SLB signs subsurface technology deal with INEOS Energy

INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions, and Carbon Capture and Storage (CCS).  “This subsurface technology agreement is an important milestone for INEOS Energy supporting our continued organic growth plans,” said Abhi […]

London-based climate fintech company raises funds to fuel trust in carbon markets

Opna has secured $6.5 million (£5.2m) in seed funding, led by VC firm Atomico. The round saw participation from previous investors like Pale Blue Dot, MCJ Collective, Angelinvest, and Tiny VC. Opna’s mission is to restore trust in voluntary carbon markets, which enable carbon emitters to purchase carbon credits generated from initiatives that reduce greenhouse […]

ADNOC to develop one of the largest carbon capture projects in MENA region

The pioneering Habshan carbon capture, utilisation and storage (CCUS) project will have the capacity to capture and permanently store 1.5 million tonnes per annum (mtpa) of carbon dioxide (CO2) within geological formations deep underground. The project will triple ADNOC’s carbon capture capacity to 2.3 mtpa, equivalent to removing over 500,000 gasoline-powered cars from the road […]