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Low-Carbon Transition

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Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy

Low-Carbon Transition

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago

Illustration; Source: Energy Maritime Associates (EMA)

Low-Carbon Transition

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago

Low-Carbon Transition

ABL company to evaluate Norwegian CO2 storage license

AGR, part of energy and marine consultancy group ABL Group, has been appointed to perform an independent third-party storage evaluation of Wintershall Dea and Altera Infrastructure’s CO2 storage license offshore Norway. The two companies were awarded the carbon capture and storage (CCS) license to d

about 2 years ago

Illustration; Source: The North Sea Transition Authority (NSTA)

Low-Carbon Transition

North Sea oil & gas operators raise the decarbonization bar with potential investments of nearly $3.8 billion

North Sea Transition Authority has spotlighted up to £3 billion ($3.76 bln) of emissions reduction schemes proposed by North Sea companies.

about 2 years ago

Sleipner field in the North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor

Low-Carbon Transition

Electrification of North Sea field lends a helping hand to Poland’s energy giant in slashing emissions

Poland’s Orlen has welcomed the recent partial electrification of an Equinor-operated gas field in the Norwegian sector of the North Sea.

about 2 years ago

Low-Carbon Transition

Island Offshore orders hybrid ocean energy construction vessel at VARD with option for two more

Norwegian shipping group Island Offshore has awarded compatriot shipbuilder VARD with a contract to design and construct one hybrid power ocean energy construction vessel (OECV) and has also agreed on an option for two more vessels. In 2020-2021, Island Offshore, whose 19-vessel fleet operates in th

about 2 years ago

Low-Carbon Transition

Shell gets Dutch partner at one of UK’s three LNG terminals

VTTI has put the wheels into motion to join Shell in Dragon LNG, the owner of a major onshore import terminal for the supply of LNG to the UK market.

about 2 years ago

Unity platform (for illustration purposes); Source: INEOS

Low-Carbon Transition

INEOS makes headway on its 2030 decarbonization targets with 22% GHG emission cuts

London-based INEOS has published its 2023 global sustainability report which highlights a 22% reduction in GHG emissions compared to 2019.

about 2 years ago

Low-Carbon Transition

Germany and UAE bolster natural gas ties as ADNOC strikes third 15-year deal for giant LNG project

Germany’s EnBW has sealed its first liquefied natural gas (LNG) deal in the Middle East by inking a long-term contract with the UAE’s ADNOC.

about 2 years ago

Low-Carbon Transition

PosHYdon green hydrogen pilot initiates onshore testing

The PosHYdon offshore green hydrogen project is progressing as planned with the commencement of the onshore test at InVesta in Alkmaar.

about 2 years ago

Low-Carbon Transition

Baker Hughes and CGG in alliance for carbon capture and storage

France-based geoscience technology services company CGG and U.S. energy technology company Baker Hughes have signed a memorandum of understanding (MoU) to jointly explore carbon capture and storage (CCS) solutions. CGG said that the collaboration and proposed commercial alliance intends to support t

about 2 years ago

Atlantis platform in the Gulf of Mexico; Source: BP

Low-Carbon Transition

BP’s profit plunges to $2.7 billion amid oil & gas price headwinds

BP has recorded a fall in profit on a quarterly and year-over-year (y-o-y) basis driven by the downturn in energy prices.

about 2 years ago

ClientEarth lawyers, Sam Hunter Jones and Sophie Marjanac, outside the High Court on the first day of the hearing; Source: ClientEarth

Low-Carbon Transition

New legal challenge yields same result: UK going back to the drawing board with net zero plan deemed ‘unlawful’

Another court battle over the UK government’s climate plans has crossed the finish line, with the court ruling against Britain’s net zero plan.

about 2 years ago

Low-Carbon Transition

TotalEnergies hands out work to Wood in North Sea

Wood has won a new decarbonization contract with TotalEnergies E&P UK for a flare gas recovery project in the UK sector of the North Sea.

about 2 years ago