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Transition

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Business & FinanceBusiness Developments & ProjectsProject & TendersVesselsInnovationOutlook & StrategyTechnologyVisionCollaborationExploration & ProductionEnvironmentGreen MarineAuthorities & GovernmentRegulation & PolicyCertification & ClassificationMarket OutlooksSafetyPorts & LogisticsCarbon Capture Usage & StorageInfrastructure
Illustration; Source: Hanwha Ocean
Transition

South Korean shipbuilder wins $1.8 billion contract for 8 LNG vessels

Korean shipbuilding major Hanwha Ocean has received a construction order for eight LNG vessels from an undisclosed shipowner.

about 2 years ago
Reach Subsea's first Reach Remote USV sea-launched
Transition

Reach Subsea’s first Reach Remote USV sea-launched

Reach Subsea has sea-launched the first unit of its Reach Remote fleet of uncrewed 24-meter surface vessels (USVs), which will, as the Norwegian company says, “revolutionize offshore subsea operations, aligning with sustainability initiatives”. The first Reach Remote unit was sea-launched on Monday,

about 2 years ago
Fincantieri, Eni and Rina to develop joint initiatives for maritime decarbonization
Transition

Fincantieri, Eni and Rina to develop joint initiatives for maritime decarbonization

Italian shipbuilding major Fincantieri, classification society RINA and energy major Eni have signed an agreement to develop joint initiatives in the field of maritime transport decarbonization.

about 2 years ago
Illustration; Source: Energy Industries Council (EIC)
Transition

Widening chasm between reality and ambitions endangers net zero targets

The rift between the current energy landscape and greener desires continues to expand, putting global net zero targets in peril.

about 2 years ago
Fugro vessel ready to be equipped with methanol engines
Transition

Fugro vessel ready to be equipped with methanol engines

Fugro’s geophysical vessel Fugro Pioneer is ready to be equipped with methanol engines following the conversion of the main components on board. The vessel was converted in the Netherlands as part of the Fugro-led Methanol as Energy Step Towards Emission-free Dutch Shipping (MENENS) consortium with

about 2 years ago
Noble Invincible (former Maersk Invincible); Source: Noble Corporation
Transition

Noble steps up its offshore drilling decarbonization game

Noble Corporation has embarked on the fleetwide rollout of a digital emission-monitoring solution, which has now been fitted on 29 rigs.

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Transition

Türkiye puts wind in Black Sea oil & gas exploration sails while chasing energy independence

Türkiye is planning to embark on further drilling activities in the Black Sea during 2024 in the hopes of finding more hydrocarbons.

about 2 years ago
3D rendering of the Ammonia fuelled MGC, provided by Hyundai Mipo Dockyard
Transition

Lloyd’s Register: Safety is crucial for adoption of ammonia as marine fuel

A report by Lloyd’s Register has highlighted the need for an industry-wide understanding of the operational and safety challenges surrounding the use of ammonia as a marine fuel.

about 2 years ago
Ulsan Port joins DNV’s decarbonization network to spearhead green efforts
Transition

Ulsan Port joins DNV’s decarbonization network to spearhead green efforts

Ulsan Port has become a member of DNV Korea’s decarbonization network, reaffirming its pledge to environmentally friendly shipping practices.

about 2 years ago
UK CCS cluster step closer to execution phase with approval for CO2 pipeline
Transition

UK CCS cluster step closer to execution phase with approval for CO2 pipeline

The UK Government has granted a development consent order (DCO) for a newbuild CO2 pipeline that will transport CO2 from capture plants across the North West of England and North Wales to permanent storage in Eni’s depleted natural gas reservoirs, located under the seabed in Liverpool Bay. The Secre

about 2 years ago
Norwegians to build 'first of its kind' energy subsea construction vessel
Transition

Norwegians to build ‘first of its kind’ energy subsea construction vessel

Norwegian shipping company Rem Offshore has placed an order with compatriot Myklebust Verft for the construction of an energy subsea construction vessel (ESCV) said to be the first of its kind to perform heavy construction work in both offshore wind and subsea with net zero emissions. According to R

about 2 years ago
Wärtsilä
Transition

EU ETS and FuelEU Maritime to close price gap between green and fossil fuels, report finds

Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a new report launched by Finnish technology group Wärtsilä.

about 2 years ago
UK's 2 GW subsea electricity superhighway first to progress through Ofgem's fast-track process
Transition

2 GW subsea electricity superhighway first to progress through Ofgem’s fast-track process

UK energy market regulator Ofgem has selected a 2 GW high-voltage direct current (HVDC) subsea cable as the first project to proceed under the new fast-track process and to receive a provisional £2 billion funding package. Eastern Green Link 1 (EGL1) is being developed by National Grid Electricity T

about 2 years ago
Jean Paul Prates, Petrobras' CEO; Source: Petrobras
Transition

Petrobras CEO paints oil & gas industry as ‘fundamental’ piece of energy transition puzzle

The CEO of Brazil’s Petrobras is adamant that oil and gas are an integral part of the energy transition engine.

about 2 years ago
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