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UN coordinator urges public help with funding to stave off ‘5th largest oil spill from a tanker in history’

Environment

UN coordinator urges public to help stave off ‘5th largest oil spill from a tanker in history’

UN Coordinator has urged the public to help with funding to head off a decaying oil tanker threat and prevent an oil spill in the Red Sea.

about 4 years ago

Environment

QatarEnergy signs up for initiative to remove methane footprint from oil & gas industry

QatarEnergy has joined an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.

about 4 years ago

Environment

Two players join forces to research carbon capture and global supply chain

American Bureau of Shipping (ABS) has teamed up with TAMUQ to launch a study into carbon capture and the global supply chain.

about 4 years ago

A photo of the G7 ministers at the meeting in Berlin in May 2022

Environment

In focus: G7 puts fossil fuel financing in crosshairs, commits to electricity sector decarbonization

The latest meeting of the G7 ministers for climate, energy, and environment has resulted in further commitments from the world’s most developed countries to curb the rise in global temperatures to 1.5°C and assist the countries affected the most by climate change. One of the commitments that stands

about 4 years ago

Energy transition ramp-up did not derail oil & gas exploration in 2021, Westwood says

Environment

Energy transition acceleration did not derail oil & gas exploration in 2021, Westwood says

Westwood Global Energy reveals that oil & gas exploration remained resilient in 2021 undeterred by the accelerating energy transition.

about 4 years ago

UAE player wins gig with Yinson to work on Brazil-bound FPSO

Environment

Yinson taps UAE player for FPSO upgrade work

Drydocks World Dubai has inked a deal with Yinson to upgrade an FPSO vessel, which will operate for Enauta offshore Brazil, upon completion.

about 4 years ago

UN spearheads efforts to raise $80 million to prevent major oil spill off Yemen

Environment

UN spearheading efforts to raise $80 million to prevent major oil spill off Yemen

The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.

about 4 years ago

Canadian player wins gig on ADNOC’s offshore ops decarbonisation project

Environment

Canadian player to work on ADNOC’s power project for offshore operations

ADNOC has awarded a deal to SNC-Lavalin for its offshore ops power project, which is expected to spearhead its decarbonisation efforts.

about 4 years ago

Environment

Oil and gas to catapult global energy spending to record highs in 2022, Rystad says

Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.

about 4 years ago

Environment

World Bank: How can carbon revenues support the green transition of shipping?

The money raised through carbon pricing could be allocated towards many purposes. The decarbonization of the shipping industry itself is priority number one, according to a new report released by the World Bank.

about 4 years ago

Environment

In focus: Accelerating the energy transition

The global energy transition continues to be a strategic priority for many players, including those involved in the maritime and offshore energy sectors.

about 4 years ago

Environment

Shipping industry: Planned $5B R&D fund could support developing countries’ decarbonization

Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.

about 4 years ago

Neptune going beyond net-zero in bid to store more CO2 than it emits by 2030

Environment

In focus: To net-zero and beyond

In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp

about 4 years ago

Environment

In focus: highlights from an industry in change

The world is changing fast and the offshore energy industry goes along with it.

about 4 years ago