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Transition

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Business Developments & ProjectsCollaborationOutlook & StrategyVisionBusiness & FinanceExploration & ProductionMarket OutlooksEnvironmentInfrastructureProject & TendersResearch & DevelopmentAuthorities & GovernmentRegulation & PolicyVesselsRules & RegulationCarbon Capture Usage & StorageEquipmentGreen MarineInnovation
JERA launches new company to spur corporate ‘green transformation’
Transition

JERA launches new company to spur corporate ‘green transformation’

JERA has established a new business, JERA Cross, intending to combine the company’s energy, digital and business transformation capabilities to accelerate corporate “green transformation.”

about 2 years ago
Air Liquide
Transition

Air Liquide issues €500 million green bond for sustainable energy projects

Air Liquide has issued a new €500 million green bond to finance or refinance flagship energy transition and sustainable projects, in particular in low-carbon hydrogen, carbon capture and low-carbon air gases.

about 2 years ago
Illustration; Source: National Grid
Transition

Over $76 billion set aside for energy projects across the Atlantic over next five years

National Grid has unveiled its investment plan for the 2024-29 period, earmarking £60 billion (close to $76.5 billion) for energy projects that will step up its decarbonization game and propel the energy transition momentum forward on both sides of the Atlantic Ocean.

about 2 years ago
Industry unites to bridge knowledge gap on effects of subsea cables on marine wildlife
Transition

Industry unites to bridge knowledge gap on effects of subsea cables on marine wildlife

A number of companies from the industry have joined forces in a project to investigate the effects of subsea electricity cables on marine wildlife, expected to contribute to developing environmentally friendly power cable systems. The FlatEMF project, being undertaken by 50Hertz, EirGrid, Europacabl

about 2 years ago
GEOxyz about to kick off surveys at fourth Eastern Green Link
Transition

GEOxyz about to kick off surveys at fourth Eastern Green Link

Marine environmental surveys and geotechnical surveys are scheduled to begin next month for the fourth high voltage direct current (HVDC) electrical link that is part of the UK’s plans to enhance the electricity network. GEOxyz will carry out the surveys for the Eastern Green Link 4 (EGL4) project u

about 2 years ago
Corvus Energy
Transition

Corvus Energy battery systems for Panama Canal’s ten new hybrid tugs

Norwegian energy storage company Corvus Energy has been contracted to supply battery systems for ten hybrid tractor tugboats ordered by the Panama Canal Authority.

about 2 years ago
Illustration; Source: ExxonMobil
Transition

ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

ExxonMobil has received a green light from a federal judge to proceed with legal action against Arjuna Capital.

about 2 years ago
Industry players present ‘key’ actions to bolster UK’s hydrogen economy
Transition

Industry players present ‘key’ actions to bolster UK’s hydrogen economy

The Hydrogen Coordination Forum, which brings together a range of UK and regional bodies across the hydrogen landscape, has announced ten “key” actions to support the scale-up of new hydrogen infrastructure.

about 2 years ago
NSTA plans to introduce 'user pays' carbon storage levy once market is self-sustainable
Transition

‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future, once the carbon capture and storage (CCS) industry begins operating on a more self-sustaining basis. The NSTA ran a call for evidence between December 4, 2023, and

about 2 years ago
US state fund looking to invest in Greece-Cyprus-Israel interconnector
Transition

US state fund looking to invest in Greece-Cyprus-Israel interconnector

A U.S. state fund has expressed its interest in investing in an interconnection project that will link the electricity grids of Greece, Cyprus and Israel. The U.S. International Development Finance Corporation (DFC) has submitted a letter of intent (LoI) to Greece’s transmission system operator (TSO

about 2 years ago
Illustration; Courtesy of Shell
Transition

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

about 2 years ago
'Dramatic energy savings' on the menu for one of Solstad's largest CSVs
Transition

‘Dramatic energy savings’ on the menu for one of Solstad’s largest CSVs

One of the largest construction support vessels (CSVs) in Solstad Offshore’s fleet is set to receive an energy-efficient upgrade said to allow “dramatic energy savings”. Kongsberg Maritime has been appointed to upgrade the Normand Sentinel from AZP 120 CP mechanical thruster to RD-AZ2600 rim-drive a

about 2 years ago
Coral-Sul FLNG; Source: Eni
Transition

ADNOC widens its global LNG arsenal by joining Eni’s Coral Sul FLNG project

ADNOC is burning the midnight oil to enlarge its liquefied natural gas (LNG) portfolio, as illustrated by its deal with Galp.

about 2 years ago
Asso.subsea comes on board Ireland’s first power connection with continental Europe
Transition

Asso.subsea comes on board Ireland’s first power connection with continental Europe

Greece’s Asso.subsea has joined forces with French cable maker Nexans to perform subsea burial operations for what will become Ireland’s first power connection with continental Europe. The Celtic Interconnector spans 575 kilometers, constituting a high voltage direct current (HVDC) connection across

about 2 years ago
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