Norwegian shipbuilder VARD, a subsidiary of Italian shipbuilding company Fincantieri, has signed a memorandum […] The post VARD sets up strategic partnership with Norwegian research institute appeared first on Offshore Energy.
UK-headquartered energy giant BP has revealed changes to its leadership team as its current Chief Executive Officer (CEO) resigns from the role, which will be handed over to an interim one until the current CEO of Australia’s energy giant Woodside wraps her current job and can take over the same role at the British firm. The post Woodside’s CEO steps down to take the reins at BP appeared first on Offshore Energy.
Denmark has issued its first-ever approval for a full-scale CO2 storage facility, clearing the […] The post Denmark grants its first-ever approval for CO2 storage facility appeared first on Offshore Energy.
DNO, a Norwegian oil and gas operator, has secured oil offtake agreements with subsidiaries of U.S.-headquartered ExxonMobil and the UK-based Shell. The post Shell and ExxonMobil strike North Sea oil offtake deals with DNO appeared first on Offshore Energy.
Spanish bound4blue has completed the installation of what it says is the largest suction […] The post Spain: Record 22-meter suction sail installed on general cargo vessel (Video) appeared first on Offshore Energy.
Marinus Link Pty Ltd (MLPL) has executed its major works contract with a joint […] The post Major works contract marks final step for construction start at Australian interconnector appeared first on Offshore Energy.
Proton Ventures, a Dutch player in the clean ammonia arena, has established a new development company with Norway’s independent clean energy company Barents Blue, previously a subsidiary of Horisont Energi, to bring to life a clean ammonia project, said to be Europe’s largest clean ammonia production plant, located in Finnmark, Northern Norway. The post Duo pooling resources to breathe life into Europe’s largest clean ammonia project appeared first on Offshore Energy.
The U.S. Office of Fossil Energy and Carbon Management has received an application from ST LNG for a long-term, multi-contract authorization to export domestically produced liquefied natural gas (LNG) up to the equivalent of 460 billion cubic feet of natural gas per year to free trade agreement (FTA) and non-free trade agreement (non-FTA) countries. The post Proposed US deepwater port terminal seeks LNG export permit to 2050 appeared first on Offshore Energy.
Global carbon dioxide capture capacity at coal-using facilities stands at approximately 10 million tonnes per annum (mtpa), representing just 0.06% of total coal-related emissions, according to a new International Energy Agency (IEA) report. The volumes underline the challenges in transiting to clean energy and cutting emissions. Last year coal production contributed to 135 million tonnes of CO2 equivalent emissions (CO2e) and global coal demand is on course to rise by 0.5% in 2025, reaching a record 8.85 billion tonnes, according to the IEA. North America continues to lead in total installed capture capacity, accounting for more than half of the global total. The region hosts three of the four largest operating projects: the Great Plains synfuel project, with a capacity of 3 Mt CO2 per year; the Petra Nova coal power project, which resumed operations in 2023 and captures 1.4 Mt CO2 annually; and in… Read More »CCUS deployment in coal shows limited progress | CCUS
Vår Energi, a Norwegian oil and gas operator, has put into production mode another addition to an oil project in the North Sea off the coast of Norway. The post Fifth chapter of North Sea oil project’s book now online appeared first on Offshore Energy.