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Low-Carbon Transition

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Fossil EnergySubseaSurveys & InterventionsAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentOutlook & StrategyProject & TendersRegulation & PolicyStorageTransitionVisionFPSO & VesselsLiquefied Natural GasOil & GasExploration & ProductionAlternative FuelsClean FuelEnergy TransitionGreen MarineHydrogenOther FuelsShipbuildingCollaborationVesselsMarket OutlooksInfrastructureRigsRules & Regulation
Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund
Low-Carbon Transition

Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund

The Danish Energy Agency has received two final bids for the DKK 28.7 billion (around €3.84 billion) fund for carbon capture and storage (CCS) aimed at helping the country reach its climate goals. Sixteen projects applied to be prequalified for this third CCS pool, of which ten were prequalified in

about 7 months ago
FLNG Nguya; Source: Eni
Low-Carbon Transition

Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

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With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-

about 7 months ago
From left: Hans Fredrik Lindøen-Kjellnes, CEO Eld Energy, Koichi Matsumiya, CTO of MODEC, and Charles Tsai, General Manager of Delta’s Hydrogen; Source: Delta
Low-Carbon Transition

Trio paving the way for hydrogen adoption in FPSO and maritime power sphere

Three players, Japan’s MODEC, Norway’s Eld Energy, and Delta Electronics, have joined forces to expand hydrogen use in the maritime sector, driving energy transition by deploying solid oxide fuel cell (SOFC) technology for the first time on a floating production, storage and offloading (FPSO) vessel

about 8 months ago
CO2 carrier; Source: Northern Lights
Low-Carbon Transition

Northern Lights’ fleet expansion quest bringing to life four new CO2 vessels

Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has taken steps to enrich its fleet with four more carbon dioxide (CO2) vessels through charter deals with Mitsui O.S.K. Lines (MOL) and a consortium between Kawasaki Kisen Kaisha (K Line

about 8 months ago
FPSO Fast4Ward design; Source: SBM Offshore
Low-Carbon Transition

Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon

SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa.

about 8 months ago
Deal signed to progress cross-border Baltic Sea CCUS initiative
Low-Carbon Transition

Deal signed to progress cross-border Baltic Sea CCUS initiative

A UK-Swedish partnership has been established to advance a cross-border carbon capture, utilization and storage (CCUS) initiative designed to accelerate industrial decarbonization across the Baltic Sea region. Under a memorandum of understanding (MoU), the UK’s Progressive Energy and Swedish Pipe58

about 8 months ago
Illustration of FPSO with full scale (100 MW) SOFC installation with integrated carbon capture; Source: MODEC
Low-Carbon Transition

MODEC lays the groundwork for zero carbon FPSOs with partnership set on low-carbon offshore power solution

Japan’s MODEC has joined forces with Eld Energy, a Norwegian fuel cell system company, to pursue a scalable multi-MW power system for floating production, storage, and offloading (FPSO) units to enable them to fully run on zero-carbon power.

about 8 months ago
NAGA 4 jack-up rig; Source: Velesto
Low-Carbon Transition

Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year

about 8 months ago
Danish Energy Agency - North Sea
Low-Carbon Transition

TotalEnergies, Mitsui, and Nordsøfonden pick up CO2 storage exploration permit in North Sea

The Danish Energy Agency has handed out its eighth permit for exploration and possible storage of CO2 in Denmark to a consortium consisting of TotalEnergies, Mitsui, and Nordsøfonden.

about 8 months ago
FPSO Agogo; Source: Yinson Production
Low-Carbon Transition

Exclusive interview with Yinson Production: Deepwater plays setting the stage for ‘robust’ FPSO and FSO market dynamics

With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap

about 8 months ago
Northern Lights
Low-Carbon Transition

Northern Lights gig lands on ABL’s plate

Oslo-listed global consultancy ABL Group has been hired for work on the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project in Norway.

about 8 months ago
DHT Antelope
Low-Carbon Transition

DHT Holdings takes delivery of first of four South Korea-made VLCCs

Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the first of four very large crude carriers (VLCCs) being constructed in South Korea. The VLCC DHT Antelope was delivered on January 2 from Hanwha Ocean and is set to enter the spot market. Another vessel is scheduled

about 8 months ago
FPSO P-78; Source: Seatrium
Low-Carbon Transition

First oil flows from Petrobras’ new FPSO at one of world’s largest deepwater fields

Brazilian state-owned oil and gas giant Petrobras has brought online the seventh segment of its giant oil field project off the coast of Brazil, with the start-up of another floating production, storage, and offloading (FPSO) vessel.

about 8 months ago
Port
Low-Carbon Transition

Global energy transition drags its feet as oil & gas reign over energy mix

Against the backdrop of rising greenhouse gas (GHG) emissions, energy security and financial prudence are running the investment policy show, putting the transition to low-carbon and green sources of supply on the back burner, as fossil fuels dominate the energy mix, according to GlobalData, an inte

about 8 months ago