Carbon Capture And Storage News


Petronas, ADNOC, Storegga Target 5M tons per year of Carbon Capture

Aug 20, 2024

Malaysia's Petroliam Nasional (Petronas) will collaborate with Abu Dhabi National Oil Company (ADNOC) and U.K.-based Storegga to evaluate carbon dioxide emissions storage in Malaysia, the companies said on Tuesday.The three companies have signed…

CCS Firms Secure CO2 Acreages Off Australia

Aug 07, 2024

deepC Store and Azuli International have been awarded Greenhouse Gas Assessment Permit (GHG Acreages) in the Bonaparte and Browse Basins off Australia, and have entered into a joint study agreement for a strategic partnership with Japanese company J-POWER…

Apollo Takes Charge of Large-Scale UK CCS and Shipping Hub Studies

Aug 06, 2024

Engineering and energy advisory consultancy Apollo has been selected to conduct three studies for the 7CO2 Carbon Capture and Shipping Hub in the U.K.The initiative aims to facilitate local and regional decarbonization across the Southwest of England…

SLB to Acquire Majority Ownership in Aker Carbon Capture

Mar 27, 2024

SLB has agreed to combine its carbon capture business with Aker Carbon Capture (ACC).The combination will leverage ACC’s commercial carbon capture product offering and SLB’s new technology developments and industrialization capability. SLB says…

Eni to Develop Separate Energy Transition Units

Mar 14, 2024

Italy's Eni said on Thursday it would embrace transition by creating separate units specialising in carbon capture and bio chemicals, adding to already existing renewable energy and biofuel subsidiaries.The four units would eventually attract…

Petrobras Hires Technip Energies’ Company for Offshore CCS Study

Feb 19, 2024

Brazilian state-run oil and gas company Petrobras has hired Kanfa, a fully-owned subsidiary of Technip Energies, to conduct a carbon capture and storage (CCS) study for its offshore assets.With the study, Petrobras aims to get a thorough understanding…

CCUS: Bernhard Schulte Orders Its First CO2 Tanker

Dec 14, 2023

Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights…

Carbon Capture Chasm Exposed at Climate Summit

Dec 07, 2023

Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation…

DNV Awards AiPs to DSIC for Two Liquefied CO2 Concepts

Dec 05, 2023

DNV has awarded two Approval in Principle (AiP) certificates to Dalian Shipbuilding Industry (DSIC) for the design of a 50,000cbm floating liquefied CO2 (LCO2) storage and injection unit (FSIU) and a 20,000cbm LCO2 carrier.The AiPs confirm the…

ExxonMobil CEO Rebuffs IEA Criticism of Carbon Capture Strategy

Dec 03, 2023

ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible 'illusion', saying the same could be said about electric vehicles and solar energy…

Japanese Firms, Petronas to Set up CO2 Storage Off Malaysia by 2028 End

Nov 20, 2023

Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas, which should start holding its first carbon dioxide (CO2) emissions from the end of 2028, Japan Petroleum Exploration Co said on Monday…

Sumitomo's Subsidiary to Take Stake in UK North Sea Carbon Storage License

Nov 17, 2023

Carbon Catalyst Limited (CCL) said Friday it had reached an agreement with Summit Energy Evolution Limited (SEEL), a subsidiary of Sumitomo Corporation, to farm out a 10% working interest in the Orion carbon storage license located in the Southern North Sea sector of the UK Continental Shelf…

German Firm Farms Into UK Offshore Carbon Storage License

Nov 14, 2023

Carbon Catalyst Limited (CCL) said Tuesday it had completed the farmout of a 10% stake in the Poseidon carbon storage license located in the Southern North Sea sector of the UK Continental Shelf, to Wintershall DEA.As part of the deal, German…

UK Offshore Well Decommissioning Firm Eyes CCUS and Geothermal Projects with New Appointment

Oct 17, 2023

UK-based offshore well decommissioning specialist Well-Safe Solutions is looking to expand its capabilities and venture into the carbon capture, usage and storage (CCUS) and geothermal sectors too.To help facilitate this scope expansion, Well…

UK, Italy's Eni Agree Carbon Capture Project Rules

Oct 17, 2023

Italy's Eni said on Tuesday it had reached an agreement with Britain's government on the key terms and conditions for providing services in one of the carbon capture and storage (CCS) projects under development in the country.Eni is the carbon…

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