Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is
As part of the UK’s 2023 Spring Budget, £20 billion (nearly $24.2 billion) funding has been unveiled to scale up carbon capture and storage (CCS) projects. The energy industry sees this funding as a way to speed up decarbonisation across the UK and step up the shift towards renewables.
While the transition to low-carbon energy is making strides, the oil majors in Europe and the U.S. have made progress at a different pace.
Carbon capture and storage (CCS) projects are increasingly gaining more prominence in the race to make the world cleaner and more sustainable, driven by the interest from some of the most important offshore energy players.
OCI, a global producer and distributor of hydrogen-based products, and Linde, a global industrial gases and engineering company, have signed a long-term agreement under which Linde will supply clean hydrogen and nitrogen to OCI’s new blue ammonia facility under development in Beaumont, Texas, US. OC
Shell and Petrobras have joined forces to embark on a quest to unlock new upstream and energy transition opportunities.
INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in
Chevron and JERA have joined forces to explore carbon capture and storage (CCS) projects in the United States and Australia.
Germany’s Wintershall Dea and Belgium’s Fluxys have signed an agreement to jointly cooperate on a cross-border CO2 pipeline network connecting the two countries. As part of the project, CO2 emissions from industrial clusters in southern Germany are to be transported to the German-Belgian border via
Malaysian energy company Petronas and Japan Organisation for Metals and Energy Security (JOGMEC) have signed a Memorandum of Understanding (MoU) to cooperate in energy transition initiatives towards achieving respective energy transition and decarbonisation targets. According to Petronas, the initia
A carbon capture and sequestration (CCS) project located along the Texas Gulf Coast, has expanded its carbon dioxide (CO2) storage footprint.
Oslo-listed Hunter Group ASA and DNV classification society have entered into a joint cooperation agreement for the development of a low-pressure mid-stream shipping solution for Carbon Capture and Storage. The parties have agreed to work together to develop a 40-70K cbm liquified CO2 carrier with 2
The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
