The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted oil and gas fields or aquifers. This novel concept incorporates the ability to accept LCO2 deliveries in an offshore setting…
Carbonvert and Castex Energy announced on Tuesday the execution of an operating agreement with the State of Louisiana to develop a 24,000 acre tract of land situated in state waters, offshore Cameron Parish, to permanently store carbon dioxide (“CO2”)…
Floating LNG solutions provider Höegh LNG and the Norwegian oil and gas firm Aker BP have entered a strategic partnership to develop a 'fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe…
Carbon capture and storage (CCS) technology is key to ensuring the survival and competitiveness in Italy of industries including steel, cement and chemicals, energy group Eni and gas grid operator Snam said on Friday.The two groups joined forces…
The UK government on Monday reaffirmed its support for projects to capture and store carbon dioxide emissions as part of its efforts to reach net zero goals and said two more projects would be able to begin negotiations to take them forward…
Norwegian offshore oil and gas producing firm Vår Energi has acquired Feistein CCS – a company specializing in maturing large-scale, cost-efficient CO2 storage opportunities, in a push to accelerate decarbonisation efforts through carbon storage…
Aker Carbon Capture announces the appointment of Egil Fagerland as its new Chief Executive Officer with effect from today, July 11, 2023. Fagerland will replace Valborg Lundegaard, who is stepping down to focus on her health and family. Fagerland…
Japanese shipping company Mitsui O.S.K Lines (MOL) 9104.T has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit (FSO) from the American Bureau of Shipping, its Chief Executive Takeshi Hashimoto said on Wednesday…
TotalEnergies, Petronas and Mitsui have signed an agreement to develop a carbon storage project in Southeast Asia. The partners plan to evaluate several CO2 storage sites in the Malay Basin, including both saline aquifers and depleted offshore fields…
In the global quest for achieving net zero emissions and slowing down global warming, carbon capture and storage (CCUS) technology has emerged as an important solution. Among the notable projects being developed in the field is the Northern…
The Northern Lights JV in Norway which is developing the world’s first open-source CO2 transport and storage infrastructure, has this week completed the installation of all 12 CO2 storage tanks at its facilities in Øygarden.The Northern Lights JV…
A major oil and gas project could convert and recycle infrastructure for carbon capture utilisation and storage (CCUS), the APPEA 2023 Conference & Exhibition in Australia was told on Thursday.ExxonMobil CCS Facilities Engineering Lead Alan…
Chevron Corp and Exxon Mobil Corp, the two largest U.S. fossil fuel companies, are seeking Australia's backing for carbon capture and storage (CCS) and hydrogen projects as they look to increase investment in a bid to slash the intensity of carbon emissions…
Australia plans to scale up its capability for offshore carbon capture and storage (CCS) and will shortly seek public feedback on a new round of greenhouse gas storage acreage, the country’s resources minister said on Tuesday.The country, one…
Petra Energy's Petra Resources subsidiary has been awarded a subcontract from Malaysia Marine and Heavy Engineering Sdn. Bhd. (“MMHE”) for Hook Up and Commissioning (HUC) Works for Kasawari Carbon Capture and Storage Project.In November 2022…
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