The North Sea Transition Authority raised its forecasts for investment and production in the coming years after 2024 figures were higher than expected. The NSTA said capex totaled £5.95 billion ($7.7 billion) last year, more than 50% above an October projection.
MODEC, Carbon Clean collaborate on offshore carbon capture
MODEC has signed an agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture...