In-depth articles
Wheels up to change rules of oil & gas game in UK waters while windfall tax hike gets green light
The United Kingdom (UK) plans to embark on consultations to come up with new environmental guidance for offshore oil and gas projects in the aftermath of the recent Supreme Court ruling.
Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion
European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during th
Interview with Opsealog: Power of digitalization levels up vessels’ energy efficiency game as shipping regulations tighten their grip on fleets’ emissions
France’s Opsealog paints a picture of the offshore supply vessel (OSV) future rich with evolving technologies, a blossoming array of propulsion tools, and decarbonization gains.
$30 billion offshore energy undertaking at stake of being thwarted as endangered sea snake slithers to mega gas project
Will a dusky sea snake, which has been put on the endangered list by the Australian federal government, jeopardize a project, led by Australia’s energy giant Woodside and valued at over $30 billion, to develop what is said to be the country’s largest untapped conventional gas resource?
Fears over national security threaten to nip UK – France subsea interconnector in the bud
As the proximity to a naval base stokes defense and national security concerns, will the Ministry of Defence’s objection be the final nail in the coffin for this bi-directional green electric power link?
Transocean, Valaris, Noble, Seadrill, and Diamond Offshore rigs’ drilling game lifts total backlog to $21.8 billion
Five rig-owning titans – Transocean, Valaris, Noble, Seadrill, and Diamond Offshore -which are seen as the crème de la crème of the offshore drilling contractors, have managed to increase their combined total backlog to a whopping $21.8 billion.
Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit
European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.
Battle to (un)leash US gas prompts legal storm: Two major American LNG projects hit a snag as court scraps permits
An ongoing fight to pull the plug on two liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas seems to have yielded a partial win for climate activists, as a U.S. court has axed the previous authorizations and passed the baton back to the Federal Energy Regulatory Commission
UK’s oil & gas windfall tax hike – Coup de grace or boon for North Sea jobs and upstream investment?
How can the UK put all the puzzle pieces together to cultivate a sweet spot in an uncertainty-ridden backdrop of energy investment in the North Sea?
Coming to grips with security risks: Germany backs project for keeping critical subsea infrastructure out of harm’s way
Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.
Interview: North Sea at the heart of Europe’s CCUS efforts with power generation woven into its fabric
The North Sea offers hope that Europe can stay afloat in the coming years and tackle climate change woes by drinking from the well of an ever-growing palette of low-carbon and clean energy sources to quench the net zero thirst with carbon capture utilization and storage (CCUS) as the keystone of gre
Canada’s crackdown on greenwashing: ‘Gag order’ for oil & gas industry’s climate action or greater transparency?
Canada has now tightened the reins on environmental stewardship with a bill that brings multimillion-dollar fines and jail time into play for those prone to bragging about climate action they cannot back up.
LNG permitting freeze in court-imposed meltdown mode: Game over for ‘epiphany of ideocracy’ or more fierce US energy battles?
A preliminary injunction from a court in Louisiana has broken a temporary lull in approvals of U.S. liquefied natural gas (LNG) exports to non-free trade agreement (FTA) countries, widening the gap between Big Oil supporters and fossil fuel fighters while the case plays out.
Interview with Bureau Veritas: US LNG permitting freeze could unleash upsurge in renewables and hydrogen
two representatives from Bureau Veritas have provided their take on the current energy trends, highlighting that renewables and hydrogen are positioned to reap the benefits from the recent U.S. liquefied natural gas (LNG) permitting pause.
Opinion: Can wind propulsion weather the approaching perfect storm?
This article is written by Gavin Allwright, Secretary General – International Windship Association When taking time to reflect on the past year, I would argue that 2023 was the year in which our industry took the gloves off and got down to business when it came to decarbonization. At COP28 in Decemb