Energy Transition
News
October 03, 2024
1PointFive, a subsidiary of Occidental, has secured $36 million in funding from the U.S. Department of Energy (DOE) to develop two carbon sequestration hubs in Texas and Louisiana.
News
October 01, 2024
Kazakhstan is in talks with China about increasing gas exports and is even considering building an additional pipeline to boost flows, underscoring the growing significance of its role in the region’s fuel market.
News
October 01, 2024
OLT Offshore LNG Toscana announced that the extraordinary maintenance activities of the FSRU Toscana terminal have been successfully completed.
News
September 30, 2024
The FEED contract scope of work includes the modular design of a greenfield LNG production facility in Afungi, all associated gas pre-treatment units and the utilities and offsite systems to support the LNG production. The plant will have an overall production capacity of 18 million tons per annum. The scope of work also includes the engineering, procurement and construction proposal.
News
September 26, 2024
NES, specializing in sustainable energy design and smart control systems for vessels, will deliver a containerized energy storage system that includes a “Quest” battery charger, a 1 MW battery package, and a control system. The system is capable of operating in peak shaving, spinning reserve and harbor mode.
News
September 25, 2024
The plant design will feature electric-driven LNG trains instead of gas turbines, reducing greenhouse gases emissions compared to conventional LNG projects. It will also include prefabricated and standardized modules to be assembled at the project site in Mozambique, offering cost competitiveness and certainty in delivery schedule.
News
September 24, 2024
The oil and gas industry has pursued energy transition avenues to decarbonize its operations. However, heightened energy security fears amid the Ukraine war have brought back the focus on fossil fuels, which has led companies to scale down their energy transition pursuit, according to a report published by GlobalData.
News
September 24, 2024
The news follows Friday’s announcement by Equinor ASA — Norway’s biggest oil and gas company — that it’s scrapping plans to develop a pipeline to transport hydrogen to Germany due to a lack of customers, supply and an adequate regulatory framework.
Article
September 2024
Electrification has proven to be effective in lowering costs and the carbon footprint of drilling operations. This article provides technical analysis of highline (grid) power utilization on rigs through the lens of an innovative technology that connects a rig to a power grid, reducing Scope One emissions to nearly zero.
News
September 19, 2024
SLB and Aramco have signed an agreement with the aim of co-developing, commercializing, and utilizing digital solutions to help mitigate greenhouse gas (GHG) emissions in industrial sectors. These solutions would be integrated within SLB’s digital sustainability platform, building on the collaboration announced in 2022.
News
September 18, 2024
Lance is among several CEOs looking to utilize North America’s gas reserves, of which the head of ConocoPhillips says is “substantial.” Lance went as far as to predict “a century” of available resources.
News
September 17, 2024
The permitting halt, which went into effect earlier this year, will raise energy costs, threaten supplies for America’s European allies and increase emissions by slowing the transition from coal to gas, Chevron CEO Mike Wirth said in a speech at the GasTech conference in Houston Tuesday.
News
September 17, 2024
During the five years ending in 2023, companies reduced their pollution by more than 25%, a percentage they originally pledged to achieve by 2027 in the North Sea Transition Deal, according to Offshore Energies UK.
News
September 16, 2024
Wind Challenger will help reduce fuel consumption and GHG emissions by using its unique telescopic sails. In addition to the robust design of Wind Challenger itself, additional safety measures include a fully enclosed navigation bridge and a lookout station on the vessel’s fore deck to further enhance visibility.
News
September 16, 2024
Earlier this month, Equinor’s Troll B and C fields offshore Norway became partly powered from shore. This reduces annual emissions from the Norwegian Continental Shelf (NCS) by 250,000 tonnes of CO2.
News
September 16, 2024
The new name reflects the company’s focus on scaling up existing carbon capture technologies as well as its commitment to invest in research and development to ensure a pipeline of cutting-edge solutions that meet the evolving needs of industries worldwide.
News
September 12, 2024
ADNOC has signed a long-term Heads of Agreement with IndianOil for 1 million metric tonnes per annum of liquefied natural gas (LNG) from its Ruwais LNG project in Abu Dhabi.
News
September 10, 2024
The latest Emissions Monitoring Report from the NSTA shows that progress has been made and the 2030 target is within reach, but more work is needed to ensure that industry meets and surpasses key emissions targets and gets on long-term reduction trajectories.
News
September 10, 2024
The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
News
September 09, 2024
The UK government’s newly announced proposal to grant carbon dioxide transport and storage licenses to Liverpool Bay CCS Limited (Hynet) and Net Zero North Sea Storage Limited - the East Coast Cluster round Humberside and Teesside as been welcomed by the country’s largest offshore trade group.
News
September 08, 2024
The plant, located in offshore Akwa Ibom state in the oil-rich Niger Delta, is expected to be commissioned in 2028, with first gas a year later. It will produce LNG, petroleum gas and condensate.
