Horisont Energi has signed a Letter of Intent (LoI) with energy company PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, under which PUN aims to enter as a partner and operator in the only CO2 exploration license in the Barents Sea. The Norwegian Ministry of Petroleum and Energy announced
Wood Mackenzie believes the UK will struggle to meet its CCUS targets unless government and private investment come to the aid.
Leveraging digital tools to tap into advanced well-performance analytics in the cloud helps producers to get ahead of the demand curve.
Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has entered into a strategic partnership with oil major Aker BP to develop a fully comprehensive carbon capture and storage (CCS) offering for industrial CO2 emitters in Northern Europe. Under the agreement, the two companies plan to c
The UK is set on reviewing its Energy Charter Treaty membership, which will enable it to consider withdrawal as an outcome of the review.
Dutch sustainability firm Value Group, which brings together sister companies Value Maritime and Value Carbon, revealed that Shell Ventures has joined Value Group’s investor base to accelerate and expand Value Group’s carbon capture utilisation and storage strategy. Shell Ventures, the corporate ven
Petrobras has teamed up with Chinese companies to bring its strategic five-year plan to life and prepare for a more sustainable future.
Classification society DNV has issued an approval in principle (AiP) to MISC Berhad and Samsung Heavy Industries (SHI) for their floating CO2 storage unit (FCSU) that aims to enhance the efficiency of the carbon capture and storage (CCS) value chain within the maritime industry. MISC and SHI jointly
Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container
Equinor has gotten its hands on a stake in a carbon capture and sequestration (CCS) project located along the Texas Gulf Coast.
When it comes to tweaking existing industrial processes to curb carbon emissions, numerous steps are being taken.
Japanese shipping majors NYK and Mitsui O.S.K. Lines (MOL) have been commissioned to study liquefied CO2 transport by vessels as part of a carbon dioxide capture and storage (CCS) project in Japan.
Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping. The
Fugro will pool resources with the Indian Institute of Technology to boost net-zero initiatives and curb carbon footprint with CCUS projects.
