Oil worker trades the North Sea for the Seven Wonders of the World
Former oil worker Andrew Morrissey has traded the North Sea for travel around the Seven Wonders of the World.
CCS
Carbon Capture Storage News
OML 130 drilling faces legal battle, threat to seize Noble rig
“Our rig is still available,” a Palmeron official said. “We believe the contract should be ours. If we do it, we would be the first local contractor in Africa to do drilling. We want the IOCs and the world to encourage us,” he continued.
Energy bodies warn green growth at ‘severe risk’ without new support
A group of trade associations from across the energy sector have written to the Chancellor urging him to prioritise incentives for green growth as part of the Spring Budget.
Gepetrol head takes over ministry, with Obiang Lima out
OPEC appointed Obiang Lima president for 2023. He is also the head of the Gas Exporting Countries Forum (GECF). For now, he continues to hold both those positions.
Aker Solutions-DP World venture signs contract for Rosebank FPSO work
Drydocks World and Aker Solutions have signed off a contract with Altera Infrastructure for work to upgrade the vessel used to develop the Rosebank field.
Ithaca books Stena Spey for summer 2023
Ithaca Energy (LON:ITH) has signed a new contract with Stena Drilling for a campaign beginning later this year.
All CCS Posts
Energy secretary calls for ‘concrete timeline’ on Track 2 CCUS projects
Scottish politicians have again pressed the UK government for certainty over the timeline for a major north-east carbon capture and storage project.
NSTA sets up new carbon storage team ahead of licence announcement within ‘weeks’
The North Sea Transition Authority (NSTA) is to fill out a new, dedicated carbon storage team ahead of the results of the UK’s first CCS licensing round.
Aberdeen in line for jobs boost as Spirit unveils plans to repurpose gas fields
Spirit Energy has confirmed plans to repurpose offshore gas fields for emissions storage, in a move it claims will support thousands of jobs.
Equinor awards Linde major FEED contract for H2H Saltend project
Equinor (OLSO: EQNR) has awarded a front-end engineering design (FEED) contract for its H2H Saltend project to Linde Engineering.
Eni, NOC kick off $8bn gas project offshore Libya
Mellitah is the origin point for the Greenstream pipeline, which carries gas from Libya to Italy, via Sicily.
Sasol, Sonatrach team up for green hydrogen work
Sasol and Sonatrach have teamed up to work on the production of low-carbon hydrogen and synthetic gas in Sicily.
Sturgeon ‘cautiously optimistic’ about Acorn ahead of key CCS update
Scotland’s First Minister is upbeat about the prospects for a major north-east decarbonistion project, amid growing uncertainty about its future.
BP-Orsted project overlap ‘not feasible’, developers say
A dispute between BP and Orsted over an area of seabed earmarked for both carbon storage and offshore wind is set to come to a head this year as both approach key milestones.
Honeywell wins CCS technology deal in Thailand for PTTEP
Honeywell has been selected as the carbon capture technology provider for PTT Exploration & Production (PTTEP) at the Arthit carbon capture and storage (CCS) project for the Arthit gas field in the Gulf of Thailand.
Adnoc strikes carbon-to-rock deal with 44.01
Adnoc has struck a deal with 44.01 to bring technology to Fujairah to transform CO2 into rock.
Investors could ‘withdraw’ from Acorn CCS project over delays – Matheson
Meanwhile the UK Government has pledged an update on Track 2 - part of its £1bn carbon capture fund - in spring.
CCS: the 1,000-year challenge
Screening legacy wells can be more important than 3D seismic when picking storage areas, Elaine Campbell said. “They provide valuable data but they’re also likely to be the highest risk to containment,” the Storegga official said.
Low-carbon investments to rise by $60bn in 2023 as hydrogen and CCUS spending surges
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments, but helped by a significant rise in funding for hydrogen and carbon capture, utilisation and storage (CCUS) infrastructure, Rystad Energy research shows.
Norway confirms carbon storage bids alongside new acreage offer
The Norwegian government said it had received six applications for permits for offshore CO2 storage, and offered new acreage as it seeks to build a “new commercial industry” around CCS.
SNP energy secretary slams ‘money wasting’ delays to north-east carbon capture scheme
The UK Government has been accused of putting jobs in the north-east at risk after delays to carbon capture funding.
Onshore terminal selected for major Norwegian CCS project
Plans for a major European carbon capture and storage (CCS) project have taken a step forward with the signing of an option agreement for an onshore terminal.
Adnoc to invest $15bn in low carbon drive
The company aims to capture 5 million tonnes per year of CO2 by 2030, it has said. Adnoc’s Al Reyadah facility captures 800,000 tpy currently. The next major investment will come at the Habshan gas processing facility, using local geology.
Azuli signs up Korean interest with eye on US CCS options
“We’re not interested in a regulated asset model, not at a fixed 5% return,” he continued. Investors have to be able to cover failures through higher returns on their successes. “We’re looking at returns into the teens on returns.”
Worley unit bags work on Teesside net zero cluster for BP
Worley’s consulting business Advisian has secured a contract from BP to advise on a pair of projects central to the decarbonisation cluster in the north east of England.
CCS4G Symposium – Super Critical Connections
In many ways the CCS world with its wells, reservoirs and sealing cap-rocks will be familiar to PESGB members.
SSE, Equinor granted UK-first approval for Keadby carbon capture power station
The Keadby 3 carbon capture power station in the Humber has become the first power and CCS project in the UK to receive planning permission.
Exxon aims for low-cost growth in five-year plan
ExxonMobil has set out plans to focus on high return, low cost projects in the Permian Basin, Guyana, Brazil and LNG internationally.
Adnoc stakes its claim to meet the world’s energy needs
Adnoc has the goal of being the world’s lowest-cost oil producer of choice. Unlike some of its IOC competitors, struggling to come to terms with the demands of meeting today’s energy needs and tomorrow’s transition, it is willing to put the money in.
Denmark grants first permit for CO2 storage
The Danish Energy Agency has granted permission for CO2 injection and storage to begin at the country’s Greensand pilot project, as part of an initial four-month trial.
Wintershall Dea backs CO2 hub in Danish North Sea
Wintershall Dea is to join a consortium developing a greenport hub on the Danish coast, linked to the country’s flagship Greensand carbon capture scheme.
