Energy Transition
Article
September 2025
Companies that implement comprehensive sustainability strategies realize quantifiable benefits, including 20%-to–25% cost reductions through digital solutions, 50% decreases in emissions through advanced drilling, and 30%-to–60% improvements in recovery through enhanced techniques—proving that sustainability enhances, rather than compromises, operational performance.
News
September 24, 2025
Aggreko and Katoni Engineering have partnered to deliver a tailored temporary power solution for a North Sea offshore platform turnaround, cutting nearly £900,000 in fuel costs and preventing 4.5 tonnes of CO₂ emissions.
News
September 23, 2025
U.S. President Donald Trump criticized the UK’s North Sea oil tax regime and green energy push in a UN speech, warning that Prime Minister Keir Starmer’s policies risk shutting down new offshore development.
News
September 22, 2025
BW Offshore has achieved first gas on the BW Opal FPSO at Santos’ Barossa LNG project offshore Australia. The FPSO, designed to process 850 MMscf/d of gas and 11,000 bpd of condensate, marks a key milestone ahead of full operations under its 15-year charter.
News
September 19, 2025
Tracerco has introduced its chemical tracer technology into a U.S. carbon capture and storage project for the first time. Adapted from enhanced oil recovery applications, the tracers provide ultra-sensitive leak detection, track plume migration, and verify CO₂ containment.
News
September 18, 2025
ExxonMobil says global energy demand will hold steady, reinforcing its long-term fossil fuel strategy. The company plans to double LNG sales by 2030, expand production in Guyana and the Permian, and advance new LNG projects in Mozambique and Papua New Guinea.
News
September 17, 2025
ADNOC's XRG has withdrawn its $19 billion bid for Santos, ending a high-profile push to expand in Australia’s LNG market amid valuation and tax disagreements.
News
September 16, 2025
Canada has approved the $10 billion Ksi Lisims LNG project, a floating export facility backed by Blackstone, Rockies LNG, and the Nisga’a Nation. Set to start by 2028, the project will become Canada’s second-largest LNG export terminal.
News
September 15, 2025
TotalEnergies, alongside Basra Oil Company and QatarEnergy, has launched construction of the final two major components of Iraq’s multibillion-dollar Gas Growth Integrated Project (GGIP), a landmark upstream and energy transition initiative.
News
September 15, 2025
Global OTEC has been selected by the DeepStar consortium, backed by Chevron, ExxonMobil and bp, to study Ocean Thermal Energy Conversion (OTEC) as a renewable power source for deepwater oil and gas operations.
News
September 12, 2025
ABS has granted approval in principle (AIP) to SBM Offshore for its pioneering Blue Ammonia floating production storage and offloading (FPSO) concept, advancing offshore gas conversion and decarbonized fuel production.
News
September 12, 2025
The EPA under President Trump plans to end the Greenhouse Gas Reporting Program, halting emissions tracking from power plants, industrial facilities, oil refineries and other major polluters. The move could obscure 2.6 billion metric tons of emissions annually while saving businesses $2.4 billion in regulatory costs.
News
September 12, 2025
Canada’s LNG expansion strategy gained momentum as Prime Minister Mark Carney placed Shell’s LNG Canada project on the national priority list, fast-tracking approvals for a potential doubling of export capacity.
News
September 12, 2025
Woodside has received final environmental approval from the Australian Government for the North West Shelf Project Extension, ensuring continued LNG supply, jobs, and investment while meeting cultural and environmental safeguards.
News
September 11, 2025
Equinor is considering combining parts of its renewable energy portfolio with Danish offshore wind developer Ørsted, in a move that could reshape the global offshore wind and clean energy market.
News
September 10, 2025
Alaska LNG, led by Glenfarne, has signed a Letter of Intent with JERA for 1 MMtpa of LNG over 20 years. The Alaska LNG project is the only federally approved LNG export project on the U.S. Pacific Coast.
News
September 10, 2025
TotalEnergies has reached FID with partners on Rio Grande LNG Train 4 in Texas, gaining a 10% stake and 1.5 MMtpa offtake capacity from the new liquefaction unit.
News
September 09, 2025
Argent LNG will integrate AI and robotics into the development, construction, and operation of its flagship 25 MMtpa Port Fourchon LNG export terminal in Louisiana, as part of a broad digital strategy to improve operational efficiency and reduce capex.
News
September 09, 2025
McDermott has won a contract with Monkey Island LNG to provide FEED services for its planned facility in Cameron Parish, Louisiana. McDermott's modular LNG train design enables delivery of up to 60% more LNG per acre than comparable projects.
News
September 05, 2025
Monkey Island LNG has selected ConocoPhillips’ Optimized Cascade® Process liquefaction technology for its planned 26 MMtpa natural gas liquefaction and export facility in Cameron Parish, Louisiana.
News
September 05, 2025
President Donald Trump’s energy chief said there are active discussions in the administration about the future of an offshore wind farm being constructed off the coast of Rhode Island by Denmark’s Orsted A/S, where work was recently halted.
