Search results for: north star

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  • Welsh renewables organizations strengthen ties

    8 November 2023
    Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Marine Energy Wales and Renewable UK Cymru have signed a memorandum of understanding, outlining their commitment to work together to accelerate the clean transition in Wales.

  • Sharp fall in gas prices brings Eni slump in profit

    24 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    With natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year.

  • Tow master selected for Brazil-bound FPSO destined for Petrobras’ giant oil field

    28 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    ABL has been picked as tow master to support and supervise the towage of an FPSO vessel from Yantai, China, to Brazilian waters.

  • TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

    14 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

  • As UK pledges more oil & gas licensing opportunities, calls emerge to supercharge renewables instead

    7 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    Britain’s government is putting the wheels into motion to embrace more hydrocarbons with open arms by opening new licensing opportunities to ensure energy security while hoping to unlock more green investments in the process.

  • Türkiye holds LNG supply talks with ExxonMobil while setting the stage to search for oil in Black Sea

    29 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.

  • The clean energy pursuit: Speeding up build-out while continuing to innovate

    15 November 2023
    Innovation, Research & Development, Transition

    With an “all of the above” task in its hands, the offshore energy industry has found itself working on innovative and more efficient solutions and nature-inclusive projects, while at the same time trying to build as many new clean energy projects as possible to meet the targets.  

  • Italy’s Saipem gives out €300 million contract to compatriot company

    26 October 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Italy’s Rosetti Marino has secured an engineering, procurement and construction (EPC) contract, said to be worth more than €300 million, with compatriot Saipem for work offshore Libya. Under the contract, Rosetti Marino is in charge of the construction of a gas recovery module (GRM) of approximately 5,000 tonnes which will be installed on the DP4 […]

  • Empowering Asian energy industry with Philippines’ first integrated LNG facility

    5 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders, Transition

    Three players are setting in motion the Philippines’ first integrated liquefied natural gas (LNG) facility in Batangas.

  • Interview: Moroccan start-up set to transform power supply of ports with wave energy

    13 December 2023
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    Born from the vision of two engineers, the Moroccan start-up Advanced Third Age Renewable Energies Company (ATAREC) has set its sights on exploiting the vast wave energy potential that exists around port breakwaters and other infrastructures exposed to sea, with its full-scale demonstrator already deployed and operating at the Port of Tanger-Med – one of the largest ports in Africa and the Mediterranean Sea.

  • Netherlands starts construction of national hydrogen network

    31 October 2023
    Authorities & Government, Business Developments & Projects, Infrastructure, Outlook & Strategy, Regulation & Policy

    The King of the Netherlands Willem-Alexander has performed the official ceremony to start work on the construction of a national hydrogen network in the Netherlands. The ceremony took place on Friday, October 27, 2023, on the building site of Gasunie subsidiary Hynetwork Services in the port of Rotterdam, where the contractor Visser & Smit Hanab […]

  • Australia’s oil & gas industry throws its support behind calls to cut taxpayer funding for activist group

    30 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    Many have publicly denounced their support for a taxpayer-funded NGO that takes legal action over climate change and environmental issues.

  • Maersk’s security team fires back on Houthi in Red Sea, thwarts boarding, prompting another operational pause

    31 December 2023
    Business Developments & Projects, Green Marine, Regulation & Policy, Safety, Vessels

    Just days after announcing its gradual return to the Red Sea, global cargo shipping giant Maersk finds itself at the center of escalating tensions as its vessel, the Maersk Hangzhou, becomes the target of a missile and small boat swarm by Yemen’s Houthi Group. The assault occurred approximately 55 nautical miles southwest of Al Hodeidah, […]

  • Saipem scores $1.9 billion contract wins offshore Guyana and Brazil

    29 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil and Equinor.

  • Multiple drilling ops on Canadian oil & gas firm’s agenda for 2024

    18 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Valeura Energy has outlined its plans for 2024, which entail a drilling program across multiple offshore fields in the Gulf of Thailand to boost production.

  • Trendsetter delivers subsea equipment for Woodside in Gulf of Mexico

    26 October 2023
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Texas-based oil and gas services company Trendsetter Engineering has completed the delivery of subsea equipment for Woodside Energy’s field in the Gulf of Mexico, recently brought on stream. Under the contract secured in 2021, the Houston-headquartered company delivered two subsea manifolds, two high integrity pressure protection systems (HIPPS), along with TCS clamp connectors to Woodside […]

  • ExxonMobil, Chevron set sights on more oil & gas along with low-carbon and new energies

    7 December 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    ExxonMobil and Chevron have disclosed their capital investment expectations, encompassing oil and gas plays along with emission-reduction solutions.

  • Woodside contributes to Australia’s gas strategy consultation to tackle offshore regulatory gridlock

    17 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The Australian government’s consultation paper aims to come to grips with a brewing cauldron of uncertainty surrounding the offshore regulatory approvals system.

  • Navigating the new normal: Vessel rerouting spurs higher emissions as ships avoid the Red Sea

    22 December 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Vessels

    In recent weeks, the Red Sea has become the epicenter of heightened tensions as Yemen’s Houthi group escalated their attacks on commercial vessels, sending shockwaves throughout the maritime industry. Germany’s Hapag-Lloyd and Hong Kong’s OOCL joined on Thursday numerous shipping companies, including Maersk, MSC as well as oil major BP, in announcing that they would […]

  • ‘World’s 1st’ ammonia-powered containership set to debut in 2026, Yara says

    2 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Yara Eyde, which has been described as the world’s first containership to be powered by pure ammonia as fuel, is scheduled to enter the market in 2026, according to its developers. The vessel is being developed by ammonia producer and shipowner Yara Clean Ammonia and the Norwegian container operator NorthSea Container Line. Namely, the duo plans […]

  • MEPC 81: Lion’s share of countries throw support behind global GHG price for shipping

    22 March 2024
    Regulation & Policy, Rules & Regulation

    As this week’s meeting of the International Maritime Organization’s Marine Environment Protection Committee (MEPC 81) winds down, a clear majority of developed and developing countries have supported a global greenhouse gas (GHG) price for shipping.

  • Energy outlook: Is gas and LNG growth freeze on the cards in 2024?

    1 January 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.

  • 14 methanol-powered ships ordered in October

    3 November 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    A total of 14 orders for methanol-powered ships were recorded in October as demand for alternative fuels in the maritime industry continues to rise in line with the ever-stringent regulatory landscape, data from DNV’s Alternative Fuel Insights (AFI) database shows. Some of the most recent orders saw Norwegian shipping and logistic company Wallenius Wilhelmsen signing […]

  • EnergyQuest: What’s in store for Australia’s gas industry?

    9 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Transition

    EnergyQuest has provided its take on Australia’s gas outlook, shedding more light on what awaits the country in the future.

  • Türkiye’s new energy efficiency roadmap envisions $20 billion investment by 2030

    10 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Türkiye is pulling out all the stops to fortify its energy security, including new energy efficiency roadmap and action plan.