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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 2 years 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 2 years 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 2 years 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 2 years ago

18 companies unite for joint industry partnership to accelerate CCUS projects

Storage

18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 2 years ago

Storage

MT Group to build hydrogen production and refueling station at Port of Klaipeda

MT Group has signed a contract with the Klaipeda State Seaport Authority to build a green hydrogen production and refueling station in the Port of Klaipeda.

about 2 years ago

Horisont Energi looking for partner(s) for Barents Sea CO2 exploration license as ORLEN withdraws

Storage

Horisont Energi looking for new partners for Barents Sea CO2 exploration license as ORLEN withdraws

ORLEN Upstream Norway, part of Poland’s ORLEN Group and formerly known as PGNiG Upstream Norway (PUN), has decided to withdraw from the Polaris CO2 exploration license, the only CO2 storage located in the Barents Sea, with Horisont Energi now assessing the way forward for the project. The Polaris li

about 2 years ago

Storage

Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage

The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans

about 2 years ago

Storage

European Union backs South Africa’s hydrogen agenda with €32 million

The European Union has committed R628 million (approximately €32 million) in grants to promote the sustainable development of green hydrogen value chains in South Africa.

about 2 years ago

Storage

Denmark’s CO2 storage pilot project paves the way for large-scale CCS

The consortium partners behind Project Greensand have submitted the final report for the CO2 storage pilot project, paving the way for the development of large-scale carbon capture and storage (CCS) in Denmark. Project Greensand marked a world first on March 8, 2023, with the first-ever injection of

about 2 years ago

Storage

Six companies in the run for three CO2 storage licenses offshore Norway

The Norwegian Ministry of Energy has received applications from six companies for three CO2 storage areas on the Norwegian Continental Shelf (NCS) as part of the seventh call for CO2 storage in the area. Aker BP, Equinor Low Carbon Solutions, Harbour Energy Norge, Horisont Energi, Storegga Norge and

about 2 years ago

Storage

ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia

Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS

about 2 years ago

Storage

Partners to transform Norwegian Risavika into green ammonia hub

Iverson eFuels, Port of Stavanger, ASCO Norge and St1 have signed a partnership agreement to make green ammonia available in the Stavanger region of Norway.

about 2 years ago

Storage

Allied Green Ammonia’s hydrogen-to-ammonia project in Australia moves forward

SPG Steiner has signed an agreement with Allied Green Ammonia (AGA) for the supply of two large-scale 40,000-tonne cryogenic full containment double-wall ammonia storage tanks and an associated refrigeration system.

about 2 years ago