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Oil & gas players looking into electrification of West of Shetland assets with onshore and offshore wind

Environment

Wind power in the running for electrification of West of Shetland oil & gas assets

BP, Equinor and Ithaca Energy have inked a deal to explore electrification options for their West of Shetland portfolio of oil and gas assets.

about 3 years ago

Environment

SBTi plots course for shipping industry to meet science-based net-zero goals

Science Based Targets initiative (SBTi) has launched the world’s first framework for shipping industry companies to set near- and long-term science-based targets.

about 3 years ago

Environment

DNV: With mid-century targets out of range, UK requires ‘clear roadmap’ to reach net-zero

DNV: As the UK is not on track to meet its mid-century targets, “a clear roadmap” needs to be set up to achieve net-zero by 2050.

about 3 years ago

Environment

LH2 Europe CEO: Hydrogen bankability and financeability major challenges

“It is quite clear that liquid hydrogen is the cheapest option. It is much cheaper than ammonia when you look at the whole cycle of putting the hydrogen into the ammonia and taking the hydrogen out. If you can have liquid hydrogen which is stored without loss or very low loss, then liquid hydrogen i

about 3 years ago

Environment

Lift-off: Watch as Airseas kite system takes to the air during sea trials

France-based wind propulsion developer Airseas has revealed the first pictures and video footage of its automated kite system Seawing in flight during ongoing transatlantic sea trials. The material is being revealed following the completion of the crucial initial stages of the trials, which are taki

about 3 years ago

Wheels in motion to tie-back field carrying name of god from Norse mythology to Norwegian Sea FPSO

Environment

Field bearing name of god from Norse mythology to be tied back to existing FPSO

Equinor has submitted a plan for the development and operation (PDO) of a Norwegian Sea field to Norway’s Ministry of Petroleum and Energy.

about 3 years ago

Environment

IMO welcomes new consultative partner to support shipping decarbonization

Environmental Defense Fund (EDF) was granted consultative status by the International Maritime Organization (IMO) to support the shipping industry and countries to move in the right direction on climate.

about 3 years ago

Environment

Will the UK’s huge new oil & gas project overcome the hurdles in its path?

Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

about 3 years ago

BP’s three incoming hydrocarbon projects to watch in 2023

Environment

BP’s giant incoming hydrocarbon projects to watch in 2023

While tackling the energy trilemma, BP has been working on multiple projects and three of these are on track to start up next year.

about 3 years ago

Repurposed North Sea rig closes its door to go back to its decommissioning cycle

Environment

Repurposed North Sea rig closes its doors to go back to its decommissioning cycle

SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.

about 3 years ago

Environment

Frontline: 65pct of our fleet will be scrubber fitted

Norwegian tanker shipping heavyweight Frontline is poised to have exhaust gas cleaning systems installed on over half of its fleet of over 70 ships. The company’s owned fleet included 37 scrubber-fitted vessels at the end of the third quarter of 2022, including 15 VLCCs, 19 Suezmax tankers and three

about 3 years ago

Environment

Tentative deal on including shipping’s GHG emissions in EU ETS covers methane and N20

A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS). The tentative deal was struck on Tuesday evening, and it leads to several milestones such as the inclusion of methan

about 3 years ago

Environment

£20 bln decom spend in the offing for UK’s oil & gas wells over next decade

Offshore Energies UK has predicted that about £20 bln will be spent on decommissioning North Sea oil & gas installations in the next decade.

about 3 years ago

Environment

Watch: The world’s largest ship equipped with a wind deflector turns heads as it tours European ports

ONE Trust, a 20,170 TEU containership owned by Japanese shipowner Ocean Network Express (ONE), is showcasing an innovative device installed on its bow, a wind deflector. The device has been installed at Qingdao Beihai shipyard in China during the vessel’s recent drydock. ONE Trust was built in 2017

about 3 years ago