Decarbonization News


Net Zero Technology Centre Launches Funding Competition to Reduce Offshore Emissions

Mar 08, 2022

The Net Zero Technology Centre, a UK-based organization previously known as Oil and Gas Technology Centre, has announced the launch of its 2022 Open Innovation Programme aimed at developing and deploying technologies that will reduce offshore emissions…

NOAKA: Aker BP Taps Hitachi Energy for "World’s Longest" Power-from-shore AC Connection FEED

Mar 07, 2022

Aker BP, the Norwegian oil and gas exploration and production company, has selected Hitachi Energy as a technology partner for the NOAKA power-from-shore project offshore Norway.The entire project, aimed at developing the so-called NOAKA oil…

UK Offshore Flaring Volumes Drop to Lowest on Record, Regulator Says

Mar 04, 2022

UK North Sea production platforms reduced their flaring by 6 billion cubic feet (bcf), to 26 bcf, a reduction equivalent to the annual gas demand of 130,000 UK homes, the UK Oil and Gas Authority said Friday.A city with 130,000 homes would be similar in size to Aberdeen…

Waterotor Unveils 20MW 'Big Cajun' System Aimed at Decarbonizing Offshore Oil Operations

Mar 02, 2022

Hydrokinetic energy company Waterotor International Corp. on Tuesday unveiled its 20MW hybrid ocean energy-generating system aimed at decarbonizing offshore oil and gas operations.The megarotor system design called “The Big Cajun” was unveiled…

Havfram Eyes 'Important' Role in Offshore Platform Electrification

Mar 02, 2022

Norwegian offshore installation firm Havfram on Wednesday shared its ambition to become 'one of the future market leaders in O&G electrification with offshore wind.' ' In 2020 Havfram made the lasting commitment to play a key role in the transition from oil and gas into offshore wind…

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…

Talos Energy to Seek Approvals for Several Carbon-capture Projects

Feb 28, 2022

U.S. offshore oil producer Talos Energy Inc on Friday said it aims to file permit applications for several carbon capture projects this year, a key step to developing carbon sequestration hubs along the Gulf Coast.Talos is developing plans to…

Scotland Eyes Offshore Wind Lease Sale Aimed at Decarbonizing Offshore Oil and Gas Platforms

Feb 23, 2022

Crown Estate Scotland on Tuesday announced the proposed details of its Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process, aimed at building wind farms to be used to power offshore oil and gas installations.'Developers…

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…

Wärtsilä Assisting Solstad Offshore with Fleet Decarbonization

Feb 22, 2022

Norwegian offshore vessel owner Solstad Offshore has plans to reduce the carbon footprint of its 90 vessel fleet, and has turned to the technology company Wärtsilä for collaboration. 'The aim is to achieve a 50 percent reduction in CO2 emissions by 2030…

Interest in CCS Picking Up: Aker Carbon Capture, Northern Lights JV Partner Up

Feb 17, 2022

Aker Carbon Capture has signed a deal with Northern Lights JV to collaborate on the realization of Carbon Capture and Storage (CCS) projects in Norway and across Europe.'Together, the two companies represent a full value chain offering from carbon capture through transport and storage…

Japan's Inpex to Spend Up to $38B in Growth Areas Over 9 years

Feb 09, 2022

Japan's biggest oil and gas explorer Inpex Corp said on Wednesday it will invest up to 4.4 trillion yen ($38 billion) in growth areas over the next 9 years, 1 trillion of which will be spent on decarbonization areas including hydrogen and ammonia…

Petronas, MOL Sign Liquefied CO2 Shipping MoU

Feb 09, 2022

Malaysia's state energy firm Petronas said on Wednesday it has signed an agreement with Japanese shipping company Mitsui O.S.K Lines (MOL) to explore opportunities in liquefied carbon dioxide (CO2) shipping in Asia Pacific and Oceania regions…

Schlumberger Secures Work at Northern Lights Carbon Capture Project

Jan 28, 2022

Oilfield services giant Schlumberger will deploy its DELFI cognitive E&P environment on the Norwegian carbon capture and storage project Northern Lights.The Northern Lights project is operated by the namesake joint venture, owned by Equinor…

EU Approves Funding for Northern Lights CCS Project Expansion

Jan 27, 2022

Norwegian carbon capture and storage project Northern Lights is set to receive four million euros from the EU under the Connecting Europe Facility (CEF) funding scheme.The Northern Lights joint venture, owned by Equinor, TotalEnergies, and Shell…

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NSTA Opens UK’s Second Carbon Storage Licensing Round

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