Subsea 7 has won a pipeline contract for the Equinor Northern Lights CCS project in Norway.
Aker Solutions has been awarded a contract by Equinor for delivering the new CO2 receiving facilities Northern Lights outside Bergen, Norway.
The Norwegian Government today approved the final investment decision for the Northern Lights CO2 transport and storage project.
A group of north-east oil industry and business professionals are closing in on their £25,000 festive fundraising target with two weeks to spare.
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.
It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centers. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35 billion in development spending until 2035 – by which time as much as 75 million tonnes of CO2 could be captured and stored per year on the continent, a Rystad Energy analysis shows.
The coronavirus pandemic has triggered the “largest drop in global energy investment in history”, the International Energy Agency (IEA) has said, launching its World Energy Investment 2020 report.
Oil majors Equinor, Shell and Total have committed to investing in a carbon capture and storage (CCS) project in Norway.
A host of firms including Ineos, Total and ExxonMobil are collaborating on plans for a carbon capture, use and storage (CCUS) site at the Port of Antwerp.
Equinor has signed memoranda of understanding with seven European companies to develop value chains in carbon capture and storage.
This incredible image of the Northern Lights was captured by staff from oil major BP close to one of its rigs in Alaska.