"CCUS" News

Australia Aims to Scale Up Offshore CCS

May 16, 2023

Australia plans to scale up its capability for offshore carbon capture and storage (CCS) and will shortly seek public feedback on a new round of greenhouse gas storage acreage, the country’s resources minister said on Tuesday.The country, one…

Australia Aims for More Carbon Capture Projects

Apr 18, 2023

The importance of carbon capture utilisation and storage (CCUS) to reaching net zero has been highlighted in a new Australian Government report calling for more support for the technology.The policy insights paper, “Reduce, remove and store…

Spirit Energy Nets CO2 Storage License in East Irish Sea

May 19, 2023

UK-based oil and gas firm Spirit Energy is among the twelve companies that have this week been granted a carbon storage license by the UK North Sea Transition Authority (NSTA) in the East Irish Sea.'This represents a further step towards their…

Ørsted to Store 430,000 Tonnes of CO2 Emissions Annually Under Seabed in Norway

May 15, 2023

Danish renewables firm Ørsted has signed a CO2 Transport and Services Agreement (TSA) with the Norwegian Northern Lights joint venture to store 430,000 tonnes of biogenic CO2 emissions per year from two power plants in Denmark.'This agreement…

Win Up to $1 Million: ADNOC Launches Global Competition to "Reshape Energy Landscape"

May 11, 2023

Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…

ABB Provide Electrical System Automation for Petrobras' P-82 FPSO

Apr 27, 2023

Singapore's Sembcorp Marine has ordered from ABB the complete electrical system automation for the P-82 FPSO Sembcorp Marine is building for the Brazilian oil company Petrobras.The P-82 FPSO, ordered by Petrobras in October 2022,  will be one…

Japan: JX Nippon to Buy Offshore Drilling Firm JDC

Mar 16, 2023

JX Nippon Oil & Gas Exploration Corporation has to acquire the entire issued shares of the offshore drilling firm Japan Drilling Co., Ltd. (“JDC”).The company plans to complete the acquisition around the end of April of  2023.'Upon completion of the acquisition…

Accelerating the Transition to a Better Energy Future: SPE Offshore Europe 2023 Registration Open

Apr 20, 2023

Registration for the 50th-anniversary edition of SPE Offshore Europe 2023 exhibition and conference is now open, the organizers said Thursday.The free-to-attend event will be held at P&J Live, Aberdeen, from 5-8 September 2023, and themed ‘Accelerating the transition to a better energy future’…

Petronas and ExxonMobil to Pursue CCS Projects in Malaysia

Jan 27, 2023

Malaysian oil and gas company Petronas said Friday it had recently signed two agreements with U.S. major ExxonMobil to jointly pursue Carbon Capture and Storage (CCS) projects in Malaysia.Petronas and ExxonMobil have committed to defining the next steps…

PTTEP Taps Honeywell for CCS Project Offshore Thailand

Jan 20, 2023

Thai oil and gas company PTTEP has hired Honeywell as the carbon capture technology provider for the Arthit Carbon Capture and Storage Project in the Arthit Gas Field in the Gulf of Thailand. Honeywell said its Separex Membrane Technology will…

Noble Corp. Jack-up Rig Sets Off for Danish North Sea Field for Carbon Storage Pilot

Jan 20, 2023

The Noble Resolve, a jack-up rig owned by Noble Corporation, has departed the Danish port of Esbjerg and is headed for the Nini West Field in the Danish North Sea. Even though the rig is typically employed in offshore oil and gas drilling, this particular job will be different…

Samsung Heavy, MISC to Build Floating CO2 Storage Units

Jan 19, 2023

South Korea's Samsung Heavy Industries said Wednesday it had signed a memorandum of understanding with Malaysia's MISC to jointly develop floating CO2 storage units.The Floating CO2 Storage Unit (FCSU) is a new concept of offshore unit that…

Inpex Submits Revised Abadi LNG Plan with Carbon Capture and Storage Component

Apr 04, 2023

Japanese oil company Inpex has submitted a revised development plan for Abadi LNG project in Indonesia, incorporating a carbon capture and storage (CCS) component, on behalf of the INPEX-Shell joint venture.Inpex has amended the plan of development…

Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Mar 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…

ABL Group to Acquire AGR from Akastor

Mar 20, 2023

Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…

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