Carbon Storage News

 

Polish Firm to Become Operator of Barents Sea CO2 Storage License

Sep 06, 2023

Norwegian carbon storage specialist Horisont Energi and the oil and gas firm PGNiG Upstream Norway (PUN), part of Poland-based ORLEN Group, have signed a Letter of Intent (LoI) whereby PUN aims to enter as partner and operator in the only CO2 licence in the Barents Sea - Polaris. The CO2 exploration licence EXL003, with the project name Polaris Licence, is currently fully controlled by Horisont Energi…

Petronas and JERA Team Up on Japan-Malaysia CCS Scheme

Apr 02, 2024

Malaysia’s state-owned energy company Petronas and Japan’s largest power generation company JERA have signed a joint study agreement to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain between Japan and Malaysia…

To Meet 2050 CCUS Demand, 100 North Sea Storage Sites Needed, Xodus Says

Nov 24, 2023

The volume of CO2 being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, according to a new report from global energy consultancy Xodus.That scale of carbon capture, utilization and storage (CCUS) will require some 100 reservoirs…

Aker BP, OMV Complete 3D Seismic Survey Over CO2 Storage License Offshore Norway

Oct 18, 2023

Norwegian oil and gas company Aker BP, and its Austrian partner OMV, have completed the acquisition of a 3D seismic survey over the Poseidon CCS license area (licence EXL005) in the Norwegian North Sea, OMV said Wednesday.The Poseidon CCS license…

CGG Releases Gulf of Mexico Carbon Storage Study

Oct 03, 2023

French seismic data specialist CGG has announced the delivery of the eastern phase of its GeoVerse Carbon Storage Gulf of Mexico Study and the start of the westward extension of the study. Both phases of the project, supported by industry funding…

Carbonvert, Castex Energy Execute Deal for Operation of Louisiana's First Offshore CO2 Storage Hub

Sep 20, 2023

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”)…

Italy's Eni Wins Second UK Offshore Carbon Storage Licence

Sep 15, 2023

Italian energy group Eni has won a second carbon dioxide storage licence in Britain, the company said on Friday. The new licence is for the depleted Hewett gas field located 20 kilometers (12.4 miles) offshore Bacton, in the southern North Sea sector of Britain…

14 Companies Secure Licenses for Carbon Storage in the UK North Sea

Sep 15, 2023

Following the UK's first-ever carbon storage licensing process, the North Sea Transition Authority (NSTA) on Friday released the list of firms that had accepted licenses.A total of 14 companies have been awarded 21 licences in depleted oil and…

Norway Awards CO2 Storage License in North Sea

Aug 18, 2023

The Norwegian Ministry of Petroleum and Energy awarded one CO2 storage license in the North Sea to Sval Energi AS, Storegga Norge AS, and Neptune Energy Norge AS.'Carbon capture and storage of large amounts of CO2 is important to reach our climate…

Carbon Storage: Vår Energi Acquires Feistein CCS

Jul 11, 2023

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…

Mitsui OSK Gets AiP for Liquefied CO2 Vessel, Floating Storage Unit

Jun 28, 2023

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…

Synergia and Wintershall Dea Secure UK North Sea Carbon Storage License for Medway Hub CCS Project

Jun 27, 2023

Synergia Energy Ltd. said Tuesday that the North Sea Transition Authority ('NSTA') had confirmed that the Camelot carbon storage license application made by Synergia had been successful. The license application was made jointly with Synergia's 50:50 partner…

TotalEnergies, Petronas, and Mitsui Team Up to Develop Offshore Carbon Storage in Southeast Asia

Jun 27, 2023

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…

Pilot Energy and KNCC Partner to Store CO2 Offshore Australia

Jun 15, 2023

Australian oil and gas company Pilot Energy and Norway's Knutsen NYK Carbon Carriers (KNCC) have entered into a memorandum of understanding to collaborate on offering an integrated solution for marine transportation and offshore injection of CO2 at the Cliff Head CCS Project…

Offshore Carbon Storage Project in Danish North Sea Receives Safety Approval from DNV

Jun 14, 2023

The offshore carbon storage project in the Danish North Sea, called Project Greensand, has received official safety approval from DNV.'The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change…

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