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Environment

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DeepOcean marks 25th birthday with CO2 emissions reduction triumph
Environment

CO2 emission reduction triumph keeps DeepOcean on track towards 2030 target

Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target. DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 202

about 2 years ago
Sea Cargo Charter expands scope to boost shipping’s decarbonization
Environment

Sea Cargo Charter expands scope to boost shipping’s decarbonization

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The Sea Cargo Charter (SCC), a global framework for aligning chartering activities with responsible environmental behavior to promote international shipping’s decarbonization, is expanding its scope four years after its inception to accelerate shipping’s decarbonization.

about 2 years ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Environment

NSTA’s plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight

UK regulator North Sea Transition Authority (NSTA) has launched a new emissions reduction plan highlighting that action is required for production decarbonization, including action on flaring and venting and the electrification of oil & gas installations, to ensure the future of the industry and ach

about 2 years ago
Protesters at OMV Petrom HQ in Bucharest, Romania; Source: Greenpeace
Environment

Protesters against Black Sea gas project dub new drilling operations ‘the last thing the world needs’

Greenpeace activists have held a rally in Bucharest against “the largest natural gas project in the Romanian part of the Black Sea”.

about 2 years ago
Fugro vessel ready to be equipped with methanol engines
Environment

Fugro vessel ready to be equipped with methanol engines

Fugro’s geophysical vessel Fugro Pioneer is ready to be equipped with methanol engines following the conversion of the main components on board. The vessel was converted in the Netherlands as part of the Fugro-led Methanol as Energy Step Towards Emission-free Dutch Shipping (MENENS) consortium with

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Environment

Türkiye puts wind in Black Sea oil & gas exploration sails while chasing energy independence

Türkiye is planning to embark on further drilling activities in the Black Sea during 2024 in the hopes of finding more hydrocarbons.

about 2 years ago
UK CCS cluster step closer to execution phase with approval for CO2 pipeline
Environment

UK CCS cluster step closer to execution phase with approval for CO2 pipeline

The UK Government has granted a development consent order (DCO) for a newbuild CO2 pipeline that will transport CO2 from capture plants across the North West of England and North Wales to permanent storage in Eni’s depleted natural gas reservoirs, located under the seabed in Liverpool Bay. The Secre

about 2 years ago
Norwegians to build 'first of its kind' energy subsea construction vessel
Environment

Norwegians to build ‘first of its kind’ energy subsea construction vessel

Norwegian shipping company Rem Offshore has placed an order with compatriot Myklebust Verft for the construction of an energy subsea construction vessel (ESCV) said to be the first of its kind to perform heavy construction work in both offshore wind and subsea with net zero emissions. According to R

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Environment

Fossil fuels’ 75% methane cuts by 2030 come with $170 billion price tag

A new IEA analysis emphasizes the need for more action to bring forth the required emission reductions by 2030.

about 2 years ago
Extinction Rebellion Norway
Environment

Oil & gas infrastructure in six North Sea countries hit by ‘unprecedented’ blockades

Activists have embarked on a wave of new climate action by setting up blockades to certain fossil fuel infrastructure in six North Sea countries.

about 2 years ago
Illustration; Source: ExxonMobil
Environment

ExxonMobil: Europe needs policy change not deindustrialization to be ‘attractive’ decarbonization playground

The president of ExxonMobil’s European arm is adamant that Europe needs industry to deliver the right set of climate tools and solutions.

about 2 years ago
MethaneSAT Data Rendering; Credit: MethaneSAT
Environment

Brand-new satellite with ‘superpower’ to gauge methane goes live – gallery

A satellite has been launched to glean insight into methane emissions, focusing first on oil and gas operators.

about 2 years ago
BP, Equinor and TotalEnergies pick 9 contractors for UK's 'vital' decarbonization projects
Environment

BP, Equinor and TotalEnergies pick 9 contractors for UK’s two ‘vital’ decarbonization projects

BP, Equinor and TotalEnergies have selected nine contractors for engineering, procurement, and construction contracts, with a combined value of around £4 billion, for two projects being developed in Teesside that are said to be vital for the UK’s decarbonization journey. Net Zero Teesside Power (NZT

about 2 years ago
With 'outstanding' financial results in 2023, Prysmian upgrades its decarbonization strategy
Environment

With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition

Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 mil

about 2 years ago