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Low-Carbon Transition

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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
Illustration; Source: McDermott
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Low-Carbon Transition

McDermott calling the shots at Shell’s mega gas project offshore Trinidad and Tobago

McDermott is in charge of work at Shell’s undeveloped natural gas project off the coast of Trinidad and Tobago.

about 2 years ago
Australian player looking to launch fully operational CCS project by early 2030s
Low-Carbon Transition

Australian player looking to launch fully operational CCS project by early 2030s

Perth-headquartered InCapture has secured a permit for a carbon capture and storage (CCS) assessment project on the North West Shelf in Australia, aiming to launch a fully operational CCS project by the early 2030s. The greenhouse gas assessment (GHG) permit G-15-AP spans an area of over 6,500 km2 a

about 2 years ago
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
Golden Pass LNG
Low-Carbon Transition

No Golden Pass for $10 billion US LNG project: Start-up bumped to late 2025 as long-term construction plan talks go on

Discussions are underway for a long-term construction completion plan to ensure all activities will resume at full scale to bring the Golden Pass LNG project to life without further hiccups.

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
SARB field; Courtesy of ADNOC
Low-Carbon Transition

AI-enabled digital ops step up offshore field’s oil production game by one-fourth of its previous level

ADNOC has harnessed the power of advanced digital solutions to raise the production bar at one of its oil fields off the coast of Abu Dhabi, UEA.

about 2 years ago
Rendering of Texas LNG project; Source: Texas LNG, a subsidiary of Glenfarne Energy Transition
Low-Carbon Transition

Battle to (un)leash US gas prompts legal storm: Two major American LNG projects hit a snag as court scraps permits

An ongoing fight to pull the plug on two liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas seems to have yielded a partial win for climate activists, as a U.S. court has axed the previous authorizations and passed the baton back to the Federal Energy Regulatory Commission

11 minutes read
ECA LNG Phase 1; Source: Sempra
Low-Carbon Transition

Sempra hits 85% construction mark at natural gas liquefaction project in Mexico drawing closer to first LNG

Sempra Infrastructure has made inroads in the construction of an LNG project located north of Ensenada in Baja California, Mexico.

about 2 years ago
Japanese government-owned firm joins in on two CO2 acreages off Australia
Low-Carbon Transition

Japanese government-owned firm joins in on two CO2 acreages off Australia

Australian specialist carbon capture and storage (CCS) developers deepC Store and Azuli (Australia), a wholly-owned subsidiary of UK’s Azuli International, have secured two greenhouse gas assessment (GHG) acreages in the Bonaparte and Browse Basins off Australia. The partners also entered into a joi

about 2 years ago
Rendering of Rio Grande LNG; Source: NextDecade
Low-Carbon Transition

$4.3 billion job lures Bechtel to Lone Star State for more work at mega US LNG project

NextDecade has sealed a multimillion-dollar deal with Bechtel for Train 4 and related infrastructure at an LNG export project in Texas.

about 2 years ago
Greater Tortue Ahmeyim (GTA) offshore Mauritania and Senegal; Source: Kosmos Energy
Low-Carbon Transition

BP and Bermuda-based firm set FLNG payment dispute to rights

Golar LNG has made arrangements with BP to put into effect a commercial reset for an FLNG deployed at a gas project off the coasts of Mauritania and Senegal.

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Low-Carbon Transition

Once first LNG cargo is loaded, FLNG set to go offline for maintenance works

New Fortress Energy is putting the wheels in motion to hit a new milestone at its FLNG unit off the coast of Altamira, Mexico, with the delivery of the first LNG cargo.

about 2 years ago