LogIn LogOut

Carbon Capture News

 

CO2 Capture Technology Ready for New Offshore Frontiers

Jan 02, 2024

If the industry has been capturing CO2 for decades, why all the innovation now?CO2 capture technology has been used for around a century in natural gas processing plants to separate out the commercially valuable methane. In the 1970s, that CO2 found purpose in advanced oil recovery. Now, carbon capture and storage (CCS) is reducing upstream CO2 emissions, with more applications to come.The processing technology is being adapted from onshore…

Dutch CO₂ Storage Project L10CCS Reaches FEED Phase

Dec 13, 2023

L10CCS, one of the large stores to be connected to the Aramis CO₂ transport and storage initiative in the Dutch part of the North Sea, has entered the next phase in the project, Front End Engineering Design (FEED).Neptune Energy and its partners EBN…

Carbon Capture Chasm Exposed at Climate Summit

Dec 07, 2023

Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation…

Indonesia Moves Ahead with CCS Talks with US Oil Majors, Eyes Petrochemical Project

Nov 14, 2023

Indonesia's state energy company Pertamina and U.S. oil majors Exxon Mobil and Chevron Corp. are moving ahead with their discussions to invest in carbon capture facilities, while Exxon eyes a petrochemical project in the country.Pertamina and…

Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Mar 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…

Chevron, Jera in CCS MoU

Mar 08, 2023

Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA Co. have signed a Memorandum of Understanding (MOU) for collaboration on carbon capture and storage (CCS) projects located in the United States and Australia. 'This MOU has the…

Petronas and ExxonMobil to Pursue CCS Projects in Malaysia

Jan 27, 2023

Malaysian oil and gas company Petronas said Friday it had recently signed two agreements with U.S. major ExxonMobil to jointly pursue Carbon Capture and Storage (CCS) projects in Malaysia.Petronas and ExxonMobil have committed to defining the next steps…

ADNOC Earmarks $15B for Decarbonization Push

Jan 05, 2023

The Abu Dhabi National Oil Company (ADNOC) said Thursday it had allocated $15 billion (AED55 billion) to advance an array of decarbonization projects across its diversified value chain by 2030. These projects will include investments in clean power…

Petronas, JX Nippon Enter Deal for BIGST Offshore Fields in Malaysia

Dec 12, 2022

Malaysia's state energy firm Petronas said on Monday it would work with JX Nippon Oil & Gas Exploration Corp. on a joint proposal to monetize gas potential in the Bujang, Inas, Guling, Sepat, and Tujoh (BIGST) fields located off the shores of peninsular Malaysia…

Malaysia's Petronas Greenlights CCS Project Offshore Sarawak

Nov 29, 2022

Malaysian state oil firm Petronas said on Tuesday it had decided to develop the Kasawari carbon sequestration project in offshore Sarawak as part of the final investment decision (FID) on the venture. Petronas said the project - located in Block SK316 off Bintulu town - is expected to reduce 3…

Biden Unveils Investments in Indonesia Carbon Capture, Transport

Nov 14, 2022

U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil and state-owned energy company Pertamina on carbon capture…

Shell to Jointly study East China Carbon Project with Sinopec, Baowu and BASF

Nov 04, 2022

Shell said on Friday it signed an agreement with Chinese state refiner Sinopec and steel group Baowu as well as German chemical giant BASF to study a carbon capture, utilisation and storage project (CCUS) in East China. Parties intend to conduct…

PTTEP Taps Technip Energies for FEED at Lang Lebah Gas Plant with CO2 Capture

Oct 06, 2022

Thai oil company PTTEP has selcted Technip Energies to perform Front-End Engineering Design (FEED) of the Lang Lebah OnshoreGas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia. The FEED contract covers the design of an onshore…

Deal Signed for First Offshore Floating CCS Hub Project in Asia Pacific

Sep 14, 2022

deepC Store, Mitsui O.S.K. Lines, (MOL) and Technip Energies have entered into a Letter of Intent that should lead to the construction of a Floating Storage & Injection (“FSI”) Hub facility for dCS’s CStore1 carbon capture and storage project offshore Australia…

Carbon Capture & Storage: Santos Reaches FID on Darwin Pipeline Duplication Project

Aug 29, 2022

Australian oil and gas firm Santos, as operator of the Barossa joint venture, on Monday announced a final investment decision (FID) has been taken to proceed with the Darwin Pipeline Duplication Project, located offshore the Northern Territory…

Current News

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

The APAC Offshore Market: Riding the Wave of Success into 2024 and Beyond

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Woodside Sells 15.1% Scarborough Stake to JERA for $1.4B

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

Are North Sea Jack-Ups Set for Flat 2024?

Are North Sea Jack-Ups Set for Flat 2024?

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Equinor Pens 15-Year LNG Supply Deal with Indian Firm

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com