GMB Scotland blames “failure of government” for Forties oil flow decline
GMB Scotland has said a "failure of government" is the cause of a major reduction in North Sea oil flowing through the Forties Pipeline System (FPS).
CCS
Carbon Capture Storage News
‘Billions’ of investment threatened by two-year delay to Scottish Energy Strategy
Renewables advocates say a two-year delay to the Scottish Government’s key plans for energy and just transition is putting billions of pounds of investment at risk.
Baker Hughes secures two long-term contracts from Norway’s Vår Energi
American energy technology company Baker Hughes (NASDAQ: BKR) has expanded its North Sea presence after securing two long-term contracts with Vår Energi.
Savannah battles challenges, pushes back South Sudan
Savannah struck a deal to acquire Petronas’ South Sudan assets in December 2022. It had hoped to publish its AIM admission documents on the deal by September 30. Today, it has pushed that back to the fourth quarter of the year.
Opinion: How Scotland’s Climate Week mantra can help to bridge the gap to net zero
A lot has been made in recent days about the UK’s position as a leader on climate change.
Investment ‘stigma’ of oil and gas must be overcome for a quicker energy transition
Oil and gas service sector companies are finding it harder to source private equity investment potentially jeopardising a successful - and speedy - energy transition.
All CCS Posts
Opinion: How Scotland’s Climate Week mantra can help to bridge the gap to net zero
A lot has been made in recent days about the UK’s position as a leader on climate change.
Spirit Energy CCS cluster in team-up with cement industry
A carbon capture and storage (CCS) cluster led by North Sea operator Spirit Energy has announced a team up with the cement industry.
UK carbon capture projects consider move overseas over funding delays
Several carbon capture and storage (CCS) projects in the UK are considering a move out of the UK to more favourable conditions overseas, a trade body has warned.
Worley takes CCS design win in Qatar
The CCS plant will be able to capture 4.3 million tonnes per year of CO2. It will capture emissions from seven trains at Qatargas North and three trains at Qatargas South.
Scottish research to explore combined wind and wave energy platforms
A new study will determine the potential for shared floating platforms used by offshore wind and wave energy devices.
Shell pushes on with CCS in Southern North Sea transformation
It comes weeks after the firm received final bids for its SNS gas fields, and after exiting the Northern Endurance carbon capture and storage project.
SBM, MHI team up on carbon capture for FPSOs
“The technology, which we are now able to offer clients, is an essential solution to substantially reduce the carbon footprint of our FPSOs."
NSTA confirms 14 companies accept licences in first CO2 storage round
The North Sea Transition Authority (NSTA) has confirmed the final list of companies which have accepted licences following the UK’s first ever carbon storage licensing round.
Major expansion for Acorn CCS in Aberdeenshire with new carbon storage licences
The Acorn CCS project in Aberdeenshire is to expand after being awarded fresh carbon storage licences in the North Sea.
Woodside launches CCS study with Japanese industry
Woodside Energy is to explore options for potential carbon capture and storage (CCS) routes with a trio of Japanese industrial giants.
Talent and timing: Can Aberdeen’s oil and gas skills make the energy transition?
A huge energy transition opportunity awaits, meantime Aberdeen needs to retain its oil and gas skills base.
Adnoc takes FID on major CCS project
“This landmark project, is one of many tangible initiatives that Adnoc is delivering as we accelerate our decarbonisation plan to meet our Net Zero by 2045 ambition.”
WSP reappointed to advise government on the UK’s CCUS plans
The UK government has reappointed professional services consultancy WSP to advise on the delivery of the country’s Carbon Capture, Utilisation and Storage (CCUS) programme.
Harbour Energy calls for CCS investment incentive amid windfall tax woes
Harbour Energy (LON: HBR) chief executive Linda Cook told investors that her firm will lobby government to include carbon capture and storage (CCS) spending in windfall tax allowances.
Neighbors don’t want to be ‘test dummies’ for Biden’s carbon removal hubs
Roishetta Ozane knows a thing or two about pollution.
UK fund proposed to respond to US Inflation Reduction Act
The UK will fall further behind the US on green technologies without a national investment fund to help turn start-ups into the companies of tomorrow, a leading think-tank has warned.
Allowing its engineers to ‘shine’ gives Wood the edge in the CCS market
Chief executive of Wood (LON:WG), Ken Gilmartin, says that his firm's growth in carbon capture comes from picking work that allows its “subject matter experts shine.”
TotalEnergies snaps up stake in Norwegian carbon storage licence
French supermajor TotalEnergies (Paris:TTE) has struck a deal to acquire a sizeable stake in a carbon storage licence offshore Norway.
Norway dishes out CO2 storage licence to Sval Energi and partners
The Norwegian Ministry of Petroleum and Energy has awarded a carbon dioxide storage licence to awarded Sval Energi for a North Sea project.
Perenco shares details of additional carbon storage wins
Perenco confirmed on Thursday that it had secured two further carbon storage licences, building on the permit it announced earlier this week.
Occidental to buy Canadian startup Carbon Engineering for $1.1bn
Warren Buffett-backed Occidental Petroleum agreed to buy Canadian startup Carbon Engineering for $1.1 billion as the oil producer expands its position as a leader in removing carbon dioxide from the atmosphere.
Goldeneye: The North Sea field that traded in gas for carbon storage
The Goldeneye pipeline previously carried gas from the field it shares a name with and is now set to store carbon emmissions in the North Sea
Denmark postpones second carbon storage licensing round
The Danish government has pushed back plans for its second carbon storage tender amid questions over whether the state should take a greater share of projects.
Perenco confirms UK carbon storage award at Leman
Perenco announced it has secured a licence as part of the UK’s carbon storage round, enabling its Poseidon carbon capture and storage project to proceed.
Acorn carbon capture project ‘boosts case’ for new Buchan rail links, say campaigners
Rail campaigners say a major energy scheme getting the go ahead near Peterhead boosts the case for new north-east rail links.
