In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

As COP28 draws closer, various attempts at setting up stronger global energy democracy ties are making their presence known in a bid to power up climate solutions with sustainable energy and get coal, oil, and gas off the grid to prevent climate breakdown and ensure a target to triple renewables by 2030 is set in stone. These steps are not just being taken to phase out fossil fuels, but also to enable a just energy transition to a low-carbon and green world, bringing the funds to tackle climate chaos to those in need and forcing the world powers and major countries in the energy arena to tilt the policy and investment landscape to renewables. This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

What is in this edition?

• Decarbonization hopes rest on COP28’s shoulders
• Taking steps towards low-carbon economy with CCS
• Europe’s rush to say yes to hydrogen
• Throwing more marine energy into play to speed up net zero
• Rise of hybrid interconnectors
• Setting the stage for greener shipping
• Oil & gas still hold the reins

The world’s energy transition constellations offer a myriad of different decarbonization pathways, which have already been put into action. However, the intricacies of the global energy landscape are complex, as the industry is still firmly governed by fossil fuels. This does not mean that the heat is not being turned up to pivot towards a more sustainable future and scale up funding for the transition to a net-zero era, but the transformation process appears to be an uphill battle, which is nowhere close to allowing renewables to take the lead.

Within its Energy Outlook 2023, TotalEnergies presents scenarios for the evolution of demand and the global energy system to assess the impact of the various decarbonization levers that will enable the energy transition to be completed by mid-century. While the decarbonization engine is already in running mode, the oil major underlines that it is not going “fast enough,” as the current investment in low-carbon energies is “insufficient” to meet the demand growth.

The French giant identifies the phase-out of coal, elimination of methane emissions, and reduction of fossil fuel consumption at the right pace as net zero challenges along with the need for the developed economies to commit to fully supporting the Global South’s transition journey through financial, technological, and skills transfers. Further emphasis is also put on the use of natural gas as a transition fuel for electricity and industry in all countries, the rise in hydrogen use after 2030, and a boost in the harnessing of new energies such as green hydrogen in industry and transport, e-fuels, biofuels, and biogas.

“Faced with increasing energy demand, it is impossible to ‘unplug’ the current energy system, as long as the carbon-free energy system is not developed enough to meet global demand. So, investment in the new energy system has to accelerate sharply,” explained TotalEnergies.

After the decision to appoint Dr. Sultan Ahmed Al-Jaber, the UAE Minister of Industry and the CEO of ADNOC, as the chair for COP28 stirred up considerable controversy, concerns were raised about the possibility of undermining climate action and sweeping green policies under the carpet, given the Middle East’s undeniable and very strong connections to the oil and gas industry, which many see as the culprit of climate change. In the same fashion as the rest of the world, the Middle East is also pursuing two energy transitions. The first one is an attempt to lower the carbon footprint of the oil and gas industry while the second one represents a switch to green and renewable sources of supply in line with decarbonization targets.

This helps to shed more light on the decision to put Al-Jaber at the helm of COP28, as the Gulf Arab states offer an interesting portfolio of assets for the global energy transition, encompassing renewable energy potential, low-carbon fuels, and substantial financial resources, despite their oil and gas legacy. In line with this, the region’s oil and gas industry expertise could play a crucial role in addressing challenges facing sectors like carbon capture, utilization and storage (CCUS), biofuels, low-carbon hydrogen, and offshore wind projects while showcasing the need for an all-encompassing strategy on the path to achieving net-zero emissions.

While there can never be a one-size-fits-all solution to reaching net zero, the right roadmap is expected to leverage the contributions of various regions and industries, including oil and gas. Currently, no matter how the numbers are crunched, they do not add up to net zero by 2050. Is this a lost cause or is there still hope that these aspirations can be achieved? While opinions are polarized on the issue, many believe that COP28 – taking place at Expo City Dubai, the UAE, from November 30 to December 12, 2023 – will be the breaking point and the best indicator of things to come. Therefore, all hopes for reaching climate goals rest on the conference’s shoulders.

With net-zero targets on thin ice, the window of opportunity is narrowing down but remains open, thus, there is still time to course correct and plot a new more accelerated roadmap to reach the Paris Agreement aspirations. With geopolitical challenges, climate change, energy security, and inflation wreaking havoc on the global stage, the UAE is determined to spearhead a process at COP28 for all parties to agree upon a clear roadmap to step up progress through “a pragmatic global energy transition,” leaving no stone unturned in the search towards inclusive climate action.

