Ccus News


Three Firms Apply for CO2 Storage Acreage Offshore Norway

Jun 09, 2022

Three companies have applied for future storage of CO2 on the Norwegian continental shelf, the Norwegian Ministry of Petroleum and Energy said Thursday.Norway in April announced a new area for CO2 storage in the North Sea, citing growing interest from the industry…

UK-based Waste Management Firm to Store CO2 Under Seabed in Norway

May 13, 2022

Cory, a UK-based waste management and recycling company, might soon ship carbon dioxide from its 'energy from waste operation' on the River Thames in London to Norway's Northern Lights subsea carbon storage facilities.Cory and Northern Lights…

BP and Equinor Win CO2 Storage Licenses in UK North Sea

May 12, 2022

Oil and gas companies BP and Equinor have been awarded licenses to store CO2 under the UK North Sea seabed.According to the North Sea Transition Authority (NSTA), which awarded the licenses with an appraisal term of eight years, the Southern…

U.S. Energy Department to Commit $2.25B to Carbon Storage Program

May 05, 2022

The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday.The funding for carbon storage validation and testing over the next five years…

Chevron to Buy Into U.S. Gulf of Mexico Carbon Capture & Storage Joint Venture

May 03, 2022

U.S. oil companies Chevron and Talos and carbon capture & storage project development & finance company Carbonvert have signed a memorandum of understanding (“MOU”) for an expanded joint venture to develop the Bayou Bend CCS offshore carbon…

Eni Taps Seismic Firm Shearwater for CO2 Storage Survey Offshore UK

Apr 19, 2022

Shearwater GeoServices has said it has won a 3D geophysical survey with Eni with an option for a second survey, for a carbon storage project in Liverpool Bay, England.“We are delighted to conduct this survey work for Eni, advancing UK carbon storage by deploying towed streamer…

Equinor, Vår Energi, Horisont Energi Awarded CO2 Storage License in Barents Sea

Apr 05, 2022

Norwegian oil and gas company Vår Energi has together with its partners Equinor (operator) and Horisont Energi, been awarded the Polaris CO2 storage license in the Barents Sea,The Polaris CO2 storage reservoir is located in the Barents Sea, ca 100 km off the coast of Finnmark…

Neptune Energy Targets 2030 to Store More Carbon Than It Emits

Mar 01, 2022

With increasing pressure on the oil and gas industry to cut its emissions footprint, Neptune Energy said it aims to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030.According to the company…

Aker Solutions, Dril-Quip Team Up to Offer Subsea Injection Systems for CCUS Projects

Feb 22, 2022

Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…

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…

Chevron, Partners to Fork Out for Carbon Offsets for Gorgon LNG Carbon Capture Shortfall

Nov 12, 2021

Chevron Corp and its partners in the Gorgon liquefied natural gas (LNG) project in Western Australia have agreed to buy carbon credits likely to cost more than $180 million as a penalty for failing to meet a five-year target for carbon capture and storage (CCS)…

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…

AGR Joins 3-Year Research Aimed at CCS Cost Reduction

Sep 09, 2021

Engineering firm AGR said Thursday it was taking part in a three-year research initiative committed to developing new technologies and processes that aim to significantly reduce the cost of carbon capture related to transport and permanent storage…

Petronas Moves Forward on Carbon Capture and Storage Project Offshore Malaysia

Aug 09, 2021

Xodus won a deal for the conceptual engineering design contract for Petronas' first complete Carbon Capture and Storage (CCS) project, offshore Malaysia.  The Kasawari CCS project, off the coast of Sarawak, will comprise the capture and processing…

Horisont Energi, Equinor to Develop Carbon Capture and Storage Project in Norway's Arctic

May 19, 2021

Norwegian carbon tech company Horisont Energi and oil and gas group Equinor are to team up to develop a 100 million tonne carbon capture and storage project in Norway's Arctic.Carbon capture and storage has been cited by governments, energy…

Current News

TDI-Brooks Completes Offshore Seismic, Geochemical Surveys

Is Hindsight 20/20? Hormuz Oil Shock and Lessons Learned from 1973

Equinor Scuttles Japanese Offshore Wind Plan

Aker Solutions Inks 'Sizeable' Service Agreement

Subscribe for OE Digital E‑News