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Carbon Capture Usage & Storage

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Saltend Chemicals Park; Source: Xodus
Carbon Capture Usage & Storage

‘Herculean effort’ needed to unleash CCUS at scale, but repurposing North Sea oil & gas infrastructure offers a boon for Europe

Xodus has unveiled a new whitepaper, which was produced in partnership with Subsea7 and designed as a tool for assessing the relative cost efficiency of carbon capture, utilization, and storage (CCUS) projects and the timeline for their viability.

about 2 years ago
LCO2
Carbon Capture Usage & Storage

Interview: Almost every ocean-going ship type can become a CO2 carrier

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In the ever-evolving landscape of maritime innovation, one topic has emerged as a beacon of change and promise – carbon capture in shipping. As global efforts to decarbonize intensify, the role of CO2 capture, liquefaction, and transport is expected to grow in importance, especially in line with the

about 2 years ago
Illustration; Source: Technip Energies
Carbon Capture Usage & Storage

Technip Energies: Global deployment of CCS needed in all sectors as ‘essential’ piece of decarbonization puzzle

Which steps need to be taken to enhance the viability of CCUS as a decarbonization tool in the energy transition arsenal?

about 2 years ago
Horisont Energi-Koole Terminals partnership to include CCS value chain
Carbon Capture Usage & Storage

Horisont Energi-Koole Terminals partnership to include CCS value chain

Horisont Energi, a clean energy company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a non-binding memorandum of understanding (MoU) to continue their collaboration to explore the potential development of a European carbon ca

about 2 years ago
Sinotech
Carbon Capture Usage & Storage

Diana Shipping to trial carbon capture system on Capesize bulker with Ecochlor and Sinotech

Greek dry bulk shipping company Diana Shipping is set to test a carbon capture system (CCS) onboard one of its capesize bulk carriers in cooperation with Ecochlor and Sinotech CCS. The trio has signed a Letter of Intent (LOI) for the installation of a Sinotech scrubber and CCS system onboard Diana’s

about 2 years ago
KNCC LCO2 carrier with LCO2-EP containment system
Carbon Capture Usage & Storage

KNCC says its LCO2-EP technology is proven and ready for commercialization

Knutsen NYK Carbon Carriers AS (KNCC), a joint venture established last year between Japanese shipping major NYK and Norway’s Knutsen Group to transport liquid CO2, revealed that its LCO2-EP technology to store and transport liquefied CO2 at ambient temperature tested and proved at the test-rig faci

about 2 years ago
Northern Lights storage tanks
Carbon Capture Usage & Storage

Northern Lights, Yara seal binding CO2 transport and storage deal

Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation a

about 2 years ago
Illustration; Source: TotalEnergies
Carbon Capture Usage & Storage

In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

23 minutes read
Sumitomo subsidiary enters UK carbon storage sector
Carbon Capture Usage & Storage

Sumitomo subsidiary enters UK carbon storage sector

Carbon Catalyst has entered into an agreement with Summit Energy Evolution Limited (SEEL), a wholly owned subsidiary of Sumitomo Corporation, for the farmout of a 10% interest in a North Sea carbon capture and storage (CCS) project. Carbon Catalyst announced it had reached an agreement with SEEL to

about 2 years ago
Illustration; Courtesy of Center for International Environmental Law (CIEL)
Carbon Capture Usage & Storage

Report: Instead of emission silver bullet, offshore CCS rush deemed as fossil fuel extension cover-up

New report from the Center for International Environmental Law (CIEL) outlines that offshore CCS is not a solution to fossil fuel pollution.

about 2 years ago
Fugro updates 2027 strategy, plans to expand into CCUS
Carbon Capture Usage & Storage

Fugro updates 2027 strategy, plans expansion into CCUS

Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur

about 2 years ago
Wintershall Dea enters second UK carbon capture and storage project
Carbon Capture Usage & Storage

Wintershall Dea enters second UK carbon capture and storage project

Carbon Catalyst has completed the farmout of a 10% interest in a carbon capture and storage (CCS) project in the UK North Sea to Wintershall Dea. Carbon Catalyst reported on November 14 that it had completed the farmout of a 10% working interest in the Poseidon carbon storage license located in the

about 2 years ago
In focus: Increase in fossil fuel production threatens global climate goals
Carbon Capture Usage & Storage

In focus: Increase in fossil fuel production threatens global climate goals

Despite all the efforts exerted by the governments and companies around the world to reduce carbon emissions and reach ambitious net-zero targets, the new 2023 Production Gap Report shows that global coal, oil and gas productions are still increasing while planned reductions are nowhere near enough

about 2 years ago
Seaports
Carbon Capture Usage & Storage

ZDS: German seaports are well-positioned to be carbon management hubs

German seaports believe they are well-positioned to be used as hubs for carbon management as part of the energy transition and a CO2 circular economy. However, they demand ‘a clear commitment’ from the federal government.

about 3 years ago