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Low-Carbon Transition

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Fossil EnergyLiquefied Natural GasOil & GasBusiness & FinanceBusiness Developments & ProjectsCollaborationProject & TendersVesselsFPSO & VesselsExploration & ProductionAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationTransition
Scarborough floating production unit (FPU) currently under construction; Courtesy of McDermott
Low-Carbon Transition

Japanese firm doles out $1.4 billion to come aboard Woodside’s mega gas project

As the sale of a partial interest in the Scarborough joint venture (JV) has been wrapped up, Australia’s energy giant Woodside has bid welcome to its new partner, JERA.

about 1 year ago
BW Helios LNG carrier; Source: BW LNG
Low-Carbon Transition

BW LNG ups digitalization ante by boosting 34-vessel fleet’s procurement capabilities

BW Group’s BW LNG has signed up for Procureship’s digital e-procurement platform, which is anticipated to optimize procurement capabilities for its fleet of liquefied natural gas (LNG) carriers.

about 1 year ago
1.2 mtpa FLNG; Source: Wison New Energies
Low-Carbon Transition

FLNG construction in progress as Asian player’s project marks ‘critical milestone’ with procurement award

Genting has taken further steps to bring to life its floating liquefied natural gas (FLNG) project, which is said to be the first one in Indonesia.

about 1 year ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Low-Carbon Transition

Oil & gas production grinds to a halt as North Sea FPSO goes offline

Serica Energy has confirmed the interruption of production at its assets in the North Sea, which are tied back to an existing floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS).

about 1 year ago
Terry Allan, CEO at nexos; Source: nexos
Low-Carbon Transition

Op-ed: Different rules, same game – Thinking differently about UK’s energy future

Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).

about 1 year ago
Peru LNG terminal; Source: PLNG
Low-Carbon Transition

EIG-managed LNG player ups its stake in South America’s first LNG export terminal

EIG’s MidOcean Energy has boosted its interest in an LNG export plant, which is described as the inaugural facility of this type in South America, located in Pampa Melchorita, 170 kilometers south of Lima, Peru.

about 1 year ago
Aerial image of LNG project in Puerto Rico; Source: FERC
Low-Carbon Transition

Mexican LNG cargo on the way to Puerto Rico as US player seeks to keep its import and regasification terminal open for business

New Fortress Energy (NFE) has wrapped up another liquefied natural gas (LNG) cargo loading at its floating LNG (FLNG) unit off the coast of Altamira, Mexico. This cargo is destined for the firm’s LNG import and regasification facility in Puerto Rico, which the U.S. firm is interested in continuing t

about 1 year ago
FSRU Independence; Source: Höegh Evi, former Höegh LNG
Low-Carbon Transition

EU backs electrification of LNG terminal with €6 million

Lithuanian liquefied natural gas (LNG) terminal operator KN Energies (KN), former Klaipedos Nafta, has confirmed the decision made by the European Union (EU) to earmark funds for the electrification of its LNG terminal on Lithuania’s Kiaulės Nugara Island.

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

Petronas’ quest to fortify Malaysia’s oil & gas pinpoints 34 contractors for well engineering activities

Petronas has launched two initiatives through Malaysia Petroleum Management (MPM) to strengthen the country’s oil and gas sector and ensure an optimal and sustainable supply of oil and gas to boost energy security.

about 1 year ago
LNG carrier Marvel Swallow; Source: MOL
Low-Carbon Transition

New LNG vessel gets christened at Hanwha Ocean’s yard

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for a newbuild liquefied natural gas (LNG) carrier at the Geoje Shipyard of South Korea’s shipbuilder Hanwha Ocean. With the naming ceremony out of the way, the next item on the agenda for MOL’s Marvel Swallow LNG carrier, s

about 1 year ago
Transocean Barents rig (for illustration purposes); Source: Equinor
Low-Carbon Transition

UK likely to unlock £10 billion worth of North Sea oil & gas with encouraging fiscal regime, WoodMac finds

Considering the rising focus on energy security, Wood Mackenzie has pointed out that Britain could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.

about 1 year ago
FPSO Almirante Tamandaré; Source: SBM Offshore
Low-Carbon Transition

SBM Offshore’s behemoth FPSO steps into Brazil to work at Petrobras’ mega deepwater field

SBM Offshore is closing in on the first oil milestone from its new FPSO unit as the vessel has reached Brazilian waters and will be deployed at a huge field in the pre-salt Santos Basin off the coast of Brazil, where it will work for Petrobras.

about 1 year ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Low-Carbon Transition

TotalEnergies, Equinor among players pursuing decarbonization project for floating and fixed offshore installations

Techouse is pooling resources with multiple energy companies, including TotalEnergies and Equinor, alongside SINTEF Energy Research, to develop and test a joint industry project (JIP), which aims to change the oil and gas industry’s mind about retrofitting offshore power generation with combined cyc

about 1 year ago
Jackdaw platform; Source: Aker Solutions
Low-Carbon Transition

Shell and Equinor weeks away from court fight over two mega oil & gas projects in UK waters

The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.

about 1 year ago
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