Carbon Capture News


Baker Hughes, Horisont Energi Working on Barents Sea Carbon Capture Project

Mar 23, 2021

Oilfield services giant Baker Hughes and the Norwegian 'carbontech' start-up, Horisont Energi have signed an agreement to jointly explore development and integration of technologies for the Polaris carbon storage project in the Barents Sea, offshore Norway…

Mitsui Invests in UK Carbon Capture and Storage Project

Mar 03, 2021

Japanese trading house Mitsui & Co Ltd said on Wednesday it would invest in the development of a carbon capture and storage (CCS) project in Britain.The Japanese company will take a 15.4% share in Storegga Geotechnologies which is developing…

Reversing the Flow – Repurposing Wells for Carbon Capture & Storage?

Mar 01, 2021

2020 is a year that’ll be remembered for many reasons. COVID-19 aside, it’s been a turning point for the offshore industry, one where net-zero solutions have been top of the agenda, including within well abandonment.Industry and regulators have…

AGR, Gassnova Pen Deal to Advance CCS Solutions

Feb 16, 2021

AGR, Norway-based well engineering, drilling project management, and reservoir management firm, has signed an agreement to provide advisory services to Gassnova, in the area of carbon capture and storage.The Norwegian state-owned Gassnova acts…

Australian Firm Launches Offshore CO2 Capture and Storage Project

Dec 07, 2020

An Australian company has lined up the country's national science agency and Japanese firms to work on a plan to capture carbon dioxide, and liquefy and transport it to a site offshore Australia to be injected under the seabed.The push comes…

Aker Carbon Capture, MAN in CCS Technology Collaboration

Dec 02, 2020

Aker Carbon Capture and MAN Energy Solutions have entered into technology cooperation to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with heat recovery. 'The agreement supports the companies’…

Total, ADNOC in Carbon Capture Pact

Nov 12, 2020

French oil major Total and Abu Dhabi's oil firm ADNOC have signed agreements to jointly work on opportunities in the areas of CO2 emission reductions and carbon capture, utilization, and storage (CCUS).'The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total…

Chrysaor Files Application for Offshore CO2 Storage License

Nov 10, 2020

Chrysaor, a UK-North Sea focused oil and gas company, has tendered a license application for the purpose of storing CO2, and will, in parallel, seek agreement for a storage lease with The Crown Estate for the storage of CO2 in a depleted Southern North Sea gas reservoir…

Norway to Launch $2,7B Carbon Capture and Storage Project 'Longship'

Sep 21, 2020

In what has been described as 'the greatest climate project in Norwegian industry ever' the Norwegian government on Monday submitted a white paper to parliament, proposing to launch a $2,7 billion carbon capture and storage (CCS) project in Norway…

Aker's Carbon Capture, Offshore Wind Spinoffs Shares Surge in Market Debut

Aug 26, 2020

Shares of Aker Carbon Capture and Aker Offshore Wind surged on their first day of trading in Oslo on Wednesday, delivering a boost to the Aker conglomerate's strategy of spinning off environment technology. Aker Solutions, controlled by Norwegian billionaire Kjell Inge Roekke…

'Strong Interest' in Aker Solutions' Offshore Wind, Carbon Capture Spin-offs' Private Placements

Aug 14, 2020

Norwegian offshore engineering and construction firm Aker Solutions said Friday its offshore wind and carbon capture subsidiaries had raised NOK 500 million each in private placements.Aker Solutions in July said it would spin off its wind development…

Offshore Energy Industry Can Help UK Hit Net-Zero Emissions Target, O&G Regulator Says

Aug 06, 2020

“The UK Continental Shelf has the potential to make a deep and meaningful impact on the UK’s overall net-zero target and offshore energy integration can be the game-changer,' Andy Samuel, CEO of the UK's Oil and Gas Authority said Thursday.Samuel's…

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