Several measures have been put into play to achieve this, including the launch of a new charter to mobilize and encourage the private sector to take further steps towards stepping up their net-zero pledges, as this sector accounts for approximately 80% of global GDP, as well as the bulk of the world’s energy consumption and greenhouse gas emissions. The charter follows a technical report from the Global Stocktake, which showed that the world is off track to keeping the goals of the Paris Agreement alive. 

As the charter is designed to enable the private sector to play a full role in the delivery of the Paris Agreement goals, all signatories will commit to a series of actions, including making net-zero and interim targets with an existing, high-integrity body; producing a credible net-zero transition plan within one year of COP28; and reporting annual progress and committing to robust validations processes.

In addition, the COP28 Declaration on Climate, Relief, Recovery and Peace will seek transformative measures on the frontlines of the climate crisis. This declaration seeks to make a collective commitment to increase climate action, investment, and absorption capacity in countries and communities affected by conflict or protracted humanitarian crisis, as well as present an accompanying package of finance, policy, programs, and practices to operationalize the commitment.

The strengthening of global cooperation is seen as a critical path to facing the climate crisis. Although significant progress has been made since the 2015 Paris Agreement across countries and sectors, many recent reviews and outlooks show that the world is still heading the wrong way. As a result, E3G, an independent climate change think tank, is convinced that governments, and organizations at COP28 will need to agree on bolder actions to close the emissions gap by reaching an agreement on a phase-out of fossil fuels and propelling the energy transition forward with new finance and ambition for a renewable energy revolution, protecting the most climate vulnerable, and accelerating the overall financial system transformation to meet the net-zero challenge head-on. 

Camilla Fenning, Programme Lead at E3G, remarked: “The UAE COP President has been clear that the world must work towards an energy system free of unabated fossil fuels by mid-century, with action on coal being a priority. At COP, countries need to nail down fossil fuel phase-out language (including specifics on coal) in the decision text, complemented by goals to triple global renewable capacity and double the rate of energy efficiency improvements by 2030. Clean energy expansion and a narrowing window for fossil fuel demand is the economic reality. COP is where political will is required to expedite energy transition as a global priority.” 

In the run-up to COP28, the European Union’s decision-makers from the European Parliament, the Council of the EU, and the European Commission made inroads in hammering out a compromise on the inclusion of a performance standard for methane emissions from imports within the first EU-wide legislation aimed at cutting these emissions from the energy sector, encompassing direct methane emissions from oil, gas, coal, and biomethane once injected into the gas network. The new legislation, which is expected to enter into force in early 2024, aims to oblige the fossil fuel industry to properly measure, monitor, report, and verify methane emissions according to the highest monitoring standards, and take action to reduce them.

The provisional agreement, which demonstrates the EU’s willingness to shoulder significant responsibility for methane emissions beyond its borders, is perceived to be crucial to delivering the European Green Deal and reducing net greenhouse gas emissions by at least 55% by 2030. While this still requires formal adoption by both the European Parliament and the Council prior to coming into force, the incoming regulations specifically targeting methane emissions from imported oil and gas, are estimated to drive two to six times greater emissions reductions compared to regulations covering all domestic EU emissions from energy.

Kadri Simson, Commissioner for Energy, remarked: “This landmark agreement will allow us to seriously tackle the energy sector’s greenhouse gas emissions in the EU and beyond. This first-of-its-kind regulation enables the EU to curb methane emissions in a cost-effective manner, and address venting and flaring of gas, which make economically and environmentally little sense. This will benefit our planet and will also avoid wasted resources in tight global gas markets.”

Even though energy transition pieces continue to fall into place, the net-zero puzzle is far from nearing completion. However, this week brings fresh items, adding more gumption to the decarbonization challenge to reach emission reduction goals and usher in a carbon-free world. While it is widely accepted that there is no silver bullet for the climate crisis, one of the tools in the global low-carbon arsenal, which keeps growing bigger, is carbon capture and storage (CCS).

Recognizing the potential of this climate change mitigation method to curb greenhouse gas emissions, many players within the energy industry and beyond are pursuing CCS projects. Australia’s Santos and Korea’s SK E&S are among them, as illustrated by a memorandum of understanding (MoU) the duo inked to embark on cross-border CCS solutions, positioning Australia at the forefront of efforts to assist Asia in bringing a low-carbon economy to life.

