Energy

The Norwegian Ministry of Petroleum and Energy (MPE) has received applications from five companies in connection with the announcement of an area in the North Sea for potential storage of CO2 on the Norwegian shelf.

Six months after announcing its plans to launch a deck-based containerized hydrogen (H2) energy systems for ships, HAV Hydrogen unveils details of the system that has received Approval in Principle (AiP) from DNV.

Flotation Energy and Vårgrønn, two European developers and owners of offshore wind projects, have submitted a Scoping Report for Cenos floating offshore windfarm to Marine Scotland, positioning the project to become one of the world’s largest floating wind farms once operational.

Despite ambitious EU deployment targets, fewer projects hit European waters in 2022 than in any year since 2010. Meanwhile, global competitors like the US and China are catching up fast.

Sval, Storegga and Neptune apply for a CO2 storage license in the Norwegian North Sea. The project, called Trudvang, has the potential to store up to 225 million tonnes of CO2.

bp and partners have confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that they will take forward to the next stage of evaluation.

The Belgian consortium TM EDISON (Jan De Nul and DEME) has won the tender for the construction of the world’s first artificial energy island. The construction of the foundations of the Princess Elisabeth Island will begin in early 2024 and will last 2.5 years.

Azule Energy, via its wholly owned subsidiary Eni Angola SPA (Eni), together with its Partners in the Block 15/06, Sonangol P&P and SSI Fifteen Limited, are pleased to announce the award of the main contracts for the development of the Agogo Integrated West Hub Development Project, one of the major upstream projects being developed in the coming years in Angola.

Seaway7 has entered into a commercial collaboration agreement with Saipem to jointly identify, bid and execute fixed offshore wind projects.

Rystad Energy expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter.

DNV and partners have recently launched a new JIP - EMRED. The JIP aims to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector.

Horisont Energi, a Norwegian clean energy company, and Neptune Energy, an independent global E&P company, have signed a Memorandum of Understanding (MoU) with the international energy major E.ON with the aim to develop a European CCS value chain.