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Transition

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shipping
Transition

Fuel oil quality survey sheds light on problems faced by owners during transition to LSFO

An industry survey into the transition to using compliant low-sulphur fuel oil since the beginning of 2020 shows that the switch hasn’t been completely pain-free for shipowners as fluctuating fuel oil properties lead to a myriad of issues. The survey focuses on issues such as increased sludge discha

about 6 years ago
Rystad: Oilfield services market could replace lagging revenue by tapping into energy transition projects
Transition
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Rystad: Oilfield services market could replace lagging revenue by tapping into energy transition projects

Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis.

about 6 years ago
Women Woman Illustration; Source: Equinor
Transition

Women – the hidden potential of oil and gas industry’s energy transition

The oil and gas industry has historically been a hard place for female workers. Now, with the oil and gas industry transitioning towards green energy, women workers could be the fresh workforce injection companies desperately need.

13 minutes read
Illustration; Source: Hurricane COVID-19
Transition

DNV GL: COVID-19 alone not enough to hit Paris climate goals

The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and will have lasting impacts once the pandemic dissipates but on its own will not be enough to advance the world’s progress towards the Paris climate ambitions, classification society DNV GL said.

about 6 years ago
Energy transition and COVID-19; Source: Equinor
Transition

COVID-19: A pivot point for the energy transition

The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to gr

11 minutes read
Containerships
Transition

Study calls for urgent action on cutting emissions from existing ships

Urgent action is needed to target emissions from the existing ships in order to deliver on what is dictated by the global Paris Agreement, according to a University of Manchester study published today in the new journal BMC Energy. The sector also has to up its game if it is to deliver on the IMO 20

about 6 years ago
1.4 TW of offshore wind by 2050 achievable
Transition

OREAC: 1.4 TW of offshore wind by 2050 achievable

1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that

about 6 years ago
Norway shows lowest and Canada highest upstream carbon footprint, Rystad says
Transition

Norway shows lowest and Canada highest upstream carbon footprint, Rystad says

Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway has the lowest, a Rystad Energy analysis shows.

about 6 years ago
Hydrogen pipes; Source: DNV GL
Transition

Hydrogen on oil and gas industry’s decarbonisation horizon

Hydrogen has surged up the priority list of many oil and gas organizations, taking a primary position in the sector’s decarbonization efforts, according to a new report by DNV GL.

about 6 years ago
Peter Sand
Transition

BIMCO: The crash of the bunker market and post-IMO 2020 reality

The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. “From a shipowner’s or charterer’s perspective, the lower bunker prices provide a glimmer of hope in bleak tim

about 6 years ago
ADNOC and ADPower
Transition

ADNOC and ADPower team up on subsea HVDC links

ADNOC and ADPower have issued a joint tender to develop and operate the MENA region’s first HVDC subsea transmission system. The system will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid. The project should as a result reduce the carbon footprint of ADNOC’s off

about 6 years ago
Zero emission vessels
Transition

Three pathways to decarbonization of shipping

There are three potential fuel pathways toward developing zero-emission vessels and decarbonizing the future of shipping, according to ABS. The US-based classification society just released the 2020 Setting the Course to Low-Carbon Shipping — Pathways to Sustainable Shipping outlook, which maps out

about 6 years ago