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Low-Carbon Transition

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Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license
Low-Carbon Transition

Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license

Horisont Energi and PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, have signed a sales and purchase agreement (SPA) under which PUN acquires a 50% participating interest in the only CO2 exploration license in the Barents Sea and is willing to take over the operator role. Under the SPA, P

about 2 years ago
António Guterres, UN Secretary-General; Credit: UNFCCC/Kiara Worth
Low-Carbon Transition
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COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

12 minutes read
Northern Lights CCS project grabs a slice of EU's Connecting Europe Facility funding
Low-Carbon Transition

Northern Lights CCS project grabs a slice of EU funding

The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure projects are getting a part of the EU funds. EU Member States have end

about 2 years ago
Stena DrillMAX drillship; Source: Stena Drilling
Low-Carbon Transition

Stena rig becomes first drillship to don DNV’s notation for emission reduction

Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.

about 2 years ago
Dr. Sultan Ahmed Al-Jaber, UAE Minister of Industry, CEO of ADNOC, and COP28 President; Source: COP28
Low-Carbon Transition

COP28: Reconciling great expectations with reality in a highly polarized world

A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.

13 minutes read
Illustration; Source: TotalEnergies
Low-Carbon Transition

TotalEnergies, Petrobras, SOCAR, and Sonangol join forces to curb methane footprint

TotalEnergies has inked cooperation agreements with three oil and gas companies to carry out methane detection and measurement campaigns.

about 2 years ago
DNV names head of CCUS
Low-Carbon Transition

DNV names head of CCUS unit

DNV has appointed the head of its Carbon Capture, Utilization, and Storage (CCUS) unit as a response to the technology’s growth. DNV announced on December 6 the appointment of Jamie Burrows as head of its Energy Systems business area’s CCUS unit – a move that underscores DNV’s commitment to CCUS as

about 2 years ago
Northern Lights carbon storage and transport project in Norway; Source: Northern Lights JV
Low-Carbon Transition

As Northern Lights examines its value chain’s CO2 footprint, Ørsted starts construction of carbon capture facilities

A study has been conducted to assess the estimated carbon footprint of the Northern Lights project’s CO2 transport and storage value chain.

about 2 years ago
KCI the engineers
Low-Carbon Transition

Dutch firm wins platform modification work for large-scale CCS project

KCI the engineers (KCI) has been picked for the engineering of the modification of the TAQA-owned offshore platform, which will be used for the injection of CO2, as part of the first large-scale Dutch carbon capture and storage (CCS) project.

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Low-Carbon Transition

Shell gets rubber stamp to deploy Odfjell Drilling-managed rig for ops in North Sea

Shell has received the green light to use an Odfjell Drilling-managed rig for plugging and abandonment activities in the North Sea.

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Low-Carbon Transition

COP28 brings ‘historic’ action as 50 oil & gas players pen decarbonization charter

A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Low-Carbon Transition

Dive into: Multi-million and billion-dollar deals, interconnectors, innovations, acquisitions, and vessel jobs

The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.

about 2 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Low-Carbon Transition

UK sees North Sea as ‘vital cog’ in its decarbonization and net zero journey

The UK’s regulator North Sea Transition Authority (NSTA) has highlighted the key role the North Sea basin has in helping the country to reach its net zero goals.

about 2 years ago
Transocean Norge; Source: Transocean
Low-Carbon Transition

Transocean rig becomes first semi-sub to sport DNV’s notation for GHG abatement

Transocean has tucked under milestone under its belt, thanks to one of its semi-submersible rigs being awarded DNV’s Abate (Power+) notation.

about 2 years ago