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Storage

OEEC: CCS will employ as many people as oil & gas at its peak

Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply

11 minutes read

Storage

As Switzerland adopts national hydrogen strategy, Axpo and partners launch new production plant

Switzerland’s Federal Council adopted the national hydrogen strategy the same day that Axpo and its partners broke ground on the site of a new hydrogen production plant to be constructed by H2Uri.

about 1 year ago

Storage

UK’s first ever carbon storage becoming a reality, first injection expected in 2027

The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is

about 1 year ago

Storage

EU’s first full-scale CO2 storage facility gallops ahead as Danish project reaches FID

The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On

about 1 year ago

Storage

VTTI gauging interest in ammonia storage and cracking capacity at Rotterdam and Antwerp terminals

The Netherlands-based energy infrastructure firm VTTI has launched an open season for ammonia storage and ammonia cracking capacity at its terminals in Rotterdam and Antwerp.

about 1 year ago

An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023

Storage

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago

Storage

Aker BP’s CO2 storage licenses undergo technical peer review by ABL firm

Norway’s AGR, part of the energy and marine consultancy group ABL Group, has delivered a technical peer review of two carbon storage licenses in the Norwegian North Sea for compatriot E&P company Aker BP. AGR conducted an independent third-party technical peer review of the EXL005 Poseidon license,

about 1 year ago

Storage

Final preparations for OEEC 2024 underway

Offshore Energy Exhibition & Conference 2024 (OEEC 2024) is coming up this month. Work on the event is at full steam at Navingo (the company behind OEEC and Offshore-Energy.biz brands) with final tweaks and preparations underway. The exhibition floor has been almost completely booked and visitors ar

about 1 year ago

Storage

OCP and Engie eye green hydrogen and ammonia collaboration

OCP Group and Engie have taken a step towards launching several projects in renewable energy, energy storage, green hydrogen and ammonia, power infrastructure and sustainable desalination.

about 1 year ago

Storage

US-German collab gets $7.7M boost for development of low-cost subsea energy storage

U.S. and German governments are supporting two projects that have a mutual goal of developing a low-cost subsea energy storage technology that supports electrical grid decarbonization with funding of $7.7 million. The U.S. Sperra, dedicated to pioneering the next generation of renewable energy solut

about 1 year ago

Storage

Vopak gauging market interest in ammonia storage at energy park in Antwerp port

Dutch company Royal Vopak has launched marked consultations for the storage of ammonia at its Vopak Energy Park Antwerp site in Belgium. Through market consultations, Vopak aims to gauge market interest and gain detailed insight into customer demand. The consultations opened on October 24 and will r

about 1 year ago

Storage

Mitsubishi links up with Idemitsu for joint study on low-carbon ammonia

Japanese companies Idemitsu Kosan and Mitsubishi Corporation have entered into an agreement to jointly study the efficient operation of clean ammonia carriers and transshipment terminals as well as the structuring of a low-carbon ammonia supply chain. In addition to the efficient operation of clean

about 1 year ago

A panel session at Offshore Energy Exhibition & Conference 2023 in Amsterdam

Storage

OEEC 2024: A lot to talk about

In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren

about 1 year ago

Storage

Trafigura forms joint venture company with Spanish oil operator

Global commodity trading group Trafigura and oil operator Meroil S.A. have created a joint venture company that includes storage infrastructure for biofuels within the port of Barcelona. Following Trafigura’s acquisition of 50% of the shares in Meroil Tank S.L. from Meroil for an undisclosed sum, Me

about 1 year ago