Aquaterra Energy’s existing management team has taken ownership of the UK-based offshore well access and field development company. The company said the change keeps its strategy and leadership in place and gives it a platform for its next phase of growth. Aquaterra has secured financing from HSBC and plans to keep investing in well access […]
Canada, Alberta and five major oil sands producers are advancing a framework that links future production growth and expanded export capacity with the Pathways carbon capture and storage (CCS) project and broader emissions reductions.
Texas Railroad Commissioner Wayne Christian voted against ExxonMobil’s Rose carbon capture and storage (CCS) permit on Tuesday, raising concerns about the project’s long-term safety and questioning the economics and purpose of government-supported carbon storage. The Railroad Commission of Texas approved the permit in a 2–1 vote. The Rose project in Jefferson County calls for three […]
After the transaction, which is subject to customary conditions including regulatory approvals, the French energy giant will retain 45 percent as operator. Danish state-owned oil and gas producer Nordsofonden owns the remaining 20 percent.
Halliburton will manufacture and deliver the majority of the equipment required for this project from its U.K. completion manufacturing facility in Arbroath. For more than 50 years, the center has supported North Sea operations and provides on-site product development and testing resources alongside advanced manufacturing capabilities to support efficient production and the delivery of equipment.
The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the waste incineration site. It also includes an intermediate CO2 storage and ship loading system at Oslo harbor.
Flowserve has been awarded a contract to supply Dry Gas Seals and Dry Gas Seal Systems to support a groundbreaking initiative for ADNOC. ADNOC’s large-scale CCS project aims to capture 1.5 million tons of carbon dioxide annually.
Saudi Arabian Oil Co. (Aramco) has signed a shareholder agreement with two companies to build a carbon capture and storage (CCS) hub in Saudi Arabia with an initial capacity of nine million metric tons per annum (MMtpa).
On 23 July 2024, the Commission published revised Guidance Documents (GDs) supporting the implementation of Directive 2009/31/EC on the geological storage of carbon dioxide (CCS Directive). These updates were prepared with the support of an independent energy expert and assurance provider DNV, and aim to streamline permitting procedures and support sustainable CO2 storage solutions in the European Economic Area (EEA).
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Blue hydrogen and LNG import-reliant gas-CCUS projects could derail the UK’s net zero target and exhaust the carbon budget, Carbon Tracker analysts have reported.