Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground storage have gained steam across Europe over the past few years as countries seek to meet their climate goals.The interest in carbon capture and storage…
The offshore oil and gas sector is back and is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up, the Norwegian energy industry intelligence firm Rystad said in a report Tuesday…
The Crown Estate and Crown Estate Scotland have started the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS). The two organizations, one responsible for the seabed around England, Wales, and Northern Ireland…
Danish offshore support vessel owner Maersk Supply Services has secured three-year contracts for three of its L-class anchor handlers with Petrobras in Brazil.Petrobras will use the vessels for a broad scope of anchor handling activities and offshore drilling rig movements…
Oil producers Chevron Corp and Talos Energy Inc on Monday said they have tripled the size of a proposed carbon capture and storage hub for the Gulf Coast.Their joint venture, which includes Carbonvert Inc, plans to collect and bury greenhouse gases from clients in the petrochemical…
EDF Renewables, Jan De Nul Group, and Luminus have teamed up to bid for a commercial-scale offshore wind tender for the first phase of the Princess Elisabeth Zone in Belgium.The Princess Elisabeth Zone is an area identified by the federal government…
Negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway's Equinor and Britain's Shell are complete and contract preparations are underway, Tanzania's energy ministry said.The development…
Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million.The sale will mark Solstad Offshore's exit from the platform supply vessel sector. Ongoing PSV charter parties will be transferred to Tidewater…
BP hasn't fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney's pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from fossil fuels. Last month he applied the brakes…
Brazil's state-run oil firm Petrobras and Norwegian energy provider Equinor on Monday said they signed an agreement to evaluate development of seven wind projects offshore Brazil.The proposed projects would deliver a combined capacity of 14…
As we move into March, we note both positive and negative trends developing in the U.S. offshore wind segment.As an indication of the long-term sustainability of the offshore wind industry in the United States, federal agencies are finalizing…
Oil and gas companies Equinor, PGNiG, and Longboat Energy have relinquished the license in Norway containing the Egyptian Vulture offshore oil discovery, but Longboat plans to re-apply for the acreage as it believes the discovery has high potential…
Oilfield services giant SLB, until recently known as Schlumberger, on Monday introduced the EcoShield geopolymer cement-free system that it says minimizes the CO2 footprint of a well’s construction.' This innovative technology eliminates up…
Kongsberg Digital has entered into a strategic agreement with the integrated energy company Chevron Technical Center, a division of the U.S. oil major Chevron, to digitize its global assets using Kongsberg Digital's digital twin technology. The agreement includes a multi-year commitment…
Denmark has resumed its review of two of the 33 offshore wind farm applications it suspended last month over worries of breaching European Union state aid rules, the Energy Agency said on Friday.Denmark, which aims for a fivefold increase in offshore wind power capacity by 2030…
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