A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.
Aberdeen-based Balmoral Comtec has completed the installation of its manufacturing plant at its new composites facility at Montrose Port that will produce composite structures for subsea and offshore renewable energy sectors.
The deepwater oil and gas production is set to increase by 60 per cent by the end of the decade, says Wood Mackenzie.
Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.
Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.
Seadrill has secured a contract extension for one of its drillships, which will continue to carry out operations in the U.S. Gulf of Mexico
“We must do everything in Europe to become independent from fossil imports as soon as possible. We must accelerate the transition to a sustainable and climate-neutral energy supply”, says Manon van Beek, CEO of TenneT. During the conference session ‘The Executive Outlook’ industry leaders each take
Can developers, offshore construction companies, and shipbuilders map a road for the offshore wind sector to reach massive capacity targets while avoiding bottlenecks due to vessel shortages and port over-capacitation? But also, are some of these challenges in the industry providing opportunities fo
In this market update, two professionals from Offshore Energy’s supporting and endorsing partners will share their views on the current state of affairs, outlooks for the upcoming years and share opportunities in several regions and markets in the maritime, offshore and energy sector. Jan Vos is the
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
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
Caroline Justet from Strohm will present the latest hydrogen developments. Strohm is the world’s first and leading manufacturer of fully bonded, Thermoplastic Composite Pipes. The lightweight, high strength and corrosion resistant composite pipes provide cost and operational benefits in renewable en
Guillaume de Witt from TotalEnergies will present the latest hydrogen developments. TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity.
