Co2 Storage News

 

Netherlands' First Major CO2 Transport & Storage System Set for 2026 Launch

Oct 18, 2023

The final investment decision has been reached for Porthos, a major carbon transportation and storage project in the Netherlands.Porthos is a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority. Porthos will provide transport and storage services to several companies in the port of Rotterdam, including Air Liquide, Air Products, ExxonMobil, and Shell. These companies will invest in their own capture installations to supply CO2 to Porthos…

Samsung Heavy Industries’ FCSU Design Earns Approval from Bureau Veritas

Oct 01, 2024

South Korean shipbuilder Samsung Heavy Industries (SHI) has been awarded an approval in principle (AIP) for its Floating CO2 Storage Unit (FCSU) design from classification society Bureau Veritas (BV).The AIP certificate was presented to Haeki Jang…

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…

Petronas, ADNOC, Storegga Target 5M tons per year of Carbon Capture

Aug 20, 2024

Malaysia's Petroliam Nasional (Petronas) will collaborate with Abu Dhabi National Oil Company (ADNOC) and U.K.-based Storegga to evaluate carbon dioxide emissions storage in Malaysia, the companies said on Tuesday.The three companies have signed…

Equinor Awarded CO2 Storage licenses in North Sea

Jun 20, 2024

Equinor has been awarded the operatorship for the development of two new CO2 storages in the North Sea along with a 100% share for the two licenses, Albondigas and Kinno.The new licenses are each expected to have the capacity to store around 5 million tons of CO2 per year when in operation…

Norway Gives Six Companies Carbon Storage Licenses in North Sea

Jun 20, 2024

Norwegian Ministry of Energy has offered four new exploration licenses for CO2 storage on the Norwegian continental shelf to Equinor, Vår Energi, OMV (Norge), Lime Petroleum, Aker BP and PGNIG Upstream Norway.All four offered licenses are in the North Sea…

AGR Gets Offshore CO2 Storage Job in North Sea

May 13, 2024

Altera Infrastructure has appointed AGR, part of ABL Group, to conduct an independent third-party storage evaluation of the Havstjerne CO2 storage license offshore Norway.In late March 2023, the Norwegian Ministry of Energy awarded Altera Infrastructure…

CGG and Baker Hughes Form CCS Alliance

May 08, 2024

French marine seismic firm CGG has signed a memorandum of understanding (MoU) with U.S. energy services giant Baker Hughes to facilitate the parties exploring jointly offered carbon capture and storage (CCS) solutions.The collaboration and proposed…

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…

TotalEnergies Gets Share of Bayou Bend CCS Project in United States

Mar 18, 2024

TotalEnergies has signed an agreement to acquire Talos Low Carbon Solutions (TLCS), securing 25% of its share in the Bayou Bend carbon capture and storage (CCS) project in the United States.After the completion of the transaction, TotalEnergies will own a 25% share in the Bayou Bend project…

Norwegian Petroleum Directorate Changes Name

Jan 02, 2024

On January 1, the Norwegian Petroleum Directorate changed its name to the Norwegian Offshore Directorate.The Norwegian Offshore Directorate's primary objective is to contribute to the greatest possible values for society from the oil and gas…

Drilling Roundup: New Contracts and New Carbon Storage Activity

Dec 05, 2023

Esgian has published its Week 48 Rig Market Roundup highlighting that new contract awards were revealed for a Velesto Drilling jackup, two Seadrill drillships and a Dolphin Drilling semisub. Meanwhile, Wintershall Dea is planning to drill a new carbon storage well in Norway…

Japanese Firms, Petronas to Set up CO2 Storage Off Malaysia by 2028 End

Nov 20, 2023

Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas, which should start holding its first carbon dioxide (CO2) emissions from the end of 2028, Japan Petroleum Exploration Co said on Monday…

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…

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