Decarbonization News

 

Crown Estate Scotland Selects 13 Offshore Wind Projects to Decarbonize Oil Platforms

Mar 24, 2023

Crown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to supply offshore oil and gas platforms directly.  Thirteen projects have been offered exclusivity agreements.INTOG (Innovation…

DNV Study Highlights Importance and Potential of Offshore Hydrogen Production in Europe

Mar 16, 2023

Offshore hydrogen production is paramount to meet the substantial increase expected in European hydrogen demand, as hydrogen is due to play a significant role as a low-carbon energy carrier – not only to decarbonize hard-to-abate sectors, but also to boost security of energy supply in Europe…

Louisiana's Request to Oversee Carbon Storage Projects Moving Ahead, EPA says

Mar 16, 2023

The U.S. Environmental Protection Agency (EPA) by May should complete a review of Louisiana's request to take on oversight of carbon capture projects, according to a letter to the state, which wants to speed up approvals.Louisiana is seeking to permit and monitor so-called Class VI wells…

Offshore Charging and Electric Foiling Vessels to Cut Emissions from Offshore Wind Operations

Mar 15, 2023

The UK-based Offshore Renewable Energy (ORE) Catapult is driving forward decarbonization in the maritime industry after winning two projects in the Clean Maritime Demonstration Competition (CMDC) round 2, funded by the Department for Transport…

Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Mar 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…

Project Greensand: First CO2 Injected in Depleted Oil Field in Danish North Sea

Mar 08, 2023

Denmark's Crown Prince Frederik inaugurated on Wednesday what has been described as 'a world first' with the injection of carbon dioxide into a depleted oil field in the Danish North Sea as part of Project Greensand.The CO2 was captured at an INEOS Oxide site in Belgium…

Chevron, Jera in CCS MoU

Mar 08, 2023

Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA Co. have signed a Memorandum of Understanding (MOU) for collaboration on carbon capture and storage (CCS) projects located in the United States and Australia. 'This MOU has the…

FACTBOX - Carbon Capture and Storage Projects Across Europe

Mar 07, 2023

Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground storage have gained steam across Europe over the past few years as countries seek to meet their climate goals.The interest in carbon capture and storage…

The Crown Estate and Crown Estate Scotland Survey Industry on Carbon Capture Utilisation and Storage

Mar 07, 2023

The Crown Estate and Crown Estate Scotland have started the first round of formal engagement with developers on Carbon Capture Utilisation and Storage (CCUS). The two organizations, one responsible for the seabed around England, Wales, and Northern Ireland…

Chevron, Talos Energy Triple Size of Planned Texas Carbon Hub

Mar 07, 2023

Oil producers Chevron Corp and Talos Energy Inc on Monday said they have tripled the size of a proposed carbon capture and storage hub for the Gulf Coast.Their joint venture, which includes Carbonvert Inc, plans to collect and bury greenhouse gases from clients in the petrochemical…

Petrobras Must Prepare for 'Unavoidable' Energy Transition, CEO says

Mar 02, 2023

The chief executive of Brazilian state-run oil company Petrobras said on Thursday the company must prepare for an 'unavoidable' energy transition and wants to play a leading role in it. Jean Paul Prates highlighted in a conference call with…

DNV, Partners Launch JIP to Assess Offshore Wind Installation Emissions

Feb 27, 2023

The maritime classification society DNV has, with its partners, launched a joint industry program to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector. The partners of the JIP called EMRED…

Sval Partners with Storegga and Neptune for Trudvang Offshore CO2 Storage Project

Feb 27, 2023

The Norwegian oil and gas company Sval, with its partners Storegga and Neptune, has applied for a CO2 storage license in the Norwegian North Sea. The project, called Trudvang, has the potential to store up to 225 million tons of CO2.The application…

RWE, CapeOmega, Neptune Energy to Explore Shipping CO2 to Offshore Storage

Feb 22, 2023

CapeOmega and Neptune Energy on Wednesday announced NoordKaap, a project concept for a cross-border CO₂ storage solution for industrial emitters across Europe.  According to Neptune Energy, NoordKaap would involve transporting CO2 via vessels…

Horisont Energi, Neptune Energy, and E.ON Sign MoU for European CCS Value Chain

Feb 20, 2023

The Norwegian low-carbon tech firm Horisont Energi, working to develop CCS project offshore Norway, and the oil and gas company Neptune Energy have signed a memorandum of understanding (MoU) with the energy major E.ON with the aim of developing a European CCS value chain…

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