INDUSTRY MAJORS TO DEVELOP SINGAPORE’S DECARBONISATION PROCESS

Industry leaders, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong, with the support of the National Research Foundation, signed a Memorandum of Understanding (MOU) today, committing to harness their combined resources and jointly develop the first end-to-end decarbonisation process in Singapore. This collaboration is aimed at accelerating the development of a highly integrated clean and energy efficient Carbon Capture, Utilisation & Sequestration (CCUS) system that can lead to a low-carbon economy and potential commercial developments for Singapore. Carbon emissions make up 97% of Singapore’s total greenhouse gas emissions. Under the Paris Agreement, Singapore has pledged to, by 2030, reduce its emissions intensity by 36% from 2005 levels, and to stabilise its emissions and peak around 2030. The Singapore Government has announced its long-term strategy to halve emissions from its 2030 peak and achieve net-zero emissions as soon as viable. To this end, the partnership will develop CCUS technologies that are readily applicable, with high technical readiness and cost efficiency to implement in Singapore’s key industries such as energy, chemicals and construction. Under the MOU, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong will jointly explore, identify and develop mature carbon capture technologies, coupled with novel technologies that utilise cryogens, membranes and hydrogen. The four companies will also leverage the combined resources, knowledge and capabilities with other research partners, Institutes of Higher Learning and international partners to advance the development of the CCUS technologies. When commercially viable, the CCUS technologies are expected to help reduce carbon intensity across the industry sectors and help Singapore halve emissions from its peak to 33MtCO2e by 2050, with a view to achieving net zero emissions as soon as viable in the second half of the century.
(Source: National Research Foundation of Singapore – Image: Singapore Marina Bay/ReneP/energy global news)

HURRICANE HARVEY SLAMS INTO TEXAS

August 27, 2017

Harvey was a Category 4 hurricane when it made landfall between Port Aransas and Port O'Connor, Texas, on Friday night. Harvey was the first Category 4...

Read More+
CHRISTOPHE DE MARGERIE CROSSES NORTHERN SEA ROUTE IN RECORD 6.5 DAYS

August 26, 2017

The Christophe de Margerie tanker built for transportation of liquefied natural gas (LNG) as part of the Yamal-LNG project, has completed the first commercial...

Read More+
STATOIL AND YPF TO EXPLORE BAJO DEL TORO IN ARGENTINA

August 25, 2017

Statoil and Argentina’s leading energy company YPF have entered into an agreement to jointly explore hydrocarbons in the Bajo del Toro block in the Neuquén...

Read More+
PASHA HAWAII ORDERS TWO LNG CONTAINER SHIPS

August 25, 2017

Honolulu, HI-based Pasha Hawaii has announced that two more ships will be joining its fleet which provides service to the Hawaii/Mainland trade lane. The...

Read More+
WG VESPUCCI ACQUIRES HYBRID SURVEY IN SARAWAK

August 25, 2017

Schlumberger today that WesternGeco has completed a hybrid seismic acquisition survey using their newly deployed multipurpose vessel (MPV), a first in...

Read More+
RIG SCRAPPING: UP TO 340 OFFSHORE UNITS

August 25, 2017

With utilization levels at just over 50% for all rig types and over 130 newbuild rigs stranded or under construction, the need for an increase in rig scrapping...

Read More+
KRIS ENERGY TO DEVELOP BLOCK A OFFSHORE CAMBODIA

August 24, 2017

The Royal Government of Cambodia and KrisEnergy announce the signing of fiscal and technical agreements for the nation’s first oil field development...

Read More+
NIGERIA: SHELL STARTS PRODUCTION AT GBARAN-UBIE

August 24, 2017

The Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger...

Read More+
LUKOIL LAUNCHES SOUTH-WEST GISSAR IN UZBEKISTAN

August 24, 2017

Lukoil has reached a progress milestone at its South-West Gissar project in Uzbekistan as it successfully launched the main production and process facilities...

Read More+
VOPAK EXPANDS IN PENGERANG, MALAYSIA

August 24, 2017

Royal Vopak and its joint venture partners intend to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pengerang,...

Read More+
TORTUE-1: WORLD CLASS RESOURCE CONFIRMED OFFSHORE MAURITANIA

August 23, 2017

Kosmos Energy headquartered in Dallas, Tx, has successfully completed the drill stem test (DST) of the Tortue-1 well, demonstrating that the Tortue field...

Read More+
HALLIBURTON AND MICROSOFT STRATEGIC ALLIANCE

August 23, 2017

Microsoft and Halliburton announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship...

Read More+