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Transition

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Transition

Nakilat developing decarbonisation strategy with ABS

Nakilat, a Qatari LNG shipping operator, has formed a partnership with the classification society American Bureau of Shipping (ABS) with the aim of developing a decarbonisation strategy.

about 4 years ago

Hywind Tampen, a floating wind power project intended to provide electricity for the Snorre and Gullfaks offshore field operations in the North Sea - energy transition

Transition

Top energy transition trends to watch in 2022, as seen by Westwood

Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.

about 4 years ago

Transition

McDermott says Qatar award is one of the largest single contracts in company history

McDermott has confirmed a recent contract award with QatarEnergy, saying it is one of the largest single contracts McDermott has been awarded in its company history. The structures will be fabricated in a facility with low-carbon or renewable power as part of McDermott’s sustainability commitments.

about 4 years ago

Transition

Middle East facing uphill battle to meet net-zero, S&P Global Platts says

S&P Global Platts Analytics expects the Middle East to struggle to reach net-zero targets as emissions from oil & gas are expected to rise.

about 4 years ago

Transition

Jan De Nul lands its biggest cable deal for $3.6bln Middle Eastern project

Jan De Nul and Samsung C&T consortium has secured a contract, regarded as the biggest cable installation contract in Jan De Nul’s history, to deliver an HVDC cable and convertors package for the $3.6 billion ADNOC-TAQA Lightning Project.

about 4 years ago

Carbon capture & sequestration market to reach $7 billion by 2028 bolstered by increased investments in carbon removal, Fortune Business Insight says

Transition

CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says

Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.

about 4 years ago

Transition

In focus: Global innovations and collaborations take the wheel of energy transition

The direction of the global transition to clean energy is getting more refined each week, as more of the world’s energy majors start investing in innovation and collaboration to shift energy production away from GHG-heavy sources.

about 4 years ago

Transition

Two UAE giants launch ‘first-of-its-kind’ project worth $3.6 bln to decarbonise offshore ops

Two United Arab Emirates-controlled oil and gas giants have revealed a $3.6 billion project to decarbonise offshore operations.

about 4 years ago

Transition

DNV expects oil & gas capex to shrink and offshore wind growth to trigger race for ocean space

An unprecedented race for ocean space is on the horizon driven by the exponential growth of offshore wind power. It is expected that by 2050 offshore wind will overtake the oil and gas sector and receive the largest investments in the Blue Economy while the oil and gas industry will shrink to only 2

about 4 years ago

Transition

Technip Energies to update FEED on mega gas project in UAE with CO2 capture included

Technip Energies has been awarded a contract by ADNOC to update the FEED for the Ghasha project including the integration of carbon capture.

about 4 years ago

Transition

New CEO to head Lamprell and Injazat digital joint venture

Injazat and Lamprell have appointed a CEO of their JV to progress their digital strategy, while also generating new revenue streams.

about 4 years ago

Transition

ICS urges WTO to prioritise maritime transport in multilateral trade talks

Ahead of the upcoming World Trade Organisation (WTO) meetings, the International Chamber of Shipping (ICS) has called for maritime transport to be prioritised in multilateral trade negotiations.

about 4 years ago

Transition

Shipping’s decarbonization – Words without actions in COP26 aftermath

Despite encouraging steps taken to decarbonize the international shipping sector at COP26 Climate Summit in Glasgow, governments failed to translate words into actions during climate talks at the International Maritime Organization (IMO) last week.

about 4 years ago

Transition

IMO MEPC77 fails to revise current GHG target for 2050

The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the shipping sector.

about 4 years ago