Six South Korean companies and Malaysian state-owned energy company Petronas have agreed to work together to look at the feasibility of a cross border carbon capture and storage project in what's been called Asia鈥檚 first CCS hub project. Under a memorandum of understanding (MOU)鈥
Japanese oil and gas company Inpex said Friday it had signed a statement of commitment to a net zero emissions future with the government of Australia鈥檚 Northern Territory, where the Ichthys LNG Project鈥檚 onshore gas liquefaction plant is located鈥
Norway's Equinor and Belgium's Fluxys plan to build a 1,000-km (620-mile) pipeline to transport CO2 captured on the European continent for storage underneath the North Sea [on the Norwegian continental shelf], the two companies said on Wednesday鈥
Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Rosewood Exploration and EBN Capital B.V. signed a cooperation agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.The agreement鈥
A consortium of Aker Solutions, Siemens Energy and Doosan Babcock has been awarded the front-end engineering and design (FEED) contract for SSE Thermal and Equinor鈥檚 proposed Keadby 3 Carbon Capture Power Station, which could become the UK鈥檚 first power station with carbon capture and storage鈥
The UK-based North Sea Transition Authority (NSTA) on Tuesday launched UK鈥檚 first-ever carbon storage licensing round with 13 areas available.鈥'The new carbon storage areas, alongside the six licences which have been issued previously, could鈥
Marine seismic survey firm Shearwater GeoServices has won a contract in the UK related to a carbon capture and storage project.The project, awarded by BP on behalf of the Northern Endurance Partnership (NEP), is for geophysical data processing and imaging to advance the East Coast Cluster鈥
Reimagining uses for innovative technologies originally designed for critical service in subsea developments could open the door to safer CO2 storage and usage.The energy transition occurring worldwide is redefining energy production and consumption鈥
U.S. oil companies Chevron and Talos and carbon capture & storage project development & finance company Carbonvert have signed a memorandum of understanding (鈥淢OU鈥) for an expanded joint venture to develop the Bayou Bend CCS offshore carbon鈥
Norwegian company CCB Energy which is working to build a green industrial park at the Energy Park in Øygarden municipality, Norway, is partnering up with carbon capture and storage joint venture Northern Lights to develop a CO2 value chain for the local and regional industry in the area鈥
ExxonMobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday.That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then鈥
Flowserve Corporation has won a contract to provide control valves for a portion of Norway鈥檚 first cross-border and open-source carbon capture and storage facility. 'With an estimated 2024 completion, this facility will be the first of its kind鈥
Oilfield services firm Halliburton has won a contract with oil and gas firm Energean to assess the carbon storage potential of the Prinos basin in Greece.Halliburton said this week that its carbon capture, utilization, and storage (CCUS) experts鈥
Australian carbon capture and storage firm deepC Store (dCS) said Wednesday it had with JX Nippon Oil & Gas Exploration Corporation (JX NOEX) submitted a joint bid for a Greenhouse Gas Assessment Permit for a Greenhouse Gas Storage Acreage Release Area in offshore Australia鈥
With increasing pressure on the oil and gas industry to cut its emissions footprint, Neptune Energy said it aims to go beyond net zero and store more carbon than is emitted from its operations and the use of its sold products by 2030.According to the company鈥
