Latest News for: Offshore investment projects

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Large CO2 Storage Projects Proceeding in Malaysia and Norway

The Maritime Executive 01 Dec 2022
Malaysian energy company PETRONAS reported that it has reached the Final Investment Decision for the development of its Kasawari CO2 Sequestration (CCS) project offshore Sarawak, a Malaysian state on Borneo and a region rich in gas deposits ... According to PETRONAS, once operational, it will be one of the largest offshore CCS projects in the world.
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Future-proofing: Petronas to invest more in uncertain and volatile times

Upstream Online 01 Dec 2022
Petronas, Vopak look to import Singapore’s emissions to Malaysia Affable Aussie advocating for Asian energy security Petrobras increases upstream investments but remains wary on renewables ONGC unveils offshore projects worth $7.3 billion in massive investment push Saudi Aramco makes promising unconventional gas finds.
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Petrobras increases upstream investments but remains wary on renewables

Upstream Online 01 Dec 2022
Petrobras has also been studying possible investments in offshore wind, hydrogen and carbon capture and storage – while advancing with pilot projects in biorefining - but the latest business plan did ...
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Jones Act shipping rules waiver opposed

The Salem News 01 Dec 2022
Baker and other governors point out that Northeast states have invested in energy efficiency and are pursuing clean energy projects such as offshore wind and hydroelectricity to reduce the region’s reliance on foreign gas imports, but noted that those projects won’t be completed this winter.
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Push to lift shipping rules faces pushback

Gloucester Times 01 Dec 2022
Baker and other governors point out that Northeast states have invested in energy efficiency and are pursuing clean energy projects such as offshore wind and hydroelectricity to reduce the region’s reliance on foreign gas imports, but noted that those projects won't be completed this winter.
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Approval sought: Duo moves on what could become Australia’s first offshore CCS project

Upstream Online 30 Nov 2022
Australia’s Triangle Energy and Pilot Energy — the Cliff Head joint venture — are preparing to start front-end engineering and design work for what could become Australia’s first offshore carbon capture and storage (CCS) project ... approval for the Cliff Head offshore CCS project.
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Approval sought: Duo moves on what could become Australia's first offshore CCS project

Upstream Online 30 Nov 2022
Australia’s Triangle Energy and Pilot Energy – the Cliff Head joint venture – are preparing to start front-end engineering and design work for what could become Australia’s first offshore carbon capture and storage (CCS) project ... approval for the Cliff Head offshore CCS project.
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ENGIE and Google strike power purchase agreement for Scotland’s Moray West offshore wind development project

FX Empire 24 Nov 2022
PARIS (Reuters) – French energy company ENGIE and technology giant Google said they had agreed to undertake a 12-year 100 MW corporate power purchase agreement to support Scotland’s Moray West offshore wind development project ... ENGIE, which is dedicated to offshore wind projects.
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ENGIE and Google strike power purchase agreement for Scotland's Moray West offshore wind development project

Reuters 24 Nov 2022
PARIS, Nov 24 (Reuters) - French energy company ENGIE (ENGIE.PA) and technology giant Google (GOOGL.O) said they had agreed to undertake a 12-year 100 MW corporate power purchase agreement to support Scotland's Moray West offshore wind development project ... wind projects.
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Stalled: Australian giant gas field project still at an impasse

Upstream Online 22 Nov 2022
The project to exploit the giant Barossa gas field, located 300 kilometres north of Darwin, is one of the largest Australian oil and gas investments in nearly a decade ... Shell delays investment decision on key Brazil offshore project Long term.
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Equinor submits development plan for Arctic gas field

Upstream Online 22 Nov 2022
Equinor project director Hogne Pedersen added ... Equinor and its partners postponed a final investment decision last week for the deep-water Wisting oilfield development, also offshore Norway, after predicted costs spiralled by some 60% due to supply chain constraints and inflation ... Shell delays investment decision on key Brazil offshore project.
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Equinor submits development plan for deep-water Arctic gas field

Upstream Online 22 Nov 2022
Equinor project director Hogne Pedersen added ... Equinor and its partners postponed a final investment decision last week for the deep-water Wisting oilfield development, also offshore Norway, after predicted costs spiralled by some 60% due to supply chain constraints and inflation ... Shell delays investment decision on key Brazil offshore project.
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Equinor submits development plan for Artic gas field

Upstream Online 22 Nov 2022
Equinor's project director, Hogne Pedersen added ... Equinor and partners postponed a final investment decision last week for the deep-water Wisting oilfield development, also offshore Norway, after predicted costs spiralled by some 60% due to supply chain constraints and inflation ... Shell delays investment decision on key Brazil offshore project.
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Bình Định Province seeks more investment from Germany

Vietnam News 22 Nov 2022
However, Dũng also pointed out that German investment in the province remained modest and had yet to match the potential, adding Bình Định had attracted just four investment projects worth over US$55 million from Germany, mainly in industrial production ... The 2,000MW project is expected to have US$4.6 billion in investment.

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