Decarbonization News


SBM Offshore, Petrobras to Assess Application of Carbon Capture Tech on FPSOs

Feb 17, 2025

SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.The module design is based on an engineering and design study between SBM Offshore and Mitsubishi Heavy Industries (MHI)…

Van Oord’s Nexus CLV Gets Emissions Reduction Upgrade

Feb 10, 2025

A series of advanced selective catalytic reduction (SCR) systems has been installed on Van Oord’s cable-laying vessel (CLV) Nexus by Damen Shipyards Group in an effort to further reduce emissions.Five SCR units have been installed on the Nexus…

Trump: Second Term, Second Withdrawal from Paris Climate Agreement

Jan 21, 2025

President Donald Trump once again withdrew the United States from the Paris climate deal on Monday, removing the world's biggest historic emitter from global efforts to fight climate change for the second time in a decade.The move places the United States alongside Iran…

Europe's Wind Farms Set to Produce More Power Than Coal in 2025

Jan 14, 2025

Europe's wind farms could produce more electricity than the region's coal-fired power plants for the first time in 2025 if the recent pace of output growth in wind production and output cuts in coal generation extends through the year.Total…

SBM Offshore Inks Investment Deal with Ocean-Power

Jan 07, 2025

SBM Offshore has made initial equity investment in Ocean-Power, a Norwegian company developing an offshore power hub which generates electricity using gas turbines in association with carbon capture and storage (CCS).The investment follows the…

Norway Awards Two CO2 Storage Permits in North Sea

Dec 19, 2024

Norwegian Ministry of Energy has offered two CO2 storage permits to Harbour Energy, Equinor, and Aker BP, both located in the North Sea.One of the permits is being offered to a group consisting of Harbour Energy (operator) and Equinor Low Carbon Solution…

Bureau Veritas, SHI Partner Up for Floating Storage and CCS Solutions

Dec 18, 2024

Bureau Veritas Marine & Offshore (BV) and Samsung Heavy Industries (SHI) have partnered up to develop Floating CO2 Storage Units (FCSU) and Carbon Capture and Storage (CCS) projects in the Republic of Korea in an effort to cut greenhouse gas emissions…

MSE Int'l Wins Funding for Port Recharging Project

Nov 20, 2024

MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime Energy Transition.The project will accelerate the roll-out of port and harbor infrastructure needed to support the rapid…

TotalEnergies Steps Up Methane Emissions Monitoring Efforts

Nov 14, 2024

TotalEnergies has announced plans to deploy real-time methane emissions detection equipment on all its operated upstream assets by the end of 2025.Since 2022, TotalEnergies has been pursuing its ambition to aim for near-zero methane operated emissions in 2030…

Dutch Court Dismisses Climate Ruling Against Shell

Nov 12, 2024

A Dutch court on Tuesday accepted Shell's appeal against a landmark climate ruling, dismissing the order for the oil and gas company to sharply reduce emissions.The original 2021 ruling ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared to 2019 levels…

Canada Proposes 35% Oil and Gas Sector Emissions Cut By 2030

Nov 05, 2024

The Canadian government released draft regulations on Monday that would cap emissions of greenhouse gases from the oil and gas sector at 35% below 2019 levels by 2030, drawing condemnation from the industry that said it will force a production cut…

Energy Related Emissions to Peak in 2024 as Energy Transition Marks Progress, DNV Says

Oct 09, 2024

Energy related emissions are at the cusp of a prolonged period of decline for the first time since the industrial revolution and are set to peak in 2024, confirming that the energy transition is progressing on global scale with China at the forefront of decarbonization efforts…

Eni Strengthens LNG Ties with Japan

Oct 07, 2024

Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation with the aim of collaborating in the gas and LNG field to increase diversification of supply sources.The memorandum…

Northern Lights CCS Facilities Set to Receive First CO2 Injection

Sep 26, 2024

TotalEnergies and its partners, Equinor and Shell, have completed the construction of receiving and storage facilities of the Northern Lights carbon capture and storage (CCS) joint venture in Norway, which is now ready for its first CO2 injection…

Upstream Electrification Could Cut 80% of O&G Production Emissions, Rystad Finds

Sep 19, 2024

Oil and gas production facilities could reduce more than 80% of associated emissions if converted to run on electricity powered by renewables or natural gas that would otherwise be flared, according to a new report from Rystad Energy.Fully electrified…

Current News

Van Oord Completes Monopile Installation at Windanker

Australian Union Members Back Pluto LNG 2 Strike

Survey shows that oil companies in Norway will drill 18% less exploration wells by 2026.

Cadeler’s WTIV Newbuild En Route to Europe for Maiden Offshore Wind Job

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