Search results for: north sea region hydrogen

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A list of search results

  • Offshore facility electrification to slash O&G industry’s CO2 emissions, Axiom says

    8 July 2020
    Environment, Exploration & Production, Research & Development, Technology, Transition

    Offshore energy research and advisory firm Axiom has studied how the electrification of platforms can have a meaningful impact on the carbon intensity of offshore oil and gas production. The above chart highlights Axiom’s view on how the 2020-2024 fixed production market has evolved through February to June 2020. Recent market conditions have pushed operators […]

  • COVID-19: A pivot point for the energy transition

    30 June 2020
    Market Outlooks, Outlook & Strategy, Transition, Vision

    The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to greener energy during the coronavirus pandemic.

  • Port of Rotterdam feels impact of COVID-19 on cargo volumes

    23 July 2020
    Infrastructure, Ports & Logistics

    The Dutch Port of Rotterdam, Europe’s largest sea port, saw a 9.1 per cent decrease in its throughput in the first half of 2020 as a result of the economic impact of the COVID-19 pandemic.

  • Go(ne)ing with the wind: 40 ships to have wind propulsion installed by the end of 2022

    1 July 2020
    Equipment, Innovation, Research & Development, Technology, Vessels

    Wind-assisted ship propulsion has immense potential for achieving fuel savings and cutting emissions. Even though it is not believed to be THE solution for full decarbonization of the industry and getting to net-zero, it has emerged as an intermediary step which, when combined with other available solutions like air bubbles, anti-fouling, and different software solutions […]

  • Equinor files key document ahead of plans to invest billions in UK oil and gas project

    5 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Rules & Regulation, Transition

    Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities

  • Decarbonization: How to order future-proof ships when we don’t know the end game?

    24 June 2020
    Innovation, Research & Development, Vessels, Vision

    The path toward decarbonization of the shipping industry in line with the IMO 2050 target – a reduction of 50% by 2050 compared to 2008, which still fails to deliver fully on the Paris Agreement objectives, is filled with uncertainty, which might be the main obstacle to the very vision this journey promises to accomplish. […]

  • NOIA sees Gulf Coast’s potential for global CCUS hub

    14 January 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    NOIA anticipates the Gulf Coast could turn into a global CCUS hub, positioning the emerging U.S. CCUS sector as a top-tier market player.

  • In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

    14 January 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vessels

    Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, lower-carbon energy mix, paving the way towards the net-zero future.

  • U.S. Congress receives another bill aiming to secure offshore wind revenue for GOM states

    2 August 2022
    Authorities & Government, Regulation & Policy

    After a bill on the U.S. coastal states’ revenue from offshore wind projects in the federal waters of Gulf of Mexico (GOM) was introduced last year in the US Senate, a similar bill has now been introduced in the House, seeking not only a revenue share for the states from offshore wind but also an increase in what the GOM states get from offshore oil and natural gas projects.

  • Shell, TotalEnergies eye new projects in Gulf of Mexico and it’s not oil & gas

    2 March 2023
    Business & Finance, Business Developments & Projects

    Oil and gas majors Shell and TotalEnergies have prequalified for an offshore wind lease sale in the Gulf of Mexico.

  • U.S. and European giants deliver ‘excellent’ results despite the downturn in oil & gas prices

    3 May 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.

  • MAN ES ignites excitement: Single-cylinder test of long-awaited ammonia engine about to kick off

    31 May 2023
    Business Developments & Projects, Environment, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Safety, Technology, Transition

    German engine manufacturer MAN Energy Solutions says its long-awaited engine is ready to burn ammonia on a single cylinder.

  • LNG is no longer creating the buzz, ammonia is

    31 May 2021
    Environment, Equipment, Research & Development, Transition, Vessels

    Engine manufacturer MAN Energy Solutions is confident that it would meet its target of developing a commercially viable, ammonia-powered marine engine by 2024. The engine would be intended for large, ocean-going containerships

  • Future Proof

    21 July 2022

    15:30 – 16:30 | Wednesday 30 November During the session ‘Future Proof’ industry experts from the offshore energy sector share their visions on the market and the future. Topics like cyber security, a sustainable implementation of hydrogen and investing in nature while building offshore are on the table. Steve Crolius, President of Carbon Neutral Consulting […]

  • Interview with Silverstream CEO: Increasing ship efficiency a matter of business survival

    22 February 2021
    Business & Finance, Environment, Outlook & Strategy, Technology, Transition, Vessels

    Ship owners will have to make their vessels more efficient regardless of the pathway they choose to meet the upcoming regulatory requirements on greenhouse gas (GHG) emissions in 2030 and ultimately 2050. Making vessels more efficient will be vital in ensuring owners remain competitive in the business and avoid the risk of having an obsolete […]

  • Mission Innovation: Govts commit to accelerate innovation in clean energy technologies

    10 November 2021
    Authorities & Government, Business Developments & Projects, Collaboration, Environment, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    22 Governments and the European Commission, collaborating through Mission Innovation, have announced four missions to catalyse investment and action to make the clean energy technologies that will decarbonise the most challenging sectors.

  • Two UK carbon capture and storage projects selected for state funding

    19 October 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Transition

    UK has selected two clusters to receive the funding and develop their proposed carbon capture usage and storage projects starting from 2025.

  • 2022 brings bumper profits for U.S. oil majors Chevron and ExxonMobil

    1 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    U.S. oil and gas majors Chevron and ExxonMobil have revealed record 2022 profits of $35.5 billion and $55.7 billion, respectively.