Saipem and Subsea7 unveil €20bn merger plan
Investors behind two of the largest oil field services firms have announced plans to create a new "global leader" in energy services.
CCS
Carbon Capture Storage News
Irish Sea EnergyPathways on track for ‘cornerstone’ investor
EnergyPathways (AIM: EPP) has announced progress on its flagship gas production and storage scheme in the Irish Sea as it closes in on an investor to back the development.
Petrofac ups restructuring plan target to $355m
Beleaguered Petrofac (LON: PFC) has unveiled plans to raise $355 million (£280m) in funding as part of a rescue deal that will further reduce shareholder allocation.
EthosEnergy CEO boasts ‘healthy pipeline of global opportunities’
Following the private equity takeover of EthosEnergy, the firm's boss Ana Amicarella discusses what 2025 holds in store.
Grangemouth protesters lay 400 hard hats outside Scottish Labour conference
Grangemouth workers targeted the opening day of the Scottish Labour conference on Friday, laying 400 hard hats on the ground to represent every job set to be lost.
Power Moves: SOWEC’s new co-chair and more
Claire Mack has joined the Scottish Offshore Wind Energy Council (SOWEC) as its new industry co-chair.
All CCS Posts
Woodside launches CCS study with Japanese industry
Woodside Energy is to explore options for potential carbon capture and storage (CCS) routes with a trio of Japanese industrial giants.
Talent and timing: Can Aberdeen’s oil and gas skills make the energy transition?
A huge energy transition opportunity awaits, meantime Aberdeen needs to retain its oil and gas skills base.
Adnoc takes FID on major CCS project
“This landmark project, is one of many tangible initiatives that Adnoc is delivering as we accelerate our decarbonisation plan to meet our Net Zero by 2045 ambition.”
WSP reappointed to advise government on the UK’s CCUS plans
The UK government has reappointed professional services consultancy WSP to advise on the delivery of the country’s Carbon Capture, Utilisation and Storage (CCUS) programme.
Harbour Energy calls for CCS investment incentive amid windfall tax woes
Harbour Energy (LON: HBR) chief executive Linda Cook told investors that her firm will lobby government to include carbon capture and storage (CCS) spending in windfall tax allowances.
Neighbors don’t want to be ‘test dummies’ for Biden’s carbon removal hubs
Roishetta Ozane knows a thing or two about pollution.
UK fund proposed to respond to US Inflation Reduction Act
The UK will fall further behind the US on green technologies without a national investment fund to help turn start-ups into the companies of tomorrow, a leading think-tank has warned.
Allowing its engineers to ‘shine’ gives Wood the edge in the CCS market
Chief executive of Wood (LON:WG), Ken Gilmartin, says that his firm's growth in carbon capture comes from picking work that allows its “subject matter experts shine.”
TotalEnergies snaps up stake in Norwegian carbon storage licence
French supermajor TotalEnergies (Paris:TTE) has struck a deal to acquire a sizeable stake in a carbon storage licence offshore Norway.
Norway dishes out CO2 storage licence to Sval Energi and partners
The Norwegian Ministry of Petroleum and Energy has awarded a carbon dioxide storage licence to awarded Sval Energi for a North Sea project.
Perenco shares details of additional carbon storage wins
Perenco confirmed on Thursday that it had secured two further carbon storage licences, building on the permit it announced earlier this week.
Occidental to buy Canadian startup Carbon Engineering for $1.1bn
Warren Buffett-backed Occidental Petroleum agreed to buy Canadian startup Carbon Engineering for $1.1 billion as the oil producer expands its position as a leader in removing carbon dioxide from the atmosphere.
Goldeneye: The North Sea field that traded in gas for carbon storage
The Goldeneye pipeline previously carried gas from the field it shares a name with and is now set to store carbon emmissions in the North Sea
Denmark postpones second carbon storage licensing round
The Danish government has pushed back plans for its second carbon storage tender amid questions over whether the state should take a greater share of projects.
Perenco confirms UK carbon storage award at Leman
Perenco announced it has secured a licence as part of the UK’s carbon storage round, enabling its Poseidon carbon capture and storage project to proceed.
Acorn carbon capture project ‘boosts case’ for new Buchan rail links, say campaigners
Rail campaigners say a major energy scheme getting the go ahead near Peterhead boosts the case for new north-east rail links.
Employment expert warns success of UK energy ambition ‘hinges’ on IR35 overhaul
Issues around IR35 rules have reared their head again after the Prime Minister unveiled his extensive plans for reinforcing the UK’s energy security.
SNP urged to hand over promised £80m for north-east carbon capture
The Scottish Government is being urged to hand over £80 million of funding promised for carbon capture technology in the north-east.
‘We need a sensible fiscal environment’: Harbour Energy and Equinor bosses respond to Shapps summit
"We need a stable and sensible fiscal environment,” said Harbour Energy’s CEO, in order to have confidence to invest long-term.
Occidental, Adnoc agree to review carbon capture investments
Occidental Petroleum has agreed to partner with the top oil producer in the United Arab Emirates to explore investment in the US and overseas for giant plants that suck carbon dioxide out of the sky.
Aberdeen University study shows CCS potential of North Sea ‘super basin’
New research led by the University of Aberdeen highlights the “huge potential” of carbon storage sites across a North Sea CCS ‘super basin’.
‘This is where the real work starts’: Storegga looks to next steps following Acorn Track 2 award
“This green light means we know that we can just get on with it now.”
Scottish energy secretary hits out at UK Government ‘lack of focus’ on just transition
Scottish Energy Secretary Neil Gray has responded to the UK Government’s North Sea and CCUS announcements.
‘Defining milestone’: Acorn CCS partners hail Track 2 funding
The project partners of the Acorn CCS development, selected today for Track 2 of the UK Government’s £1bn funding competition, have hailed it as a “defining milestone”.
Everything you need to know about the ‘transformational’ Viking CCS project
Following the announcement that the Viking CCS project has been awarded two new storage licences, here is everything you need to know about the Humber CCS cluster.
