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Low-Carbon Transition

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Courtesy of Hellenic Cables
Low-Carbon Transition

Hellenic Cables cheers certification of dynamic power cable for offshore wind and oil & gas platform electrification

Hellenic Cables, part of Cenergy Holdings, has tucked a new milestone under its belt with the certification of its dynamic power cable, rated at 66 kV, which is said to be designed for demanding floating offshore wind applications.

about 1 year ago
Flex Constellation LNG carrier; Source: Flex LNG
Low-Carbon Transition

15-year vessel gig lands on Flex LNG’s contract backlog

Bermuda-headquartered Flex LNG has secured a multi-year assignment with an undisclosed company for one of its LNG carriers.

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Low-Carbon Transition

$80 billion ‘powerhouse’ makes its entrance on energy stage with gas, low-carbon tools, and chemicals in mind

ADNOC has unveiled XRG, a low-carbon energy, natural gas, and chemicals investment company with an enterprise value of over $80 billion, which is envisioned to power the world with lower-emission energy to enable a more sustainable energy future.

about 1 year ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Low-Carbon Transition

Italian FSRU goes back to work

OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has brought its floating storage and regasification unit (FSRU) back to its post off the coast of Livorno.

about 1 year ago
Tangguh LNG; Source: BP
Low-Carbon Transition

Saipem picks up $1 billion job on BP’s $7B integrated gas and CCUS project

Saipem has won a new offshore assignment with BP for work on an Asian integrated project’s offshore facilities for natural gas production and transportation alongside carbon capture, utilization, and storage (CCUS).

about 1 year ago
FLNG Nguya; Source: Eni
Low-Carbon Transition

FLNG milestone keeps Eni’s next chapter of African LNG story on track (Gallery)

Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s LNG project off the coast of Congo, Africa.

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

Asian duo to create ‘cutting-edge’ jack-up rigs for India’s offshore arena

Seatrium has joined forces with India’s Cochin Shipyard to bring to life mobile offshore drilling units (MODUs), which will be designed specifically to meet the needs of the Indian offshore oil and gas market.

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

Powering oil & gas production with renewables and low-carbon energy: Electrification brings emission cuts of 80%

While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potential to get rid of over 80% of oil and gas produc

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

Net zero quest: Weaning off oil & gas or undermining the world’s energy security backbone?

After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.

about 1 year ago
A large vessel at sea with two smaller ones next to it
Low-Carbon Transition

Renewed focus on energy security prompts nearly $2 trillion investment in clean energy since 2020, IEA finds

The International Energy Agency (IEA) has published its first report exploring the evolution of the global energy policy landscape over the last 12 months by providing an overview of policies, legislation, spending, and general progress countries and sectors are making on their energy transition jou

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

Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal?

As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pu

15 minutes read
Illustration; Source: Environmental Defense Fund Europe (EDFE)
Low-Carbon Transition

Global efforts to get rid of potent greenhouse gas menace heat up – Giving methane the slip

As waves of climate change woes buffet the world mercilessly, the zest to tackle the greenhouse gas (GHG) emissions challenge is spurring global action, with attempts to combat methane being first on the agenda.

12 minutes read
Leaders at COP29 Azerbaijan; Source: COP29 Azerbaijan
Low-Carbon Transition

COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

16 minutes read
COP29 Azerbaijan; Source: COP29 Presidency
Low-Carbon Transition

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The cal

21 minutes read
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