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Transition - Offshore Energy

Transition

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Transition

Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters low-carbon shift with spike in renewables

Equinor has maintained a stable net profit in Q2 2024, with a drop quarter on quarter but a slight increase compared to the same period 2023.

about 2 years ago

Transition

FPSO staying in Scotland’s Orkney Islands for revamp ahead of redeployment to UK firm’s flagship North Sea oil project

A 2017-built FPSO, destined to work on a redevelopment project in the North Sea, will spend up to a year in Scapa Flow, according to Orkney Harbour Authority.

about 2 years ago

Transition

Two consortia shortlisted for ammonia project on Jurong Island

EMA and MPA have shortlisted two consortia that will proceed to the next round of evaluations of proposals to provide a low- or zero-carbon ammonia solution on Jurong Island for power generation and bunkering.

about 2 years ago

FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni

Transition

Eni’s revamped FPSO and FSO getting ready to set sail for ‘Africa’s first net-zero emissions’ oil & gas project (Video)

Eni and Altera Infrastructure have held a naming ceremony for an FPSO and FSO, which underwent conversion works for a year.

about 2 years ago

Transition

Germany approves import strategy for hydrogen and its derivatives

German Federal Cabinet has approved the import strategy for hydrogen and hydrogen derivatives.

about 2 years ago

Coral-Sul FLNG (for illustration purposes); Source: Eni

Transition

Interview: Africa’s oil & gas, renewables, and low-carbon plays set to flourish in the embrace of digitalization

One of Africa’s key tools to boost economic growth and take advantage of energy plays lies in the rollout of digital technologies to push production to all-time high levels and enhance the set of offerings to navigate and tackle safety, climate, costs, and regulatory complexities.

about 2 years ago

8th Ministerial on Climate Action; Source: COP28

Transition

Chinese oil & gas major commits to global decarbonization initiative

PetroChina has joined the OGDC, a pledge aiming to accelerate decarbonization in the oil and gas sector worldwide.

about 2 years ago

Transition

Woodside splashes out $900 million to bring ‘global LNG powerhouse’ into play

Woodside has struck a deal to bolster its liquefied natural gas (LNG) arsenal by acquiring Tellurian, a U.S.-based natural gas player.

about 2 years ago

Transition

Interview: Carbon insetting is applicable to all green fuels

As the maritime industry is looking for ways to reduce CO2 emissions and reach its ultimate goal of net zero, carbon insetting has emerged as a promising strategy. While some shipping companies have already pioneered carbon insetting, others still perceive it as uncharted territory.

about 2 years ago

Transition

Dawn of European hydrogen market – is EU doing enough to support it?

To support the development of the European hydrogen market, the European Union (EU) has, among other activities, adopted a regulation and a directive establishing internal market rules for hydrogen and started work on a pilot mechanism that aims to accelerate investments. However, major European hyd

about 2 years ago

Digital rendering of Port Arthur LNG Project phase 1 and 2; Credit: Sempra

Transition

US player picks up work on second phase of LNG export terminal in Texas

Sempra has inked a fixed-price contract for the planned expansion project to double the natural gas liquefaction capacity of an export terminal in Southeast Texas, United States.

about 2 years ago

Transition

Interview: North Sea at the heart of Europe’s CCUS efforts with power generation woven into its fabric

The North Sea offers hope that Europe can stay afloat in the coming years and tackle climate change woes by drinking from the well of an ever-growing palette of low-carbon and clean energy sources to quench the net zero thirst with carbon capture utilization and storage (CCUS) as the keystone of gre

11 minutes read

Transition

MODEC’s Brazil-bound FPSO sets the bar on sustainability for newbuild units of this type

MODEC has celebrated the approval in principle (AiP) bestowed upon its FPSO vessel for Abate Notation from the classification society DNV.

about 2 years ago

Illustration; Source: Offshore Energies UK (OEUK)

Transition

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago