Search results for: race bank

2156 results

A list of search results

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

    22 October 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

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

  • UK port set for revival with plans to recycle old rigs into foundations for floating wind farms

    2 December 2021
    Business & Finance, Business Developments & Projects, Environment, Transition

    UK’s Ardersier Port, which was one of the largest oil rig fabrication yards in the world, is now set to be transformed into Europe’s first fully circular energy transition facility.

  • Shell plans to invest millions to ‘help 15,000 people get skilled jobs’ in UK

    13 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Shell plans to increase its share of supply of oil and gas to the UK and invest £100 million by 2030 to help 15,000 people get skilled jobs.

  • ‘You’re in my spot!’ – BP and Ørsted’s UK saga continues as Hornsea Four DCO decision looms

    31 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage

    Grant Shapps, the UK Secretary of State for Business, Energy and Industrial Strategy (BEIS), has less than a month to sign off a decision on Ørsted’s Hornsea Four offshore wind farm, which might not be an easy task as the developer and BP are still at odds over an area where their offshore wind and carbon capture and storage (CCS) project sites overlap.

  • Two oil & gas firms close long-anticipated deal for sale of stake in field off Nigeria

    13 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    Panoro Energy has completed the sale of its interest in the Offshore Mining Lease no. 113 (OML 113) offshore Nigeria to Oslo-listed PetroNor.

  • In focus: Out with the oil, in with the new! Or is it?

    27 May 2022
    Outlook & Strategy, Transition

    The keyword in energy transition is transition, a process that often involves constant tweaking and going back and forth between the gains and benefits of the old, and the betterment that will come with the new. In the energy sector, this is reflected in the moves of governments, and developments and insights from within energy and energy-related sectors, no less over the past week than any other in the last couple of years.

  • ITF: Over 50 Palmali seafarers abandoned at sea

    19 February 2021
    Human Capital, Rules & Regulation, Vessels

    More than 50 seafarers remain trapped aboard vessels owned by a Palmali Group, which were put under the freeze, after its founder, Turkish billionaire Mübariz Mansimov Gurbanoğlu got arrested. The billionaire is accused by Turkish authorities of colluding with the leaders of a failed 2016 coup d’état against President Recep Tayyip Erdoğan’s regime. The International […]

  • UK to invest £20 million per year in tidal energy in ‘game-changing’ move for the sector

    24 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry.

  • USA: Corps Seeks Congress’ Approval for Savannah Dredging

    2 January 2013
    Business & Finance

    The Army Corps of Engineers is asking Congress to exempt a controversial harbor-dredging project in Savannah, GA, from state permitting requirements under the Clean Water Act (CWA) — a move that would short-circuit contentious litigation over the permits, and bar EPA from vetoing them. It is the Corps’ second move this year to exempt such […]

  • Shell gauging offshore wind opportunities in Brazil

    23 September 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    Following the news that Shell had launched Shell Energy in Brazil, saying that the business would produce and market clean electricity from solar and wind power plants, Offshore Energy – Offshore Wind contacted the company to find out if offshore wind was part of its wind power plans in the country.

  • Circular FPSO in Norway and reuse in UK as Equinor moves ahead with new projects

    17 June 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition, Vessels

    Norwegian energy major Equinor has made progress with two of its offshore project developments located offshore Norway and the UK.

  • Restoration Project in Jamaica Bay Moves Ahead (USA)

    5 March 2012

      The U.S. Army Corps of Engineers, New York District is leading an ambitious effort to restore the Yellow Bar Hassock Marsh Islands, in Jamaica Bay, N.Y. The project addresses the vanishing marsh islands by beneficially using clean sand from the New York-New Jersey Harbor deepening project to restore marsh habitat in the Bay. Approximately […]

  • INTERVIEW: Very Busy 2016 for Waterking

    29 December 2016
    Business & Finance, Equipment, Technology

    Waterking, a Dutch company involved in the production of amphibious excavators, has reported a very busy 2016, filled with lots of activities and accomplishments. Enough reasons for Dredging Today to catch up with Mrs Ageeth Roelofs from Waterking to review the business highlights from 2016 and discuss the impact they project for 2017. DT: How has 2016 […]

  • Oil & gas after 2020: Will the latest downturn lead to permanent transformation?

