Malaysian oil and gas major Petronas and the Dutch tank storage company Vopak have signed a memorandum of understanding (MoU) to develop the value chain for carbon capture and storage (CCS) in the Southeast Asia region. Under the MoU, the companies will jointly study the development of the CCS value
In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.
UK-based Aquaterra Energy has unveiled a new CO2 management platform for long-term monitoring and sustained integrity of underwater carbon capture and storage (CCS) sites. The integrated solution is said to provide monitoring of both sub-surface fiber optic seismic arrays, as well as dissolved CO2 g
Danish company Resen Waves has joined the Greensand carbon capture and storage (CCS) project to develop small-scale wave energy buoys that will be used for monitoring activities.
Northern Lights has confirmed the storage capacity of at least 5 million tonnes of CO2 per annum in the North Sea licence off Norway.
Chevron Corporation, through its Chevron New Energies International Pte subsidiary, and Mitsui O.S.K. Lines, Ltd. (MOL) have inked a Joint Study Agreement to explore the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia.
Chevron New Energies, Chevron’s unit focusing on low-carbon fuels, and Japanese energy giant JERA have agreed to collaborate on multiple lower-carbon opportunities in the US and Asia Pacific region. The parties will collaborate on opportunities including production, carbon capture, utilisation and s
3t Energy has been selected to develop a pioneering digital solution in partnership with OPITO to help workers in the offshore energy sector.
ConocoPhillips and CNOOC Limited have announced the beginning of the Penglai Offshore Windfarm Pilot Project, which will harness wind energy to power the Penglai oilfield.
The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant l
European Commission (EC) has launched the third call for large-scale clean technology projects with a budget of €3 billion to boost the deployment of industrial solutions to decarbonise Europe. The call was opened under the EU Innovation Fund, a funding programme for the demonstration and commercial
Carbon capture and storage (CCS) projects in the Gulf of Mexico could play an important role in meeting U.S. greenhouse gas emission reduction goals, however, many challenges remain, according to a report by Wood Mackenzie. There are currently 22 CCS projects in the U.S., accounting for 19% of globa
Horisont Energi and Neptune Energy are set to apply for the license to operate an area for CO2 storage in the North Sea that Norway’s Ministry of Petroleum and Energy announced on 2 November. The parties plan to apply together, with Neptune Energy having the operatorship for the development phase an
Norway’s Ministry of Petroleum and Energy is inviting applications for an area on the Norwegian continental shelf (NCS) that would be used for CO2 injection and storage. The area encompasses defined blocks in the North Sea. “Today’s announcement of land for the storage of CO2 is new evidence of the
