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Transition

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UAE player wins gig with Yinson to work on Brazil-bound FPSO

Transition

Yinson taps UAE player for FPSO upgrade work

Drydocks World Dubai has inked a deal with Yinson to upgrade an FPSO vessel, which will operate for Enauta offshore Brazil, upon completion.

about 4 years ago

Transition

In focus: Activists take the front line against fossil fuels, as maritime industry steps up clean fuels game

‘Actions, not words’ perfectly summarizes the general feeling of environmental activists who took the front line in fight against fossil fuels industry and its supporters. Living up to their creed, however, is the maritime sector which has also stepped up efforts on a global level to adopt more envi

about 4 years ago

Transition

Masdar eyes green hydrogen production in Suez Canal

Abu Dhabi’s renewable energy company Masdar and investment platform Hassan Allam Utilities have signed two memorandums of understanding (MoUs) to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone (SCZone) and on the Mediterranean coast.

about 4 years ago

Transition

Global gas demand to go down in 2022 as Russia’s war in Ukraine disrupts markets

The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the IEA’s forecast for gas demand this year.

about 4 years ago

Canadian player wins gig on ADNOC’s offshore ops decarbonisation project

Transition

Canadian player to work on ADNOC’s power project for offshore operations

ADNOC has awarded a deal to SNC-Lavalin for its offshore ops power project, which is expected to spearhead its decarbonisation efforts.

about 4 years ago

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

Transition

World Bank: How can carbon revenues support the green transition of shipping?

The money raised through carbon pricing could be allocated towards many purposes. The decarbonization of the shipping industry itself is priority number one, according to a new report released by the World Bank.

about 4 years ago

Transition

Maersk inks new deals in Egypt to speed up green fuel production

Danish shipping giant Maersk and Egyptian authorities have signed a partnership agreement to jointly explore the establishment of large-scale green fuel production in the country in the pursuit of net-zero shipping.

about 4 years ago

Transition

Answers to energy security and climate change concerns lie in energy transition, IRENA says

The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.

about 4 years ago

Transition

Saudi ports: New Smart Ports initiative will contribute to clean energy adoption

On 20 March 2022, the Saudi Ports Authority (Mawani) launched a new initiative that aims to automate operations in Saudi ports.

about 4 years ago

Transition

In focus: Accelerating the energy transition

The global energy transition continues to be a strategic priority for many players, including those involved in the maritime and offshore energy sectors.

about 4 years ago

Transition

IEC updates terminology to reflect marine energy sector’s ‘coming of age’

Technical Committee 114, in charge of developing international standards for marine energy at the International Electrotechnical Commission (IEC), has modified and updated its strategy for the marine energy sector to better reflect its maturity level.

about 4 years ago

Transition

Shipping industry: Planned $5B R&D fund could support developing countries’ decarbonization

Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.

about 4 years ago

Neptune going beyond net-zero in bid to store more CO2 than it emits by 2030

Transition

In focus: To net-zero and beyond

In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp

about 4 years ago