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NKT pursues shift to low-carbon aluminium with latest partnership
Transition

NKT seeks to cut carbon footprint of power cables with latest partnership

Subsea power cable manufacturer NKT and aluminium and energy company Hydro have entered into a strategic partnership to accelerate the shift towards low-carbon aluminium and increase its role in reducing the carbon footprint of power cables. As part of the partnership that aims to further decarboniz

about 2 years ago
Engineering and environmental studies launched for EU’s first hydrogen corridor
Transition

Engineering and environmental studies launched for EU’s first hydrogen corridor

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The European first major hydrogen corridor, the so-called H2Med project comprised of hydrogen interconnection between Portugal and Spain and a subsea pipeline connecting Spain and France (BarMar), is entering the next phase of its development with contracts for preliminary engineering and environmen

about 2 years ago
JAPEX partners with Invest Alberta to pursue CCS and hydrogen/ammonia projects in Canada
Transition

JAPEX partners with Invest Alberta to pursue CCS and hydrogen/ammonia projects in Canada

Japan Petroleum Exploration (JAPEX) and Invest Alberta Corporation (IAC), an investment attraction agency established by the government of Alberta, Canada, have formed a partnership seeking to develop projects in carbon capture and storage (CCS), carbon capture, utilization and storage (CCUS), bioen

about 2 years ago
Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs).
Transition

UK needs 27 GW of wave energy to reach cost-effective net-zero energy system, report says

To deliver a cost-effective net-zero energy system and with electricity consumption potentially trebling by 2050, the UK should seek to harness 27 GW of wave energy, according to research by Finland’s LUT University. LUT University investigated a series of potential scenarios for the UK and Ireland

about 2 years ago
Snohvit Future project (illustration); Source: Equinor
Transition

Equinor takes steps to bring electrification of Hammerfest LNG to life

Equinor has signed a call-off option with Multiconsult Norge for the engineering of the grid connection to Hammerfest LNG (HLNG).

about 2 years ago
CIP and LOTTE agree to bolster clean ammonia collaboration
Transition

CIP and LOTTE agree to bolster clean ammonia collaboration

Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund, has signed a memorandum of understanding (MoU) with Korea’s LOTTE Chemical Corporation to strengthen collaboration on clean ammonia projects. Under the MoU, the two companies will discuss and finalize agreements

about 2 years ago
Illustration; Source: Viaro Energy
Transition

Nuclear tech comes to oil & gas aid for ‘first time’ as decarbonization quest gains ground

Viaro Energy has now set the wheels in motion to throw low-carbon nuclear technology into the oil and gas sector’s decarbonization mix.

about 2 years ago
Illustration; Source: Aboitiz Power
Transition

Empowering Asian energy industry with Philippines’ first integrated LNG facility

Three players are setting in motion the Philippines’ first integrated liquefied natural gas (LNG) facility in Batangas.

about 2 years ago
PowerCell joins new EU project to develop marine fuel cells
Transition

PowerCell joins new EU project to develop marine fuel cells

Swedish hydrogen fuel cell provider PowerCell has joined H2Marine, an EU project aimed at developing innovative hydrogen solutions with a focus on developing and testing fuel cells specifically for marine applications. The project entails a comprehensive process of design, development, testing, and

about 2 years ago
Congo LNG project's FLNG Tango; Source: Eni
Transition

US in prime position to be the driving force behind Africa’s LNG and FLNG boom

The U.S. is poised to take the lead on the expansion of liquefied natural gas (LNG) and floating LNG (FLNG) projects in Africa.

about 2 years ago
Illustration; Source: Shell
Transition

With natural gas in high demand, Shell forecasts global LNG growth will top 50% by 2040

Shell has revealed its latest outlook on the global demand for LNG, predicting a rise in demand of more than 50% by 2040.

about 2 years ago
Illustration; Source: Wood Mackenzie
Transition

WoodMac: Are shifts in energy policy on the cards for oil & gas ecosystem and which forces will be at play in 2024?

While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.

about 2 years ago
High client demand brings 'strong' 2023 to Fugro
Transition

High client demand brings ‘strong’ 2023 to Fugro

Fugro has reported revenue of €2.2 billion for 2023, a 27.5% growth from €1.7 billion in 2022, said to be driven by high client demand in energy markets. For the full year of 2023, Fugro reported it had realized revenue growth on a currency-comparable basis by capturing high client demand in the off

about 2 years ago
PGS makes energy-efficient move for eight of its seismic vessels
Transition

PGS makes energy-efficient move for eight of its vessels

Norwegian seismic company PGS is switching to energy-efficient lighting for eight of its seismic vessels as part of its sustainability targets and desire to comply with emission reduction targets and new regulations. PGS appointed compatriot lighting company Glamox to deliver energy-saving lighting

about 2 years ago