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Transition

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Keel laying marks official construction start of NKT's second cable layer
Transition

Keel laying marks official construction start of NKT’s second cable layer

Danish power cable manufacturer and installation company NKT has marked the official start of construction of its new cable-laying vessel (CLV) NKT Eleonora with the keel laying ceremony, some two months after the first steel was cut for the vessel. The official keel laying of NKT Eleonora took plac

about 1 year ago
A photo of the panelists at the Green Growth session at OEEC 2024
Transition
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Deputy Head of Research Unit at EU’s DG Energy: ‘Relying on targets and assuming jobs and growth will follow does not work’

Relying only on renewable energy targets and expecting the industry and economic growth would follow “does not work”, Mark van Stiphout, Deputy Head of Unit for Research, Innovation, Competitiveness and Digitalisation at European Commission’s DG Energy, said during a panel session about green growth

about 1 year ago
Map showing the planned location of MESH and the existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Transition

UK’s ‘largest’ gas and hydrogen energy storage project on track for FID in 2025

EnergyPathways has made progress in making its proposed large-scale energy storage project in the East Irish Sea ready for a final investment decision (FID) later this year by securing operatorship for a block encompassing the project and picking a compatriot contractor to handle engineering study f

about 1 year ago
UK's first HVDC cable factory gets €23.7M boost from Scottish bank
Transition

UK’s first HVDC cable factory gets €23.7M boost from Scottish state-owned bank

The state-owned Scottish National Investment Bank is investing £20 million (around €23.7 million) in subsea cable manufacturer XLCC which will support the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The new manufacturing facility is located at the brownfiel

about 1 year ago
North Sea ecosystem regeneration at heart of Dutch govt's new program
Transition

North Sea ecosystem regeneration at heart of Dutch govt’s new program

Human touch has taken its toll on the delicate North Sea ecosystem. With the growing pressure of climate change and demand for sustainable energy and food, this ecosystem keeps deteriorating. Preventing or preserving the North Sea now has an exclamation point. As a response, the Dutch Ministry of Ag

about 1 year ago
Buzzard oil & gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Transition

UK hits Chinese oil & gas giant’s European arm with £125K fine in flaring and venting clampdown

North Sea Transition Authority (NSTA) has imposed a penalty of £125,000 on a European affiliate of China’s state-owned oil and gas giant for breaching its venting consent on two separate occasions at a field located 60 miles northeast of Aberdeen.

about 1 year ago
Denmark's tender invites applications for coastal CO2 storage exploration
Transition

Denmark inviting applications for coastal CO2 storage exploration

The Danish Energy Agency is today opening the fourth round of tenders inviting companies to apply for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark. The tender covers three areas near the Danish coast – Jammerbugt, Lisa and Inez, which are among several

about 1 year ago
International e-NG alliance expands with nine new members
Transition

International e-NG alliance expands with nine new members

The e-NG Coalition, an international alliance promoting e-NG in energy transition, has been joined by nine new members.

about 1 year ago
FPSO EmissionZero; Source: SBM Offshore
Transition

SBM Offshore takes slice of Ocean-Power ownership pie

On a mission to boost its decarbonization arsenal, SBM Offshore has become the owner of a minority stake in Norway’s Ocean-Power.

about 1 year ago
Fast4Ward design; Source: SBM Offshore
Transition

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici

12 minutes read
Troll A platform; Source: Jan Arne Wold/Elisabeth Sahl - Equinor
Transition

Giant North Sea field sets ‘historic’ gas production record

Equinor has achieved a new production milestone at its natural gas asset in the North Sea, which is said to be the largest oil and gas field off the coast of Norway.

about 1 year ago
Illustration; Source: Brava Energia
Transition

Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025

The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.

14 minutes read
Offshore Energy’s top five hydrogen stories of 2024
Transition

Offshore Energy’s top five hydrogen stories of 2024

Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon

about 1 year ago
An offshore platform
Transition

WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task

Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture

about 1 year ago