CGG, best known for offshore seismic data services, has released a new carbon storage screening study.CGG said the study, called GeoVerse, would support CCUS operators in quickly identifying suitable CO2 storage sites. 'This Northern North Sea study…

Hydrogen's Many Colors

Nov 19, 2021

Industries including energy, steel, and chemicals are looking to develop large-scale hydrogen applications to help reduce carbon emissions and avert global warming.Although hydrogen is the most abundant element in the universe, it's very scarce as a gas…

Exxon Lays Foundation For Offshore Carbon Storage Project at Gulf of Mexico Lease Sale

Nov 18, 2021

Exxon Mobil Corp on Wednesday offered to lease a half million acres off the Texas coast, securing space for what could become a massive project to capture and store carbon emissions.Under pressure by investors to address climate change, Exxon…

Beach Energy CEO Resigns

Nov 02, 2021

Matt Kay, the Managing Director and Chief Executive Officer of the Australian oil and gas company Beach Energy, has tendered his resignation and is departing Beach to pursue other professional opportunities. Morné Engelbrecht – who is currently…

ASCO to Provide Logistics Services for Horisont Energi's Barents Blue Project

Oct 27, 2021

Horisont Energi, a Norwegian company developing a blue ammonia project in Norway that involves offshore carbon storage, has signed a four-year framework deal with logistics and supply company ASCO Norge, with an option to extend it.Horisont…

How to Ensure Oil & Gas Infrastructure Still Has Value

Oct 14, 2021

If we want to reach net zero by 2050, there is an increasingly high risk that some of the oil and gas infrastructure investments (i.e. in platforms, pipelines, processors, storage sites etc) made today will result in stranded assets.In other words…

Dalian Shipbuilding Industry Co. to Build Two CO2 Carriers for Norwegian Northern Lights Project

Oct 11, 2021

Chinese shipbuilder Dalian Shipbuilding Industry Co. has won a contract to build two CO2 carriers for Northern Lights, a Norwegian carbon capture and storage project.Under the contract awarded by the Northern Lights JV, owned equally by Equinor…

ExxonMobil Adds Ethylene Plant to Acorn Carbon Capture Mix

Oct 06, 2021

U.S. oil major ExxonMobil has signed an Expression of Interest to capture, transport, and store CO2 from its Fife Ethylene Plant, as part of the proposed Acorn carbon capture project in Scotland.The Acorn carbon capture project is designed to…

DNV, LISCR Grant AiP for Large Liquefied CO2 Carrier

Sep 23, 2021

Classification society DNV and the Liberian International Ship & Corporate Registry (LISCR) have awarded an Approval in Principle (AiP) to Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering CO. (KSOE) for a new 40,000 CBM liquified CO2 carrier design…

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