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Low-Carbon Transition

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Illustration; Source: Rystad Energy
Low-Carbon Transition

Energy outlook: 12 trends set to shape 2026 power spectrum

With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside

about 8 months ago
Offshore Energy Recap 2024
Low-Carbon Transition

Readers’ choice: Offshore Energy’s most-read news in 2025

As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks

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about 9 months ago
Sea1 starts building second of four offshore energy support vessels
Low-Carbon Transition

Sea1 starts building second of four offshore energy support vessels

Norwegian offshore services provider Sea1 Offshore has cut the first steel for the second of four offshore energy support vessels (OESVs) it has on order with a shipyard in China. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the c

about 9 months ago
EU’s first dedicated offshore CO2 carrier now equipped with CO2 storage tanks (Gallery)
Low-Carbon Transition

EU’s first dedicated offshore CO2 carrier now equipped with CO2 storage tanks (Gallery)

The eighth and final CO2 storage tank has been installed on Carbon Destroyer 1, the first dedicated offshore CO2 carrier built in the EU, set to work on the Greensand project in Denmark. Once operational next year, the vessel will be prepared for its carbon capture and storage (CCS) duties, working

about 9 months ago
Thailand’s first CCS project in the works with PTTEP at the helm
Low-Carbon Transition

Technip Energies lands job at Thailand’s first carbon capture and storage project

French-based engineering company Technip Energies has secured a detailed engineering assignment for the first carbon capture and storage (CCS) project in the Gulf of Thailand.

about 9 months ago
A North Sea platform
Low-Carbon Transition

North Sea green shift at play: Dutch gas platform plugs into German offshore wind power

The Netherlands-based exploration and production player ONE-Dyas, together with its partners EBN and Tenaz Energy, has tucked a new decarbonization milestone under its belt by breathing life into the first natural gas production platform in the Dutch and German sectors of the North Sea to run on off

about 9 months ago
UK opens second carbon storage licensing round
Low-Carbon Transition

UK opens second carbon storage licensing round

The North Sea Transition Authority (NSTA) has opened its second carbon storage licensing round, offering 14 locations offshore Scotland and England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity. The round, opened today, December 9, offers

about 9 months ago
Goliat; Source: Var Energi
Low-Carbon Transition

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping

about 9 months ago
EU flags
Low-Carbon Transition

EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure

As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).

about 9 months ago
CO2 Collection Terminal; Source: Höegh Evi
Low-Carbon Transition

Trio pools resources to forge CO2 logistics hub for carbon dioxide transport chain

Three players in the offshore energy and maritime spheres – Höegh Evi, Aker BP, and Ports of Stockholm – have joined forces to bring to life a CO2 logistics hub and enable an efficient and sustainable transport chain for carbon dioxide from industrial emitters in eastern Sweden.

about 9 months ago
Northern Phoenix; Source: K Line
Low-Carbon Transition

Northern Lights’ liquefied CO2 carrier arsenal grows as third vessel joins its fleet

China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), has delivered a new liquefied carbon dioxide (LCO2) carrier to Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies.

about 9 months ago
Courtesy of Porthos
Low-Carbon Transition

Dutch CO2 quintet paving the way for Northwest Europe’s cross-border CCS network

Five Dutch CO2 infrastructure projects, which signed grant agreements under the Connecting Europe Facility (CEF Energy), have set their cap on spotlighting how their collaboration lays the groundwork for a cross-border CO2 transport and storage network, linking emitters in Northwest Europe with perm

about 10 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Low-Carbon Transition

£50 billion going down the drain as UK keeps oil & gas windfall tax in place

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the

about 10 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Low-Carbon Transition

Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission

England-based energy transition-focused player EnergyPathways has handed in an application for an enlarged gas storage license, covering the natural gas and hydrogen storage elements of its flagship project, located off the Cumbria coast in the East Irish Sea.

about 10 months ago