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Low-Carbon Transition

APAC poised to become ‘world’s largest’ CO2 shipping market, report says

The Asia-Pacific (APAC) region is on track to take the lead in the CO2 shipping market, requiring almost 80 specialist vessels for interregional shipping in 2055, energy consultancy Xodus found in a new carbon capture, utilization, and storage (CCUS) report.

about 1 year ago

Low-Carbon Transition

$11 billion US LNG project in Louisiana bags final FERC approval ahead of FID

Kimmeridge has confirmed the receipt of a final order from the Federal Energy Regulatory Commission (FERC), upholding authorization for a liquefied natural gas (LNG) export terminal currently under development on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America

about 1 year ago

Low-Carbon Transition

Expro to deliver well testing for UK’s first offshore CO2 storage project

Energy services provider Expro has been appointed to deliver integrated well testing services for the UK’s first offshore carbon capture and storage (CCS) project, being developed by a joint venture of BP, Equinor and TotalEnergies. Being developed around 75 kilometers east of Flamborough Head, the

about 1 year ago

EnerMech recently won its first major decommissioning campaign in the U.S. Gulf region with ExxonMobil; Source: EnerMech

Low-Carbon Transition

Interview: High-growth regions, subsea, and FPSO jobs unlocking EnerMech’s resilience in energy realms

EnerMech, an Aberdeen-headquartered integrated solutions specialist, has pinpointed the focus on high-growth regions, subsea work, and floating production, storage, and offloading (FPSO) assignments as its tripartite resilience formula, which it uses as keys to achieving resilience against the backd

about 1 year ago

Low-Carbon Transition

‘Largest’ drone quest puts emission monitoring into gear across 33 North Sea oil & gas assets

Two players, Cyberhawk and Explicit, have started the ball rolling on an offshore drone campaign for emissions measurement in the Norwegian sector of the North Sea, which is being undertaken on 33 offshore platforms operated by Equinor, Norway’s energy giant.

about 1 year ago

Chevron-operated Leviathan gas asset; Source: NewMed Energy

Low-Carbon Transition

Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge

A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon production taps for safety reasons.

11 minutes read

Low-Carbon Transition

Norway: Northern Lights approved for CO2 storage expansion

The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per

about 1 year ago

Low-Carbon Transition

LNG as double engine for change: coal phaseout in Asia, net-zero gains worldwide

Liquefied natural gas (LNG) can play a key role in speeding up Asia’s transfer from coal to more renewable sources in power generation and help the region–and consequently, the world–meet its decarbonization objectives, a new study by S&P Global Commodity Insights (SPGCI) has found.

about 1 year ago

Low-Carbon Transition

SLB rolls out suite of carbon storage offerings to step up decarbonization game

U.S.-headquartered technology player SLB has unveiled a full value chain carbon storage toolbox to enhance the advancement of the industrial decarbonization journey.

about 1 year ago

Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate

Low-Carbon Transition

New North Sea CO2 storage exploration permit has Equinor’s name on it

Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).

about 1 year ago

Viking CCS project; Source: Harbour Energy

Low-Carbon Transition

UK throws support behind carbon capture and storage pair set to unlock $34 billion by 2035

Offshore Energies UK (OEUK), has deemed the UK’s backing of carbon capture, usage, and storage (CCUS) projects as an important step for the domestic offshore energy industry, as the country works to bankroll its transition from oil and gas to low-carbon technology.

about 1 year ago

Low-Carbon Transition

TotalEnergies pins its multi-energy advancement hopes on AI while setting up new lab

TotalEnergies has pinpointed the acceleration of artificial intelligence (AI) as a roadmap paving the way toward the realization of its multi-energy strategy, primarily in low-carbon energies, which are expected to be among the key beneficiaries of its partnership with a compatriot generative AI pla

about 1 year ago

Low-Carbon Transition

Aquaterra scoops up two jobs on Britain’s first permitted offshore carbon storage project

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has picked up a new set of assignments with Northern Endurance Partnership (NEP) – encompassing BP, Equinor, and TotalEnergies – for work on the first offshore carbon capture and storage (CCS) project to receive a c

about 1 year ago

Rendering of Argentina LNG project; Source: YPF

Low-Carbon Transition

$50 billion LNG project gains momentum as Eni and YPF strike a deal

Given the expectations surrounding the role of gas in the future energy mix, Eni and YPF have come up with a roadmap to pave the way for a final investment decision (FID) to be taken for a phase of a proposed liquefied natural gas (LNG) project in the Sierra Grande Norte.

about 1 year ago