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Outlook & Strategy - Offshore Energy

Outlook & Strategy

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Outlook & Strategy

Gulf of Mexico ‘critical part of global energy story’ for Talos CEO

Talos’s CEO portrays the Gulf of Mexico and Gulf Coast as a ‘critical part of the global energy story’ due to multiple hydrocarbon resources.

about 4 years ago

Boosting production from ageing wells and surging oil & gas discoveries to propel growth in well intervention market, Fortune Business Insights says

Outlook & Strategy

Boosting production from ageing wells and oil & gas discoveries to propel growth in well intervention market

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.

about 4 years ago

Outlook & Strategy

TGS, Cognizant to roll out data ecosystem for renewable energy players

Norwegian seismic player TGS and American IT services company Cognizant have expanded their partnership to build a digital platform for delivering comprehensive data to energy companies.

about 4 years ago

Outlook & Strategy

KR grants AiP for two green ammonia-fueled ships

South Korean classification society Korean Register (KR) awarded approval in principle (AIP) to two green ammonia-fueled ships at KR’s Seoul branch office on 15 December.

about 4 years ago

Outlook & Strategy

Borr ponders equity offering of $30 million to bring its refinancing strategy to life

Borr Drilling is contemplating an equity offering of $30 million in its quest to successfully complete its refinancing plan.

about 4 years ago

Outlook & Strategy

World’s 1st zero-emission all-electric tanker launched in Japan

Japanese shipping company Asahi Tanker has launched and named the first of its two next-generation all-electric tankers ordered in 2020.

about 4 years ago

Carbon capture & sequestration market to reach $7 billion by 2028 bolstered by increased investments in carbon removal, Fortune Business Insight says

Outlook & Strategy

CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says

Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.

about 4 years ago

Outlook & Strategy

Wakashio captain, 1st officer get 20 months in prison for causing Mauritius oil spill

A court in Mauritius has handed a 20-month prison sentence to the captain and first officer of Wakashio, a Japanese bulk carrier that ran aground off the Mauritian coast in 2020, causing a massive oil spill.

about 4 years ago

SIMEC Atlantis' AR500 tidal turbine ahead of deployment (Courtesy of SIMEC Atlantis)

Outlook & Strategy

SIMEC Atlantis powers down tidal kit in Japan after exporting 247MWh of clean energy

SIMEC Atlantis Energy has powered down its 500kW AR500 tidal turbine after almost one full year of generating clean renewable energy in the Naru Strait in Japan.

about 4 years ago

Outlook & Strategy

Port of Gothenburg to save CO2 with hybrid service ship

During the second quarter of 2022, service ship Northern Skagerrak will be converted to a hybrid operation. It will collect oily engine room waste, known as sludge, from ships arriving at the Swedish Port of Gothenburg.

about 4 years ago

PortXL innovation platform supported two start-ups – Lexx and HelioRec (Courtesy of HelioREC)

Outlook & Strategy

Van Oord to use floating solar to power unmanned survey vessels

Dutch maritime giant Van Oord has signed a partnership agreement with floating solar specialist HelioRec to investigate the use of floating solar as power source for charging its unmanned survey vessels.

about 4 years ago

Outlook & Strategy

Samsung Heavy bags order for LNG carrier

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.

about 4 years ago

U.S. needs better mechanisms to quell funding concerns over carbon capture and storage projects totalling $1.1 bln so far

Outlook & Strategy

U.S. needs better mechanisms to oversee funding of CCS projects, GAO warns

The U.S. Government Accountability Office has expressed its concerns about DOE’s management of the funding of CCS demonstration projects.

about 4 years ago

Outlook & Strategy

Sumitomo and Keppel O&M join in on ammonia bunkering in Singapore

Sumitomo Corporation and Keppel Offshore & Marine have signed a memorandum of understanding (MoU) to explore the feasibility and implementation of ammonia fuel in Singapore.

about 4 years ago