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Low-Carbon Transition - Offshore Energy

Low-Carbon Transition

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MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways

Low-Carbon Transition

New gas storage license on the horizon for UK’s integrated energy storage project

England-based energy transition-focused player EnergyPathways is awaiting the award of a gas storage license (GSL) from the North Sea Transition Authority (NSTA) in connection with the firm’s flagship energy storage project off the Cumbria coast in the East Irish Sea.

about 4 months ago

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

Low-Carbon Transition

Norwegian CO2 transport and storage project gathers three industry majors

Aker Solutions, Knutsen NYK Carbon Carriers (KNCC), a joint venture of Knutsen Group and NYKLine, and Vår Energi CCS AS, the project’s operator, have signed a memorandum of understanding (MoU) to advance the Trudvang CO2 transportation and storage project in the Norwegian North Sea. The partnership

about 4 months ago

Low-Carbon Transition

DNV’s scope at UK’s first offshore CCS project expands with independent certifier role

DNV has been selected as the independent certifier for Northern Endurance Partnership (NEP), the UK’s first offshore carbon capture and storage (CCS) project, and will verify that the project’s construction and operation comply with the carbon dioxide transport and storage licence (CO2 T&S license)

about 5 months ago

CTCI Thailand team gathered to celebrate the groundbreaking ceremony of the Olefins 3 Cold Energy Utilization Project (OCP); Source: CTCI

Low-Carbon Transition

EPC contractor hand-picked for Southeast Asian LNG cold energy utilization project

CTCI Thailand, a CTCI Group company with a track record in petrochemical and liquefied natural gas (LNG) terminal projects, has been hired to handle the engineering, procurement, and construction (EPC) scope of work at an LNG cold energy utilization project, a joint development between PTT Global Ch

about 5 months ago

Low-Carbon Transition

EnergyPathways launches offshore wind-linked compressed air energy storage project

EnergyPathways has launched front end engineering and design (FEED) for its compressed air energy storage (CAES) project in the East Irish Sea, part of the wider MESH energy development, with the facility designed to store surplus electricity from offshore wind farms and the UK grid. The CAES projec

about 5 months ago

Illustration; Source: Offshore Energies UK (OEUK)

Low-Carbon Transition

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and

about 5 months ago

Low-Carbon Transition

Court case ends in settlement with Woodside and Greenpeace agreeing to foot their own bills

Australian energy giant Woodside and Greenpeace Australia Pacific (GAP), an independent campaigning organization, have reached a settlement in an emissions lawsuit, which has now been dismissed in the Federal Court of Australia.

about 5 months ago

Low-Carbon Transition

World’s first global shipping carbon price talks back at UN’s bargaining table

As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend th

about 5 months ago

Low-Carbon Transition

CCS exploration drilling ops cleared for launch offshore Japan

On a mission to support carbon capture and storage (CCS), Metropolitan CCS, a joint venture (JV) between Inpex Corporation and Kanto Natural Gas Development, has secured the green light from Japan’s Minister of Economy, Trade and Industry to undertake exploratory drilling offshore Kujukuri along the

about 5 months ago

Low-Carbon Transition

OneSubsea and TOYO to explore CCS opportunities in Southeast Asia

Japan’s Toyo Engineering Corporation and OneSubsea, a joint venture established in 2023 by SLB, Aker Solutions, and Subsea7, have signed a memorandum of understanding (MoU) to explore collaboration opportunities in carbon capture and storage (CCS). Initially, the partners plan to explore opportuniti

about 5 months ago

Low-Carbon Transition

Third Northern Lights LCO2 carrier blessed, now preparing for service

Northern Phoenix, the third liquefied carbon dioxide (LCO2) carrier for the Northern Lights CO2 project in Norway, has officially been blessed and will now start final preparations and commissioning ahead of operations. China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Co

about 5 months ago

Low-Carbon Transition

Chiyoda, NYK and KNCC jointly pursuing global carbon capture and storage projects

Japanese engineering company Chiyoda Corporation, compatriot shipping major Nippon Yusen Kabushiki Kaisha (NYK Line), and its Norway-headquartered affiliate Knutsen NYK Carbon Carriers (KNCC) have signed a memorandum of understanding (MOU) to collaborate on carbon capture and storage (CCS) projects

about 6 months ago

Low-Carbon Transition

History written as CCS technology starts operating on board FPSO

Malaysia’s Yinson Production has put into operation the carbon capture and storage (CCS) unit onboard its floating production, storage, and offloading (FPSO) vessel Agogo, said to be the world’s first post-combustion CO2 capture plant installed on an offshore facility. The milestone is said to be th

about 6 months ago

Low-Carbon Transition

Oil-to-CO2 storage wells begin transformation journey offshore Denmark

North Sea wells originally used for oil production are currently being prepared for CO2 storage as part of the Greensand Future project in Denmark, which will store carbon dioxide in the Nini West field located approximately 240 kilometers northwest of Esbjerg. To remind, in December 2022, Project G

about 6 months ago