PricewaterhouseCoopers (PwC) has produced a report focusing on the future of the North Sea oil and gas industry that is undergoing significant changes as the worldwide transition to low carbon sector gains pace. The report ‘A Sea Change – the transformation of North Sea oil & gas’ is based on interv
The embattled crude oil and natural gas industry worldwide has slashed capital spending to a point below the minimum required levels to replace reserves — replacement of proved reserves in the past constituted about 80 percent of the industry’s spending; however, the industry has slashed its capital
LDD, in collaboration with its sister companies from Acteon Group, UTEC and MENCK, has delivered a subsea Pre-Piling Template (PPT) to Offshore WindForce (OWF), which is installing 70 foundations at the Wikinger offshore wind farm. LDD’s PPT is being used by OWF, a joint venture between Boskalis and
(Updated with a further comment by an Elengy spokeswoman to say that two LNG tankers have been redirected due to the strikes) Workers at Elengy’s three LNG terminals have called off their almost four week-long strikes. France has been hit by a wave of strikes aimed at forcing President Francois Holl
Scottish Renewables and WWF Scotland have responded to news that Global Energy Group and Siemens have signed a contract securing the use of Nigg Energy Park for the Beatrice Offshore Wind Farm project. Lindsay Roberts, Senior Policy Manager at Scottish Renewables, said: “The contract signed today wi
Siemens will present technologies and services that will help lowering the levelized cost of electricity (LCOE) at the Global Offshore Wind 2016 (GOW) trade show, to be held on 21 and 22 June in Manchester. The company will showcase new technologies in wind turbines, grid connection, and operations
Siemens will present technologies and services that will help lowering the levelized cost of electricity (LCOE) at the Global Offshore Wind 2016 (GOW) trade show, to be held on 21 and 22 June in Manchester. The company will showcase new technologies in wind turbines, grid connection, and operations
Pakistan’s Economic Coordination Committee (ECC) on Tuesday reviewed the pricing mechanism for regasified LNG, approving a US$1.2 per unit price raise, previously rejected by the Oil and gas Regulatory Authority.
One person died after a motor banca carrying 70 passengers sank at Magallanes Wharf, Agusan Del Norte, on June 11, the Philippine Coast Guard (PCG) said. The boat encountered engine trouble while sailing due to big waves prevailing in the area, according to the PCG. All the passengers onboard panick
Pacific Orca has arrived at PD Ports’ newly redeveloped £35 million quay at Teesport, where it will be berthed at Number One Quay for several weeks while being fitted with a pile gripper that has been constructed on site. The vessel, owned by Swire Blue Ocean, will then sail away to the Rampion offs
In an effort to implement the arms embargo imposed on Libya, the United Nations Security Council authorized Member States to “use all measures” to inspect vessels off the coast of Libya believed to be in violation of the embargo. The authorization, approved by the 15-member council on Tuesday, aims
As the demand for LNG in Asia grows, India has renewed its talks with Japan and South Korea on forming a liquefied natural gas purchasing alliance.
French LNG player Engie on Tuesday said it has rebranded its operations in the United States and Canada under the company’s new strategic direction and regional organization.
With Global Wind Day being celebrated today (15 June), it is only appropriate to bring out the statistics from IRENA’s “Renewable Energy and Jobs – Annual Review 2016” report, which shows that wind energy saw an employment increase of 5% in 2015 and that there are now 1.1 million people working in t
