Sustainability

Cost-efficient emissions reductions of up to 87% on offshore oil and gas platforms could be achieved using alternative power sources, according to the winners of a competition launched to accelerate electrification of oil and gas assets in the North Sea.  

Carbon Capture and Storage (CCS) will be an essential pathway as industries move to net zero. The ability to handle CO2 at both emission sources and directly from air, together with long-term storage in the subsurface, make CCS a crucial part of the energy transition. Join AspenTech experts to learn how innovations in digital technology support end-to-end CCS, with faster, widespread scale-up and improvements in economics and efficiency. Learn how you and your teams can: - Use rigorous modeling and economic analysis for rapid design and scale-up of carbon capture processes - Evaluate all current and new technology areas (such as liquid and physical solvent absorption, zeolites, membranes and other approaches) to find the most viable solution for your use cases - Leverage subsurface models to select depleted reservoirs and aquifers for CO2 storage that meet technical and economic criteria - Support optimized control and ongoing operator training to reduce risks and ensure proper CO2 storage You’ll see how chemical simulation models evaluate CCS approaches, such as converting CO2 to carbonates. Now is the time to adopt an end-to-end carbon capture and storage solution tailored to your needs. We encourage you to join the conversation by submitting questions when registering for the event.

ABB has been contracted by engineering, procurement, and construction contractor Aker Solutions to deliver the main electrical, automation and safety systems for Norway’s Northern Lights project.

EIG, an institutional investor to the global energy and infrastructure sectors, announced it has signed a memorandum of understanding (MoU) with Aramco to collaborate on future energy projects.

Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. announced the signing of a Cooperation Agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.

ExxonMobil announced a unique process technology to enable the manufacture of sustainable aviation fuel (SAF) from renewable methanol.

Energy Workforce & Technology Council submitted comments to the SEC regarding the proposed rules that require expanded greenhouse gas reporting from publicly and some privately traded companies.

Solstad Offshore, DeepOcean Group and Østensjø Group have joined forces to fast-track the adoption of remotely managed services to drive down operating costs and emissions for the marine and offshore industries.

Gulf Energy Information, producer of the Carbon Intel Forum, is pleased to announce that Aramco Americas will be Host Sponsor for the 2022 event to take place September 28 – 29 in Houston, Texas.

In a move strongly endorsed by Offshore Energies UK it has launched the UK’s first-ever carbon storage licensing round, offering 13 areas of the seabed as potential sites for permanently storing millions of tons of CO2.

The NSTA has launched this carbon storage licensing round in response to unprecedented levels of interest from companies eager to enter the market.

Fairfield Energy announced the end of an era with the removal of the topsides from Dunlin Alpha. This is the latest milestone in the decommissioning of the four fields which make up the Greater Dunlin Area.

The Democratic Republic of Congo’s plan to auction oil exploration blocks next month threatens to disrupt some of the world’s most important carbon sinks and could jeopardize a $500 million forest preservation agreement.

Energy Workforce & Technology Council CEO Leslie Beyer responded to House Republicans' six-part energy strategy, saying they applaud the House Energy, Climate, and Conservation task force for bringing the focus back to an 'emissions reduction' strategy.

How the UK government finds itself mounting a tax raid on the oil and gas industry, while simultaneously breaking a promise not to offer fossil fuel producers incentives to drill more, shows how the invasion of Ukraine has turned the world of energy on its head.

A Nigerian lawyer warned that international oil companies divesting from the West African country will abandon their obligations to compensate and clean up communities polluted by decades of crude production.

Honeywell announced an Emissions Control & Reduction Initiative designed to help customers achieve carbon neutrality in a wide range of areas.

The OU team designed and proposed a system to repurpose six abandoned oil and gas wells in Shawnee, Oklahoma, to provide clean, renewable geothermal energy for more than 730,449 square feet of educational and municipal buildings.

Energy companies will need to provide updates each quarter on how they’re boosting clean energy investments in order to avoid a UK windfall tax on their surging oil and gas earnings, British government minister Alok Sharma said.

Billions of pounds of investments aimed at building the UK’s net zero energy infrastructure could be diverted to other countries if politicians keep threatening to impose windfall taxes, the chief executive of Offshore Energies UK warns.