Decarbonization News

Subsea 7, Aibel Clinch Northern Lights Contracts

Jan 28, 2021

Norwegian oil and gas firm Equinor has awarded contracts to Subsea 7 and Aibel in support of the realization of the Northern Lights carbon capture project in Norway.The Northern Lights project is part of the Norwegian full-scale carbon capture and storage (CCS) project “Langskip” (Longship)…

Japan's Largest Oil & Gas Producer Inpex Sets Net Zero Emission Goal

Jan 27, 2021

Inpex Corp, Japan's biggest oil and gas producer, said on Wednesday it is targeting net-zero carbon emissions by 2050 through the expansion of renewable and hydrogen energy as well as the use of carbon capture technology.The move comes after…

Study: Green Hydrogen Imports Feasible Solution for Belgium's Climate Efforts

Jan 27, 2021

A study published Wednesday by the Belgian hydrogen import coalition – a collaboration between DEME, ENGIE, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge, and WaterstofNet – has found that importing green hydrogen from abroad is is both…

DNV GL Merges Oil & Gas and Power & Renewables Arms to Create Energy Systems

Jan 26, 2021

DNV GL said Tuesday it would combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.The quality assurance and classification firm which, among others, provides advisory services to the power…

Mott MacDonald Developing Concepts for Europe's Largest Green Hydrogen Project

Jan 21, 2021

UK-based consultancy Mott MacDonald has been appointed as the technical integration and optimization contractor for the NortH2 project, dubbed the largest green hydrogen project in Europe.The contract was awarded to Mott MacDonald by the NortH2 Consortium…

Ørsted Reaches FID on Green Hydrogen Project in Denmark

Jan 20, 2021

Danish offshore wind farm developer Ørsted has taken a final investment decision on the renewable hydrogen demonstration project at Avedøre Holme in Copenhagen, which will use offshore wind energy to produce green hydrogen.The project is expected…

Shell, Exxon Seek $2.55B in Dutch Subsidies for CO2 Storage

Jan 15, 2021

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday…

Siemens Gamesa, Siemens Energy Team Up in Green Hydrogen Push

Jan 14, 2021

Siemens Gamesa and Siemens Energy have this week announced they'd work together on wind-to-hydrogen projects to help decarbonize the economy 'to solve the climate crisis.'The companies said they were contributing with their developments to an…

Oil Industry Slams Norway's Plan to Triple Carbon Tax

Jan 08, 2021

Norway plans to more than triple its national tax on carbon dioxide (CO2) emissions by 2030 to help it reach its climate goals, the government said on Friday, drawing criticism from the country's powerful oil lobby.The cost of emissions will be raised to 2…

Aker Carbon Capture Appoints CFO

Dec 29, 2020

Norwegian carbon capture company Aker Carbon Capture has appointed Egil Fagerland as its CFO, with effect from April 1, 2021.Fagerland joins the company from DeepOcean, where he was head of ERP and Business Systems. He previously held various…

Aker Solutions Signs $57,6M CO2 Capture Deal

Dec 22, 2020

Aker Solutions has secured a contract from Aker Carbon Capture for engineering, procurement, and management assistance to realize the CO2 capture plant at Norcem’s cement factory in Brevik, Norway.The project, part of Norway's Longship project…

Oil and Gas Industry Must Support UK's Net-zero Target, Regulator Says

Dec 17, 2020

UK's Oil & Gas Authority on Wednesday submitted a revised strategy for laying before the UK Parliament featuring for the first time an obligation on the oil and gas industry to support the UK’s net-zero target.'The revised Strategy reflects the ongoing global energy transition…

Key Contracts Awarded for Northern Lights CO2 Capture Project in Norway

Dec 17, 2020

Equinor has awarded key contracts for the Northern Lights carbon capture and storage project in Norway to Aker Solutions. The contract awards come just days after the Norwegian Government announced its funding decision for the Northern Lights project…

Atlantic Shores Offshore Wind, SJI in Green Hydrogen Collab

Dec 16, 2020

SJI, a Folsom, New Jersey-based energy services holding company has entered a partnership with offshore wind developer Atlantic Shores Offshore Wind to collaborate on a green hydrogen pilot program.The collaboration will research, monitor, and…

Total CEO: North Sea Could Switch from Oil Reservoir to CO2 Storage

Dec 15, 2020

The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.The French oil firm is one of the partners in the Northern Lights project, which…

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