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Carbon Capture Usage & Storage

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In focus: Are countries caught between energy security and net-zero pledges?
Carbon Capture Usage & Storage

In focus: Balancing act between energy security and net-zero goals

The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.

about 3 years ago
Denmark-and-Belgium-sign-landmark-agreement-for-CO2-transport
Carbon Capture Usage & Storage

Denmark and Belgium sign landmark agreement for CO2 transport

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Denmark, Flanders and Belgium have signed an agreement to cooperate on the transport of CO2 between the two countries with a view to permanent geological storage. Besides the framework on carbon capture, utilization, and storage (CCUS) cooperation, the parties have concluded an arrangement on how cr

about 3 years ago
Onboard carbon capture makes most business sense for large tankers & newbuilds
Carbon Capture Usage & Storage

Onboard carbon capture makes most business sense for large tankers & newbuilds

Onboard carbon capture with chemical absorption on large tankers has the best business cases, according to a new report by Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The technology has been on the receiving end of a lot of criticism as a costly and inefficient way of reducing CO2 emissi

about 3 years ago
INEOS hires Atkins to design low-carbon hydrogen plant in Scotland
Carbon Capture Usage & Storage

INEOS hires Atkins to design low-carbon hydrogen plant in Scotland

UK energy player INEOS has awarded a contract to Atkins, a member of the SNC Lavalin Group, to design a world-scale low-carbon hydrogen plant at its site in Grangemouth, Scotland. The new hydrogen plant, slated for operation in 2030, will see INEOS remove more than one million tonnes of carbon emiss

about 3 years ago
Petrobras - Keppel - FPSO order
Carbon Capture Usage & Storage

Keppel scores $2.8 bln worth FPSO order with Petrobras

Petrobras has signed a contract with Keppel Shipyard for the construction of the P-83 FPSO for the Santos Basin pre-salt area off Brazil.

about 3 years ago
Judy platform in the UK North Sea
Carbon Capture Usage & Storage

UK govt to speed up new energy projects, including five oil & gas developments

UK government plans to accelerate various energy projects, including five oil and gas as well as several CCS, hydrogen, and offshore wind projects.

about 3 years ago
Carbon Ridge
Carbon Capture Usage & Storage

Carbon Ridge secures funds for onboard carbon capture tech development

Carbon Ridge has raised $6 million in funding to continue the development of its OCCS technology for an onboard pilot in 2023.

about 3 years ago
UK’s first carbon storage licencing round brings 26 bids from 19 players
Carbon Capture Usage & Storage

UK’s first carbon storage licensing round brings 26 bids from 19 players

The UK’s first-ever carbon storage licensing round, encompassing 13 areas, has attracted 26 bids from 19 industry players.

about 3 years ago
QatarEnergy and GE team up on carbon capture roadmap
Carbon Capture Usage & Storage

QatarEnergy and GE team up on carbon capture roadmap

LNG major QatarEnergy signed a memorandum of understanding (MoU) with U.S. firm General Electric (GE) to collaborate on developing a carbon capture roadmap for the energy sector in Qatar.

about 3 years ago
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Carbon Capture Usage & Storage

Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative

Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.

about 3 years ago
Two contrasting scenarios depict challenges on the road to decarbonisation amid energy crisis
Carbon Capture Usage & Storage

Two contrasting scenarios depict challenges to net-zero by 2050 amid energy crisis

A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.

about 3 years ago
Energy-players-enter-joint-RD-project-to-leverage-digital-ways-in-transition-to-net-zero
Carbon Capture Usage & Storage

Energy players enter joint R&D project to leverage digital ways in transition to net-zero

Offshore energy companies in Brazil have come together for a joint industry research and technology development project focused on addressing technologies to reduce carbon emissions. The project named i-Concept JIP Phase 2 focuses on the development of applied computational modules to generate and r

about 3 years ago
LR design approval for HM LCO2 carrier design
Carbon Capture Usage & Storage

HMD’s 30,000cbm LCO2 carrier design gets green light

Hyundai Mipo Dockyard (HMD) has won design approval for the development of the world’s first 30,000cbm liquefied carbon dioxide carrier. The new carrier will incorporate a new type of steel in its tanks, supporting greater efficiencies in the carbon capture and storage (CCS) value chain. The steel u

about 3 years ago
HMM pursues onboard carbon capture solutions with Panasia
Carbon Capture Usage & Storage

HMM pursues onboard carbon capture solutions with Panasia

South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with energy system expert Panasia to collaborate on onboard carbon capture system for vessel application. The duo plans to carry out a feasibility study, economic analysis, and risk assessment of capturing CO2 from greenh

about 3 years ago