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Low-Carbon Transition

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Fossil EnergyOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionOutlook & StrategyRegulation & PolicyTransitionMarket OutlooksLiquefied Natural GasRules & RegulationProject & TendersCablingSubseaCarbon Capture Usage & StorageInfrastructureStorageTechnologyVesselsGreen MarineSurveys & InterventionsVision
Illustration; Source: North Sea Transition Authority (NSTA)
Low-Carbon Transition

North Sea oil & gas emissions cut by a third but further efforts required for UK’s net zero goals

As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization

about 1 year ago
Illustration; Source: Conrad Asia Energy
Low-Carbon Transition

Closing fossil fuels chapter to focus on renewables: New timeline for Asian firm’s gas field sale

Coro Duyung, a subsidiary of Southeast Asia’s Coro Energy, has confirmed a change in the end date of its fossil fuels chapter related to the divestment of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to direct its attention to its renewa

about 1 year ago
Illustration; Credit: Morten Berentsen/NOD
Low-Carbon Transition

Stepping up oil & gas game key for Norway to stave off ‘steep’ drop in production

As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the upcoming years.

about 1 year ago
Illustration; Source: Rystad Energy
Low-Carbon Transition

Potential imbalance in oil demand and supply on the cards

With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost,

about 1 year ago
The Switch
Low-Carbon Transition

Four EU countries and Egypt make up top five US LNG importers

Within the global gas story, many chapters are being written, including a U.S. wave of upcoming liquefied natural gas (LNG) developments, where the export boom continues to fuel new projects, as the European regasification build-out continues.

about 1 year ago
Illustration; Source: Australian Energy Producers
Low-Carbon Transition

Australian state’s decade of LNG exports pours $127 billion into economy

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has revealed a $127 billion boost to Queensland’s economy, thanks to the Australian state’s decade of liquefied natural gas (LNG) deliveries.

about 1 year ago
Courtesy of VTTI
Low-Carbon Transition

Netherlands raises its energy security bar with permitting milestone for new LNG terminal

VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new

about 1 year ago
Three players pool resources on Thai carbon capture and storage gig to speed energy transition
Low-Carbon Transition

JGC-Technip Energies consortium in FEED battle for Inpex’s 20 billion LNG project and FPSO

A consortium, consisting of JGC Indonesia, a subsidiary of Japan’s JGC Holdings Corporation, and Indonesian affiliates of Technip Energies, has confirmed its participation in a competitive dual front-end engineering and design (FEED) portion of work and engineering procurement and construction (EPC)

about 1 year ago
JDR cables to electrify Eni’s UK carbon capture and storage project
Low-Carbon Transition

JDR cables to electrify Eni’s UK carbon capture and storage project

UK-based manufacturer of subsea and power cables JDR Cable Systems, part of TFKable Group, is set to supply subsea power cables for a carbon capture and storage (CCS) project offshore the UK being developed by Italian energy major Eni. JDR will deliver around 100 kilometers of 33 kV subsea cables fo

about 1 year ago
Darwin LNG; Source: Santos
Low-Carbon Transition

With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Ho

about 1 year ago
Naming ceremony Karpowership FSRU Karadeniz LNGT Powership Americas; Source: Seatrium
Low-Carbon Transition

Karpowership’s FSRU wraps up its naming ceremony at Seatrium’s yard

Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has held a naming ceremony for a floating storage regasification unit (FSRU).

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Low-Carbon Transition

More time for LNG terminal to kick off exports in Louisiana

Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has been given additional time to start liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from its proposed export project on Louisiana’s Gulf Coast.

about 1 year ago
World-first third party CO2 storage facility begins operating with first injection completed
Low-Carbon Transition

World’s first third-party CO2 storage facility begins operating as first injection takes place

Joint venture partners Equinor, Shell and TotalEnergies have injected and stored the first CO2 volumes at the Northern Lights CO2 project in the Norwegian North Sea, marking the start of operations of what is said to be the world’s first third-party CO2 transport and storage facility. The first CO2

about 1 year ago
Illustration; Source: Australian Energy Producers
Low-Carbon Transition

EnergyQuest’s take on the future of Australia’s LNG and gas energy segments

EnergyQuest, an energy consultancy, has outlined its view of Australia’s gas outlook, shedding more light on what awaits the country in the future.

about 1 year ago
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