Approximately £75bn ($89.9 bn) of investment over the coming three decades will be required for the UK’s domestic maritime sector to transition to net zero, a report produced by Marine Capital with the support of UMAS and Lloyd’s Register (LR) estimates. Hence, attracting new sources of capital to i
Belize may lift the offshore oil moratorium to allow exploration activity, including seismic testing in Belizean waters.
The Belledune Port Authority (BPA) in Canada has teamed up with Cross River Infrastructure Partners, a U.S.-based project development company focusing on climate-positive technologies, to pursue the use of advanced small modular reactor (aSMR) technology. The development proposes to use aSMR from AR
Suncor has revealed that the Terra Nova life extension project is ongoing while the FPSO is still expected back in Canada by year-end.
Canadian pipeline and energy company Enbridge has completed the transaction relating to its partnership agreement with Pacific Energy to jointly invest in the Woodfibre LNG project. The companies announced their intention to jointly invest in the construction and operation of the project earlier thi
Danish container shipping major Maersk and IBM have decided to withdraw the TradeLens offerings and discontinue the platform. The blockchain-enabled shipping solution was created in 2018 with the aim of promoting more efficient and secure global trade, bringing together various parties to support in
Offshore Energies UK has predicted that about £20 bln will be spent on decommissioning North Sea oil & gas installations in the next decade.
As a diverse and secure energy supply is more important than ever, the time to implement the EU’s strategy on marine renewable energy is now. Watch the Marine Energy session ‘Scaling-Up Marine Energy’ to follow the latest marine energy deployments and to explore opportunities to scale-up these ambit
Malaysia’s Petronas has taken a final investment decision (FID) to develop a carbon capture and storage (CCS) project offshore Sarawak.
Greenhouse gas emissions from the world’s maritime fleet increased by 4.7%, between 2020 and 2021, with most of the increase coming from container ships, dry bulk carriers and general cargo vessels, the latest Maritime Transport report from UNCTAD warns. Another worrying trend is the fact that the f
Following the completion of the construction phase for an FPSO, Woodside has tucked “another important milestone” under its belt.
TGS provides data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. Jan Schoolmeesters talks a
TotalEnergies and its partner, APA Corporation, have completed the drilling of an exploration well in Block 58 offshore Suriname.
A deal for the Celtic Interconnector project brings Nexans closer to becoming a pure electrification player.