To this end, the two firms will seek to develop a low-carbon hub at Darwin in the Northern Territory, after a CO2 storage permit was awarded for G-11-AP within the Bonaparte Basin off the coast of Western Australia in 2022. In addition, Santos and SK E&S will pool resources on securing additional CO2 storage, including the Bayu-Undan field, and develop a transboundary business model to aggregate and transport CO2 from Korea to Australia for safe and secure storage underground.

Another oil and gas player, Wintershall Dea, is actively working to secure more CCS projects to lower its carbon footprint, as shown by a farm-in deal with Carbon Catalyst, which has now been completed, enabling the German giant to get a 10% interest in the Poseidon CCS project in the UK North Sea. This marks Wintershall Dea’s entry into a second UK CCS project, including the Camelot license, and fifth in the wider North Sea, including the Greensands CCS project in the Danish North Sea.

The German player’s latest CCS project addition has the potential to help in the decarbonization activities directed at both the East and Southeast of England. This project is slated to come online by 2029, with initial CO2 injection rates of around 1.5 million tonnes per annum (Mtpa), ramping up to 40 Mtpa, over a 40-year period.

Despite the touted benefits of offshore carbon capture and storage technology as a potential climate silver bullet, a new report from the Center for International Environmental Law (CIEL) challenges these widely held beliefs by painting CCS as a “dangerous distraction” from real progress on climate change and a lifeline for new fossil fuel developments rather than a means of curbing the existing carbon footprint. Spurred by the findings in the report, CIEL has recommended a stop to the dash for offshore CO2 storage hub developments along with the strengthening of regulatory regimes at the global level to prevent alleged harm from offshore CCS projects.

While describing CCS as “a false promise that only helps to keep fossil fuel facilities running and oil and gas fields pumping,” Nikki Reisch, CIEL’s Climate and Energy Program Director, warned: “Proposed offshore CCS ‘hubs’ are enabling big polluters to amplify the myth that we don’t need to phase out fossil fuels, we can just ‘manage’ their emissions. But CCS’s track record is riddled with failures and warning signs about the technology’s feasibility and safety.”

In contrast, Wood Mackenzie, an energy intelligence group, recently pointed out that emerging sectors could not usher in net zero by 2050 without carbon capture, utilization, and storage. Currently, Wood Mackenzie is tracking globally planned CCUS capacity at 1,400 Mt CO2 Pa and the U.S. is in the lead with a 33% share of these projects. 

The trend towards greener energy also continues to gain ground, albeit not as quickly as some would like. In the quest towards a sustainable energy future, Europe continues to be a pioneer. Hydrogen, especially green hydrogen, is often seen as an important player on the global stage. Bearing this in mind, Westwood, a market research and consultancy firm, disclosed an optimistic outlook for Northwest Europe (NWE) hydrogen imports, led by targets set by the Netherlands and Belgium, which have the potential to provide 62% of the EU’s import targets. In line with this, 72% of the Netherlands’ 12.5 GW pipeline are green hydrogen projects, with 92% of these requiring power from offshore wind.

The Netherlands has been a busy bee this week, as the country penned two joint declarations of intent with Germany to not only strengthen hydrogen infrastructure and import but also to establish a cross-border hydrogen ecosystem by potentially creating four cross-border hydrogen interconnectors that would be integrated into the European hydrogen network by 2032. The duo intends to put Germany’s H2Global mechanism to good use in a bid to provide support for companies to start producing green hydrogen abroad. With the aim of securing more green hydrogen, each country will invest €300 million on a joint global tender and ten-year purchase contracts for imports of green hydrogen from 2027.

This is just the tip of the iceberg when it comes to Germany’s hydrogen moves over the week. The country also passed a draft law that provides regulations for financing a core hydrogen network to enable a country-wide infrastructure network for the fuel by 2032 while transmission system operators (TSOs) submitted a draft application for the network to the Federal Network Agency and the Federal Ministry for Economic Affairs and Climate Protection (BMWK).

Based on the current draft, the total length of the optimized core network is expected to be around 9,700 kilometers – 60% of which consists of converted lines from the existing natural gas network and 40% of new lines. While the investment costs amount to €19.8 billion, the feed-in and feed-out capacities of the network are about 100 GW and 87 GW, respectively.

