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Ørsted Breaks Ground on Carbon Capture Project

Dec 04, 2023

Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired unit at Avedøre Power Station in Greater Copenhagen…

ExxonMobil CEO Rebuffs IEA Criticism of Carbon Capture Strategy

Dec 03, 2023

ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible 'illusion', saying the same could be said about electric vehicles and solar energy…

COP28: US Cracking Down on Methane from Oil and Gas

Dec 03, 2023

The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a global plan to rein in emissions that contribute to climate change.The rules, two years in the making…

Gensets: New Fuels but Perennial Goals

Dec 01, 2023

Fuel flexibility may be a key driver for recent developments in gensets, but the perennial goals of lowering CapEx and OpEx remain.Fuel flexibility is one of the pillars of decarbonization that is being embraced by genset OEMs. Fuel efficiency…

RWE and Masdar to Co-develop Giant British Offshore Wind Project

Dec 01, 2023

Germany's RWE has signed an agreement with the UAE’s clean energy developer, known as Masdar, to develop a 3 gigawatt (GW) wind project off the coast of Britain, capable of powering around 3 million homes, the companies said on Friday.The announcement…

JIP to Advance Offshore Wind Concrete Floater Standards

Dec 01, 2023

DNV secured partners to launch a new project to enhance technology development and prepare for scale/industrialization of concrete substructures for floating offshore wind.The new Joint Industry Project (JIP) called Concrete FLOW will optimize…

Malaysia Banks 1 Billion+ BOE Discoveries in 2023

Dec 01, 2023

PETRONAS and its Petroleum Arrangement Contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion barrels of oil equivalent (bboe) of new resources for Malaysia in 2023. This achievement…

Fincantieri Set to Acquire Remazel Engineering

Dec 01, 2023

Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is a leader specialized in the design and supply of highly customized and complex topside equipment…

Brazil to Join OPEC+ But Won't Cap Oil Output, Petrobras CEO Says

Dec 01, 2023

Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras PETR4.SA told Reuters.The group's surprising…

Japan Urged to Scale up Offshore Wind Auctions

Nov 30, 2023

International energy companies, from Germany's RWE to Spain's Iberdrola, are urging Japan to beef up offshore wind power auctions and make investments more attractive, amid soaring installation costs as competition for suppliers grows worldwide…

Vestas Secures 203MW Order in the US

Nov 30, 2023

Vestas has received a 203MW order to power an undisclosed wind project in the US. The order consists of 45 V163-4.5MW wind turbines.The orders include supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement…

ABS Supports Edison Chouest with Sustainability Reporting

Nov 30, 2023

ABS is working with offshore support vessel operator Edison Chouest Offshore (ECO) on its decarbonization journey with greenhouse gas inventory and sustainability reporting services. ECO has nearly 300 vessels.ABS specialists have been working…

McAllister Towing Releases Its First Sustainability Report

Nov 30, 2023

McAllister Towing has released its inaugural sustainability report.ABS specialists worked with McAllister’s team to provide greenhouse gas inventory and sustainability reporting services, calculating the operational carbon intensity and benchmarking…

Strohm Receives Qualification for Deepwater TCP Flowline

Nov 30, 2023

Thermoplastic composite pipe (TCP) technology company, Strohm, has had a Statement of Qualified Technology issued by DNV for its six-inch EGF-PE pipe, as per the DNV-ST-F119 standard, for its use as a flowline or jumper in deep waters.It is…

Ashtead Technology Acquires ACE Winches

Nov 30, 2023

International subsea equipment rental and solutions specialist Ashtead Technology has further expanded its mechanical solutions service offering with the acquisition of ACE Winches.Established in 1992, ACE Winches’ core offering supports the installation…

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