With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.
Carbon Transition has entered into a new $2.5 million multi-client seismic data licensing contract with an existing customer for the Utsira multi-client survey in Norway. Under the contract, the customer, whose name has not been disclosed, will license Carbon Transition’s Utsira multi-client survey.
Action has been taken to minimise the risks of accidents and improve safety of offshore oil & gas infrastructure, but incidents still occur.
Three Japanese companies have signed a basic agreement to explore a joint hydrogen production business using waste plastic gasification facilities in the Nagoya Port area. Iwatani Corporation, Toyota Tsusho Corporation and JGC Holdings Corporation signed the agreement in December 2022, stating that
Due to several ongoing projects, the UK’s Kishorn port (KPL) is currently playing host to giant semi-submersible and jack-up drilling rigs.
Boluda Towage, part of Spain’s Boluda Corporación Marítima, has dispatched four tugs to Lubmin, a small port located in the German Bay of Greifswald in the Baltic Sea region. The company has played a central role in the planning for the maneuvering of the floating storage and regasification unit (FS
BW Offshore has secured a short-term contract extension with Eni for one of its FPSOs for operations offshore Nigeria.
Several unexploded ordnance (UXO) items have been identified within Dogger Bank A & B array areas during a UXO inspection campaign. The UXO items will be addressed during a separate UXO Clearance phase of work estimated to be performed around February 2023. The Dogger Bank A, B, and C UXO inspection
Planned investments in gas infrastructure amounting to $245 billion across Africa, are in danger of turning into stranded assets.
A report by Hydrogen Council, a global CEO-led initiative that brings together companies with a united vision, suggests that hydrogen needs to grow sevenfold to support the global energy transition, eventually accounting for 10% of total energy consumption by 2050. The report, named Sufficiency, sus
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As the future of the fossil fuels industry depends on its ability to manage its GHG footprint, what’s the best way to tackle these emissions?
While 2022 was marked by a global energy crisis and price volatility, 2023 is still uncharted territory for the oil and gas industry.
India’s largest power generation company NTPC has partnered up with Tecnimont, a subsidiary of Italy’s Maire Tecnimont Group, to explore opportunities to develop a green methanol production facility. The companies have signed a non-binding memorandum of understanding (MoU) with an aim to jointly eva
