Energy

Image credit: CorPower Ocean/Colin Keldie

Petrofac has signed an agreement with carbon capture technology company, CO₂ Capsol, which enables collaboration on carbon capture projects. 

Eleven companies have expressed interest in supporting the large-scale deployment of carbon capture and storage (CCS) technology in Houston.

Fraunhofer IGCV and voxeljet AG have announced a research partnership to develop the world’s largest 3D printer for offshore wind applications in order to streamline the production of key components of GE’s Haliade-X offshore wind turbine.

Discover the behind-the-scenes video explaining the stakes behind this project & why it is an important one for the whole Floating Wind industry.

Pondera, a renowned consulting company and project developer in renewable - energy, and SolarDuck, a key player in the floating offshore solar market, signed a memorandum of understanding detailing the development of 555 MWp of offshore solar projects over the coming years.

Siemens Gamesa Renewable Energy again pioneers the Taiwanese offshore wind power industry by officially inaugurating its new offshore facility in Taichung. This is the company’s first offshore nacelle assembly facility outside of Europe.

On September 10, 2021, the Ministry of Petroleum and Energy announced two areas for storage of CO₂.

Chevron U.S.A. Inc., through its Chevron New Energies division, and a subsidiary of Enterprise Products Partners L.P. have announced a framework to study and evaluate opportunities for carbon dioxide (CO₂) capture, utilization, and storage (CCUS) from their respective business operations in the U.S. Midcontinent and Gulf Coast.

Entering emerging markets, like offshore wind, can be difficult and confusing.

Hess Corporation has made another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet (67 meters) of net pay in high-quality oil-bearing sandstone reservoir.

Trinidad and Tobago is expected to contribute around 25% or 820 million cubic feet per day (mmcfd) of the Americas natural gas production in 2025 from planned and announced projects (new build projects, excluding the US L48), according to GlobalData, a leading data and analytics company.