"CCUS" News

Italy's Eni Involved in 5 UK Carbon Capture Projects

Apr 03, 2023

Italy's Eni said on Friday it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth 20 billion pounds ($25 billion) of government funding.The British government last Thursday said it had shortlisted…

Australian Budget Supports Gas and Hydrogen Development

May 10, 2023

Australia’s federal government has released its 2023 Budget, with the offshore industry saying it listened to industry concerns.Australian Petroleum Production & Exploration Association (APPEA) Chief Executive Samantha McCulloch said the new…

Project Greensand: First CO2 Injected in Depleted Oil Field in Danish North Sea

Mar 08, 2023

Denmark's Crown Prince Frederik inaugurated on Wednesday what has been described as 'a world first' with the injection of carbon dioxide into a depleted oil field in the Danish North Sea as part of Project Greensand.The CO2 was captured at an INEOS Oxide site in Belgium…

Chevron, Talos Energy Triple Size of Planned Texas Carbon Hub

Mar 07, 2023

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…

The Crown Estate and Crown Estate Scotland Survey Industry on Carbon Capture Utilisation and Storage

Mar 07, 2023

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…

OMV Extends Partnership with CGG for Advanced Seismic Imaging and Reservoir Characterization

May 23, 2023

Seismic data firm CGG has been awarded a new contract by the oil firm OMV to continue operating a dedicated center at its head office in Vienna for an initial three-year period. CGG said that during the contract time, OMV would continue to benefit…

Australia Aims to Scale Up Offshore CCS

May 16, 2023

Australia plans to scale up its capability for offshore carbon capture and storage (CCS) and will shortly seek public feedback on a new round of greenhouse gas storage acreage, the country’s resources minister said on Tuesday.The country, one…

Australia Aims for More Carbon Capture Projects

Apr 18, 2023

The importance of carbon capture utilisation and storage (CCUS) to reaching net zero has been highlighted in a new Australian Government report calling for more support for the technology.The policy insights paper, “Reduce, remove and store…

Spirit Energy Nets CO2 Storage License in East Irish Sea

May 19, 2023

UK-based oil and gas firm Spirit Energy is among the twelve companies that have this week been granted a carbon storage license by the UK North Sea Transition Authority (NSTA) in the East Irish Sea.'This represents a further step towards their…

Ørsted to Store 430,000 Tonnes of CO2 Emissions Annually Under Seabed in Norway

May 15, 2023

Danish renewables firm Ørsted has signed a CO2 Transport and Services Agreement (TSA) with the Norwegian Northern Lights joint venture to store 430,000 tonnes of biogenic CO2 emissions per year from two power plants in Denmark.'This agreement…

Win Up to $1 Million: ADNOC Launches Global Competition to "Reshape Energy Landscape"

May 11, 2023

Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…

ABB Provide Electrical System Automation for Petrobras' P-82 FPSO

Apr 27, 2023

Singapore's Sembcorp Marine has ordered from ABB the complete electrical system automation for the P-82 FPSO Sembcorp Marine is building for the Brazilian oil company Petrobras.The P-82 FPSO, ordered by Petrobras in October 2022,  will be one…

Japan: JX Nippon to Buy Offshore Drilling Firm JDC

Mar 16, 2023

JX Nippon Oil & Gas Exploration Corporation has to acquire the entire issued shares of the offshore drilling firm Japan Drilling Co., Ltd. (“JDC”).The company plans to complete the acquisition around the end of April of  2023.'Upon completion of the acquisition…

Accelerating the Transition to a Better Energy Future: SPE Offshore Europe 2023 Registration Open

Apr 20, 2023

Registration for the 50th-anniversary edition of SPE Offshore Europe 2023 exhibition and conference is now open, the organizers said Thursday.The free-to-attend event will be held at P&J Live, Aberdeen, from 5-8 September 2023, and themed ‘Accelerating the transition to a better energy future’…

Petronas and ExxonMobil to Pursue CCS Projects in Malaysia

Jan 27, 2023

Malaysian oil and gas company Petronas said Friday it had recently signed two agreements with U.S. major ExxonMobil to jointly pursue Carbon Capture and Storage (CCS) projects in Malaysia.Petronas and ExxonMobil have committed to defining the next steps…

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EMGS to Conduct CSEM Survey Of

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Iberdrola Invests in Offshore

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