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Carbon Capture Usage & Storage

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Carbon Capture Usage & Storage

EverLoNG concludes second carbon capture demonstration onboard LNG-powered ship

The EverLoNG project, an initiative aiming to encourage the uptake of ship-based carbon capture (SBCC) by trialing its use onboard LNG-fueled ships, has completed the second demonstration campaign on Heerema Marine Contractors’ LNG-powered crane ship Sleipnir. The demonstration campaign began in Jun

about 1 year ago

Terry Allan, CEO at nexos; Source: nexos

Carbon Capture Usage & Storage

Op-ed: Different rules, same game – Thinking differently about UK’s energy future

Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).

about 1 year ago

Carbon Capture Usage & Storage

Viridien and SLB’s first Australian partnership looks into exploration and carbon storage potential

France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the exploration and carbon storage potential of the Bonaparte Basin. Viridien reported on October 24 that the partn

about 1 year ago

A panel session at Offshore Energy Exhibition & Conference 2023 in Amsterdam

Carbon Capture Usage & Storage

OEEC 2024: A lot to talk about

In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren

about 1 year ago

Carbon Capture Usage & Storage

TGS sees record-high OBN contract activity following merger with PGS

Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity le

about 1 year ago

Carbon Capture Usage & Storage

‘First-of-its-kind’ open-access CO2 storage concept gets €225 million EU support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution for CO2 sequestration using shared, flexible offshore infrastructu

about 1 year ago

Ocean Onyx semi-submersible rig; Source: Noble

Carbon Capture Usage & Storage

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 1 year ago

Carbon storage (illustration); Source: TGS

Carbon Capture Usage & Storage

Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’

The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as

about 1 year ago

Carbon Capture Usage & Storage

Start-up of giant gas development remains on track as flagship carbon capture and storage project propels forward Australia’s journey to net zero

Australian energy player Santos has hit the 82% completion mark at its project in Commonwealth waters, bringing it closer to the first gas from its huge field off the coast of Australia. The firm also confirmed the commissioning of a carbon capture and storage (CCS) project in the Cooper Basin, whic

about 1 year ago

18 companies unite for joint industry partnership to accelerate CCUS projects

Carbon Capture Usage & Storage

18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 1 year ago

Horisont Energi looking for partner(s) for Barents Sea CO2 exploration license as ORLEN withdraws

Carbon Capture Usage & Storage

Horisont Energi looking for new partners for Barents Sea CO2 exploration license as ORLEN withdraws

ORLEN Upstream Norway, part of Poland’s ORLEN Group and formerly known as PGNiG Upstream Norway (PUN), has decided to withdraw from the Polaris CO2 exploration license, the only CO2 storage located in the Barents Sea, with Horisont Energi now assessing the way forward for the project. The Polaris li

about 1 year ago

Carbon Capture Usage & Storage

Largest US CO2 offshore storage site comes into ExxonMobil’s hands

U.S. energy giant ExxonMobil has secured access to over 271,000 acres of offshore CO2 storage in Texas state waters, said to be the largest of its kind in the U.S., through a lease with the Texas General Land Office (GLO). This is said to add significant storage potential to ExxonMobil’s carbon capt

about 2 years ago

Carbon Capture Usage & Storage

K Line and partners to evaluate CCS opportunities in Alaska

Japanese companies Sumitomo Corporation and Kawasaki Kisen Kaisha (K Line) have signed a joint study agreement with the U.S.-based oil and natural gas producer Hilcorp to explore carbon capture and storage (CCS) opportunities in Alaska. Under the agreement, the three companies will conduct a feasibi

about 2 years ago

Source: North Sea Transition Authority (NSTA)

Carbon Capture Usage & Storage

More sustainable and closely coordinated seabed management aim of new UK agreement

UK regulator North Sea Transition Authority (NSTA) and The Crown Estate, manager of the seabed and renewable energy rights within the economic zone in England, Wales and Northern Ireland, have signed a new Statement of Intent as part of joint aspirations to ensure a more sustainable and closely coor

about 2 years ago