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Low-emission tech take-up is lagging Paris climate targets | Decarbonisation News

Less than 15% of low-emissions technologies required to meet Paris Agreement-aligned targets by 2050 have been deployed, according to new McKinsey research. Despite all the progress and commitments to decarbonise over the past decade, global emissions have still risen 9% since 2015.  This growth is largely driven by increasing global energy demand fuelled by population growth, rising industrialisation, growing income levels, and emerging demand sources, such as data centres. Combining the operational, final investments, and under-construction capacity for each technology in the three key regions (China, US, Europe) suggests that 2030 targets may not be met. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile… Read More »Low-emission tech take-up is lagging Paris climate targets | Decarbonisation News

Multi-year LNG offtake with Japanese player in Woodside’s bag

Woodside Energy Trading Singapore, a subsidiary of Australia’s energy giant Woodside, has sealed a sale and purchase agreement (SPA) with Japan’s JERA for a long-term supply of liquefied natural gas (LNG) during Japan’s peak winter period. The post Multi-year LNG offtake with Japanese player in Woodside’s bag appeared first on Offshore Energy.

TGS embarks on large-scale long-offset multi-client OBN gig in US Gulf

Norway’s energy data and intelligence company TGS has kicked off a new multi-client long-offset ocean bottom node (OBN) acquisition campaign in the Gulf of America (the U.S. Gulf of Mexico). The post TGS embarks on large-scale long-offset multi-client OBN gig in US Gulf appeared first on Offshore Energy.

Two North Sea oil & gas operators slapped with $469K fine for breaches in UK waters

Given its quest to come to grips with consent breaches on well decommissioning and excessive flaring and venting on the UK Continental Shelf (UKCS), Great Britain’s regulator, North Sea Transition Authority (NSTA), has imposed a penalty of £350,000 (around $469,000) on CNR International and NEO. The post Two North Sea oil & gas operators slapped with $469K fine for breaches in UK waters appeared first on Offshore Energy.

Nine rigs from Valaris-Aramco JV’s fleet embrace ALTAVE’s AI monitoring solution

ARO Drilling, a 50/50 joint venture between Valaris and Aramco in Saudi Arabia, has made arrangements to equip nine rigs with artificial intelligence (AI) monitoring technology from ALTAVE, a technology player specializing in the development of AI solutions for monitoring and securing complex operations. The post Nine rigs from Valaris-Aramco JV’s fleet embrace ALTAVE’s AI monitoring solution appeared first on Offshore Energy.

Fresh plug and abandonment gig takes Archer and SLB to Gulf of America

Oslo Stock Exchange-listed oil services company Archer, in collaboration with the U.S.-headquartered technology player SLB, has won a new integrated plug and abandonment (P&A) assignment in the Gulf of America (the U.S. Gulf of Mexico). The post Fresh plug and abandonment gig takes Archer and SLB to Gulf of America appeared first on Offshore Energy.

Charbone secures first UHP hydrogen order in New York state

The Quebec-based firm said it marked a milestone in the cross-border commercialisation of its production and confirms the US market’s interest in a reliable supply of UHP hydrogen. The order will be fulfilled using the company’s existing production capacity and is part of a broader strategy to establish long-term business relationships with industrial and technology firms. Charbone said it will not disclose volume, duration or financial terms of the deal given the limited supply of UHP hydrogen in the North America market. Through a modular approach, Charbone is focused on developing a network of clean hydrogen production facilities throughout North America and select markets abroad, starting with its flagship Sorel-Tracy project in Quebec, where work started in October. Hydrogen will be produced via electrolysis and use clean energy from the Hydro-Quebec grid, with initial capacity… Read More »Charbone secures first UHP hydrogen order in New York state

Seventh ammonia-ready vessel joins Grimaldi’s fleet

Italy’s shipping player Grimaldi Group has taken delivery of the seventh ammonia-ready pure car and truck carrier (PCTC), which is already set for its maiden voyage on the Asia–Europe service. The post Seventh ammonia-ready vessel joins Grimaldi’s fleet appeared first on Offshore Energy.