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Carbon Capture Usage & Storage

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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
Japanese partners to work on LCO2 carrier design for CCS value chain
Carbon Capture Usage & Storage

Japanese partners to work on LCO2 carrier design for CCS value chain

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Japanese firms Mitsui O.S.K Lines (MOL) and Kansai Electric Power Co. (KEPCO) have signed a service agreement to conduct feasibility research on the design of a liquefied CO2 carrier at shipyards in Japan and overseas.

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
Illustration; Source: Australian Energy Producers (former APPEA)
Carbon Capture Usage & Storage

Australia’s oil & gas industry calls for fix of offshore regulatory approval ‘chaos’ as wait times increase

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has called on the Commonwealth to “urgently fix” – what it deems as – the broken offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval

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 2 years ago
Eni and Snam unveil Italy’s first carbon capture and storage project
Carbon Capture Usage & Storage

Eni and Snam unveil Italy’s first carbon capture and storage project

Italy’s oil and gas giant Eni and energy infrastructure operator Snam have launched the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on December 19, 2022, to jointly develop and manage Phase 1 of the Ravenna CCS Pro

about 2 years ago
Air Products to build carbon capture facility at existing hydrogen plant in Rotterdam
Carbon Capture Usage & Storage

Air Products to build carbon capture facility at existing hydrogen plant in Rotterdam

Industrial gas supplier Air Products has revealed plans to build, own, and operate a carbon capture and CO2 treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The company aims to bring the facility on stream in 2025, with the resulting blue hydrogen product t

about 2 years ago
New carbon capture firm to enter UK market
Carbon Capture Usage & Storage

New carbon capture firm to enter UK market

Aberdeen-based Amplus Energy Services is entering the carbon capture sector with a multi-million-pound investment in a Norwegian carbon capture company which will see the creation of a new UK carbon capture business. Amplus Energy announced it was investing seven figures in the Norwegian carbon capt

about 2 years ago
Darren Woods, ExxonMobil's CEO; Source: ExxonMobil
Carbon Capture Usage & Storage

Additional CO2 pipeline network positions ExxonMobil’s low-carbon business for ‘profitable growth’

ExxonMobil has wrapped up the acquisition of Denbury and expanded its low-carbon business and CO2 pipeline network in the United States.

about 2 years ago
Value Maritime
Carbon Capture Usage & Storage

Value Maritime inks first CCS review and approval for 4 new boxships

Dutch maritime technology company Value Maritime has signed its first CO2 capture and storage (CCS) review and approval for four newbuild container vessels with the US-based classification society the American Bureau of Shipping (ABS).

about 2 years ago
DNV
Carbon Capture Usage & Storage

DNV, AL Group to explore CCS on board containership, bulker newbuilds

DNV has entered into a JDP with AL Group and its Singapore unit to explore the feasibility of CCS on board AL’s newbuildings.

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

Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.

18 minutes read
KR Hanwha Ocean AIP
Carbon Capture Usage & Storage

Hanwha Ocean wins approval for onboard CO2 capture system

The Korean Register (KR), in collaboration with the Marshall Islands Registry, has granted Approval in Principle (AiP) for an onboard CO2 capture system (OCCS) developed by Hanwha Ocean during Kormarine 2023 in Busan, South Korea. With the International Maritime Organization (IMO) and the European U

about 2 years ago