Decarbonization News


OKEA Step Closer to Powering Draugen Offshore Platform from Shore

Dec 15, 2022

Norwegian offshore energy engineering and construction company Aker Solutions has signed a Letter of Intent (LOI) with the oil firm OKEA for the electrification of OKEA's Draugen offshore platform.  The Draugen oil field sits in about 250 meters of water…

UK: 19 Applications Made for INTOG Offshore Wind Leasing Process

Dec 13, 2022

Crown Estate Scotland said on Tuesday that a total of 19 applications have been made for its Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process, aimed at cutting emissions from offshore oil and gas platforms in the UK North Sea…

BCG, ABS Team Up to Decarbonize Maritime & Offshore Industries

Dec 08, 2022

Boston Consulting Group (BCG) a consultancy and advisor on decarbonization to the maritime industry, and maritime classification society American Bureau of Shipping (ABS), have signed a memorandum of understanding to combine their technical…

Wintershall Dea Expands Carbon Capture and Storage in Denmark

Dec 02, 2022

German oil and gas producer Wintershall Dea said on Thursday it was teaming up with other companies to expand carbon capture and storage activities around a hub near Hirtshals on Denmark's northern North Sea coast.The hub will be linked to the Danish Greensand CCS project…

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

Dec 01, 2022

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…

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…

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…

Current News

Aqua Helix Gets Two-year Contract Offshore Brazil

Aqua Helix Gets Two-year Contract Offshore Brazil

Portugal's First Offshore Wind Auction Set for 3Q as German, Nordic Firms Show Interest

Portugal's First Offshore Wind Auction Set for 3Q as German, Nordic Firms Show Interest

Canada's CNLOPB Licenses Equinor's Significant Offshore Oil Discovery

Canada's CNLOPB Licenses Equinor's Significant Offshore Oil Discovery

Veritas Capital Completes Wood Mackenzie Buy

Veritas Capital Completes Wood Mackenzie Buy

Subscribe for OE Digital E‑News

Offshore Engineer Magazine