555 results found for 'COP27'

555 results found for 'COP27'
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  • Global Green Shipyard Alliance formed to accelerate maritime sustainability

    19 May 2025
    Collaboration, Outlook & Strategy, Transition, Vision

    Drydocks World, part of the UAE-based logistics giant DP World, has co-founded the Global Green Shipyard Alliance (GGSA), an international coalition of shipyards committed to accelerating the maritime industry’s sustainability transition.

  • ‘World’s first’ liquid hydrogen corridor to link Oman, the Netherlands and Germany

    16 April 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Storage, Transition

    A joint development agreement (JDA) has been signed to establish the “world’s first” liquid hydrogen corridor, connecting Oman, the Netherlands and Germany.

  • TotalEnergies set to boost India’s gas market with decade-long LNG supply

    12 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    TotalEnergies has struck a new deal with India’s state-owned oil and gas company, Gujarat State Petroleum Corporation (GSPC), to provide around six liquefied natural gas (LNG) cargoes for ten years.

  • APM Terminals opts for SANY Marine battery-electric solutions

    10 June 2025
    Equipment, Infrastructure, Ports & Logistics

    APM Terminals, a container terminal operator based in the Netherlands and part of Danish shipping and logistics giant Maersk, and SANY Marine, a Chinese port and logistics equipment provider and a subsidiary of SANY Group, have signed a master framework agreement to drive decarbonization.

  • World’s dual-fuel fleet surges to 2,119 vessels

    30 December 2024
    Infrastructure, Vessels

    The past few years have witnessed a significant increase in clean fuel-powered ships, with the global dual-fuel fleet currently standing at 2,119 vessels with a combined capacity of 123 million gross tons.

  • Brazil and Norway unveil green shipping corridor plan

    10 March 2025
    Authorities & Government, Outlook & Strategy, Regulation & Policy, Transition

    Brazil and Norway have decided to establish a green shipping corridor between the two countries in an effort to contribute to zero-carbon emissions in maritime transport.

  • ‘Mixed progress’ leading to uphill battle in EU’s emission reduction ambitions, report warns

    17 February 2025
    Authorities & Government, Environment, Regulation & Policy

    Although Europe’s maritime industry has made progress in cutting energy use and reducing certain pollutants, greenhouse gas (GHG) emissions as well as biodiversity conservation remain a ‘gargantuan’ challenge, a new report has stressed. According to the second edition of the European Maritime Transport Environment Report published in early February 2025 by the European Maritime Safety […]

  • COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

    24 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Transition

    COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

  • UCL: Can GHG levy and e-fuel subsidy drive zero-emission shipping forward?

    30 January 2025
    Authorities & Government, Regulation & Policy, Transition

    A high greenhouse gas (GHG) price coupled with targeted subsidies for e-fuels have shown to be “essential” for mending the competitiveness gap between zero-emission fuels such as green ammonia and other early compliance options like liquefied natural gas (LNG), biofuels and carbon capture and storage (CCS), a new analysis found. According to a recent report […]

  • 2024 energy plays in review: Uptick in renewables and clean tech, but oil & gas still hold energy security keys

    1 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Regulation & Policy, Transition

    As another turbulent year for the energy markets, 2024 witnessed a further escalation in geopolitical tensions and conflicts, leading to a mixed bag of achievements, missed opportunities, and rough energy seas not only for the goal of tripling clean sources of supply but also for dominant fossil fuels, which showed their resilience in the face of multiple legal challenges aiming to shut oil, gas, and liquified natural gas (LNG) down.

  • Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

    23 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Regulation & Policy, Transition

    Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The calls for the Global North to pay up for climate damages have reached a crescendo.

  • WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task

    2 January 2025
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture and storage (CCS) projects, and the potential of offshore wind compared to oil and gas in the North Sea.

  • Interview with X-Press Feeders: Greater adoption of hybrid fuel systems, circular economy to spur shipping transition

    18 December 2024
    Business Developments & Projects

    Offshore Energy had the pleasure of speaking with Francis Goh, Chief Operating Officer (COO) of X-Press Feeders, about the current challenges that navigate the maritime industry .

  • Global efforts to get rid of potent greenhouse gas menace heat up – Giving methane the slip

    25 November 2024
    Business & Finance, Business Developments & Projects, Environment, Transition

    As waves of climate change woes buffet the world mercilessly, the zest to tackle the greenhouse gas (GHG) emissions challenge is spurring global action, with attempts to combat methane being first on the agenda.

  • Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit

    14 May 2025
    Business & Finance, Business Developments & Projects

    Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2025.

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

    16 December 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition

    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.

  • SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

    6 January 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition

    With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be within its target domain, as rising global energy demand, especially within the oil and gas arena, continues to loosen the purse strings, paving the way for smooth FPSO project financing.

  • COP29 pledge unites global port industry to ensure climate resilience of ports

    20 November 2024
    Collaboration, Outlook & Strategy

    Multi-stakeholder initiative Resilience4Ports has launched the first sectoral, action-based commitment to enhance and accelerate the resilience of ports from the effects of climate change.

  • COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

    18 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling the plug on coal, oil, and gas growth by embarking on massive scale fossil fuels phase-out. Will climate activists or Big Oil win this year’s round of high-stakes energy game?

  • Shell and QatarEnergy team up to supply China with LNG

    2 December 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.

  • IMO: The need for clean fuels persists in all transport modes

    29 November 2024
    Outlook & Strategy, Transition

    Spanning all transport modes, there is a need for affordable green fuels and energy sources to achieve global decarbonization goals. Different transport modes can work together to boost the production of clean fuels, the International Maritime Organization’s (IMO) Secretary-General recently highlighted.

  • TotalEnergies ups methane detection ante and signs up another firm to its drone-based tech

    19 November 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Technology, Transition

    TotalEnergies has set its cap on deploying real-time methane emissions detection equipment on all operated upstream assets as part of its efforts to curtail the methane footprint from its operations.

  • DNV spotlights strategies for cutting FuelEU Maritime compliance costs

    6 December 2024
    Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation

    While compliance with upcoming regulations will be expensive, applying certain strategies and measures can significantly reduce the cost, according to a new white paper from classification society DNV.

  • Optimizing port arrivals could cut emissions by up to 25%, report says

    6 December 2024
    Ports & Logistics

    Optimizing port arrivals to take into account port congestion or waiting times could reduce voyage emissions by up to 25% for some vessel types, a new report shows.

  • IMO ready for net-zero framework talks at COP29

    8 November 2024
    Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The International Maritime Organization’s (IMO) Secretary-General Arsenio Dominguez will lead the specialized agency’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024.