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
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
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
Three companies – Technip Energies, deepC Store and Mitsui O.S.K. Lines (MOL) – have joined forces to develop a floating CCS hub.
UAE’s ADNOC and Italy’s Eni are contemplating options to explore opportunities to increase the security of gas supply.
South Korean shipbuilding major Samsung Heavy Industries has teamed up with German chemical producer BASF on a collaborative feasibility assessment of capturing CO2 onboard maritime vessels. Under the Memorandum of Understanding for Onboard Carbon Capture and Storage (OCCS) technology, signed at the
Oil major Chevron, through its affiliate Chevron Australia, has been granted interest in three greenhouse gas assessment permits offshore Australia as part of joint ventures established to develop the projects.
Korean Register (KR) and Daewoo Shipbuilding & Marine Engineering (DSME) have joined forces on the development of a 40,000 cbm liquefied carbon dioxide carrier (LCO2) featuring a next-generation cargo handling system. The demand for vessels capable of transporting carbon dioxide at scale from emissi
Inpex’s proposal to undertake a 3D marine seismic survey within the greenhouse gas (GHG) storage assessment permit area G-7-AP, located in the Bonaparte Basin off northern Australia is now open for comments. Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSE
Lloyd’s Register (LR) has granted Approval in Principle for Value Maritime’s Carbon Capture and Storage (CCS) System. According to the Dutch maritime technology company, Filtree System, is a prefabricated gas cleaning system that filters sulphur and 99% of particulate matter. The CCS system includes
Despite all the talk about the future of carbon-neutral fuels the industry is ‘bombarded with’ on a daily basis, deadlines for completion of certain projects are being pushed continuously further perpetuating the uncertainty surrounding their availability, says Rolf Haben Jensen, CEO of Hapag-Lloyd,
API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.
Carbon capture and storage (CCS) has emerged as an important pathway to contribute to the global carbon dioxide (CO2) reduction goals and support energy transition efforts. In parallel, this has given the shipping and shipbuilding segments the opportunity to shine.
Magseis Renewables, a wholly-owned subsidiary of Magseis Fairfield, has completed a high-resolution 3D seismic data acquisition offshore Norway over a carbon storage (CCS) area. For this project, the company utilised its extended high-resolution (XHR) acquisition technology combined with ocean botto
