Decarbonization News


Offshore CCS Project Planned in The Netherlands

Sep 13, 2021

TotalEnergies, Shell Netherlands, Energie Beheer Nederland (EBN), and Gasunie have partnered up in a project called Aramis that aims to enable large-scale CO2 reduction for industrial clusters in the Netherlands. The Aramis project aims to contribute…

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…

Horisont Energi, Equinor, and Vår Energi Team Up in Blue Ammonia Project in Barents Sea

Sep 09, 2021

Norwegian carbon tech company Horisont Energi has signed a cooperation agreement with oil firms Equinor and Vår Energi for the development of Barents Blue, Europe's first large-scale production facility for blue ammonia.Bjørgulf Haukelidsæter Eidesen…

Energy Transition: Eni, Mubadala in Decarbonization Collaboration

Sep 08, 2021

Italy's Eni has teamed up with Mubadala Petroleum to look at joint investments in the energy transition field as part of plans to cut carbon footprints.In statements on Tuesday, the two groups said they had signed a memorandum of understanding…

DUC, Ørsted, DTU Enter CCS Project in Denmark

Sep 08, 2021

Norwegian Energy Company (Noreco) has announced a CCS partnership with Ørsted and DTU together with its partners in the Danish Underground Consortium on progressing CCS in the Danish North Sea. Project Bifrost will evaluate the potential for…

Retrofit: Eidesvik, Aker BP Partner Up to Cut Emissions from Existing OSV Fleet by 'at least' 70%

Sep 02, 2021

Norwegian offshore vessel owner Eidesvik and oil and gas firm Aker BP are developing a project which aims to reduce emissions from existing offshore supply vessels.The project called 'Retrofit' will evaluate various solutions for converting…

Indonesia: SKK Migas Approves Plans for Ubadari Gas Field and Vorwata CCUS Project

Aug 31, 2021

Indonesian oil and gas regulator SKK Migas has approved the Plan of Development (POD) for the Ubadari gas field and Vorwata Carbon Capture Utilization and Storage (CCUS) project, as the next stage of development at the Tangguh LNG project in Papua Barat…

CNOOC Launches China's First Offshore Carbon Capture & Storage Project

Aug 30, 2021

China's top offshore oil and gas producer, CNOOC, has launched the country's first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide.As one of the…

Malaysia: Shell to Develop Timi Field with Solar, Wind-powered Platform

Aug 30, 2021

Shell's Malaysian subsidiary Sarawak Shell Berhad has made a final investment decision (FID) on the Timi gas development, offshore Sarawak, in Malaysia. The Timi development will feature Shell Sarawak Berhad's first wellhead platform in Malaysia…

Ex-Total E&P Denmark Boss to Lead Green Transition of Ramboll's Oil & Gas Division

Aug 27, 2021

Danish engineering firm Ramboll has appointed Patrick Gilly, a former Managing Director of Total E&P Denmark as director to lead the green transition of its oil and gas services business.'The green transition is high on the agenda in Ramboll…

Denmark, Costa Rica Call Countries to Set Oil Output Phaseout Date

Aug 26, 2021

Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, government ministers said and documents showed.Burning fossil fuels…

Talos Energy, Carbonvert JV Wins Rights to Manage Carbon Storage Site Offshore Texas

Aug 25, 2021

U.S. oil and gas company Talos Energy, focused on oil and gas assets in the Gulf of Mexico, said Wednesday it was, with its partner Carbonvert, the sole winning bidder for the Texas General Land Office's ('GLO') Jefferson County, Texas carbon storage site located near Beaumont and Port Arthur…

Seismic Firms Team Up for Offshore Wind, Carbon Capture Projects

Aug 24, 2021

Magseis Renewables, a renewables-focused subsidiary of the Norwegian offshore oil and gas seismic acquisition contractor Magseis Fairfield, has entered two technology pilot projects for carbon capture and storage (CCS) and offshore wind in collaboration with the Norwegian seismic data company TGS…

Wood Secures First-ever UKEF-backed Energy Transition Loan

Aug 19, 2021

Engineering firm Wood, know to OEDigital audience for its services in the space of offshore oil and gas, said Thursday it had agreed a $600 million (£430m) loan with UK Export Finance, the UK government's export credit agency, which will help…

Exxon Investing in Brazil's Offshore Fields to Reduce CO2 Emissions

Aug 19, 2021

Exxon Mobil Corp sees its investments in Brazil's offshore helping the company achieve a goal of lowering carbon emissions in its oil and gas production, country head Juan Lessmann said on Wednesday.Exxon's board is considering a pledge to cut…

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