Energy Transition
News
August 18, 2023
Aker Solutions provided engineering and project management support, while the cable installation was performed utilizing competence and resources from DeepOcean. The main installation vessel, Solstad Offshore’s Normand Sapphire, was mobilized from Norway.
News
August 18, 2023
The license has the potential to store nine million tons of CO2 annually. This corresponds to approximately 20% of Norway’s annual CO2 emissions.
News
August 16, 2023
Railroad Commissioner Wayne Christian sent a letter to Texas Governor Greg Abbott and Land Commissioner Dawn Buckingham voicing his opposition to the installation of offshore wind farms in the Gulf of Mexico after the Biden Administration announced plans to auction off more than 300,000 acres for offshore wind energy.
News
August 16, 2023
Acquiring Carbon Engineering aligns with Occidental’s integrated net-zero strategy and provides Occidental, through its 1PointFive subsidiary, the opportunity to rapidly advance DAC technology breakthroughs and accelerate deployment of DAC as a large-scale, cost effective, global carbon removal solution.
News
August 15, 2023
The Camelot license’s annual storage potential is up to 6 million tonnes and provides a significant and valuable contribution to the CO2 abatement potential in the UK.
News
August 15, 2023
Apache Corp., confident in its oil discovery with TotalEnergies SE off Suriname’s coast, is pursuing further discussions for a floating liquefied natural gas (LNG) site in cooperation with neighboring Guyana, an Apache executive told analysts and investors.
News
August 14, 2023
1PointFive estimates that the Hub has the potential to remove and store up to 30 million metric tons of CO2 per year through DAC. The property is located near industrial emitters on the Texas Gulf Coast, where CO2 also can be captured, transported and securely sequestered at the Hub.
News
August 14, 2023
Pioneer Energy, Inc. have completed a successful field trial of their new Emission Control Treater (ECT) technology. The pilot demonstrated nearly complete elimination of well pad emissions with autonomous and reliable operations, and an 11.3% increase in crude yield.
News
August 14, 2023
These insights derived from a new industry report reveal that failure to standardize and centralize data is causing contractors to miss budgets and timelines for project delivery, obstructing handovers between owners and contractors, while impeding the cross-sector collaboration needed for new energy projects.
News
August 11, 2023
Rovco’s scope of work involves the acquisition of geophysical and benthic information to provide detailed data to inform environmental impact assessment (EIA) consents and the engineering processes from engineering to early front-end engineering and design (FEED) study.
News
August 10, 2023
The first contract has been awarded to Saipem by Eni Congo for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and boosting plant.
News
August 10, 2023
European natural gas fluctuated Thursday as traders weighed the prospects of any major impact and erased some of the 28% surge the previous day — a move not seen since the early weeks of the Russian invasion of Ukraine last year that upended global supply of the fuel.
News
August 09, 2023
Together, LanzaTech’s carbon capture and utilization technology with Technip Energies’ Hummingbird technology transform waste carbon into ethylene, the most common building block in petrochemicals.
News
August 08, 2023
Scarborough, which will drill gas offshore and process it at an expanded plant on the Burrup Peninsula in Western Australia, is forecast to produce as much as 8 million tons of LNG a year.
News
August 08, 2023
Replacing on-site gas turbine generators with power from shore will slash carbon dioxide emissions from the facility by 850,000 tons annually after its planned completion, equal to 13% of the 55% cut in carbon emissions pledged by Norway’s oil and gas sector, according to Equinor.
News
August 07, 2023
The collaboration between Saitec Offshore Technologies, RWE Offshore Wind, and now KEPCO, creates a powerful alliance that will drive innovation, accelerate the commercialization of the SATH floating wind solution, and contribute to the transition towards a more sustainable energy future.
News
August 07, 2023
bp is considering building two offshore wind farms in the Irish Sea without any support from the government — marking a first for the sector where development has been hindered by rising costs.
News
August 07, 2023
The project has the potential to reduce the absolute emissions and emissions intensity of Australian and Timor-Leste gas and LNG projects, as well as other hard to abate industries in the region.
News
August 04, 2023
Tourmaline said late on Wednesday that it’s joining Rockies LNG, a group of producers working on the 12 million-metric-ton-per-year Ksi Lisims project on the northern edge of British Columbia’s Pacific coast.
News
August 04, 2023
Under a 20-year agreement, ConocoPhillips will buy approximately 2.2 million tons of LNG annually from Mexico Pacific Limited LLC, the companies said in a statement Thursday.
