U.S. oil companies Chevron and Talos and carbon capture & storage project development & finance company Carbonvert have signed a memorandum of understanding (“MOU”) for an expanded joint venture to develop the Bayou Bend CCS offshore carbon…
Shearwater GeoServices has said it has won a 3D geophysical survey with Eni with an option for a second survey, for a carbon storage project in Liverpool Bay, England.“We are delighted to conduct this survey work for Eni, advancing UK carbon storage by deploying towed streamer…
A trio of new low-carbon technologies could create 26,000 new UK energy jobs by 2030, according to Robert Gordon University research commissioned by Offshore Energies UK (OEUK).Many of the new jobs would be in coastal communities stretching around the UK…
Norwegian oil and gas company Vår Energi has together with its partners Equinor (operator) and Horisont Energi, been awarded the Polaris CO2 storage license in the Barents Sea,The Polaris CO2 storage reservoir is located in the Barents Sea, ca 100 km off the coast of Finnmark…
A consortium of Aker Solutions, Siemens Energy and Doosan Babcock has been awarded the front-end engineering and design (FEED) contract for SSE Thermal and Equinor’s proposed Keadby 3 Carbon Capture Power Station, which could become the UK’s first power station with carbon capture and storage…
Marine seismic survey firm Shearwater GeoServices has won a contract in the UK related to a carbon capture and storage project.The project, awarded by BP on behalf of the Northern Endurance Partnership (NEP), is for geophysical data processing and imaging to advance the East Coast Cluster…
Reimagining uses for innovative technologies originally designed for critical service in subsea developments could open the door to safer CO2 storage and usage.The energy transition occurring worldwide is redefining energy production and consumption…
With increasing pressure on the oil and gas industry to cut its emissions footprint, Neptune Energy said it aims to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030.According to the company…
Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…
McDermott International has said it has joined a group of industry experts focused on unlocking the potential for a hydrogen-led energy hub located at Bacton, Norfolk, UK. The UK North Sea Transition Authority (NSTA), previously known as the Oil and Gas Authority…
Oil and gas production has started from FPSO Guanabara offshore Brazil, the first definitive production system installed in the Petrobras-operated Mero field, in the Santos Basin pre-salt. Three more FPSOs are planned for deployment at the Mero field…
Oil demand could peak as soon as 2025, as the energy transition continues to gain steam and as electric vehicle adoption increases, McKinsey & Company said in a new report.Christer Tryggestad, a Senior Partner at McKinsey, says: “In the past few years…
British oil major BP, the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) has awarded Genesis the NEP offshore FEED.In October 2021, the UK government selected the Northern Endurance Partnership’s…
Shell and Uniper have signed a collaboration deal to progress plans for the production of low-carbon blue hydrogen at Uniper’s Killingholme power station site in North Lincolnshire, UK, that could be used to decarbonize industry, transport and power in the region…
The U.S. National Ocean Industries Association (NOIA) on Wednesday released the policy paper, Carbon Capture, Use, & Storage: An Economic, Employment, & Climate Opportunity for the U.S Offshore Region, where it says that while the U.S. Gulf…
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