As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m
The North Sea decommissioning sector continues to face delays, as technical, regulatory, and financial hurdles prevent the rapid shutdown of offshore assets on the UK Continental Shelf (UKCS), according to a new analysis from Wood Mackenzie, an energy intelligence group. While the UK Government’s En
While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.
A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top
With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30
The shipping industry is standing on the cusp of a major transformation with FuelEU Maritime in force starting today, January 1, 2025, compelling maritime stakeholders to meet the European Union’s (EU) decarbonization goals and pushing for ‘significant’ emissions reductions while making green fuels
The French sailing fleet now comprises eleven large cargo ships, with four new wind-powered vessels added to the fleet in 2024, Association Wind Ship revealed.
Perenco UK and Carbon Catalyst Limited are completing the final preparations for the CO2 injection test at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. The partners secured a license to progress the Poseidon CCS pro
Seagliders will have a positive impact on Hawaiʻi, according to a study commissioned by the Hawaiʻi Seaglider Initiative (HSI), a coalition of local stakeholders working to increase awareness and adoption of seagliders in the state.
The number of vessels ordered with alternative-fueled capability is growing with 27 ammonia and 322 methanol-fueled vessels currently on the orderbooks, according to DNV’s Alternative Fuels Insights platform.
Westwood Global Energy, an energy market research and consultancy firm, has identified 23 projects in the European pipeline that have been classed as cancelled or stalled across 11 major European countries that make up the majority of the hydrogen opportunity.
LNG dual-fueled vessels provide ‘the lowest’ compliance cost for meeting EU and IMO decarbonization regulations, an analysis by industry coalition SEA-LNG found.
Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply
The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost
