Oil and gas firms Shell and Harbour Energy have struck a deal to become equal-equity partners alongside Storegga in an Aberdeenshire carbon capture and storage (CCS) project.
A north-east decarbonisation project is to receive a share of £1 billion of UK Government funding aimed at driving down emissions and creating jobs.
Storegga Geotechnologies is to give the Acorn carbon capture and storage (CCS) project a financial boost after securing additional capital.
One of the world’s biggest oil and gas firms is in discussions to support an Aberdeenshire carbon capture and storage (CCS) project.
Storegga Geotechnologies is on course to make a final investment decision (FID) on a trailblazing carbon, capture and storage (CCS) project in the first half of next year.
Environmental campaigners have branded carbon capture and storage (CCS) a “dangerous distraction” from the urgent need to decarbonise the energy sector.
It’s hoped the award of more than a million pounds to a Scottish decarbonisation group could help to “realise the ambition” of energy transition initiatives in the north-east.
Holyrood’s energy minister has described Scotland as “potentially the best placed country in Europe” to deliver carbon capture utilisation and storage (CCUS) on a commercial scale.
Green hydrogen projects, including a number in the north-east, could generate £320 billion for the UK economy and sustain up to 120,000 jobs by 2050, according to a new study.
Bosses behind a north-east, emissions-busting project said carbon capture represented a “tremendous opportunity” for oil and gas skills to be transferred over to clean-energy.
The UK's "reliance" on other countries to help develop its offshore wind sector is a lesson for its burgeoning CCS industry, according to a boss at Spirit Energy.
Energy services firm Petrofac has signed a Memorandum of Understanding (MoU) with Storegga Geotechnologies in an effort to drive new clean energy developments.
A major Aberdeenshire project could be in line for a share of a multi-million-pound UK Government scheme to fuel low-carbon jobs.
An Aberdeenshire project has been awarded £2.7million to test and develop a cost-effective way or converting North Sea gas to a clean fuel.