Search results for: race bank

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  • Belgium: WODCON XX Attracts Massive Numbers of Participants

    3 July 2013
    Business & Finance, Equipment, Technology

    The 20th edition of the World Dredging Congress and Exhibition, also known as WODCON, took place on 3-7 June 2013 at the Square – Brussels Meeting Center in Brussels, Belgium. It was organised by CEDA one of the constituent associations of the World Organisation of Dredging Associations, WODA. During 4 days delegates could meet with […]

  • Maersk CEO: LNG won’t play a big role for us as a transition fuel

    19 November 2020
    Business & Finance, Environment, Outlook & Strategy, Transition, Vessels

    The world’s largest container shipping company Maersk is likely to opt for a zero-emission alternative to fossil fuels rather than choosing LNG as a bridging fuel for the company’s fleet. “We don’t believe that LNG will play a big role for us as a transition fuel, because it is still a fossil fuel and we […]

  • In focus: Time to part ways with old habits

    25 June 2021
    Business & Finance, Environment, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Old habits die hard. Hence, it may be a lot more difficult for the offshore energy industry and the maritime sector to make peace with the transition they have to undergo and renounce previous business practices. The message was echoed in this week’s protest of Greenpeace environmental activists, who chained themselves in front of the […]

  • DNV GL: We haven’t seen any serious incidents involving scrubbers

    27 May 2020
    Equipment, Rules & Regulation, Vessels

    Exhaust gas cleaning systems, better known as scrubbers, have been under the spotlight in the shipping industry for a few years now, as owners debated the pros and cons of their installation. One of the most compelling drivers behind the installation of the technology as a means of cutting sulphur emissions was a quick return […]

  • UK sets out plans to ramp up oil & gas production and unveils energy price freeze

    9 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    To tackle the energy crisis, the UK has revealed a set of measures, which will be undertaken to boost domestic oil and gas production.

  • In focus: Tackling energy trilemma with oil & gas industry calling the shots

    3 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

  • Council OKs Study Into New Beach Protection Measures (USA)

    11 April 2013
    Business & Finance

    The Avalon Bor­ough Coun­cil voted unan­i­mously on Wednes­day evening, April 10th, to approve a new study that will exam­ine fea­si­bil­ity of a groin field and other pro­tec­tive mea­sures that would pro­vide greater resiliency for the Bor­ough during future coastal storm events. The res­o­lu­tion to award the con­tract for the study was approved by a unan­i­mous […]

  • WoodMac: Asia reshaped LNG market within a year

    23 April 2021
    Market Outlooks, Outlook & Strategy

    During the year in which the effects of the Coronavirus pandemic were felt across the globe, creating a worst economic situation since the great depression, Asian LNG markets have shown great resilience.

  • LNG carriers drive Panama Canal’s growth in FY21

    1 November 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Vessels

    The Panama Canal closed its fiscal year 2021 with a record-breaking annual tonnage of 516.7 million Panama Canal tons (PC/UMS), coming in 8.7% higher compared to the 2020 fiscal year and 10% above tonnage registered in FY19, the waterway’s last pre-pandemic fiscal year.

  • Army Corps’ Oldest Dredger Still Going Strong

    14 January 2015
    Business & Finance, Equipment, Technology

    The Corps oldest dredge wrapped up another successful dredging season on the Middle Mississippi, January 8. The U.S. Army Corps of Engineers St. Louis District’s Dredger Potter, built in 1932 during the Great Depression did not let age stand in her way as she moved more than 3.2 million cubic yards of sediment this year […]

  • DNV: With mid-century targets out of range, UK requires ‘clear roadmap’ to reach net-zero

    7 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    DNV: As the UK is not on track to meet its mid-century targets, “a clear roadmap” needs to be set up to achieve net-zero by 2050.

  • Low-carbon investments set to hit $620 billion in 2023, Rystad says

    13 January 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    While low-carbon investments overtook oil & gas spending for the first time in 2022, this growth is expected to slow in 2023, says Rystad.

  • Keeping renewable offshore energy in motion, non-stop

    25 October 2021

    Lubrication specialist TrustLube, with its pay-off ‘Keeping your world in motion.non-stop’ promises to provide the best solution for specific applications. Lubrication demands precision Too little lubrication and your equipment will wear faster or seize up. Either way the result is the same; increased downtime. This is always undesirable, but when the downtime is related to […]

  • Energy transition is a tale of collaboration

    9 November 2020
    Business Developments & Projects

    Energy transition will never be a one-sided affair with one industry excluding the other. the push to greener sources of energy is a collaborative effort of all the industries, with oil and gas still playing a major role in unlocking new industries and accelerating their development.

  • Go(ne)ing with the wind: 40 ships to have wind propulsion installed by the end of 2022

    1 July 2020
    Equipment, Innovation, Research & Development, Technology, Vessels

    Wind-assisted ship propulsion has immense potential for achieving fuel savings and cutting emissions. Even though it is not believed to be THE solution for full decarbonization of the industry and getting to net-zero, it has emerged as an intermediary step which, when combined with other available solutions like air bubbles, anti-fouling, and different software solutions […]

  • Drones flying off into brighter offshore future

    2 June 2020
    Business Developments & Projects, Outlook & Strategy, Technology, Vision

    With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.

  • Smooth sailing – Getting proactive on the big biofouling problem

    10 April 2020
    Infrastructure, Vessels

    Biofouling is, or should be seen as, public enemy number one when it comes to impacting on marine ecosystems and handicapping vessel performance worldwide.

  • Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

    5 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

  • In focus: UK gets the ball rolling on cutting emissions with net-zero strategy launch

    22 October 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Human Capital, Outlook & Strategy, Rules & Regulation, Technology, Transition

    Reports on efforts to decarbonise the oil & gas and the shipping sector continue to hit the headlines as the energy transition gathers speed.

  • Big oil to keep capital investment taps closed despite collecting $283 bln in 2022, says Westwood

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

    Westwood looks into the conundrum concerning the cashflow and capex of five supermajors: BP, Shell, Chevron, ExxonMobil and TotalEnergies.

  • First green hydrogen corridor between Algeciras and Rotterdam in the making

    12 October 2022
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Spanish oil and gas company Cepsa and the Dutch Port of Rotterdam have signed a memorandum of understanding (MoU) to establish the first green hydrogen corridor between southern and northern Europe, ensuring a green hydrogen supply chain between two of Europe’s main ports, Rotterdam and Algeciras.

  • BP sees profit surge while working to ‘accelerate greening’

    8 February 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    BP saw its profit surge in the last quarter of 2021 as a result of higher oil and gas prices, refining margins, and stronger trading results.

  • Court scrutiny underway for $12 billion oil & gas project off Canada

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

    The saga surrounding the development of a controversial Bay du Nord offshore oil project located in Canada continues with a court challenge.

  • Green light for controversial $12 billion Bay du Nord oil project

    7 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    After several delays, the government of Canada has approved the Equinor-operated Bay Du Nord offshore oil project.

  • Sustainable Marine drops Nova Scotia tidal energy project as federal government faces backlash over missed opportunity

    26 April 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Technology

    Sustainable Marine, a company that achieved an important milestone for Canada with a first-ever grid-connected floating tidal energy platform in Grand Passage, has decided to withdraw its application for the development of projects in the Bay of Fundy due to the lack of a transparent regulatory process for tidal energy industry.