Five EU countries strengthen carbon capture and storage bonds with new declaration, paving the way for Europe’s CCUS market

Five countries have taken steps to build closer cooperation within the European Union on carbon capture and storage by signing a declaration.

The post Five EU countries strengthen carbon capture and storage bonds with new declaration, paving the way for Europe’s CCUS market appeared first on Offshore...

https://www.offshore-energy.biz/five-eu-countries-strengthen-carbon-capture-and-storage-bonds-with-new-declaration-paving-the-way-for-europes-ccus-market/

ABS Report Delves Into Evolving Maritime Industry Regulations

ABS, a leading authority in marine and offshore classification, has released a comprehensive report shedding light on the intricate regulatory landscape of the maritime industry.

This report presents a summary of the latest global regulatory developments, their implications, and the ongoing efforts of regulatory bodies to unify and enhance regulations for the maritime sector, says an article published news cision website.

Key Highlights From The ABS Report
  1. Global Focus on Carbon Reduction: The...

https://mfame.guru/abs-report-delves-into-evolving-maritime-industry-regulations/

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

The post In focus: Tackling energy trilemma with...

https://www.offshore-energy.biz/in-focus-tackling-energy-trilemma-with-oil-gas-industry-calling-the-shots/

McDermott, Daewoo Shipbuilding & Marine Engineering to Study Large Liquid Hydrogen Carrier

Future ship designs are expected to be influenced by this work as reported by UpStream.

Feasibility study

Using an LH2 storage tank design, US contractor McDermott’s storage business line CB&I and South Korea’s Daewoo Shipbuilding & Marine Engineering want to conduct a feasibility study for a big liquid hydrogen (LH2) carrier.

Daewoo will look into and develop the general design of the vessel to install the LH2 storage tank while CB&I will assess its LH2 storage tank design for ocean-going ships.

Th...

https://mfame.guru/mcdermott-daewoo-shipbuilding-marine-engineering-to-study-large-liquid-hydrogen-carrier/

Wärtsilä lines up first fleet decarbonisation deal for oil & gas segment in Latin America

Wärtsilä has inked “a pioneering agreement” for decarbonisation projects in the oil and gas segment in the Americas with Brazil’s Grupo CBO.

The post Wärtsilä lines up first fleet decarbonisation deal for oil & gas segment in Latin America appeared first on Offshore Energy.

https://www.offshore-energy.biz/wartsila-lines-up-first-fleet-decarbonisation-deal-for-oil-gas-segment-in-latin-america/

In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, the current global energy security concerns have – to an extent – pushed it aside as pure oil plays have dominated the energy market and trumped low-carbon diversification so far this year. Or have...

https://www.offshore-energy.biz/in-focus-are-oil-gas-plays-truly-a-thing-of-the-past-or-are-we-not-there-yet/

In focus: Are oil & gas plays truly a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, the current global energy security concerns have – to an extent – pushed it aside as pure oil plays have dominated the energy market and trumped low-carbon diversification so far this year. Or have...

https://www.offshore-energy.biz/in-focus-are-oil-gas-plays-truly-a-thing-of-the-past-or-are-we-not-there-yet/

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