A subsidiary of Malaysia’s energy giant Petronas has awarded Abu Dhabi’s National Petroleum Construction Company the FEED contract for an offshore Carbon Capture and Storage project at the Kasawari gas field off Sarawak, Malaysia. This is rated as one of the world’s largest offshore CCS projects. National Petroleum Construction Co. – this is its first project […]

Equinor has been awarded the operatorships for the development of the CO2 storages Smeaheia in the North Sea and Polaris in the Barents Sea. The two licenses are important building blocks for developing the Norwegian continental shelf into a leading province for CO2 storage in Europe. On Tuesday 05 April, the Ministry of Petroleum and Energy announced […]

ExxonMobil has made a final investment decision to expand carbon capture and storage at its LaBarge, Wyoming, facility, which has captured more CO2 than any other facility in the world to date. The expansion project will capture up to 1.2 million metric tons of CO2, in addition to the 6-7 million metric tons captured at LaBarge […]

The quest to reduce greenhouse emission in Nigeria through carbon capture, storage and usage CCUS has recently received financial backing from the World Bank and its subsidiary, the International Finance Corporation (IFC). The global financial giants have mapped out strategic plan to support Nigeria in setting up a local market for the capture, use and […]

Karoon Energy said it has entered into a long term, fixed price agreement with Shell to purchase credits to offset carbon emissions at the Baúna-Patola development in the Santos Basin, offshore Brazil. KaroonPetróleo e GásLtda, a wholly-owned subsidiary of Karoon Energy, has entered into an agreement with Shell Western Supply and Trading Limited (SWST) to […]

Carbon capture and storage (CCS) is a technology that safely captures CO2 at industrial sources, transports it and injects it permanently deep into the earth, diverting it from the atmosphere and limiting the impact it has on the environment. Large-scale carbon capture opportunities are in the works around the world, from Houston to Rotterdam to Singapore. […]

Tokyo, November 9, 2021 – Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line) have agreed to jointly develop a large-scale liquefied CO2 (LCO2) carrier. To facilitate the development of technologies for transporting CO2 using large vessels, this project will combine Mitsubishi Shipbuilding’s advanced gas handling technologies accumulated through […]

ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26. The companies have agreed to assess the potential […]

When it comes to technology that’s essential to reducing industrial CO2 emissions, all eyes are on carbon capture and storage, or CCS. And it’s easy to understand why. CCS is the process of capturing CO2 from industrial activities that would otherwise be released into the atmosphere then injecting that CO2 into deep geologic formations for safe, secure and […]

Scottish Cluster of decarbonisation projects, an agreement with Project Cavendish, could see 700MW of energy generation in South East England decarbonised through the Acorn CO2 transport and storage systemaccording to the latest expansion Plan The MoU signed with Peterhead Port Authority will help facilitate this critical cross-border collaboration, opening up the Acorn CO2 transport and storage system […]