Decarbonization News

 

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…

ABB's Shaft Generator System for Northern Lights CO2 Carriers

Oct 31, 2022

ABB will deliver the shaft generator system with permanent magnet technology for the first dedicated CO2-storage vessels ever to be built. The vessels will be constructed by the Chinese shipbuilder Dalian Shipbuilding Industry Company (DSIC)…

ADNOC CEO Says World Needs Maximum Energy, Minimum Emissions

Oct 31, 2022

Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber said on Monday that zeroing out hydrocarbon investment due to natural decline could lead to a loss of 5 million barrels of oil per day a year from current supplies. 'The data is clear…

Magseis Fairfield, Fugro in Renewables, CCS Collab

Oct 25, 2022

The ocean bottom node seismic services provider Magseis Fairfield has signed a collaboration deal agreement with Dutch geotechnical services company Fugro.Under the agreement, the duo will work together on project opportunities, including wide…

DNV Greenlights Aker Carbon Capture's Offshore Carbon Capture Tech

Oct 25, 2022

DNV, the independent expert in assurance and risk management, has qualified Aker Carbon Capture's Just Catch Offshore modularized carbon capture facility for offshore installations.According to Aker Carbon Capture, the solution is now ready…

DNV Partners with Energy Companies in Three Energy Transition Safety JIPs

Oct 24, 2022

DNV, the independent expert in assurance and risk management, has partnered up working with energy companies in three energy transition safety joint industry projects.'The energy transition depends on several technologies with potential hazardous characteristics…

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