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Outlook & Strategy

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OGA
Outlook & Strategy

UK: OGA offers offshore blocks to 65 firms as gov’t launches review into future licensing regime

The UK’s Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks or part-blocks to 65 companies in the latest offshore licensing round.

about 6 years ago
Illustration; Source: ExxonMobil Australia
Outlook & Strategy

ExxonMobil mulls worldwide job cuts after revealing lay-off plan in Australia

U.S. energy giant ExxonMobil is assessing whether to cut jobs worldwide after announcing a voluntary lay-off programme in Australia.

about 6 years ago
Illustration, oil workers; Source: Schlumberger sexual harassment
Outlook & Strategy

Another woman joins sexual harassment lawsuit against Schlumberger

Another former female employee of oilfield services giant Schlumberger has been added as a second plaintiff in a $100 million sexual harassment class-action lawsuit against the company.

about 6 years ago
WoodMac: LNG regas capacity under construction at 10-year high
Outlook & Strategy

WoodMac: LNG regas capacity under construction at 10-year high

The global LNG regasification capacity under construction could hit 144 million tonnes per annum in 2020, a 10-year high.

about 6 years ago
Yara Marine
Outlook & Strategy

Yara Marine launches startup accelerator program to contribute to greener maritime industry

Yara Marine Technologies, a Norway-based provider of exhaust gas cleaning systems, has announced its new corporate accelerator program, Yara Marine X.

about 6 years ago
PGNiG inks hydrogen deal with Toyota
Outlook & Strategy

PGNiG inks hydrogen deal with Toyota

Polish Oil and Gas Company (PGNiG) signed a deal with Toyota Motor Poland to advance hydrogen technology.

about 6 years ago
Formosa 1 offshore wind farm in Taiwan
Outlook & Strategy

Taiwan to become second largest APAC offshore wind market

By 2035, Taiwan will become the largest offshore wind market in the Asia-Pacific (APAC) region after China, with 15 GW of capacity estimated to be added by that time, according to GlobalData. “Taiwan offshore wind market is poised to witness multifold expansion to reduce its reliance on fossil fuel

about 6 years ago
shipping
Outlook & Strategy

Mapping of zero-emission projects shows strong focus on hydrogen vessels

There are 66 projects zero-emission pilots and demonstration projects underway in shipping, according to the preliminary results of a mapping exercise carried out by the Getting to Zero Coalition. As explained, the mapping seeks to build awareness and understanding of the pilot projects currently un

about 6 years ago
A photo of an installation vessel mounting blades on a turbine at sea
Outlook & Strategy

Quarter of world’s new offshore wind capacity to be in China

China, the UK, and the U.S. will be the main contributors to the new offshore wind capacity added globally by 2030, with China’s new offshore wind farms to account for 25 per cent of the globally installed capacity. “China is poised to dominate due to its conducive policy initiatives and presence of

about 6 years ago
Sempra LNG promotes Glatch to president and COO
Outlook & Strategy

Sempra LNG promotes Glatch to president and COO

Sempra LNG, a unit of Sempra Energy, promoted its current COO, Lisa Glatch, to president and chief operating officer of the company.

about 6 years ago
Recep Tayyip Erdoğan during the presentation of the discovery with the Fatih drillship image in the background; Source: Presidential website Turkey Wood Mackenzie
Outlook & Strategy

Woodmac: Turkey’s Tuna-1 discovery could be transformational

A gas discovery of the scale of Turkey’s Tuna-1 find in the Black Sea, if developed, would be transformational for the country, given its overwhelming reliance on imports and crippling energy import bill, according to Wood Mackenzie.

about 6 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer) Poland net-zero
Outlook & Strategy

Poland could reach climate neutrality by 2056

The Polish Economic Institute (PEI) said on Wednesday that Poland, which is the only European Union country that has not pledged to be carbon neutral by 2050, could reach that goal by 2056.

about 6 years ago
containership
Outlook & Strategy

Performance Shipping exits containership sector with vessel sale

Greek shipowner Performance Shipping has become a pure play Aframax company as it disposed of the final containership in its fleet.

about 6 years ago
Illustration; Source: Equinor
Outlook & Strategy

Norway: Tax relief to increase investments in oil and gas

A survey made by the Norwegian statistics bureau SSB revealed that oil and gas investment in Norway will rise more this year and decline less in 2021 than predicted a few months ago.

about 6 years ago
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