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Transition

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Eidesvik Offshore's service operations vessel Acergy Viking

Transition

In focus: Energy and shipping sectors in symbiosis for net-zero

Offshore Energy continues with its new In focus weekly feature, spotlighting the latest energy transition developments, after our first edition went online on 16 April. Following last week’s news on the U.S. oil giant Chevron’s entrance into the offshore wind market and note that the company has not

about 5 years ago

Concept for the MWP vessel with a 20MWp Ocean Sun floating solar power plant (Courtesy of MWP)

Transition

Ocean Sun teams up with MWP to use floating solar tech for desalination

Norwegian companies Ocean Sun and Marine Water Production (MWP) have joined forces to produce fresh water through desalination using offshore floating solar technology.

about 5 years ago

Transition

Rystad downgrades peak oil demand to 101.6 million bpd in 2026

Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.

about 5 years ago

Transition

HSHI delivers world’s 1st silent product carrier

Hyundai Samho Heavy Industries (HSHI), a shipbuilding arm of Korea Shipbuilding & Marine Engineering, has built and delivered a 115,000 dwt product carrier which has obtained the Silent E-Notation from DNV. The LR2 tanker, named Onex Peace, is owned by UAE-based energy trading company Onex DMCC, and

about 5 years ago

Transition

In focus: Piecing together the energy transition puzzle

The offshore energy sector is currently going through a major change with the energy transition and sustainability as a driving force.

about 5 years ago

North Cormorant platform off the UK - TAQA

Transition

TAQA to reduce exposure to oil & gas in energy transition push

TAQA has made plans to reduce exposure to the hydrocarbons sector and for renewables to make up 30% of its portfolio by 2030 in energy transition push.

about 5 years ago

Transition

Lamprell eyes revenue streams from digital ventures

Injazat and Lamprell have entered into a JV agreement to create and market innovative digital solutions focusing on the renewables and oil & gas industries.

about 5 years ago

Transition

IGU: no energy transition without natural gas

Speaking at GECF, the president of the International Gas Union (IGU) Joe M. Kang said the role of natural gas as an enabler in the energy transition will be an important theme in the international energy discussion.

about 5 years ago

Transition

Oil market future uncertain after rebound from Covid-19 shock, IEA says

Based on today’s policy settings, global oil demand is set to rise every year through 2026 but stronger policies and behaviour changes could bring a peak in demand soon, an IEA report says.

about 5 years ago

Photo of Benjamin Lehner and Tjerk Suurenbroek opening the webinar (Courtesy of DMEC)

Transition

Large-scale demonstrations key to attracting marine energy investments

As the transition to renewable energy gains pace worldwide, marine energy and its predictable and reliable nature, backed by versatile application potential, is bound to find its place in the future energy mix. However, the sector first needs to demonstrate its ability to go large-scale to attract b

about 5 years ago

Transition

Petronas inks energy collaboration deals with ADNOC and Masdar

Malaysia’s LNG giant Petronas signed two Memoranda of Understanding (MoU) with United Arab Emirates-based Abu Dhabi National Oil Company (ADNOC) and Masdar for collaboration across the energy value chain.

about 5 years ago

The Shell-operated Appomattox deep-water asset.

Transition

Big oil output to peak lower and earlier than expected, Rystad says

The world’s oil and gas industry’s production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows.

about 5 years ago

Transition

Mubadala Petroleum elects new CEO to take it forward amid energy transition

Oil and gas company Mubadala Petroleum, a subsidiary of Mubadala Investment Company, has appointed Mansoor Mohamed Al Hamed as its CEO.

about 5 years ago

Transition

NRGI: State oil firms could waste $400 billion as energy shift accelerates

State-owned oil companies could waste around $400 billion on investments in the next decade on new oil projects that will struggle to turn a profit as the world shifts away from fossil fuels, NRGI said in its latest research.

about 5 years ago