Harnessing energy from oceans is seen as another way to push the transformation of the energy sector towards low-carbon and green sources of supply. Recognizing the need to identify new and feasible marine technologies in the process of harvesting ocean energy, the U.S. Department of Energy (DOE) announced the launch of the $1.7 million Powering the Blue Economy: Power at Sea Prize competition to advance technologies that use the nascent marine energy to power ocean-based activities.

The competitors’ concepts, which should have a high potential for eventual deployment at sea, can power any off-grid use in the ocean with marine energy, which includes power from waves, tides, and ocean currents. In a bid to assist with propelling the U.S. net-zero plans, applications can encompass ocean-observing devices, aquaculture installations, and much more, and all require access to consistent, locally available power.

The tidal energy’s potential for future electricity generation is believed to be substantial, thus, countries and energy players are increasing their pursuit of this renewable energy resource, as shown by the $1 million funding award for a Jacobs-led consortium of industry and academic organizations, given by the UK government to help bring to life a new type of tidal turbine designed to boost the viability and potential of Britain’s tidal power projects.

Jacobs’ industrial research with Severn Estuary Tidal Bar Limited, in collaboration with Cardiff University, Liverpool John Moores University and the Tidal Range Alliance (part of the British Hydro Association – BHA), will pool resources to move forward with optimization and testing of the Very Low Head turbine (VLHT), which is being developed to tackle the challenges faced by several UK tidal range schemes, such as relatively high costs, turbine performance for bi-directional generation and environmental impacts.

Wave energy is also among the ocean energy sources positioned for further growth. The technology and devices for harnessing this power source have come a long way, as hammered home by CorPower Ocean’s C4 wave energy device, which managed to withstand waves of up to 18 meters and survive a major storm off Portugal.

With a 300 kW power rating, the resilience of the C4 device was tested multiple times since its deployment in late summer 2023 at the Aguçadoura site, enduring four storms, including Babet, Aline, Ciarán, and Domingos. The storm conditions for the last one were recorded by Instituto Hidrográfico as the historical record for northern Portugal. 

The dawn of next-generation interconnectors has certainly manifested itself in Europe, as the region cements its frontrunner spot in the energy transition game and renewables arena. The hybrid interconnectors are expected to enable clusters of offshore wind farms to connect in one go to the shore, plugging into the energy systems of neighboring countries, thus, turning these interconnectors into offshore connection hubs for green energy. This week saw more than one European country go in hot pursuit of hybrid interconnectors.

The news about a probe into the economic and technical feasibility of such an interconnector first came from Belgian and Norwegian transmission system operators (TSOs), Elia and Statnett, which have decided to explore the possibility of using the subsea cable to link the high-voltage grids of both countries while being connected to Norwegian offshore wind farms. This feasibility study, which is slated to be done by the end of 2024, is expected to enable a new interconnector – if built – to come into operation by 2035.

Norway’s Statnett is also looking into the feasibility of hybrid interconnectors with Denmark and Germany. The electricity connection with Denmark will bring offshore wind from areas near a Danish energy island in the North Sea and from an area in the Norwegian part of the North Sea called Sørvest F.

If the joint study with Danish TSO Energinet, which will be completed at year-end 2024, shows there is good reason to proceed further, the hybrid electricity connection between the two countries via the energy island is expected to be ready by 2035 at the earliest. Additionally, Statnett’s collaboration with Germany’s Amprion and TenneT will enable the evaluation of technical and economical aspects of a hybrid interconnector with the integration of offshore wind energy.

“A hybrid interconnector between the two countries could be a further and important milestone in achieving the climate targets in Europe and making better use of the wind energy potential of the North Sea. With the MoU, we are laying an important foundation for this,” said Hendrik Neumann, CTO of Amprion GmbH.​

The decarbonization era has also spread its wings over the shipping industry, revolutionizing it step by step to bring it closer to net zero emissions. This week has been marked by a few firsts in the maritime arena. Finland’s Wärtsilä started the ball rolling on further innovation with the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel. The new Wärtsilä 25 Ammonia solution is said to have the ability to immediately cut GHG emissions by more than 70%, compared to a similar-sized diesel solution, meeting current EU targets until 2050 and even exceeding the IMO target for 2040.

The first shipowner to reap the benefits from the new ammonia solution will be Viridis Bulk Carriers, the world’s first zero-emission shipping company, which is a partnership between Amon Maritime, Mosvolds Rederi and Navigare Logistics. This shipping player plans to bring a ‘green game changer’ to the European short sea bulk market, envisioning a carbon-free transportation service based on a series of ammonia-powered newbuild vessels.

