"CCUS" News

UK Offshore Wind and CCS Colocation Projects Underway

Nov 27, 2023

The UK Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum, set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects. The projects are designed…

To Meet 2050 CCUS Demand, 100 North Sea Storage Sites Needed, Xodus Says

Nov 24, 2023

The volume of CO2 being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, according to a new report from global energy consultancy Xodus.That scale of carbon capture, utilization and storage (CCUS) will require some 100 reservoirs…

Carbon Capture and Storage Hopes are Pipe Dreams, for Now - Russell

Nov 23, 2023

Carbon capture and underground storage (CCUS) is touted by proponents of fossil fuel production and consumption as the technology that will keep oil and gas in the global energy mix. It is, and at the same time, it isn't.The International Energy…

Burrows Tapped to Lead DNV CCUS Unit

Dec 05, 2023

DNV appointed Jamie Burrows to head its Energy Systems business area’s Carbon Capture, Utilization, and Storage (CCUS) unit. The appointment comes as a response to growing demand from these fossil fuels-reliant industries to reduce their CO2 emissions…

UK Offshore Well Decommissioning Firm Eyes CCUS and Geothermal Projects with New Appointment

Oct 17, 2023

UK-based offshore well decommissioning specialist Well-Safe Solutions is looking to expand its capabilities and venture into the carbon capture, usage and storage (CCUS) and geothermal sectors too.To help facilitate this scope expansion, Well…

CO2 Capture Technology Ready for New Offshore Frontiers

Jan 02, 2024

If the industry has been capturing CO2 for decades, why all the innovation now?CO2 capture technology has been used for around a century in natural gas processing plants to separate out the commercially valuable methane. In the 1970s, that CO2 found purpose in advanced oil recovery…

Report: New Gas Supply Needed in All Australian Net Zero Pathways

Nov 26, 2023

Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.EY was commissioned…

Eni, Snam Set Ambitions for Italy's First Carbon Storage Hub

Sep 04, 2023

Carbon capture and storage (CCS) technology is key to ensuring the survival and competitiveness in Italy of industries including steel, cement and chemicals, energy group Eni and gas grid operator Snam said on Friday.The two groups joined forces…

Australia Announces 2023 Offshore GHG Storage Acreage Release

Aug 29, 2023

The Australian government has announced that 10 acreage release areas are available for bidding to explore offshore greenhouse gas storage locations.The areas are offshore of Western Australia, Victoria and Tasmania across seven basins: Bonaparte…

Indonesia Moves Ahead with CCS Talks with US Oil Majors, Eyes Petrochemical Project

Nov 14, 2023

Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp. are moving ahead with their discussions to invest in carbon capture facilities, while Exxon eyes a petrochemical project in the country.Pertamina and…

Well-Safe Solutions Adds Appleton Field Well to Well-Safe Defender's P&A Scope

Nov 09, 2023

UK-based offshore well decommissioning specialist Well-Safe Solutions has signed a contract with Spirit Energy to add a well from the Appleton field in the UK North Sea to the existing scope of the Well-Safe Defender semi-submersible plugging and abandonment rig…

Dutch Court Rules Huge Carbon Capture Project Can Go Ahead

Aug 17, 2023

The Netherlands' highest court on Wednesday ruled that construction of a major carbon capture project in the Rotterdam port area can go ahead, despite objections by environmental activists.The planned 'Porthos' project would be Europe's largest carbon capture…

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…

SLB Introduces Carbon Storage Location Screening Tool

Oct 02, 2023

SLB has launched a carbon storage screening and ranking solution that increases confidence in site selection decisions based on scientific analysis of the long-term integrity and economic potential of an asset.The solution helps customers avoid…

AUV Specialist Argeo Partners Up With Marine Seismic Giant Shearwater GeoServices

Sep 27, 2023

Argeo, a provider of robotic and digital solutions for the ocean space, and Shearwater GeoServices, a global provider of geophysical marine seismic acquisition and processing services, have entered a strategic alliance for innovating and pioneering…

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