    8 September 2020
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Following its third price collapse in 12 years, the oil and gas industry may be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it seems the recovery might look a bit different from the ones before.

  • USA: GLDD Reports Third Quarter Results

    1 November 2011
    Business & Finance

      Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the quarter and nine months ended September 30, 2011. Commentary Chief Executive Officer Jonathan Berger said, “We were very pleased with […]

  • Digital transformation ‘paramount’ for Africa to reap the benefits of oil & gas boom

    8 May 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Human Capital, Innovation, IT & Software, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition

    Africa is lagging behind in its digital uptake, which is putting at risk its ambition to become a gas-powered economy by 2030.

  • ExxonMobil eyes Houston for $100 billion carbon capture plan

    26 April 2021
    Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Transition, Vision

    U.S. supermajor ExxonMobil has announced its vision for a massive $100 billion carbon capture and storage (CCS) project which it believes will be critical to meeting Paris Agreement emission-reducing goals.

  • Three pathways to decarbonization of shipping

    16 April 2020
    Outlook & Strategy, Research & Development, Transition

    There are three potential fuel pathways toward developing zero-emission vessels and decarbonizing the future of shipping, according to ABS. The US-based classification society just released the 2020 Setting the Course to Low-Carbon Shipping — Pathways to Sustainable Shipping outlook, which maps out the path toward decarbonization goals of the global fleet. The three fuel pathways […]

  • How likely is the divorce from gas, as the emerging love affair with hydrogen stakes its claim?

    3 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Calls for replacing natural gas with hydrogen are gaining ground, but many still see gas as a major player in propelling the energy transition.

  • DredgingToday.com Podcast: Global Dredging Perspective

    17 August 2016
    Business & Finance, Equipment, Technology

    Welcome to the second DredgingToday.com Podcast, with our host Rosie Moth of RedMeters.com.  In this episode we will be discussing the global dredging perspective with the Secretary General of the International Association of Dredging Companies, Rene Kolman, and Technical Consultant Murray Leach. The problems that are facing dredging on a global scale, ‘environmental and sustainability issues’ as one of the major obstacles in dredging, the Jones Act in the USA, dredging regulations, etc, are just some of the topics covered in this edition of […]

  • What is the meaning of licence extension for controversial Cambo project in UK?

    31 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Rules & Regulation, Transition

    Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.

  • EA Urges Businesses to Prepare for Future Flooding (UK)

    25 November 2013
    Business & Finance

    One year on from some of the worst flooding in 2012, latest research by the Environment Agency reveals that last year’s record-breaking wet year in England could have cost the UK economy close to £600million. The overall financial cost to businesses of the extreme weather was up to £200m as total commercial property and contents […]

  • Will Chevron’s Noble Energy swoop trigger a wave of M&A deals in oil & gas sector?

    21 July 2020
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    What will happen next in the upstream M&A and what direction will it take? Is now the time to go on the first buying spree after the COVID-19 outbreak and get the high-value goods at a bargain price? Chevron might agree.

  • EU-SCORES: Win-wins of offshore energy multi-use parks

    21 February 2023
    Business Developments & Projects, Collaboration, Equipment, Infrastructure, Market Outlooks, Outlook & Strategy, Research & Development, Technology, Transition

    The Dutch Marine Energy Centre (DMEC) and the EU-SCORES project partners have recently held a two-day stakeholder engagement event on energy multi-use parks at the Marine Energy Hub in the Hague, spotlighting the benefits of combining different offshore renewable energy sources at one site.

  • Controversial Bay du Nord oil project awaits outcome of court challenge

    16 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Equinor spent two days in court two weeks ago, tackling the court scrutiny over the development of its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador, as Ecojustice set out to overturn the government’s approval for this $12-billion project. The outcome of this challenge and its impact on the project will be known once the court’s decision is revealed.