The Port of Corpus Christi Authority and the Texas General Land Office (GLO) have signed a memorandum of understanding (MOU) stating their intention to co-develop a carbon dioxide (CO2) storage solution in the Coastal Bend in support of national decarbonization targets.
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.
South Korean steel-making company POSCO has partnered up with local shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) and others to develop a liquid carbon dioxide (CO2) carrier.
Energy transition is bringing with it an intricate mix of options for the offshore energy and shipping sectors.
Houston-based oil and gas company Talos Energy has secured a carbon capture and storage site in Texas state waters in the Gulf of Mexico.
Hydrogen, described as a game-changer, a holy grail, and a key pillar in the energy transition process, is enjoying unprecedented momentum.
TGS and Magseis Renewables are collaborating on two new technology pilot projects for carbon capture and storage (CCS) and offshore wind. The first project will use high-resolution 3D seismic acquisition in Norway at a carbon storage area to demonstrate technology for detailed imaging of the full se
Oilfield services company Wood believes there will be continued growth in the carbon capture utilization and storage market worth $500 million in potential medium-term CCUS projects.
Consortium members have agreed to back Phase 2 of the Greensand carbon capture and storage (CCS) pilot project, in support of Denmark’s ambitious 70 per cent CO2 reduction targets by 2030.
Dril-Quip has secured a Letter of Intent (LoI) with Advent Energy for the provision of subsea equipment for the upcoming Seablue-1 exploration well at the Baleen prospect in Australia. Dril-Quip will provide subsea wellhead equipment, materials and associated services for the well located approximat
Global energy consultancy Xodus has been awarded a conceptual engineering design contract by Petronas for its first complete carbon capture and storage (CCS) project offshore Malaysia.
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has joined forces with compatriot company Mitsubishi Shipbuilding and classification society ClassNK to develop and test “world’s first” onboard CO2 capture plant.
This week’s focus was on making vessels greener, low-carbon strategies, green hydrogen, and building a sustainable future.
Oil major Chevron has made leadership changes as it’s working on its lower carbon strategy amid an ongoing energy transition.
