Decarbonization News

 

ADNOC Earmarks $15B for Decarbonization Push

Jan 05, 2023

The Abu Dhabi National Oil Company (ADNOC) said Thursday it had allocated $15 billion (AED55 billion) to advance an array of decarbonization projects across its diversified value chain by 2030. These projects will include investments in clean power…

Equinor, RWE Partner on Major Hydrogen Projects

Jan 05, 2023

The Norwegian energy company Equinor has signed a strategic partnership with Germany's RWE that involves 'large scale projects that will contribute to the European energy supply as well as to the ramp-up of the hydrogen economy in Germany and the EU…

Baker Hughes' Equipment for 'World's Largest' Offshore CCS Project

Jan 03, 2023

Oilfield services firm Baker Hughes has won a contract with Malaysia Marine and Heavy Engineering (MMHE) to supply carbon dioxide (CO2) compression equipment to Petronas Carigali's Kasawari offshore carbon capture and sequestration (CCS) project in Sarawak…

CNOOC Launches Power from Shore Bohai Bay Project. Starts Production from Offshore Oil Field

Dec 27, 2022

Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project…

Equinor Submits Plan for Snøhvit Future Project. Power From Shore, Onshore Compression for Hammerfest LNG

Dec 20, 2022

Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, on Tuesday submitted a plan for development and operation (PDO) of Snøhvit Future to the Norwegian Minister of Petroleum and Energy…

Norway and France in Carbon Capture and Storage Collaboration

Dec 20, 2022

Norway and France have signed a letter of intent to promote cooperation on the development and deployment of carbon capture and storage (CCS) as a way to help prevent global warming, the Norwegian energy ministry said on Monday. Major oil and…

"K" Line to Operate Northern Lights' Liquefied CO2 Ships

Dec 19, 2022

Northern Lights, a carbon capture and storage joint venture between TotalEnergies, Shell, and Equinor, has signed an agreement under which Japan's 'K' Line will operate Northern Lights' first two 7,500 m3 liquefied CO2 ships. The ships will be delivered in 2024…

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…

Current News

RWE and NBIM Complete Offshore Wind Transaction

RWE and NBIM Complete Offshore

TotalEnergies and Shell Exchange Lipa and Gato do Mato Stakes

TotalEnergies and Shell Exchan

Solstad AHTS Vessels Get Clearance for Work Offshore Brazil

Solstad AHTS Vessels Get Clear

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Aker Solutions, PTAS JV Hooks

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