Australian energy company Provaris and Yinson Production, an owner and operator of floating, production, storage, and offloading (FPSO) vessels, have completed liquid CO2 (LCO2) tank design and formed a joint venture (JV) to commercialize LCO2 marine and offshore applications.
The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per
Petronas CCS Ventures, part of Malaysia’s state-owned energy giant Petronas, compatriot shipowner MISC Berhad and Japanese shipping company Mitsui O.S.K. Lines (MOL) have incorporated a strategic joint venture to develop and acquire liquefied carbon dioxide (LCO2) carriers.
Singapore-headquartered offshore marine service contractor Kim Heng has signed a memorandum of understanding (MoU) with the newly incorporated government-linked Singapore Energy Interconnections (SGEI) to cooperate on submarine power projects. As part of the non-binding MoU signed on June 9, the par
Finnish shipping company Langh Ship has taken delivery of Lene, the second in a series of three 1,200 TEU eco-friendly feeder ships ordered at PaxOcean shipyard in China.
K Line Energy Shipping, a London-based unit of Kawasaki Kisen Kaisha (K Line), has joined forces with Yinson Production, an owner and operator of floating production, storage and offloading (FPSO) vessels, to develop and market liquefied CO2 (LCO2) carrier and injection solutions.
U.S.-headquartered technology player SLB has unveiled a full value chain carbon storage toolbox to enhance the advancement of the industrial decarbonization journey.
The carbon capture and storage (CCS) sector is approaching a ‘decisive’ turning point, with global capacity on track to grow fourfold by 2030, Norway’s classification society DNV has highlighted in a new report. Up to the end of the decade, DNV has shared in its “Energy Transition Outlook: CCS to 20
Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).
Offshore Energies UK (OEUK), has deemed the UK’s backing of carbon capture, usage, and storage (CCUS) projects as an important step for the domestic offshore energy industry, as the country works to bankroll its transition from oil and gas to low-carbon technology.
Denmark-based energy infrastructure company Fidelis New Energy’s portfolio company, Norne, and the Port of Aalborg have inked a definitive 30-year agreement for the Norne carbon dioxide (CO2) reception facility. As disclosed, the newly launched Norne Carbon Storage Hub is now also backed by an EU Co
Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has picked up a new set of assignments with Northern Endurance Partnership (NEP) – encompassing BP, Equinor, and TotalEnergies – for work on the first offshore carbon capture and storage (CCS) project to receive a c
EnergyPathways has picked the UK’s Zenith Energy as a contractor for its proposed large-scale offshore wind-powered energy storage project in the East Irish Sea, which is scheduled to cross off a final investment decision (FID) from its list later this year.
Marine energy infrastructure developer Höegh Evi and oil major Aker BP have received an approval in principle (AiP) from classification society DNV for their liquefied CO2 (LCO2) carrier design in what was described as “a significant step” in enabling the carbon capture and storage (CCS) value chain
