Classification society DNV has entered into a joint development project (JDP) with Singapore-based shipping company SDTR Marine to cooperate on a Carbon Capture and Storage (CCS) feasibility study for the latter’s 85,000 dwt Kamsarmax bulk carrier.
McDermott has secured an offshore contract from Malaysia Marine and Heavy Engineering (MMHE) for the first carbon capture and storage (CCS) project located offshore Malaysia. Under the scope of the contract, McDermott will perform transportation and the structural installation of a 138-kilometer pip
PTTEP has inked an agreement to participate in a study on the carbon storage potential in the Northern Gulf of Thailand.
Black & Veatch’s President of Asia Pacific and India spotlighted accelerated LNG production as a critical piece of the decarbonization puzzle.
Out of the 34 exploration wells spudded on the NCS last year 23 were wildcat wells, which resulted in 14 discoveries.
France-headquartered CGG and Dutch C-Questra have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS). “The purpose of the cooperation agreement is quite simply to go much faster. CGG contributes human and technological resources, while C-Questra implem
ADNOC has made its first international equity investment foray in carbon management by becoming a lead investor in Storegga.
Norwegian energy major Equinor and global industrial gases and engineering company Linde have signed a project development agreement to work as partners on the H2M Eemshaven low-carbon hydrogen project in the Netherlands. Equinor’s H2M Eemshaven project aims to build a production facility in the Eem
The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a li
PTTEP is ready to pool resources with Japan’s Inpex to undertake a study on carbon storage potential in the Northern Gulf of Thailand.
In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf
Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
Inpex has received a seal of approval for an environment plan (EP), covering pre-drill site surveys, and drilling and evaluation ops off the coast of Australia.
Korea National Oil Corporation (KNOC) is taking part in a national initiative to explore and identify potential CO2 storage sites within waters around the Korean peninsula. KNOC announced on December 26 that it was embarking on a full-scale exploration to secure underground storage of carbon dioxide
