
Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, are pooling resources to bring a 1.2 MW carbon capture power system to life to roll out zero-emission floating production, storage, and offloading (FPSO) units.

Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has decided to enlarge its fleet with another liquefied carbon dioxide (LCO2) carrier through a time charter deal with a consortium between Japan’s Kawasaki Kisen Kaisha (K Line) and Mala