With the maritime industry increasingly seeing an influx of new vessels powered by wind, hydrogen, and methanol, zero-emission shipping is slowly but surely becoming a reality. This was brought home further by the creation of Dockendale Green Marine Ship Management, the world’s first ship management company exclusively dedicated to methanol-powered ships. This Dubai-based shipping player is the product of a joint venture between India’s Dockendale Ship Management and Denmark’s Green Marine, aiming to put the wind in a methanol-powered maritime future’s sails.

Vikrant Gusain, CEO of the newly formed joint venture, pointed out: “Our partnership with Green Marine is the result of a shared vision to advance methanol dual-fuel ships and as a result, decarbonization of the maritime industry. Green shipping is moving at an incredibly rapid pace, and we felt it was an opportune time to bolster our ship management service offerings and demonstrate our commitment to building a more sustainable future for shipping.”

Another shipping firm, which is enriching its fleet with methanol-fueled vessels is China Merchants Energy Shipping (CMES), part of China Merchants Group. The Chinse player ordered a batch of eight new vessels from the China Merchants Industry, expanding its fleet with four 7,800 CEU methanol-powered dual fuel car carriers, two 82,000 dwt dry bulk carriers, and two 62,000 dwt multipurpose ships.

Equipped with a 60-cylinder methanol internal combustion engine, the methanol-fueled car carriers are scheduled for delivery in the third quarter of 2026 while the four bulkers are slated for delivery from the second half of 2025 until the end of 2026.

All countries and continents are making inroads in their decarbonization quests, but some are currently more dedicated to the pursuit of a carbon-free world than others. As the EU is one of the regions chasing carbon neutrality with more vigor, CMA CGM’s order for two RoPax ferries powered by LNG does not come as much of a surprise. The French shipping giant placed this order on behalf of its newly acquired ferry subsidiary, La Méridionale.

With a length of 180 meters, a width of 30.8 meters, and an accommodation capacity for 1,000 passengers, the two new vessels will be equipped with the latest environmentally friendly technologies, including two electric propulsion engines of 10.5MW powered by LNG, which will enable reductions of 99% for sulfur emissions and 80% for nitrogen oxide emissions. Aside from this, the ships will be able to use a variety of alternative fuels, such as biogas and synthetic methane.

Observing the oil and gas landscape through the decarbonization lens shows that the energy transition pervasiveness has turbocharged emission reduction efforts. This transformation of the energy system comes with geopolitical, social, and economic implications, which are also having an impact on the oil and gas industry, leading to more hydrocarbon projects with a lower carbon footprint, especially in certain regions.

As promising as the current changes seem, the road ahead is still bumpy, thus, navigating the energy transition waters is bound to be a turbulent journey towards a more sustainable future. While most oil and gas heavyweights are putting the wheels into motion to diversify their portfolios with low-carbon and green energy sources, black gold, as oil was nicknamed years ago, and natural gas with LNG as the centerpiece are still keeping their spots as the most valuable and traded commodities.

While explaining that there was “no single silver bullet” for the energy transition woes, Kevin Gallagher, Santos’ CEO, underscored: “The climate enemy is emissions, not fossil fuels.” According to Gallagher, shutting down oil and gas industries is bound to drive energy prices up and drag energy security down while slowing the pace of the energy transition engine.

“We cannot turn off the taps on oil and gas before replacement technologies are technically feasible, affordable, and available. Fossil fuels still account for around 80% of primary energy today – the same as 45 years ago – and peak consumption has not yet occurred. So if we are serious about reducing emissions, we have to be serious about abating emissions from fossil fuels,” emphasized Santos’ CEO.

“If governments are truly anti-emissions rather than anti-fossil fuels, they should embrace the ongoing use of abated oil and gas, direct air capture and CCS as well as renewables and new low-carbon fuels. Because the benefits of using existing infrastructure and energy systems will save trillions of dollars and deliver net zero – without compromising our living standards.”

While the energy price shocks, spurred by the Ukraine crisis, have brought inflation and high energy prices, the IEA’s data confirms that the deployment of clean energy is experiencing a massive growth cycle. Even though this progress is commendable, the current settings will not lead to net zero, thus, a grid revamp is in order, among other things. For some reason, grids, which represent the veins of the energy system, seem to be the energy industry’s blind spots.

