Energy consultancy Xodus has outlined a roadmap for a 60 per cent reduction in total CO2 emissions for a Middle East operator’s fleet of drilling rigs, following a greenhouse gas (GHG) emissions baseline and energy efficiency review. Xodus reported it had identified more than 25 energy and emissions
ExxonMobil’s low-carbon hydrogen project in Baytown, Texas, has entered a new stage with a contract award to Technip Energies for front-end engineering and design (FEED). The low-carbon hydrogen, ammonia, and carbon capture facility is expected to produce one billion cubic feet of low-carbon hydroge
BP has unveiled its new energy outlook, highlighting key trends and uncertainties surrounding the energy sector and transition to low-carbon.
Oman LNG has signed a binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation to supply 1 million metric tonnes per annum (mtpa) of LNG, starting in 2025. According to reports from the Omani state news agency, the agreement was signed on 30 January. The deal will see Oman LNG
Global energy company EDP has partnered up with Spanish energy company Cepsa to boost the Andalusian Green Hydrogen Valley, the largest green hydrogen project in Europe promoted by Cepsa. The agreement includes studying the joint production of green hydrogen as part of the project of up to 1 GW in t
Innovate UK has selected a consortium, led by Ingine Wave Energy Systems, to receive funding support for the development of wave energy project offshore Indonesia.
U.S. oilfield services provider Baker Hughes has introduced new digital solutions and investments focused on improving efficiency and performance while reducing emissions in order to drive the long-term sustainability of customer operations. Baker Hughes made the announcement at its annual meeting i
In a statement to Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the UAE and Managing Director and Group CEO of ADNOC, Japan’s oil and gas producer Inpex has officially committed to the United Arab Emirates (UAE) in regard to clean energy development in the country. According
Türkiye’s first drillship has begun drilling a new detection well in the Sakarya gas field project development in the Black Sea, one of the largest energy projects ever built in the country. Türkiye Petrolleri reported on 30 January that the Fatih drilling vessel had started drilling in Amasra-2. To
The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced $384.4 million in federal funding for expanding and improving the nation’s ferry service in communities across the country, as well as accelerate the transition to zero-emission transportation.
Danish container shipping heavyweight Maersk plans to unify its structure by integrating its brands such as Hamburg Süd and Sealand, among others. The company explained the decision saying that the aim was to bring more ‘ease, agility and resilience’ to the supply chain. Maersk plans to conduct an i
Oceaneering, a Norwegian subsidiary of Texas-headquartered Oceaneering International, and Havfram-owned company Kontiki Winds are teaming up on microgrid electrification projects using floating wind turbines to power offshore oil and gas assets and remote island states. Under a Memorandum of Underst
Dolphin Drilling has completed a five-year recertification of a semi-submersible rig, which is now ready to start its assignment offshore Nigeria in a few weeks.
French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billi
