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Low-Carbon Transition

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Fossil EnergyFPSO & VesselsOil & GasBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentExploration & ProductionInnovationTransitionSubseaVessels & VehiclesAuthorities & GovernmentCollaborationRegulation & PolicyVesselsEnergy TransitionGreen MarineSurveys & InterventionsInfrastructureOutlook & StrategyProject & TendersStorageVisionLiquefied Natural GasOffshore WindWind FarmsAlternative FuelsClean FuelLNGOther FuelsOperations & MaintenanceCablingInterconnectorsResearch & DevelopmentRules & RegulationMarket Outlooks
Jun Zhu, Senior Concept Designer at Altera Infrastructure, presents next-generation FPSO; Credit: Nadja Skopljak/Offshore Energy
Low-Carbon Transition

MODEC and Altera: Marrying FPSO tech with renewable and low-carbon plays to shape energy transformation beyond oil & gas

Japan’s MODEC and the UK-based Altera Infrastructure have set their caps on addressing the pressing challenges of the energy transition era by accelerating the shift toward a more sustainable future while supporting the security of power supply.

about 2 years ago
FPSO Johan Castberg en route to the Barents Sea passing by the Langenuen strait South of Bergen, Norway; Credit: Øyvind Gravås & Eirin Lillebø/Equinor
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Low-Carbon Transition

As oil & gas still runs Norway’s energy show, Equinor unveils up to $66 billion boost for hydrocarbons by 2035 alongside Barents Sea’s new area-wide emergency preparedness plan

Equinor has set its cap on bolstering its hydrocarbon arsenal by injecting tens of billions of dollars over the next decade into the oil and gas developments on the Norwegian Continental Shelf (NCS).

about 2 years ago
Ocean Energy Support Vessel (OESV) design; Credit: Salt Ship Design
Low-Carbon Transition

Spanish shipyard tasked with bringing ocean energy support vessel to life

Norway’s Østensjø Rederi has entrusted the construction of its new ocean energy support vessel (OESV) to Astilleros Gondon, a Spanish shipyard.

about 2 years ago
ADNOC, Petronas and Storegga team up on carbon capture and storage off Malaysia
Low-Carbon Transition

ADNOC, Petronas and Storegga team up for carbon capture and storage off Malaysia

Malaysian state-owned energy giant Petronas, Abu Dhabi National Oil Company (ADNOC), and UK’s carbon capture and storage (CCS) company Storegga have signed a joint study and development agreement (JSDA) to evaluate the CO2 emissions storage capabilities of saline aquifers and the construction of CCS

about 2 years ago
Gas from Argo Cassiopea field is transported to Gela processing plant; Source: Eni
Low-Carbon Transition

Italy’s ‘most important’ gas project goes live leaving near-zero emissions in its wake

Eni has hit a new milestone with the start-up of a gas project at an offshore field in the Strait of Sicily, describing the field as the most important gas development project in Italy.

about 2 years ago
DNV's Veracity
Low-Carbon Transition

INTERTANKO partners with DNV Veracity to streamline emissions data sharing

On August 19, 2024, trade association INTERTANKO revealed a partnership with DNV’s industry cloud platform Veracity, supporting the tanker industry in its decarbonization efforts. As reported, the partnership could make it ‘easier’ for tanker operators to share their emissions data with DNV Veracity

about 2 years ago
N05-A platform in the North Sea; Source: One-Dyas
Low-Carbon Transition

North Sea platform designed to run on offshore wind gearing up for first gas by year-end (Video)

ONE-Dyas is setting the stage for the final leg of its journey toward the first natural gas production at its recently installed platform in the North Sea.

about 2 years ago
Shell's Gulf of Mexico platform; Source: Shell
Low-Carbon Transition

Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

22 minutes read
Dragon LNG
Low-Carbon Transition

LNG-breathing Dragon flaps its wings in welcome as Shell’s new Dutch partner comes aboard UK gas project

VTTI has joined Shell in Dragon LNG, a major import terminal for the supply of liquefied natural gas (LNG) to the United Kingdom market.

about 2 years ago
Giant Heerema vessel installs offshore wind-powered gas platform in North Sea
Low-Carbon Transition

Giant Heerema vessel installs offshore wind-powered gas platform in North Sea

Heerema Marine Contractors has completed the installation of a gas platform in the North Sea that is set to be powered by offshore wind as part of a project operated by Dutch exploration and production player ONE-Dyas. Following the discovery of the N05-A field in August 2017, ONE-Dyas secured the f

about 2 years ago
Gasum delivers bio-LNG to Equinor’s platform supply vessel
Low-Carbon Transition

Gasum delivers bio-LNG to Equinor’s platform supply vessel

Gasum has joined forces with Equinor on a series of liquefied biomethane (bio-LNG) bunkering operations in the Port of Dusavik, Stavanger.

about 2 years ago
Illustration; Source: Bureau Veritas
Low-Carbon Transition

UK’s oil & gas windfall tax hike – Coup de grace or boon for North Sea jobs and upstream investment?

How can the UK put all the puzzle pieces together to cultivate a sweet spot in an uncertainty-ridden backdrop of energy investment in the North Sea?

14 minutes read
Load out and sail away of the N05-A topside and jacket; Source: HSM Offshore
Low-Carbon Transition

Heerema’s barge hauls topside and jacket from Dutch yard for installation at North Sea gas field (Video)

Heerema Marine Contractors (HMC) is in the process of transporting the topside and jacket to their designated site in the North Sea, where the installation activities will take place at a gas field, operated by One-Dyas.

about 2 years ago
CPLP cleared to shift focus to LNG carriers and energy transition business
Low-Carbon Transition

CPLP cleared to shift focus to LNG carriers and energy transition business

CPLP has secured approval of corporate conversion and name change as it plans strategic pivot to the LNG and energy transition business.

about 2 years ago