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Transition

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Euronav
Transition

Euronav-Frontline merger could reap multiple benefits of energy transition

Norwegian tanker owner and operator Frontline and its Belgium-based counterpart Euronav have decided to pursue a merger, creating a global leader in the oil tanker industry.

about 4 years ago
Maersk
Transition

Maersk joins initiative to accelerate transition to net zero steel industry

Maersk has decided to join Climate Group SteelZero, a global initiative that aims to accelerate the transition to a net-zero steel industry.

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about 4 years ago
hydrogen
Transition

World’s first hydrogen-powered bulk carrier receives Enova funding

Egil Ulvan Rederi, Felleskjøpet AGRI and HeidelbergCement have received NOK 100 million in support from Enova to build the world’s first zero-emission bulk carrier.

about 4 years ago
oil barrels
Transition

Oil and gas to catapult global energy spending to record highs in 2022, Rystad says

Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.

about 4 years ago
The Mariner A platform - North Sea
Transition

Ithaca Energy gains access to two of the largest undeveloped discoveries in UK North Sea

Ithaca Energy, owned by Israeli Delek, has reached an agreement to acquire Siccar Point Energy, the operator of the Cambo oil project.

about 4 years ago
ferry
Transition

First steel cut for Scandlines’ zero-emission hybrid ferry

The first steel plates for Scandlines’ new zero-emission ferry were cut at the Cemre shipyard in Turkey on 4 April 2022.

about 4 years ago
Illustration; Source: North Sea Transition Authority - UK
Transition

UK plans to ensure energy independence by scaling up renewables while maximising North Sea production

In light of the war in Ukraine and amid rising concerns over energy security, the UK government has moved to strengthen its energy security.

about 4 years ago
SNG
Transition

World’s first use of SNG in commercial shipping cuts GHG emissions

A 1,036 TEU containership has reduced its greenhouse gas (GHG) emissions by 27% by operating on a blend of climate-neutral, synthetic natural gas (SNG) and conventional liquefied natural gas (LNG), compared to LNG alone.

about 4 years ago
DOF Subsea hits 99% repurpose rate on latest decommissioning project
Transition

DOF Subsea hits 99% repurpose rate on latest decommissioning project

DOF Subsea has achieved a 99% rate for the combined recycling and repurposing of recovered materials on its decommissioning project at the Buchan and Hannay fields in the Central North Sea. The offshore works, carried out using Skandi Acergy and Skandi Skansen, included the recovery of 135 concrete

about 4 years ago
EverLoNG
Transition

EverLoNG ship-based carbon capture project wins EU funding

A cross-boundary project involving science and industry experts has landed €3.4 million ($3.7 million) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies.

about 4 years ago
The Bay du Nord FPSO development concept - Equinor - Canada
Transition

Canada caught between a rock and a hard place as decision on giant new oil project draws near

The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.

about 4 years ago
Russia’s war on Ukraine will not thwart or hinder Europe’s energy transition, DNV says
Transition

Russia’s war in Ukraine will not hinder Europe’s energy transition, DNV says

DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.

about 4 years ago
Port of Rotterdam
Transition

Chariot, Port of Rotterdam ink green hydrogen import MOU

Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.

about 4 years ago
Leclanché
Transition

World’s largest hybrid ferry to run on Leclanché battery system

A zero-emission ferry ordered by Danish ferry operator Scandlines will run on a 10 MWh lithium-ion battery energy storage system (BESS) from Swiss energy storage solutions company Leclanché.

about 4 years ago