SBM Offshore is pooling resources with Japan’s Mitsubishi Heavy Industries (MHI) Group to undertake a study for the application of CO2 capture modules on future floating production, storage, and offloading (FPSO) units to be deployed on oil and gas fields operated by Brazil’s energy giant Petrobras.
TotalEnergies has exercised its purchase option and inked a multi-year LNG sale and purchase agreement (SPA) with NextDecade, enabling sufficient commercial agreements in place to back a positive final investment decision (FID) on the fourth train at an LNG export project in Texas, United States.
Yinson Production is roughly a month away from welcoming its floating production, storage, and offloading (FPSO) vessel to Angolan waters.
Türkiye Petrolleri A.O. (TPAO) has become the 56th player to come on board the Oil and Gas Decarbonization Charter (OGDC), which is set on stepping up the worldwide decarbonization game in the oil and gas industry at speed and scale.
A joint venture of Perenco UK, Carbon Catalyst and Harbour Energy has concluded the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is deemed the UK’s largest depleted gas field. The test started in February and inc
Norway-based energy data and intelligence company TGS has secured a contract to deliver a shallow-water ocean bottom node (OBN) project offshore Trinidad. The 3D baseline contract is scheduled to commence early in the third quarter of 2025, with the total duration of the survey expected to be approx
UK’s trade and development body for the underwater industry Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA), a membership organization of companies in the Australian subsea industry, have signed a memorandum of understanding (MoU) to foster innovation, collaboration and gr
Spanish shipping and chemicals company Forestal del Atlántico and Germany’s chemical manufacturing player BASF have inked an early disclosure agreement (EDA) with the goal of accelerating the production of e-methanol (eMeOH) through carbon capture solutions. Under the terms of the agreement, BASF is
Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de
Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las
Petrobras has tucked a new carbon dioxide (CO2) reinjection milestone in the Santos Basin pre-salt layer under its belt, thanks to 22 floating production, storage, and offloading (FPSO) vessels capturing and reinjecting CO2 off the coast of Brazil.
Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton
Knutsen NYK Carbon Carriers (KNCC), a subsidiary of Japanese shipping company NYK and Norway’s vessel operator Knutsen Group, has received approval in principle (AiP) from classification society ClassNK for the design of liquefied CO2 carriers with elevated pressure cargo tanks (LCO2-EP) and a float
The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr
