Europe will require a dedicated fleet of around 65 CO2 carriers and a network of 33 ports by 2050 to support the large-scale deployment of carbon capture, utilization and storage (CCUS), according to a new study led by energy consultancy Xodus…
Eni and Global Infrastructure Partners, a part of BlackRock and strategic partner in Eni CCUS Holding, said the company has secured a financing facility of more than $670 million (£500 million) to support its carbon capture and storage project platform…
Carbon capture and storage (CCS) has moved beyond theoretical climate modelling into the realm of infrastructure planning, capital allocation, and regulatory design. DNV’s latest Energy Transition Outlook for CCS characterizes 2025 as a critical year…
Offshore services company OEG has secured a long-term multi-million-dollar contract extension with a global operator to support offshore drilling operations in Australia’s Bass Strait through the expected end of field life in 2036.The agreement…
The European Union has awarded funding to support the development of carbon capture, utilization and storage (CCUS) in the Øresund region, backing a cross-border project aimed at accelerating renewable energy use and enabling the production of sustainable fuels…
Researchers from the Technical University of Denmark have highlighted that taking a comprehensive view of the chemical composition of potential fluids leaking from geological CO2 storage reservoirs raises new questions about the potential risks…
Italy’s Eni has completed the sale of a 49.99% equity stake in its carbon capture and storage (CCS) business, Eni CCUS Holding, to Global Infrastructure Partners (GIP), infrastructure investor owned by BlackRock.GIP will jointly control the…
Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…
Petronas CCS Ventures, a wholly owned subsidiary of Malaysia’s state energy company Petronas, has received the country’s first offshore assessment permit for carbon capture and storage (CCS) in the Duyong area.The permit, issued by Malaysia Carbon Capture…
Eni celebrated the thirtieth anniversary of its listing in the US market at the New York Stock Exchange (NYSE) on November 10, attended by the Chief Executive Officer Claudio Descalzi and Eni's top management.During the event, Eni's CEO updated…
ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL).Tailored to the growing demands of the global carbon capture…
Energy and marine consultancy ABL, a subsidiary of ABL Group, has been awarded a contract to provide marine warranty survey (MWS) services to BP’s Tangguh UCC project in Indonesia.The Tangguh UCC Project comprises Ubadari field development, enhanced gas recovery through carbon capture…
Eni has entered exclusive talks to sell a 49.99% stake in its carbon capture, utilisation and storage (CCUS) business to BlackRock's infrastructure fund GIP, the Italian energy group said on Tuesday.The move is part of Eni's broader strategy…
The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…
Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra Engineers & Constructors, PT Tripatra Engineering, and PT McDermott Indonesia, has received formal notification of the…
Subscribe
