Search results for: north sea region hydrogen

374 results

A list of search results

  • Wind propulsion gaining ground in the transition to zero-emissions ships

    29 December 2020
    Environment, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Technology, Transition, Vessels

    The black swan year of 2020 has brought many challenges for the shipping industry, including the ongoing crew change crisis, but it has also shown how the sector can be resilient in the face of adversity and pressure. Gavin Allwright, Secretary-General of the International Windship Association (IWSA), explained that the lessons learned during the pandemic […]

  • World’s largest e-methanol facility gets €53 million boost

    17 October 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Danish renewables developer European Energy has received €53 million from the Danish Green Investment Fund (DGIF) for its upcoming Power-to-X (PtX) facility in Kassø, which will be the largest e-methanol facility in the world to date. The financing from the fund is part of the total investment in the facility and is seen as a big […]

  • Stabilis gets credit facility to boost growth

    13 April 2021

    U.S.’s small-scale LNG provider Stabilis Solutions has secured a $10 million credit facility to support the company’s working capital requirements.

  • In focus: Energy transition caught between cooperation and fragmentation

    20 January 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Research & Development, Technology, Transition, Vessels

    The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect storm. “We need to recreate global growth. […]

  • Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns

    1 September 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.

  • Large-scale demonstrations key to attracting marine energy investments

    17 March 2021
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    As the transition to renewable energy gains pace worldwide, marine energy and its predictable and reliable nature, backed by versatile application potential, is bound to find its place in the future energy mix. However, the sector first needs to demonstrate its ability to go large-scale to attract big investments and jump-start the commercialization of the marine energy industry.

  • OEUK: Raising windfall tax could put oil & gas investments at risk and undermine UK’s energy security

    14 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Offshore Energies UK (OEUK) has warned that the windfall ‘supertax’ proposal risks driving out oil and gas investments from the UK waters.

  • BP’s profit takes a hard hit while oil & gas keep flowing and energy transition gathers speed

    1 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    BP has revealed solid results for the second quarter of 2023, however, this represents a 70 per cent decrease on a year-over-year basis.

  • LNG infrastructure, availability, and accessibility: How Titan LNG is supporting demand?

    2 August 2021
    Market Outlooks, Outlook & Strategy

    In a recent interview with Offshore Energy, Dutch independent LNG supplier Titan LNG shared its views and predictions on the demand for LNG as a marine fuel in the upcoming months and years.

  • Germany charters four floating LNG terminals, cutting dependence on Russia

    5 May 2022
    Authorities & Government, Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vessels, Vision

    Germany’s government has entered into charter agreements to secure four floating liquefied natural gas (LNG) terminals, representing one of the first big steps to cut the country’s dependence on Russian gas.

  • In focus: Time to part ways with old habits

    25 June 2021
    Business & Finance, Environment, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Old habits die hard. Hence, it may be a lot more difficult for the offshore energy industry and the maritime sector to make peace with the transition they have to undergo and renounce previous business practices. The message was echoed in this week’s protest of Greenpeace environmental activists, who chained themselves in front of the […]

  • Renewable energy investments swelling, oil & gas giants’ energy transition speeding up

    2 July 2020
    Business & Finance, Market Outlooks, Outlook & Strategy

    Offshore wind could become a $ 1 trillion industry over the next two decades, and renewable energy in general will create an investment opportunity of between $ 8 trillion and $ 16 trillion by 2030, according to some of the reports recently published. Meanwhile, oil & gas giants are making concrete steps in the renewable […]

  • World’s biggest maritime cargo carriers join Safetytech accelerator

    22 February 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Safety, Technology, Transition, Vessels

    Some of the world’s biggest maritime cargo carriers are joining forces with the world’s first industrial safety technology accelerator to launch an innovation initiative to reduce cargo loss at sea. The companies joining the accelerator are Evergreen Line, HMM, Maersk, the Offen Group, Ocean Network Express (ONE), Seaspan as well as Lloyd’s Register. The aim […]

  • TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day

    27 July 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    TotalEnergies has disclosed strong results for the second quarter and first half of 2023, thanks to its multi-energy strategy.

  • ‘Energy saving will be crucial when it comes to the energy transition’

    14 April 2020
    Innovation

    Interview with Julian Manning, CEO of Paradigm Group Julian Manning is the CEO of Paradigm Group. The company specialises in innovative upstream oil and gas technologies covering Drilling Operations, Well Intervention and Pipeline blockage removal. “All our core developments disrupt conventional ways of executing operations. From understanding an industry issue, to creating an alternative solution […]

  • Interview with MCF’s CEO: In hot pursuit of gas as embodiment of low-carbon energy and stepping stone to green future

    3 July 2023
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Natural gas is perceived to be the perfect candidate to bridge the supply gap in the transition from fossil fuels to renewables.

  • Santos seeks to register Moomba CCS project with regulator ahead of sanction

    1 October 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Transition

    Santos is starting the process in which it will apply to register its Moomba CCS project ahead of its final investment decision.

  • Climate goals: wait for a stricter agreement or take responsibility?

    16 November 2021

    Every time there is research done on CO2 pollution by a prominent university or leading independent organization, the conclusion is the same: the shipping industry is on its way to become the most polluting industry there is. Some scientists have projected that maritime shipping could account for 17% of total annual CO2 emissions by 2050. And yet, […]

  • In focus: Getting to net-zero emissions and low-carbon economy

    17 December 2021
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Technology

    The recently held 2021 United Nations Climate Change Conference (COP26) brought to light many questions surrounding the transition to a more sustainable future, but more importantly the event showed that countries worldwide are committed to accelerate their decarbonisation plans, strengthening the emissions-reduction targets for 2030. Even more, decarbonisation has become a global imperative and a […]

  • EU sets out plan to tackle double whammy of dependence on Russian fossil fuels and climate crisis

    18 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Safety, Transition

    The European Commission has presented a plan on how the EU can rapidly reduce its dependence on Russian fossil fuels and fast forward the green transition.

  • New legal storm looms over the UK: Will it scrap its £11.6 billion climate pledge?

    7 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Human Capital, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The plot thickens further with a leaked document about the UK’s alleged plans to scrap its £11.6 bln (close to $14.9 billion) climate pledge.

  • UK Govt assigns £60 million for clean shipping

    29 September 2022
    Authorities & Government, Business & Finance, Green Marine, Project & Tenders, Research & Development, Technology, Transition

    The UK Government is launching a £60 million (approximately $64.7 million) clean maritime competition aimed at helping finance innovative projects that can facilitate the maritime sector to cut its greenhouse gas emissions. The announcement coincides with World Maritime Day, which this year focuses on the theme of ‘New technologies for greener shipping‘. This is the third […]

  • Gibson: 27 LNG-fuelled ships ordered so far this year

    12 April 2021

    Since the start of the year, there have been 27 LNG-fuelled vesselsordered, according to a recent market insight from Gibson Shipbrokers. Of these, 14 have been tankers, nine have been container vessels, two general cargo, and PCCs respectively. The vessels will be built through to 2024. Furthermore, IMO figures show that the current orderbook for […]

  • Gas rush paints LNG as energy transition’s trump card to low-carbon future

    12 July 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

  • Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

    1 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.