Abstract: Penguins are sea...birds. These highly evolved marine predators thrive in the oceanic habitat. Yet, they are conflicted – confronted to the duality of a life spent partly at sea, partly on-land. This life style has them subject to a number of very different ecological pressures. The ECONERGY polar project (IPEV #119) seeks to understand how king penguin cope with the constraints they face while living on-land, and the underlying physiological adaptations that allow them to do so. This includes studies dealing with fasting, parasites, predators, aggressive neighbors, climate and human disturbance. I will present some of the advances our project has made over the past decades, and where we will proceed in the years to come with a new project. We aim to understand bird stress from an integrative perspective, building a long-term observatory of penguin physiological responses to a changing world, and determining how breeding performances on land and foraging performances at sea are related.