Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.
Norwegian cleantech company TECO 2030 has signed a strategic cooperation agreement with Al Misehal Group in the Kingdom of Saudi Arabia (KSA) to form a joint venture aimed at reducing environmental impact in the country and ultimately achieving net-zero by 2060.
Another week has gone by with (green) hydrogen filling our headlines, from new hydrogen carrier projects and hydrogen-powered vessels, to oil giants looking at hydrogen as the next best thing to invest into as they start adding new revenue drivers.
The world is changing fast and the offshore energy industry goes along with it.
Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production.
In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector collaborations established with a single aim to eliminate carbon emissions and reach the net-zero des
Dubai-based port operator DP World has entered into a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to reinforce its commitment to sustainability.
A new report addressing the reduction of emissions from the global maritime sector has verified the benefits of methanol as a marine fuel highlighting it as a key solution for decarbonisation.
Certification company Bureau Veritas has verified greenhouse gas (GHG) emissions calculations made by the shipping, logistics and marine services provider GAC Bunker Fuels.
Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.
A new report for the Getting to Zero Coalition, an initiative for accelerating international shipping decarbonisation, outlining policy measures that could close the competitiveness between fossil fuels and zero-emission alternatives in shipping has been launched.
The International Chamber of Shipping (ICS) and the International Renewable Energy Agency (IRENA) have signed a partnership agreement to support the decarbonisation of the shipping sector and its role in the transition towards a global energy sector based on renewables.
Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.
Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.
