Horisont Energi has signed a Letter of Intent (LoI) with energy company PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, under which PUN aims to enter as a partner and operator in the only CO2 exploration license in the Barents Sea. The Norwegian Ministry of Petroleum and Energy announced
The NSTA has outlined in its new report that the oil and gas industry is making progress on curbing emissions.
Leveraging digital tools to tap into advanced well-performance analytics in the cloud helps producers to get ahead of the demand curve.
Canada’s Cellula Robotics has commenced sea trials of its extra-large unmanned underwater vehicle (XLUUV), featuring hydrogen fuel cell technology. The initial sea trials of the Solus-XR XLUUV are designed to evaluate surface performance and autonomy, said to offer a valuable opportunity to assess t
The UK is set on reviewing its Energy Charter Treaty membership, which will enable it to consider withdrawal as an outcome of the review.
Finnish marine technology supplier Wärtsilä and Swedish shipping company Furetank are co-developing and testing two technologies showing the potential to halve the methane slip of LNG-fueled ships. Methane slip on LNG-powered vessels refers to the unintentional release of methane, a potent greenhous
Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container
Drone and space age technology, developed by the NASA JPL to search for life on Mars, will now be used to detect offshore methane emissions.
Danish shipping company Norden has inked a deal with Teck Resources Limited, one of Canada’s largest mining companies, to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 to
The UK government recently set out plans to scale up the deployment of renewables, ramp up nuclear and maximise the oil and gas production.
Regulatory measures implemented by the International Maritime Organization (IMO) often set out with the noble goal of curbing carbon dioxide (CO2) emissions and promoting sustainability within the global shipping industry. Yet, the journey from regulation to actual emission reduction can be marred b
The successful completion of the oil transfer operation from the FSO Safer marks a significant milestone in averting a potential environmental and humanitarian catastrophe in the Red Sea. However, the mission is far from over, as the next crucial steps involve making a decision that would ensure the
The way to secure the funds to complete the operation in full hangs in the air with around $20 million still missing.
Portsmouth International Port has completed the installation of its new solar and battery system which is now fully operational. The system is comprised of 2,660 solar panels, providing an impressive 35% of the site’s electricity, enabling the port to move one step closer to becoming one of the UK’s
