Decarbonization News

 

Wintershall Dea Awarded License to Store CO2 Under UK North Sea Seabed

Aug 15, 2023

German oil and gas company Wintershall Dea has been awarded a new license - the Camelot - by the UK North Sea Transition Authority (NSTA) to store CO2 under the seabed. The license is for the Camelot area, which is a combination of depleted gas fields and an overlying saline aquifer…

Denmark Postpones Offshore CO2 Storage License Tender

Aug 14, 2023

The Danish Energy Agency has postponed the second tender round for offshore licenses for the exploration and use of the subsoil for the geological storage of CO2 in the North Sea.The tender was set to open on August 15th 2023 according to the executive order on CO2 storage license tenders…

Reygar's Tech Helps HST Marine's Hybrid CTVs to Lower Emissions and Boost Efficiency

Aug 09, 2023

Swansea-based HST Marine, a Purus Wind company, is using Reygar’s BareFLEET technology to understand and report on the performance of its hybrid Crew Transfer Vessels (CTVs), and reduce emissions.The company currently has four hybrid CTVs in operation with three more soon to enter service…

Norway Approves Connection of Western Europe's Largest LNG Plant to Grid

Aug 08, 2023

Norway has approved a plan to connect Equinor's EQNR.OL Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.The plan includes shutting down a gas power plant…

Norway's Petoro Warns It is Harder to Electrify Oil, Gas Platforms

Aug 02, 2023

Norwegian state energy firm Petoro said it was becoming harder to tie oil and gas platforms to the electricity grid as planned, as it reported a 34% drop in profit for the second quarter on Wednesday due to petroleum prices falling sharply.Petoro…

What is Carbon Capture and Storage and Will It Cut Emissions?

Aug 01, 2023

The UK government on Monday reaffirmed its support for projects to capture and store carbon dioxide emissions as part of its efforts to reach net zero goals and said two more projects would be able to begin negotiations to take them forward…

Tackle Demand, Not Supply, to Cut Emissions, Oil Bosses Say

Jul 06, 2023

The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather than pressuring producers to curb supply, which they say serves only to increase prices.Some western governments…

Oil Industry Should Set Carbon Targets at COP28 -TotalEnergies CEO

Jul 06, 2023

The world's oil and gas companies should set targets to cut greenhouse gas emissions by 2030 at the upcoming COP28 global climate conference, the CEO of France's TotalEnergies Patrick Pouyanne said on Wednesday.'If we can bring something to COP28 as an oil and gas industry…

Mitsui OSK Gets AiP for Liquefied CO2 Vessel, Floating Storage Unit

Jun 28, 2023

Japanese shipping company Mitsui O.S.K Lines (MOL) 9104.T has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit (FSO) from the American Bureau of Shipping, its Chief Executive Takeshi Hashimoto said on Wednesday…

Italian Cable Giant Ups Emission Reduction Targets for the Near Term

Jun 28, 2023

Italy's Prysmian has adopted a net zero carbon target by 2050 and slightly upped its emission reduction targets for the near term, the world's largest cable maker said on Wednesday.Prysmian - which supplies cables for industries including high voltage power transmission…

Linjepartner to Deliver Overhead Power Lines for Aker BP's Power from Shore Project

Jun 27, 2023

Norway's Linjepartner has been selected as a partner for the delivery of overhead lines in Aker BP's Yggdrasil power from shore project. Yggdrasil is an offshore oil development in the North Sea, off Norway.According to a press release issued Tuesday…

Pilot Energy and KNCC Partner to Store CO2 Offshore Australia

Jun 15, 2023

Australian oil and gas company Pilot Energy and Norway's Knutsen NYK Carbon Carriers (KNCC) have entered into a memorandum of understanding to collaborate on offering an integrated solution for marine transportation and offshore injection of CO2 at the Cliff Head CCS Project…

Offshore Carbon Storage Project in Danish North Sea Receives Safety Approval from DNV

Jun 14, 2023

The offshore carbon storage project in the Danish North Sea, called Project Greensand, has received official safety approval from DNV.'The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change…

Northern Lights Installs 12 CO2 Storage Tanks in Øygarden

Jun 02, 2023

The Northern Lights JV in Norway which is developing the world’s first open-source CO2 transport and storage infrastructure, has this week completed the installation of all 12 CO2 storage tanks at its facilities in Øygarden.The Northern Lights JV…

RINA and Eni Set Sail on a Journey to Decarbonize Maritime Operations

May 29, 2023

RINA, an international company specializing in inspection, certification, and engineering consultancy, and Italian energy company Eni have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonization…

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