Decarbonization News


Norway Parliament Asks for CCS Alternative to Decarbonize Major LNG Plant

Apr 18, 2023

Norway's parliament on Tuesday told the government to consider an alternative way to cut carbon emissions at Western Europe's largest liquefied natural gas (LNG) plant, but stopped short of outright halting a controversial plan to use power from land…

Northern Lights Carbon Storage Project Advances as Construction of Specialized Ships Kicks Off

Apr 14, 2023

Construction of two ships for the Northern Lights carbon storage project in Norway started Thursday with a keel laying ceremony at the Dalian Shipbuilding Industry Co. (DSIC) yard in Dalian, China.Keel laying is a ceremonial recognition of the…

Dutch Gov't Promises Support to Shell to Cut CO2 Emissions

Apr 14, 2023

The Dutch government on Thursday said it would support oil and gas company Shell SHEL.L in its efforts to reduce its CO2 and nitrogen emissions in the Netherlands in the coming years. The government said it would look at building infrastructure…

Norway Parliament to Discuss Proposals to Stop Electrification of Major LNG Plant

Apr 13, 2023

Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country. Oil…

Harbour Energy, BP to Develop Viking CCS Project. FID Expected in 2024

Apr 11, 2023

UK-based oil and gas company Harbour Energy and oil major BP on Monday said they had agreed to develop the Viking CCS transportation and storage project in the UK.Harbour continues as operator of Viking CCS with a 60%, with BP acquiring a 40% non-operated share…

Investors Join Activists to Press TotalEnergies on Climate Targets

Apr 06, 2023

A group of investors with $1.1 trillion in assets under management has joined climate activist group Follow This in asking TotalEnergies shareholders to push for more ambitious targets on emissions cuts.The resolution filed for the company's…

Italy's Eni Involved in 5 UK Carbon Capture Projects

Apr 03, 2023

Italy's Eni said on Friday it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth 20 billion pounds ($25 billion) of government funding.The British government last Thursday said it had shortlisted…

UK Shortlists BP, Equinor Low-carbon Gas Power Project for Support

Mar 31, 2023

Britain shortlisted for state support a project by BP BP.L and Equinor to build a large-scale gas power plant with carbon capture and storage (CCS), the government's latest selection round showed on Thursday.The British government has shortlisted…

Norway Offers New Exploration Licenses for CO2 Storage in North Sea

Mar 31, 2023

The Norwegian Ministry of Petroleum and Energy on Friday offered two new exploration licenses related to CO2 storage on the Norwegian continental shelf in the North Sea.The two exploration licenses offered are located in the southern part of the North Sea…

Big Oil Splits Over Production vs Carbon Storage in Gulf of Mexico Auction

Mar 30, 2023

Exxon Mobil Corp on Wednesday bid for offshore blocks to store carbon dioxide underground during a government oil and gas lease sale in the U.S. Gulf of Mexico, while rivals Chevron Corp and BP Plc targeted areas for production.The largest U…

Investors Push Norwegian Gov't over Equinor Climate Planning

Mar 28, 2023

Investors have stepped up pressure on Norway's state-backed oil and gas company Equinor to cut its carbon emissions more quickly by holding the first direct talks with the government. The group of investors, which advise on or manage more than $2 trillion in assets…

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…

Current News

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

TotalEnergies to Talk about Namibia Oil Exploration, Share Buybacks

TotalEnergies to Talk about Namibia Oil Exploration, Share Buybacks

Why the Volatile South Caucasus is Important for Oil and Gas supplies

Why the Volatile South Caucasus is Important for Oil and Gas supplies

Japan's Mitsui, Canada's Northland to Build 1 GW Offshore Wind Farm in Taiwan

Japan's Mitsui, Canada's Northland to Build 1 GW Offshore Wind Farm in Taiwan

Subscribe for OE Digital E‑News

Offshore Engineer Magazine