Decarbonization News


Noble Corp. Jack-up Rig Gearing Up for CO2 Storage Work in Denmark

Nov 21, 2022

Offshore drilling company Noble Corporation said Monday that its recently acquired Noble Resolve jack-up rig was preparing to carry out the first-ever CO2 storage under the Danish North Sea seabed as part of Project Greensand.The rig, formerly known as Maersk Resolve, which Noble acquired through the merger with Maersk Drilling, has arrived in Port Esbjerg where the equipment needed for CO2 storage will be installed onboard…

UK: ORE Catapult, NZTC Team Up to Help Power Oil & Gas Platforms with Floating Wind

11 hours ago

The UK-based Offshore Renewable Energy (ORE) Catapult and the Net Zero Technology Centre said Thursday they'd examine potential pathways for the delivery of innovative floating offshore wind technology integrated with existing energy infrastructure…

Malaysia's Petronas Greenlights CCS Project Offshore Sarawak

Nov 29, 2022

Malaysian state oil firm Petronas said on Tuesday it had decided to develop the Kasawari carbon sequestration project in offshore Sarawak as part of the final investment decision (FID) on the venture. Petronas said the project - located in Block SK316 off Bintulu town - is expected to reduce 3…

Biden Unveils Investments in Indonesia Carbon Capture, Transport

Nov 14, 2022

U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil and state-owned energy company Pertamina on carbon capture…

Japan's JOGMEC Renamed in Shift to National Decarbonisation Role

Nov 14, 2022

State-owned Japan Oil, Gas and Metals National Corp (JOGMEC) said on Monday it has been renamed Japan Organization for Metals and Energy Security and will provide equity investment to back the production and storage of hydrogen and ammonia. The…

Drilling Completed at Northern Lights CO2 Storage Project Offshore Norway

Nov 10, 2022

Drilling operations have been completed at the Northern Lights project in the Norwegian part of the North Sea for a CO2 injection well and a contingent injection well within CO2 storage license EL001.Northern Lights partners said Thursday that…

Chevron, Japan's MOL to Study CO2 Transportation from Singapore to Subsea Storage in Australia

Nov 10, 2022

Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide from Singapore to permanent storage locations offshore Australia. Chevron New Energies International Pte…

Iberdrola to Invest $47B in Energy Transition in 2023-25. Nearly Half Of It in Offshore Wind

Nov 09, 2022

Spain's Iberdrola plans to invest 47 billion euros ($47 billion) in its electricity networks, renewable energy production and customer businesses in 2023-2025 alongside an expected rise in profits, it said on Wednesday. Iberdrola is pushing…

Small Island Nations Want Big Oil to Pay Up for Climate Damage

Nov 08, 2022

Small island nations suffering the brunt of climate change want Big Oil to pay for mounting damage from ocean storms and sea-level rise, Antigua's prime minister told delegates at the COP27 climate summit in Egypt on Tuesday. The comments by…

Equinor, Hitachi Energy in Collab to Accelerate Energy Transition

Nov 08, 2022

Norway's Equinor and Japan's Hitachi Energy have signed a deal to collaborate within electrification, renewable power generation and low-carbon initiatives globally.One of the first things the two companies will work on together is creating…

Offshore Engineer's ADIPEC Q&A with Kelvin CEO Peter Harding

Nov 07, 2022

Offshore Engineer's Gary Lewis was at ADIPEC in Abu Dhabi last week, where he interviewed Peter Harding, the founder and CEO of Kelvin, a collaborative control software company that says it helps its clients reduce their carbon emissions significantly…

Shell to Jointly study East China Carbon Project with Sinopec, Baowu and BASF

Nov 04, 2022

Shell said on Friday it signed an agreement with Chinese state refiner Sinopec and steel group Baowu as well as German chemical giant BASF to study a carbon capture, utilisation and storage project (CCUS) in East China. Parties intend to conduct…

Woodmac: Offshore CCS Could Give New Lease of Life to U.S. Gulf of Mexico

Nov 03, 2022

Offshore carbon capture and storage (CCS) projects in the US Gulf of Mexico could play an influential role in the country's goal of reducing greenhouse gas emissions, the energy intelligence group Wood Mackenzie said Thursday.According to Woodmac…

Norway Designates North Sea Area for CO2 Storage

Nov 02, 2022

The Norwegian Ministry of Petroleum and Energy on Wednesday announced a North Sea area for applications for injection and storage of CO2 on the Norwegian continental shelf.This is the fourth time acreage is being announced for CO2 storage on the Norwegian Continental Shelf…

'Carbon Free' Platfom Supply Vessel Firm Launched in Norway

Nov 01, 2022

Norway-based company Amon Maritime has launched Amon Offshore - a new company focused on the offshore oil and gas market – with plans to operate carbon-free platform supply vessels. The ship has already received approval in principle from DNV…

Current News

TotalEnergies to Cut UK North Sea Spending by 25% after Windfall Tax

TotalEnergies to Cut UK North Sea Spending by 25% after Windfall Tax

EnCap Backs Houston-based Firm to Build Jones Act WTIVs

EnCap Backs Houston-based Firm to Build Jones Act WTIVs

Siemens Gamesa Loses UK Patent Dispute over GE Offshore Wind Turbines

Siemens Gamesa Loses UK Patent Dispute over GE Offshore Wind Turbines

Construction of Shell's Penguins FPSO Completed in China

Construction of Shell's Penguins FPSO Completed in China

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