Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Rystad forecasts that Southeast Asia’s oil and gas output is unlikely to rise above 5 million barrels of oil equivalent per day (boepd).
Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.
Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.
The year is not over yet for South Korean shipbuilder Samsung Heavy Industries (SHI) as it received an order for the construction of a liquified natural gas (LNG) carrier.
The U.S. Government Accountability Office has expressed its concerns about DOE’s management of the funding of CCS demonstration projects.
Offshore drilling contractor Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs.
Wave energy parks, equipped with Symphony Wave Power devices, could emerge in the North Sea in 2023, according to the company’s founder Fred Gardner.
An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.
Welcoming the UK government’s plans to invest in tidal energy industry, certification and advisory company Bureau Veritas has suggested that tidal stream electricity has the potential to become one of the most viable and reliable sources of renewable energy in the world.
FESCO Transportation Group, the largest intermodal transport operator in Russia, revealed it will further increase container traffic on the route connecting Japan and Russia.
Research from the Pacific Northwest National Laboratory (PNNL) and the National Renewable Energy Laboratory (NREL) has found that marine energy can provide important benefits to power grids, while complementing less predictable renewable energy generation.
India wants to build greater synergies between the major and non-major ports in order to promote coastal trade and provide sustainable, cost-effective and efficient intermodal & multimodal solutions.
The Port of Rotterdam received the 15 millionth TEU container of the year — the first time that a European port has broken this record.
