North Sea
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The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.
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The project aims to store 5 million tons of CO₂ annually, equivalent to a third of the total CO2 emissions from Dutch domestic vehicles in 1 year.
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A pilot project will explore onboard carbon capture for container ships, and two heavy-hitters are teaming up to find decarbonization paths in the Asia Pacific region. Elsewhere, wind and solar are on track to pass coal in the race to generate electricity.
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Updates about global exploration and production activities and developments.
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The Haewene Brim FPSO will need repairs to a pair of mooring connections before it can restart operations.
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Find could hold as much as 130 million BOE.
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The subsea field tied back to Grane is expected to produce 60,000 B/D at peak.
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The energy transition stays front and center as Dogger Bank, the world’s largest offshore wind farm, begins exporting power. Elsewhere, India goes green and CCS in Canada hits a snag.
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The work scope for the project runs through year-end 2027.
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Well is estimated to have encountered as much as 35 million BOE.