Chevron Secures Interest in 3 Permits for Offshore CCS Projects

Chevron Corporation, through its affiliate Chevron Australia Pty Ltd, is part of three joint ventures that have been granted an interest in three greenhouse gas assessment permits offshore Australia, reads an official press release.

Deployment of CCUS in Australia 

The blocks, including two in the Carnarvon Basin off the north-western coast of Western Australia and one in the Bonaparte Basin offshore Northern Territory, total more than 31,500 km2 or nearly 7.8 million acres – an area larger than...

https://mfame.guru/chevron-secures-interest-in-3-permits-for-offshore-ccs-projects/

LCO2 carrier developments set to pick up pace

It’s increasingly clear that CCUS (carbon capture, usage and storage) is going to play a major role in global decarbonization and the just-passed Inflation Reduction Act contains substantial funding to support CCUS R&D and application.

One place where work on the technology is already on the fast track is Japan, where the New Energy and Industrial Technology Development Organization (NEDO) has a vision for implementing CCUS technology by 2030 that sees a need for long-distance transport of CO2...

https://www.marinelog.com/legal-safety/environment/lco2-carrier-developments-set-to-pick-up-pace/

Keppel O&M wins $2.9 billion newbuild FPSO contract

Petroleo Brasileiro S.A (Petrobras) has awarded Keppel Offshore & Marine’s Keppel Shipyard subsidiary in Singapore has won an approximately US$2.9 billion order from for the engineering, procurement and construction (EPC) of the P-80 floating production, storage and offloading vessel (FPSO).

Scheduled for completion in the first half 2026, the P-80 is the second FPSO that Keppel O&M will be building for Petrobras for the Buzios field offshore Brazil. The first of the two, P-78, is currently...

https://www.marinelog.com/offshore/keppel-om-wins-2-9-billion-newbuild-fpso-contract/

Mitsubishi Shipbuilding completes concept study for ammonia/LCO2 carrier

Following an extensive study conducted with Mitsui O.S.K. Lines (MOL), Japan’s Mitsubishi Shipbuilding has completed a concept study for the design of an ammonia/liquefied CO2 carrier capable of transporting both ammonia and liquefied carbon dioxide (LCO2).

The study carried out with MOL indicates that this type of vessel has the potential to become mainstream in the LCO2 carrier market by being flexible enough to meet projected increases in demand for transporting both ammonia and LCO2.

Ammonia...

https://www.marinelog.com/technology/mitsubishi-shipbuilding-completes-concept-study-for-ammonia-lco2-carrier/