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The importance of grids was also emphasized by Alessandro Blasi, Special Advisor to the IEA Executive Director, who pointed out: “The lack of attention towards networks is generating massive paradoxes that at times of energy and climate crisis assume grotesque dimension. A first paradox is that the lacking of grid expansion and modernization determines a massive bottleneck to make wind and solar project to be connected and start deploying clean electricity.

“A second paradox is that creates headwinds to the electrification of economy that is one of best options to make the system more efficient (and secure). A third one is that this implies a larger use of fossil sources, with clear impact on emissions (and energy security).”

According to Westwood, new rig deal durations peaked in 2013 for jack-ups and in 2014 for floating rigs over the last decade, but the length of such deals dwindled during the prolonged downturn and eventually reached the trough in 2018 for floaters and 2019 for jack-ups. This has picked up steam again since the global rig market recovery got underway in 2021. On average, awarded jack-up contract durations have increased 36% compared with 2021, while drillships have increased 41% and semi-subs a whopping 117%.

This signifies that the search for more oil and gas is on the rise, as further illustrated by ADNOC Offshore’s six 15-year contract awards for jack-ups in the Middle East. The same operator has since awarded a plethora of further long-term jack-up deals, five of which were fixed in June 2023 for ten years apiece. Westwood believes that further lengthening in average rig deals will be seen over the coming year, as there are already ten-year tenders out in the market for a pair of drillships required for campaigns beginning in early 2025.

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During 2023, new concerns for the global energy system up to 2050 and beyond have been sparked by renewed tensions in the Middle East due to the Israel – Palestine conflict, which comes exactly 50 years since the first oil embargo graced the energy stage. This is also taking place at a time when the world is gearing up to host COP28 in hopes of pushing the net zero agenda forward and triggering a new wave of innovation to reach the Paris Agreement goals.

However, the tides are also turning in favor of more fossil fuels. As the shift towards more gas, with an emphasis on LNG, is being observed throughout the world during the energy transition era, Blasi believes that “the undisputed star of this new season” is LNG.

Blasi further elaborated: “If globally the golden age of gas seems to be at an end as demand growth slows down, the same cannot be said for the LNG as markets get more interconnected with new producers and consumers. In just few years a myriad of liquefaction projects come online bringing additional 250 bcm of new capacity in the markets – a huge amount of new supplies! The leaders of the ‘golden era for LNG’ are two heavyweights of global gas production, although it is interesting how those represent a different type of gas resources.

“On one side, United States thanks to the shale gas revolution made by thousands and thousands of fields and production sites. On the other side, Qatar that sits on the single largest field of the world. A big question is what driver is going to prevail between policies aimed at overcoming the use of gas in domestic markets and a new abundance of gas supplies that might ease prices and concerns.”

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Will the emission reduction embers turn into a fool decarbonization blaze at COP28 and can the energy transition fire be stoked to fan the net-zero flames? At the moment, it is hard to predict the answer, as it remains to be seen whether COP28 will live up to the expectations placed upon it. The clock is certainly ticking and we are less than two weeks away from the conference, which is anticipated to bring greater action towards net-zero ambitions at a time when a big question mark hangs over previously established targets, as fossil fuels continue to reign supreme in the global energy mix, with renewables managing to power only 20%. In contrast, coal, oil, and gas still hold the energy reins by controlling the lion’s share of 80%.

Another event, the Offshore Energy Exhibition & Conference 2023 (OEEC 2023), which puts energy transition in the spotlight is also being held in less than two weeks. This is a premier annual event for the entire offshore energy sector not just in Europe but also beyond, encompassing global players in the energy transition story, where the full spectrum of stakeholders gathers to do business and share knowledge.

The event will enable participants and visitors to get the latest scoop on the developments in the evolving and emerging sectors and technologies while embracing the low-carbon and green shift towards a net-zero future. It will be held in RAI Amsterdam in the Netherlands on November 28 & 29, showcasing expertise in oil and gas, offshore wind, green marine, subsea, marine energy, hydrogen, and much more!

With the first oil and gas platforms connected to a floating wind farm and the first projects combining offshore wind and floating solar energy on their way to being built, investments in gigawatt-scale renewable energy projects are the new norm, so come to the Offshore Energy Exhibition & Conference to find out what else may be in store for the offshore energy and maritime industries.

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