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Low-Carbon Transition

Fugro to assist Saipem with pipeline work at UK’s first offshore CCS project

Dutch Fugro has been selected to deliver integrated marine survey and inspection services for Northern Endurance Partnership (NEP), the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough Head, the NEP project will comprise an onshore CO2 ga

about 2 months ago

Illustration; Courtesy of MidOcean Energy

Low-Carbon Transition

$1.13 billion injection from UAE player fuels growth of EIG’s LNG arm

An investor, headquartered in the United Arab Emirates (UAE), has backed MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG), with a billion-dollar investment.

about 2 months ago

Low-Carbon Transition

LNG and decarbonization on Orlen-Naftogaz collaboration’s agenda

Ukraine’s state-owned energy company Naftogaz Group and Poland’s Orlen have teamed up to fortify the liquefied natural gas (LNG) arsenal and efforts to curb greenhouse gas (GHG) emissions in a bid to bolster Ukraine’s energy security and support its energy transition.

about 2 months ago

Low-Carbon Transition

Dutch floating power hub for remote subsea assets secures €3.2M gov’t push

Dutch offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have secured a €3.2 million subsidy from the Netherlands Enterprise Agency (RVO) to develop an offshore floating power hub for remote subsea assets. The Steady Seas research program will advance t

about 2 months ago

Petronas' Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas

Low-Carbon Transition

20-year LNG deal between Petronas and JERA strengthens Japan’s energy security

Malaysia’s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with Japan’s power generation major JERA, which fortifies the energy bonds between the two countries and extends the companies’ partnership into the 2040s.

about 3 months ago

Gasum's container vessel Coral Energy at Klaipeda LNG terminal; Courtesy of KN Enenergies

Low-Carbon Transition

Gasum, Naftogaz among those locking in multi-year capacity at Lithuanian LNG hub

Gasum, a Nordic gas sector and energy market player, and Ukraine’s state-owned energy company Naftogaz Group have secured long-term liquefied natural gas (LNG) capacity at Lithuania’s LNG terminal, operated by KN Energies (KN).

about 3 months ago

Low-Carbon Transition

Germany’s energy network awaits September to ignite next LNG link in FSRU chain

Germany’s Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, has revealed the timeline for the commissioning of the European country’s next floating LNG terminal, which

about 3 months ago

Ammonia-powered MGC Antwerpen; Source: Exmar

Low-Carbon Transition

Historic game-changer at sea: Exmar’s first of four ammonia dual-fuel vessels delivered

Belgian shipping company Exmar has celebrated the delivery of the first in a series of four newbuild dual-fuel ammonia midsize gas carriers (MGCs), seen as a breakthrough in the green shipping quest and a landmark milestone in the firm’s attempt to future-proof its vessel fleet.

about 3 months ago

Cedar FLNG is being built at Samsung Heavy Industries' Geoje shipyard; Source: SHI

Low-Carbon Transition

Canada’s $4B hydro-powered LNG project advances with FLNG launch at Samsung Heavy Industries

South Korea’s Samsung Heavy Industries (SHI) has held a launching ceremony for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 3 months ago

Low-Carbon Transition

MODEC and Eld embark on next-gen carbon capture-enabled FPSO power system

Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, are pooling resources to bring a 1.2 MW carbon capture power system to life to roll out zero-emission floating production, storage, and offloading (FPSO) units.

about 3 months ago

Low-Carbon Transition

Northern Lights strengthens its fleet with new LCO2 vessel award to K Line and MISC

Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has decided to enlarge its fleet with another liquefied carbon dioxide (LCO2) carrier through a time charter deal with a consortium between Japan’s Kawasaki Kisen Kaisha (K Line) and Mala

about 3 months ago

A digital rendering of an LNG plant by the coast

Low-Carbon Transition

First European LNG deal for Canada’s multibillion-dollar project

A liquefied natural gas (LNG) project, being developed on Canada’s northwest coast to export lower-carbon LNG to markets in Asia, has obtained its first agreement with a European buyer.

about 3 months ago

Low-Carbon Transition

KN Energies picks up job on European FSRU project

Lithuania-headquartered liquefied natural gas (LNG) terminal operator KN Energies (KN) has been hired by Poland’s gas transmission system operator (TSO), Gaz-System, on an assignment related to a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG

about 3 months ago

Low-Carbon Transition

Oil & gas players unlocking $500 billion opportunity with AI and digitalization

By employing digitalization and artificial intelligence (AI), Rystad Energy, an energy market intelligence group, has highlighted that exploration and production (E&P) companies could reap close to $500 billion in cumulative value between 2026 and 2030.

about 3 months ago