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Transition

Allseas begins prep work for Australia’s ‘largest-ever’ offshore decommissioning job

Allseas has begun the planning and preparation for what it says is the largest-ever offshore decommissioning assignment in Australia, encompassing the removal of up to 12 retired platforms. Allseas has been appointed by Esso Australia, a subsidiary of ExxonMobil Australia, to remove 12 topsides and

about 1 year ago

Transition

Fugro takes its uncrewed subsea inspections to the Americas

Brazilian oil and gas giant Petrobras and Dutch geo-data specialist Fugro have signed a 175-day addendum to their current inspection, repair and maintenance (IRM) services contract to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil. Work will start in January

about 1 year ago

Transition

Global alternative-fueled ship fleet is on the rise, dictating new skillset

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.

about 1 year ago

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

Transition

SBM Offshore’s new Brazil-bound FPSO sets sail from China toward Petrobras’ giant oil field

Petrobras is looking forward to welcoming the fifth addition to its huge oil field off the coast of Brazil once a floating production, storage, and offloading (FPSO) vessel, which left a Chinese shipyard to embark on a miles-long journey toward the pre-salt layer of the Santos Basin, arrives to achi

about 1 year ago

Transition

OEEC: CCS will employ as many people as oil & gas at its peak

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

11 minutes read

Transition

Fugro on ground investigation duty for Equinor’s European CO2 highway

Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate

about 1 year ago

Transition

UK’s growing underwater industry hits £9.2B, gov’t urged to react to reach potential

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

about 1 year ago

Transition

BP and ADNOC’s XRG bring new gas player into existence

BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt.

about 1 year ago

Transition

As Switzerland adopts national hydrogen strategy, Axpo and partners launch new production plant

Switzerland’s Federal Council adopted the national hydrogen strategy the same day that Axpo and its partners broke ground on the site of a new hydrogen production plant to be constructed by H2Uri.

about 1 year ago

Sumitomo completes 27-kilometer interconnector in the Philippines

Transition

Sumitomo completes 27-kilometer subsea interconnector in the Philippines

Japan-headquartered Sumitomo Electric Industries has completed an interconnector in the Philippines which included the installation of a 27-kilometer-long high-voltage submarine power cable. The project involved laying a 230 kV AC submarine cable of 1,200 MW capacity along a 27-kilometer route betwe

about 1 year ago

Energy industry needs to activate to improve North Sea seabed security, OEEC panel says

Transition

‘Blind underwater’: Energy industry needed to improve North Sea seabed security, OEEC panel says

Security is a topic that has expanded in the last couple of years, bringing new worries to Europe. With a number of incidents occurring in European seas that harmed subsea (energy) infrastructure, seabed security made its way onto one of the first places on the energy security chart. A panel at Offs

about 1 year ago

Transition

ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output

ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow.

about 1 year ago

Transition

Busan Port set for ‘major’ overhaul as part of South Korea’s $10 billion maritime strategy

South Korea’s Ministry of Oceans and Fisheries (MOF) has unveiled a whopping 14 trillion KRW (circa $9.78 billion) investment plan to upgrade the Port of Busan by 2045 aiming to achieve the world’s largest container handling capacity and establish the port as a “leading” logistics hub in the region.

about 1 year ago

Transition

UK’s first ever carbon storage becoming a reality, first injection expected in 2027

The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is

about 1 year ago