The UK oil and gas regulator Oil and Gas Authority (OGA) last week hosted the first of a series of workshops on offshore oil and gas platform electrification aimed at reducing greenhouse gas emissions, a step dubbed vital in helping the UK reach the net-zero target by 2050…
Poland, the only European Union country that has not pledged to be carbon neutral by 2050, could reach that goal by 2056, a study by the state Polish Economic Institute (PEI) showed on Wednesday.Poland generates almost 80% of electricity from…
Norwegian offshore engineering and construction firm Aker Solutions said Friday its offshore wind and carbon capture subsidiaries had raised NOK 500 million each in private placements.Aker Solutions in July said it would spin off its wind development…
“The UK Continental Shelf has the potential to make a deep and meaningful impact on the UK’s overall net-zero target and offshore energy integration can be the game-changer,' Andy Samuel, CEO of the UK's Oil and Gas Authority said Thursday.Samuel's…
The German Federal Ministry of Economic Affairs and Energy has sent a funding confirmation to partners working on the WESTKÜSTE 100 green hydrogen project.The WESTKÜSTE 100 project, which will produce green hydrogen via electricity generated by offshore wind turbines…
UK-based Envoy Group has acquired a marine engineering company, Avantis Marine, to target carbon reduction and clean energy solutions for offshore markets.Avantis specializes in marine engineering with a focus on environmental performance and clean technologies for the shipping…
Danish offshore oil and gas drilling company Maersk Drilling is stepping up its efforts to reduce emissions associated with its drilling operations.It in June joined a consortium whose aim is to develop an offshore storage solution for CO2 captured in Danish onshore facilities…
Two UK-based energy technology firms The Oil & Gas Technology Centre and Offshore Renewable Energy (ORE) Catapult are joining forces in a five-year collaboration aimed at speeding up the UK's transition to a net-zero future.The partnership named Energy Transition Alliance (ETA)…
Norwegian offshore energy services provider Aker Solutions will spin off its wind development business and the carbon capture technology business in two separate firms, ahead of the proposed merger with engineering and construction firm Kvaerner…
A group of the world's top oil companies, including Saudi Aramco, China's CNPC, and Exxon Mobil, have for the first time set goals to cut their greenhouse gas emissions as a proportion of output, as pressure on the sector's climate stance grows…
Global oil demand and carbon dioxide emissions probably peaked in 2019 as the COVID-19 pandemic will have a lasting impact on both, energy consultancy DNV GL said on Wednesday.The Norway-based consultancy, which advises both petroleum and renewable energy companies on risk management and technology…
Norwegian energy giant Equinor said Wednesday it would build a gas-to-hydrogen plant in the UK in combination with carbon capture and storage. The captured carbon would be stored in offshore storage in the North Sea. Equinor said the facility…
Offshore platforms delivering almost half of Norway's oil production might soon be powered from shore, which the government says, would reduce emissions considerably, given that Norway's mainland electricity comes mainly from hydropower and wind farms…
Norwegian company Parat Halvorsen will supply the electric boilers that will provide the heating on the Edvard Grieg platform offshore Norway when the field is supplied with power from shore. 'This means that the last piece of the puzzle to fully electrify Edvard Grieg is coming into place…
Norway's ambition to build a full-scale carbon capture and storage (CCS) chain could cost around $25 billion crowns ($2.58 billion), including operating costs for ten years, an economic analysis showed on Thursday.The International Energy Agency…
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