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Decarbonization News

 

COVID Accelerates Offshore Energy’s Digital Path

Jan 14, 2022

With an annual R&D budget in excess of a billion Euros, Siemens Energy is well-positioned to drive substantial digital evolution in the offshore energy space. From unmanned offshore rigs to optimized maintenance to decarbonization, digitalization sits at the center. Arja Talakar, SVP, Siemens Energy Industrial Applications Products and Elgonda La Grange, Strategy Manager, Digital Solutions Siemens Energy Industrial Applications discuss the possibilities…

Petronas, Shell Exploring Offshore Carbon Capture And Storage in Malaysia

Jan 11, 2022

Malaysian oil and gas company Petronas has signed a collaboration deal with oil major Shell to explore opportunities and project collaborations in carbon capture and storage (CCS) space in Malaysia.The two companies will carry out a CCS Area…

ADNOC, TAQA Launch $3.6B Project to Decarbonize Offshore Production Ops

Dec 22, 2021

UAE-based oil and gas companies ADNOC and TAQA on Wednesday announced a $3.6 billion strategic project to 'significantly decarbonize' ADNOC’s offshore production operations.The companies said the project would see the development and operation of a first-of-its-kind high-voltage…

Rosneft Sets Goal to Achieve Net-zero Emissions by 2050

Dec 21, 2021

Russia's largest oil producer Rosneft said on Tuesday that its board has approved new strategy through to 2030 with the aim of achieving net-zero emissions by 2050, earlier than President Vladimir Putin's deadline.Climate scientists have said…

ADNOC Taps Technip Energies to Optimize Ghasha Project Costs, Add Carbon Capture

Dec 08, 2021

Abu Dhabi National Oil Company (ADNOC) has awarded Technip Energies a contract to update the Front-End Engineering Design (FEED) for the Ghasha mega project including accelerating the integration of carbon capture into the development.This project…

Woodside to invest $5B in New Energy by 2030

Dec 08, 2021

Australia's Woodside Petroleum Ltd plans to invest $5 billion by 2030 mainly in hydrogen, in line with a global push for cleaner energy, armed with cash flow from its planned merger with BHP Group's petroleum arm.Woodside Chief Executive Meg O'Neill outlined her energy transition plan on Wednesday…

Nippon Foundation, DeepStar Launch Joint Decarbonization R&D Program

Dec 06, 2021

The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment…

Hydrogen's Many Colors

Nov 19, 2021

Industries including energy, steel, and chemicals are looking to develop large-scale hydrogen applications to help reduce carbon emissions and avert global warming.Although hydrogen is the most abundant element in the universe, it's very scarce as a gas…

Chevron, Partners to Fork Out for Carbon Offsets for Gorgon LNG Carbon Capture Shortfall

Nov 12, 2021

Chevron Corp and its partners in the Gorgon liquefied natural gas (LNG) project in Western Australia have agreed to buy carbon credits likely to cost more than $180 million as a penalty for failing to meet a five-year target for carbon capture and storage (CCS)…

Mitsubishi, MOL Complete Liquefied CO2 Carrier Study

Nov 10, 2021

Japan's Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has completed a concept study with Mitsui O.S.K. Lines (MOL) regarding liquefied CO2 (LCO2) carriers. The project will combine Mitsubishi Shipbuilding's gas…

More Net than Zero: Do Carbon-cutting Promises Add Up for the Climate?

Nov 09, 2021

The growing avalanche of governments and companies committing to cut their climate-changing carbon pollution to net zero now covers 88% of global emissions, according to a tracker run by leading climate analysis groups.But those pledges do not…

Petronas, Exxon to Explore CCS Opportunities in Malaysia

Nov 09, 2021

Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonize the country's upstream industry…

India's Top Oil Refiner Plans 10,000 Electric Car Charging Stations

Nov 03, 2021

Indian Oil Corp (IOC) will set up 10,000 electric vehicle charging stations in the next three years and is drawing up plans to cut greenhouse gas emissions from its operations to aid the country's net-zero carbon target by 2070, its chairman said on Wednesday…

McDermott, Shell in MoU to Decarbonize Construction

Nov 03, 2021

Offshore installation and construction company McDermott has signed a memorandum of understanding with Shell Eastern Petroleum Pte Ltd (Shell), a subsidiary of Shell, to collaborate on decarbonizing construction. 'The agreement enables McDermott and Shell to explore opportunities for reducing…

Pertamina, ExxonMobil Exploring Carbon Capture Storage in Indonesia

Nov 02, 2021

Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.A memorandum of understanding…

Current News

COVID Accelerates Offshore Energy’s Digital Path

COVID Accelerates Offshore Energy’s Digital Path

Bumi Armada Winds Up Dormant Subsidiaries

Bumi Armada Winds Up Dormant Subsidiaries

Chevron Orders $553M Offshore Facility from DSME for Australian Gas Project

Chevron Orders $553M Offshore Facility from DSME for Australian Gas Project

Malaysia's HGIS Uses Ocean Alpha USV for Shell Pipeline Survey

Malaysia's HGIS Uses Ocean Alpha USV for Shell Pipeline Survey

MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

MMA Offshore Upgrades Vessel to Support Taiwanese Offshore Wind Market

Australia: Gas Production Starts from Beach Energy's Geographe Offshore Wells

Australia: Gas Production Starts from Beach Energy's Geographe Offshore Wells

Iberdrola Joins Five Early-Stage Offshore Wind Projects in the Philippines

Iberdrola Joins Five Early-Stage Offshore Wind Projects in the Philippines
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