Norway’s Magseis Fairfield and the Dutch Fugro have signed a global cooperation agreement to work on project opportunities including wide area 3D ultra high-resolution surveys (3D UHR) for the offshore renewables and carbon capture and storage (CCS) markets. The companies said they will jointly purs
The Associated British Ports (ABP) has entered into an exclusive commercial relationship with Edinburgh–based oil and gas company Harbour Energy to develop a CO₂ import terminal at the Port of Immingham, the UK’s largest port by tonnage. The terminal will provide a large-scale facility to connect CO
Schlumberger is rebranding and changing its name to SLB to pursue a new identity that will represent the transformation from a giant oilfield services provider to a technology company focused on energy innovation and decarbonization. Schlumberger announced that nearly all of its affiliated brands wi
Neptune Energy has called on the Dutch government to introduce an investment allowance in its plans to raise levies on energy companies.
Japanese shipping major NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of Indonesia’s state-owned oil and gas company PT Pertamina (Persero). The duo plans to conclude an investment agreement and complete the investment by the end of 2
German natural gas and oil company Wintershall Dea and compatriot liquid bulk terminal HES Wilhelmshaven Tank Terminal have signed a memorandum of understanding (MoU) to jointly develop a CO2 hub at Germany’s single deepest draft port. The companies plan to develop a hub named CO2nnectNow at HES Wil
Storegga, a developer of carbon reduction and removal technologies, has signed a memorandum of understanding (MoU) with materials management and logistics company ASCO to collaborate on the Acorn Project. Under the MoU, the parties will explore opportunities to collaborate, with particular focus on
The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world, according to the sixth edition of DNV’s Energy Transition Outlook.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has completed a verification test of its carbon capture and storage technology on board an LNG carrier. The onboard carbon capture and storage (OCCS) has been jointly developed with Hi Air Korea, a producer of equipment for hea
The UK-based Net Zero Technology Centre has revealed the 20 winners of its 2022 Open Innovation Programme. The center was created as part of the Aberdeen City Region Deal, with £180 million of UK and Scottish government funding to maximise the potential of the North Sea. Since its inception in 2017,
The Shimonoseki Shipyard of Japan’s Mitsubishi Shipbuilding Corporation hosted today a keel laying ceremony for the hull of the demonstration test ship for liquefied CO2 transportation. The project was announced by the shipyard in February this year following a contract signing with compatriot shipp
PTTEP has picked Technip Energies to perform the FEED work on an onshore gas plant associated with carbon capture in Malaysia.
Horisont Energi and Neptune Energy have signed a project agreement to develop the Errai carbon capture and storage (CCS) project in Norway. The agreement builds on the Memorandum of Understanding (MoU) that was announced at the end of August. The partners are now setting up a project organization to
Norway’s Ministry of Petroleum and Energy has selected Wintershall Dea Norge and CapeOmega to receive an exploration permit for CO2 storage on the Norwegian continental shelf (NCS) in the North Sea. The Luna license is located 120 kilometers west of Bergen and is estimated to hold a CO2 storage inje
