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CNOOC Launches Power from Shore Bohai Bay Project. Starts Production from Offshore Oil Field

Dec 27, 2022

Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project include 4 offshore electric  power platforms and 1 onshore high-voltage substation. The designed  power transmission capacity is 520 MW, currently the largest scale  onshore power project serving offshore oilfields in China…

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…

Samsung Heavy, MISC to Build Floating CO2 Storage Units

Jan 19, 2023

South Korea's Samsung Heavy Industries said Wednesday it had signed a memorandum of understanding with Malaysia's MISC to jointly develop floating CO2 storage units.The Floating CO2 Storage Unit (FCSU) is a new concept of offshore unit that…

UAE Names ADNOC Chief Jaber as COP28 Climate Conference President

Jan 12, 2023

The United Arab Emirates said on Thursday that Sultan al-Jaber, the head of state oil giant ADNOC, would act as president of the COP28 climate conference it is hosting this year. Jaber, also UAE's minister of industry and technology and its climate envoy…

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…

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…

Japan's JOGMEC Renamed in Shift to National Decarbonisation Role

Nov 14, 2022

State-owned Japan Oil, Gas and Metals National Corp (JOGMEC) said on Monday it has been renamed Japan Organization for Metals and Energy Security and will provide equity investment to back the production and storage of hydrogen and ammonia. The…

Chevron, Japan's MOL to Study CO2 Transportation from Singapore to Subsea Storage in Australia

Nov 10, 2022

Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide from Singapore to permanent storage locations offshore Australia. Chevron New Energies International Pte…

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

Japan's JERA to Buy Belgium's Top Offshore Wind Firm for $1.7B

Japan's JERA to Buy Belgium's Top Offshore Wind Firm for $1.7B

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

NYK's First Domestic CTV Named "Rera As"

NYK's First Domestic CTV Named "Rera As"

Chevron Suspends Production at Thai Oil Field after Fatal Accident

Chevron Suspends Production at Thai Oil Field after Fatal Accident

Malaysia: Petra Energy Wins Work for Accommodation Workboat

Malaysia: Petra Energy Wins Work for Accommodation Workboat

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Thailand Rushes to Avert Spill After Fatal Accident on Oil Storage Ship

Thailand Rushes to Avert Spill After Fatal Accident on Oil Storage Ship
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