Subsea Storage News

 

Northern Lights JV in Yara CO2 Subsea Storage Deal

Aug 29, 2022

Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertilizer maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture, founded by oil companies Equinor, TotalEnergies, and Shell, plans to inject CO2 from industrial plants into rock formations beneath the North Sea ocean floor…

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…

Scottish Project Harnesses Wave Power and Subsea Storage to Power Subsea Equipment

Mar 06, 2023

A project to power subsea equipment with wave power and subsea energy storage has taken to the seas in the north of Scotland.The £2 million demonstrator project, called Renewables for Subsea Power (RSP), has connected Mocean Energy's Blue X wave energy converter – Verlume's Halo underwater battery…

Norway and France in Carbon Capture and Storage Collaboration

Dec 20, 2022

Norway and France have signed a letter of intent to promote cooperation on the development and deployment of carbon capture and storage (CCS) as a way to help prevent global warming, the Norwegian energy ministry said on Monday. Major oil and…

MTN Lands 45,000km Subsea Cable in S. Africa to Boost Africa's Connectivity

Dec 13, 2022

MTN South Africa and MTN GlobalConnect, in partnership with a consortium, have landed a 45,000-kilometer subsea cable in South Africa, part of plans to build a subsea network to connect African countries to Europe and the Middle East.Africa's…

BCG, ABS Team Up to Decarbonize Maritime & Offshore Industries

Dec 08, 2022

Boston Consulting Group (BCG) a consultancy and advisor on decarbonization to the maritime industry, and maritime classification society American Bureau of Shipping (ABS), have signed a memorandum of understanding to combine their technical…

Indonesia's Pertamina to Explore Green Hydrogen Projects with Keppel, Chevron

Nov 11, 2022

Indonesia's state-owned energy firm Pertamina will explore the development of green hydrogen and ammonia projects in the country, along with Singapore-based Keppel Infrastructure and global oil major Chevron as part of a joint study agreement signed on Thursday…

Chevron, Japan's MOL to Study CO2 Transportation from Singapore to Subsea Storage in Australia

Nov 10, 2022

Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide from Singapore to permanent storage locations offshore Australia. Chevron New Energies International Pte…

ABB's Shaft Generator System for Northern Lights CO2 Carriers

Oct 31, 2022

ABB will deliver the shaft generator system with permanent magnet technology for the first dedicated CO2-storage vessels ever to be built. The vessels will be constructed by the Chinese shipbuilder Dalian Shipbuilding Industry Company (DSIC)…

New Energy Saving System for Subsea 7's Seven Arctic Vessel

Oct 05, 2022

Offshore installation services company Subsea 7 said Wednesday that its heavy construction/flex-lay vessel Seven Arctic would be equipped with a new energy-saving system. The new energy-saving and storage system will hybridise the vessel which…

Baker Hughes, Mocean Energy, Verlume Ink MOU

Sep 22, 2022

Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market…

ABS, NOV Collaborating on 'Pioneering' Subsea Storage Solution

Aug 31, 2022

American Bureau of Shipping ABS said Wednesday it was providing New Technology Qualification (NTQ) services for pioneering subsea storage technology from NOV.The Joint Development Project (JDP) includes NOV, ABS, Equinor, Shell, The Research…

Adapting Subsea Technologies to enable CCUS Initiatives

May 13, 2022

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…

UK-based Waste Management Firm to Store CO2 Under Seabed in Norway

May 13, 2022

Cory, a UK-based waste management and recycling company, might soon ship carbon dioxide from its 'energy from waste operation' on the River Thames in London to Norway's Northern Lights subsea carbon storage facilities.Cory and Northern Lights…

DOF Subsea Clinches Multiple Contracts in Oil & Gas, Renewables Sectors

Mar 29, 2022

Subsea services provider DOF Subsea said Tuesday it had won several new contracts in both the oil and gas and renewables sectors in the North Sea.The projects, to be delivered in 2022, total more than 185 vessel days excluding any optional work…

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