Search results for: GTT

A list of search results

• US politicians introduce Renewable Fuel for Ocean-Going Vessels Act

  

  11 December 2023

  Authorities & Government, Environment, Rules & Regulation

  U.S. Representatives Mariannette Miller-Meeks (IA-01) and John Garamendi (CA-08) introduced the Renewable Fuel for Ocean-Going Vessels Act, legislation that would allow companies to preserve RIN credits under the Renewable Fuel Standard (RFS) for renewable fuel used for ocean-going vessels.

• Six more Gulf of Mexico fields join US oil & gas firm’s portfolio

  

  23 January 2024

  Business & Finance, Business Developments & Projects, Exploration & Production

  W&T Offshore has completed the acquisition of six shallow water fields in the Gulf of Mexico (GOM) for a final purchase price of $72 million.

• Technip Energies: Global deployment of CCS needed in all sectors as ‘essential’ piece of decarbonization puzzle

  

  21 November 2023

  Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

  Which steps need to be taken to enhance the viability of CCUS as a decarbonization tool in the energy transition arsenal?

• SRC Group gets LR’s approval for retrofit methanol storage solution

  

  3 October 2023

  Certification & Classification, Equipment, Regulation & Policy, Storage, Technology

  Global solution provider SRC Group has received Approval in Principle (AiP) from Lloyd’s Register (LR) for Methanol Superstorage, a new and space-efficient retrofit methanol storage solution.

• Woodside all set for ops at Australian gas project

  

  2 January 2024

  Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

  Woodside has received a stamp of approval for an environment plan, covering seabed intervention and trunkline installation off Australia.

• Woodside eyes more drilling off Australia

  

  1 January 2024

  Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy

  Woodside has submitted an environment plan (EP) for drilling and subsea installation activities off the coast of Australia.

• Shell’s new projects benefiting from ABL’s ‘one-stop solution’ for asset management

  

  9 February 2024

  Business & Finance, Business Developments & Projects, IT & Software, Project & Tenders

  Shell is set on employing a cloud-based master data build and optimization software from ABL across various new projects to achieve asset management efficiencies.

• BP, QatarEnergy, and Eni get their hands on new exploration block off Egypt

  

  5 October 2023

  Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

  A consortium – comprising Qatar’s QatarEnergy, the UK’s BP, and Italy’s Eni – has been awarded a new exploration block offshore Egypt. 

• TotalEnergies boosts its stake in Namibian oil discovery with acquisition of more interests in two offshore blocks

  

  10 January 2024

  Business & Finance, Business Developments & Projects

  TotalEnergies has inked an agreement with Impact Oil and Gas Namibia to get its hands on additional interests in two blocks located offshore Namibia.

• Dutch player wraps up ‘masterpiece in offshore lifting’ with derrick removal ahead of platform conversion

  

  5 December 2023

  Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders

  Wagenborg Foxdrill has finished with an offshore lifting project, which entailed derrick removal for Perenco’s platform repurposing project.

• All European countries need to grow at the same time through hydrogen value chain

  

  14 February 2024

  Business Developments & Projects, Collaboration, Project & Tenders, Technology

  During Offshore Energy Exhibition & Conference 2023 (OEEC), Alice Krekt, the Director of NLHydrogen talked about hydrogen, emphasizing that all the countries in Europe need to grow at the same time through the hydrogen value chain, “at least for mobility, for the level playing field, for the industry”.

• US in prime position to be the driving force behind Africa’s LNG and FLNG boom

  

  1 March 2024

  Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

  The U.S. is poised to take the lead on the expansion of liquefied natural gas (LNG) and floating LNG (FLNG) projects in Africa.

• Green innovations usher renewable energy revolution

  

  16 February 2024

  Innovation

  The Offshore Energy Exhibition & Conference 2023 (OEEC 2023) was a great opportunity to get to know innovators and their innovative solutions from the offshore energy realm.

• In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

  

  17 November 2023

  Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

  This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

• EU ETS and FuelEU Maritime to close price gap between green and fossil fuels, report finds

  

  21 March 2024

  Market Outlooks, Outlook & Strategy, Transition

  Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a new report launched by Finnish technology group Wärtsilä.

• UMAS: Early movers are vital in setting up a zero-emissions shipping market

  

  27 December 2023

  Outlook & Strategy, Transition

  There will be a range of costs expected from switching to zero-emission containerships in deep-sea and coastal routes, a recent report from UMAS finds.

• Floating solar market will be as big as onshore solar sector, says Oceans of Energy CEO

  

  15 January 2024

  Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

  The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]

• Fresh oil, gas, and drilling plays shape global energy ecosystem

  

  12 February 2024

  Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

  This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

• US oil & gas firm expanding its Gulf of Mexico footprint with $1.29 billion acquisition

  

  16 January 2024

  Business & Finance, Business Developments & Projects, Exploration & Production

  Houston-based Talos Energy has set the wheels into motion to get its hands on QuarterNorth Energy, a privately-held U.S. Gulf of Mexico firm.

• Strengthening of Qatar-China energy ties entrenches gas as ‘central component’ in journey to sustainable future

  

  6 November 2023

  Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

  A recent deal between Qatar’s QatarEnergy and China’s Sinopec bolsters hopes that gas and LNG will power the energy transition engine.

• Acteon: Breathing new life into floating wind farms using digital response twin

  

  13 December 2023

  Business Developments & Projects, Innovation, Technology

  By using new technologies such as digital response twin, one of the tools developed and used successfully in the oil and gas sector, we can extend the life of floating wind farms, Tim Eyles, Vice President of UK-based company Acteon revealed.

• 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.

• Interview: With new oil & gas horizons calling, will the North Sea hold sway over its existing rig fleet?

  

  16 February 2024

  Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

  This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

• CMA CGM opts for Wärtsilä’s FGSS systems for 23K TEU boxship quartet

  

  31 August 2023

  Equipment

  Finnish technology group Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 23,000 TEU containerships being built for France-based shipping giant CMA CGM at the Hudong Zhonghua Shipbuilding yard in China. 

• Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’

  

  2 November 2023

  Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Project & Tenders

  Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.