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Low-Carbon Transition

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Fossil EnergyLNGOil & GasAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentExploration & ProductionMarket OutlooksOutlook & StrategyProject & TendersRegulation & PolicyTransitionFPSO & VesselsCollaborationClean FuelLiquefied Natural GasSafetyHydrogenOffshore WindRules & Regulation
Illustration; Source: International Energy Agency (IEA)
Low-Carbon Transition

Coming to grips with a mixed bag of energy transition expectations

As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.

12 minutes read
Gina Krog platform in North Sea; Source: Øyvind Torjusen/Equinor
Low-Carbon Transition

Equinor hands over development plan for multi-million gas tie-back in North Sea

Equinor has submitted a plan for the development and operation (PDO) for a gas discovery in the North Sea.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Low-Carbon Transition

Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’

OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand peaking before 2030 are not supported by “consisten

about 3 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Low-Carbon Transition

On mission to decarbonise FPSO ops, SBM Offshore and MHI offer CO2 capture solution

SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.

about 3 years ago
P-75 operates in the Búzios field, in the pre-salt of the Santos Basin; Source: Petrobras
Low-Carbon Transition

Petrobras sets its cap on pursuing further decarbonisation pieces in energy transition puzzle

Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year.

about 3 years ago
Illustration; Source: Qatargas, now QatarEnergy LNG
Low-Carbon Transition

Qatargas rebrands to spotlight LNG’s ‘critical’ role in energy security and low-carbon transition

Qatargas has changed its name to reflect its future vision and strategy for the country’s liquefied natural gas (LNG) sector.

about 3 years ago
Illustration; Source: APPEA
Low-Carbon Transition

More gas ‘critical’ for Australia’s energy security while CCS fortifies its net-zero role

A new report from the Australian Energy Market Operator (AEMO) puts emphasis on the need for new gas supply as potential blackouts loom on the horizon.

about 3 years ago
Petroleum Safety Authority Norway (PSA)
Low-Carbon Transition

Norwegian regulator rebranding to reflect existing and emerging offshore industries

Norwegian offshore safety regulator, the Petroleum Safety Authority Norway (PSA), is changing its name to the Norwegian Ocean Industry Safety Authority (Noisa).

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Low-Carbon Transition

UK’s oil & gas, offshore wind, CCS, and hydrogen investments to hit whopping £200 billion by 2030

The UK’s total offshore energy investment in oil, gas, renewables and low-carbon energies could reach £200 billion this decade.

about 3 years ago
Illustration; Source: UN
Low-Carbon Transition

‘Demonisation’ of oil & gas seen as misleading: Is CO2 the main culprit responsible for climate change or the sun?

Three new research papers point a potential finger at the changes in solar activity as the primary cause of climate change.

13 minutes read
ADNOC
Low-Carbon Transition

ADNOC powers decarbonisation drive with electrification and CCUS while curbing methane and boosting energy efficiency

ADNOC is rolling up its sleeves to deliver more energy with lower emissions by employing various decarbonisation levers.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Low-Carbon Transition

With UK’s oil & gas industry on decarbonisation quest, more investment needed to tackle challenges ahead

Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.

about 3 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Low-Carbon Transition

With UK’s 2030 CCUS targets being ‘very challenging,’ three measures can save the day

Wood Mackenzie believes the UK will struggle to meet its CCUS targets unless government and private investment come to the aid.

about 3 years ago
Mariner field in the UK North Sea (for illustration); Photo Jamie Baikie and Michal Wachucik/Equinor
Low-Carbon Transition

‘Bold measures’ still needed for 2030 target but UK North Sea oil & gas emissions down for third consecutive year

The NSTA has outlined in its new report that the oil and gas industry is making progress on curbing emissions.

about 3 years ago
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