Carbon Capture And Storage News

 

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…

Technip FMC, Saipem Good to Go for UK’s CCS Projects Work

Dec 13, 2024

Saipem and TechnipFMC, under two separate contracts, have secured notices to proceed with the development of Northern Endurance Partnership (NEP) carbon capture and storage (CCS) projects in the U.K.Saipem secured final award for the two projects…

Inpex Joins Norway’s Trudvang CCS Project

Dec 13, 2024

Japan’s top oil and gas producer Inpex has joined Trudvang carbon capture and storage (CCS) project offshore Norway, by acquiring 30% of Sval Energi’s 40% share in the scheme.Trudvang CCS is a large-scale CCS project that aims to cumulatively…

RINA to Conduct Pre-FEED Study for Petronas’ CCS Project in Malaysia

Dec 11, 2024

Italian classification and marine engineering consultancy RINA has secured a contract from Petronas CCS Solutions to carry out a pre-FEED study for a carbon capture and storage (CCS) project in Malaysia.The contract covers the Northern hub, located in Kerteh…

Permits and Funding in Place for UK’s First Offshore CCS Project

Dec 11, 2024

North Sea Transition Authority (NSTA) has issued its first carbon storage permit to Northern Endurance Partnership, consisting of BP, Equinor and TotalEnergies, for the carbon capture and storage (CSS) project off the coast of Teeside. The partners…

Deal in Place for Construction of Saudi Aramco’s CCS Hub in Jubail

Dec 05, 2024

Saudi oil and gas giant Aramco has signed a shareholders’ agreement with Linde and SLB paving the way for development of a Carbon Capture and Storage (CCS) hub in Jubail that is expected to become one of the largest globally.Under the terms…

Altera Infrastructure, Harbour Energy Get $240M EU Grant for Offshore CCS Project

Oct 24, 2024

Altera Infrastructure and its partner Harbour Energy have secured $242 million grant funding from the EU Innovation Fund for the STARFISH project, which aims to provide a large-scale solution for CO2 sequestration using shared offshore infrastructure…

Exxon Secures Over 271,000 Acres in Texas Waters for Offshore CO2 Capture

Oct 10, 2024

ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation.The lease with the Texas General Land Office follows Exxon's 2021 bid for federal land off the Texas coast for CO2 capture…

UK Commits $28.4B for CCS Projects Over Next 25 Years

Oct 04, 2024

The United Kingdom has pledged to provide up to $28.4 billion (£21.7 billion) in funding for carbon capture and storage (CCS) and hydrogen technology and projects over 25 years, being developed in northern England, in an effort to curb CO2 emissions…

Eni Gets Lease from Crown Estate for UK’s HyNet CCS Project

Oct 04, 2024

The Crown Estate has awarded an agreement for lease to Eni for the HyNet project, the first carbon capture and storage (CCS) project in the UK to repurpose existing pipeline infrastructure, reducing both cost and the environmental impact of construction…

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…

Denmark’s First Offshore Carbon Storage Project Gets DNV’s Site Certification

Sep 19, 2024

DNV, the independent energy expert and assurance provider, has certified the first CO2 storage site for Project Greensand in Denmark, marking a key milestone in the advancement of carbon capture and storage (CCS).Building on prior certifications issued in June 2023…

Six Firms Line Up for CO2 Storage Acreage Offshore Norway

Sep 04, 2024

The Ministry of Energy of Norway has received applications from six companies for the proposed acreage for potential offshore storage of CO2 in the North Sea.The applications were received from Aker BP, Equinor Low Carbon Solutions, Harbour Energy Norge…

Eni and Snam Launch Italy’s first CCS Project

Sep 03, 2024

Eni and Snam, as part of the equal joint venture, have started of CO2 injection activities in the reservoir for Phase 1 of Ravenna Carbon Capture and Storage (CCS) project.Designed to support industrial decarbonization, Ravenna CCS is the first project for the capture…

SLB Launches Carbon Storage Well Integrity Assessment Tool

Aug 27, 2024

SLB has launched a well integrity assessment solution that helps carbon storage developers quantify the risks associated with wells at prospective storage sites with previous drilling activity.Establishing secure storage sites is essential to…

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