Net zero offers BP chance to become ‘better company’, says strategy boss
A senior figure at BP has hailed net zero for offering the oil and gas giant a chance to become a “better company”.
DNV
Flagship DNV report laments ‘lost opportunity’ of pandemic to speed up energy transition
A leading technical body has lamented the Covid-19 pandemic as a “lost opportunity” for speeding up the energy transition.
Energy industry rising to the challenge of a hydrogen economy; infrastructure the greatest hurdle, DNV says
Energy professionals identify lack of investment in infrastructure as the joint-highest risk their organizations face in relation to hydrogen – and a significant majority (78%) say repurposing existing infrastructure will be crucial to developing a large-scale hydrogen economy.
INWED 2021: Empowering (and powerful) women in the energy transition
Five female engineers with DNV have collectively spent nearly forty years working towards the energy transition.
New DNV research highlights 10 energy systems technologies that must work together to meet global decarbonization targets
DNV, the independent assurance and risk management provider, has highlighted how 10 key energy transition technologies are expected to develop, compete, and interact over the next five years if global economies are to meet emissions reduction targets. DNV’s aim is to make an objective and realistic assessment of the status of these technologies and evaluate how they can contribute to the energy transition ahead.
Ardmore distillery hydrogen-from-wastewater project gunning for government funds
A pioneering project that would use wastewater from an Aberdeenshire distillery as a feedstock for producing clean-burning “green” hydrogen is in the running for a funding injection.
Equinor and Orsted among latest additions to North Sea green hydrogen project
Almost a dozen firms, including Equinor, Orsted and DNV, have become the latest members to join a leading European renewable energy project.
Managing climate change risk for future resilience
TechnipFMC, DNV GL in digital twin partnership
TechnipFMC and DNV GL have entered into a partnership to develop the oil and gas industry’s first methodology for qualifying the integrity of digital twin technology.
Outlook for energy has ‘peak oil’ in the 2020s – DNV GL
Peak oil will occur in the next few years, a new report into energy transition has found.
DNV CEO: Digital dispels competitive reluctance
Oil and gas companies are putting their competitiveness to one side and are overcoming a reluctance to share data, an industry chief has said.
World energy demand to plateau from 2030, says DNV GL report
World energy demand is expected to plateau from 2030, according to DNV GL’s inaugural Energy Transition Outlook.
Stars need cash to align for single-lift vessel
A group of companies say the “stars are aligning” for the development of a new single-lift construction vessel (SLCV) which could take a chunk out of North Sea decommissioning costs.
OTC Video: Doorway open to harnessing wind to power offshore water injection
A joint industry project led by DNV GL has come to the view that wind-powered water injection is a viable alternative to conventional, energy intensive systems offshore.
DNV wins big with Statoil’s Johan Sverdrup
DNV has won a string of contracts off Statoil for its landmark Johan Sverdrup development worth NOK60million.
Opinion: Rising to the challenge of the ‘new normal’
As an industry we are realising that the oil price may continue to drop to a level previously thought unthinkable, $20 to $40 per barrel. Regardless of whether or not these prices are seen in 2016, we do have to accept that a sustained low price is here to stay for a lot longer than we thought last summer. This is our ‘new normal’, where oil price determines the cash flow of the industry. Low oil price plus high cost equals a lot less cash, and a lot more pressure from the shareholders.