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Outlook & Strategy

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Illustration; Source: NOAA Hurricane
Outlook & Strategy

Hurricane shutdowns bite U.S. oil and gas output

As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday following Hurricane Zeta, companies are feeling this year’s repeated oil and gas production halts.

about 5 years ago
Three US states form offshore wind pact
Outlook & Strategy

Three US states form offshore wind pact

Maryland, North Carolina, and Virginia have partnered to advance offshore wind projects in the region and promote the Southeast and Mid-Atlantic United States as a hub for offshore wind energy and industry. The creation of the Southeast and Mid-Atlantic Regional Transformative Partnership for Offsho

about 5 years ago
IMO
Outlook & Strategy

South Korea initiates programme with IMO to cut ships’ GHG emissions, announces carbon neutrality pledge

The Republic of Korea and the International Maritime Organization (IMO) have signed an agreement to establish a four-year training programme to support developing states to reduce greenhouse gas (GHG) emissions from shipping.

about 5 years ago
Julian Manning, CEO of Paradigm Group at the Offshore Energy 2020 studio
Outlook & Strategy

Waste Not, Want Not – The Role of Fossils Fuels During the Energy Transition

Julian Manning, CEO of Paradigm Group has shared his insights on how we can improve on energy loss during its actual production and what role fossil fuels will play for energy transition. Manning highlighted that energy waste is potentially the biggest source of energy during the current transition.

about 5 years ago
Francisco Boshell, during a live ZOOM call at the Offshore Energy 2020 conference
Outlook & Strategy

Oceans Powering the Energy Transition: Progress Through Innovative Business Models

Francisco Boshell, Renewable Energy Markets and Standards Analyst, IRENA, shared his views on the role of oceans as a sustainable resource supporting the global energy transition. Offshore renewables are the key to reach our climate and sustainable goals, according to Boshell, who highlighted offsho

about 5 years ago
Noble Don Taylor drillship
Outlook & Strategy

One quarter of global floating rig fleet could face scrapping as Covid-19 bites, Rystad says

An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.

about 5 years ago
Fossil Energy editor Nermina Kulovich at the Offshore Energy stage presenting on The Role of Oil and Gas Industry in Energy Transition
Outlook & Strategy

The Role of Oil and Gas Industry in Energy Transition

The oil and gas sector is joining the energy transition, with net-zero pledges from the big oil and gas names already widely familiar. While its move towards the fully green and clean side of things is being done slowly and safely, the industry has encountered a push or two from the circumstances ar

about 5 years ago
Speakers at the Focus on Offshore Wind session at Offshore Energy's studio
Outlook & Strategy

Focus on Offshore Wind

The first session at the Offshore Energy 2020 event discussed offshore wind, but other offshore renewables as well. As we move to a more clean-energy-oriented world, cross-market collaboration and system integration get more attention. With using multiple technologies to tap into the offshore renewa

about 5 years ago
Northern Endurance partnership graphic - BP
Outlook & Strategy

Five energy majors to develop CO2 transport and storage project in UK North Sea

Energy majors have formed ‎the Northern Endurance partnership to develop offshore carbon dioxide ‎ transport and storage infrastructure in the UK North Sea.

about 5 years ago
Edison, Enagás partner up on small-scale LNG
Outlook & Strategy

Edison, Enagás partner up on small-scale LNG

Italian energy player Edison and its Spanish counterpart Enagás have teamed up on small-scale LNG cooperation.

about 5 years ago
FERRY
Outlook & Strategy

DFDS raises outlook as it sees higher freight volumes

Despite uncertainties associated with the COVID-19 pandemic, Danish ferry and logistics company DFDS has raised its outlook for 2020 thanks to growing freight volumes.

about 5 years ago
Donald Trump (L) and Joe Biden (R) at the Presidential debate; Source: Biden's campaign website
Outlook & Strategy

Biden to steer U.S. off oil to tackle climate change. Trump warns of economic impact

United States President Donald Trump and former vice president Joe Biden locked up horns in the final presidential debate over completely different visions on the future of the country’s fossil fuels industry.

about 5 years ago
The Jack/St. Malo floating production unit
Outlook & Strategy

Offshore deepwater oil production one of cheapest sources of new supply as costs reach new low, Rystad says

Oil production costs have reached a new low, making deepwater one of the cheapest sources of new supply, according to Rystad Energy.

about 5 years ago
Chinese flag
Outlook & Strategy

China going carbon neutral: What will it mean for shipping?

In September, China’s President Xi Jinping pledged before the UN General Assembly to make China carbon neutral by 2060. This is a bold goal for the world’s largest polluter at a time when the nation is planning to develop nearly 150 gigawatts worth of coal power plants. The momentum is building for

about 5 years ago
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