The European Commission has earmarked a €~120 million CEF grant to support the development of a liquified CO2 receiving terminal at Prinos Carbon Storage located in the north of Greece.
CNOOC has tucked another milestone under its belt by switching the production mode on at an oilfield project in Bohai Bay, which is expected to boost its oil arsenal while taking advantage of carbon capture, utilization, and storage (CCUS) to enable low-carbon barrels and development in the region.
U.S.-headquartered energy technology giant Baker Hughes has launched an all-electric subsea production system, marking a step towards full electrification in offshore operations. According to Baker Hughes, the system delivers a fully electric topside-to-downhole solution, designed to integrate with
Mitsubishi Shipbuilding and Nippon Gas Line jointly obtained approval in principle (AiP) for a low-pressure type liquefied CO2 (LCO2) carrier for coastal transportation.
Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential d
The European Climate, Infrastructure and Environment Executive Agency (CINEA) has shared details of several ‘transformative waterborne projects’ that have moved from the R&D phase to a successful scale-up stage.
MODEC and TOYO have jointly designed the Blue Ammonia FPSO which will produce ammonia from the gas supplied by oil and gas FPSO located nearby.
The Danish Energy Agency has initiated a public consultation process for the environmental impact report related to the Greensand Future CO2 storage project in the North Sea. The report, prepared by Rambøll on behalf of INEOS E&P, supports the application for Denmark’s first CO2 storage initiative u
China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025.
In a new report, the Maritime Technologies Forum (MTF) has offered key recommendations to consider as the shipping industry looks to adopt onboard carbon capture and storage (OCCS) technology.
Following a turnkey CCS retrofit by Seatrium, Clipper Eris, the ethylene carrier owned by Solvang, is set to commence pilot testing.
The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o
With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici
The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.
