According to RenewableUK  the total pipeline of floating offshore wind projects has grown significantly in the last 12 months in terms of capacity from 185 gigawatts a year ago to 244GW now – a 32% increase. The number of projects has increased globally during that time from 230 to 285. The pipeline includes projects at […]

SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs. The agreement follows a successful engineering and design study between the companies demonstrating the […]

Woodside Energy has signed a non-binding Memorandum of Understanding (MOU) with three Japanese companies to enable studies of a potential carbon, capture and storage (CCS) value chain between Japan and Australia. Under the MOU, Sumitomo Corporation, Toho Gas Co., Ltd. and Kawasaki Kisen Kaisha, Ltd. will study the capture, storage and transportation of carbon dioxide […]

Woodside has signed a non-binding Memorandum of Understanding (MOU) with Kansai Electric Power Co. (KEPCO), to enable studies of a potential carbon, capture and storage (CCS) value chain between Japan and Australia. Under the MOU, KEPCO plans to research the capture of carbon dioxide (CO2) emitted from its thermal power plants and its transport to […]

Shell Energy Europe Limited   has signed a 15-year power purchase agreement with HANSAINVEST Real Assets to secure 600 megawatts (MW) of capacity at Germany’s largest solar project. Microsoft has already secured 323 MW of this renewable energy capacity from Shell. The Witznitz Energy Park, which is being constructed by MOVE ON Energy on the site […]

Crown Prince Haakon of Norway connecting two cables to mark the official opening of the Hywind Tampen wind farm. The Hywind Tampen wind farm has been commissioned by Crown Prince Haakon of Norway. Gullfaks and Snorre are the first oil and gas fields in the world to receive power from offshore wind, reducing CO2 emissions. “Hywind […]

TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project). Located 120 km offshore Bergen in 200 m water depth, ExL004 covers an area of 453 sq.km. It is adjacent […]

In April, Chevron took a road trip across approximately 1,000 miles of the U.S. Gulf Coast to showcase our innovative fuel prototype that could reduce the lifecycle carbon intensity of vehicles on the road today. Chevron filled three Toyota vehicles with Chevron renewable gasoline blend and drove from Mississippi to Texas. The Camry, RAV4 and […]

Neptune Energy said that The Norwegian Ministry of Petroleum and Energy has awarded the Trudvang carbon storage licence to Sval which will partner with Neptune and Storegga. The Trudvang area has the potential to store up to nine million tonnes of CO2 annually for at least 25 years – a total of 225 million tons – with […]

Advanced Ionics, the developer of a new category of hydrogen electrolyzers useful for expanding green hydrogen production, closed a $12.5 million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate. The new capital will help catalyze Advanced Ionics’ growth and facilitate the initial deployment […]