The Norwegian Government has announced its funding decision for the Northern Lights project, a key component of Norway’s full-scale carbon capture and storage project. Northern Lights comprises the critical transport…
Carbon Capture
Australian Company Launches Deep Sea Carbon Capture Project Off Australia
By Sonali Paul MELBOURNE, Dec 7 (Reuters) – An Australian company has lined up the country’s national science agency and Japanese firms to work on a plan to capture carbon…
CMP joins Copenhagen’s carbon capture project
Copenhagen Malmö Port (CMP), a Danish-Swedish joint venture port operator, revealed it would join the application for the EU funding for CO2 capture project on Amager Bakke. The post CMP joins…
https://www.offshore-energy.biz/cmp-joins-copenhagens-carbon-capture-project/
Stena Bulk, OGCI to explore potential of carbon capture in shipping
Swedish tanker shipping company Stena Bulk has joined forces with the voluntary energy group […] The post Stena Bulk, OGCI to explore potential of carbon capture in shipping appeared first on…
https://www.offshore-energy.biz/stena-bulk-ogci-to-explore-potential-of-carbon-capture-in-shipping/
IEA Says Global Climate Goals ‘Virtually Impossible’ Without Carbon Capture
OSLO, Sept 24 (Reuters) – A sharp rise in the deployment of carbon capture, utilization and storage (CCUS) technology is needed globally if countries are to meet net-zero emissions targets designed to slow climate change, the International Energy Agency (IEA) said on Thursday. A growing number of...
K Line to test world’s 1st CO2 capture plant on board its ship
Japanese shipping major Kawasaki Kisen Kaisha (K Line) plans to deploy a small-scale, marine-use […] The post K Line to test world’s 1st CO2 capture plant on board its ship appeared…
https://www.offshore-energy.biz/k-line-to-test-worlds-1st-co2-capture-plant-on-board-its-ship/
Norway’s $2.6 Billion Carbon Capture Bet Could Help Save the Planet
By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or happiness. The “resource curse” has blighted many countries: Venezuela and the Democratic Republic of Congo, for example, have suffered from years of...
Norway’s Full-Scale Carbon Capture Project Could Become Financial Disaster, Report Warns
By Mikael Holter (Bloomberg) –Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new report that includes an increased cost estimate for the venture. The likely cost of building and operating the project over 10 years — most of which...
‘Historic’ Investment Decision on First Carbon Capture and Storage Project Offshore Norway
A trio of oil industry majors have made a historic investment decision in what could become the world’s first large-scale carbon capture and storage system seen as crucial to combating climate change. Equinor, Shell and Total announced their decision Friday to invest in the Northern Lights project...
Evaluation study gets underway into onboard maritime carbon capture and storage
International maritime design and engineering consultancy Houlder has begun a study into the potential marine application of carbon capture technology onboard ships.
It has partnered with PMW Technology, which has developed an “Advanced Cryogenic Carbon Capture” a process designed to extract carbon dioxide from marine exhaust gases.
The key...