5404 results found for 'prosafe'

5404 results found for 'prosafe'
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  • Floating wind turbines: A promising start

    11 October 2012

    The bulk of the current plans for European offshore wind power are intended for construction in the relatively shallow North Sea. However, many European countries, including Portugal, do not border shallow seas. Their sea beds have steep descending slopes and much greater water depths not suited for current techniques. If a viable technique can be […]

  • Fearnleys Shows Slight Market Recovery

    25 April 2014
    Business & Finance

    Over the last week, 62 firm newbuilding orders have been reported, according to Fearnleys. Optional vessels are being declared in all segments as newbuilding prices are still firming. Vogemann has declared their option for another 4 Newcastlemax vessels from JES. Price reported to 53 mill USD, which is about 4 mill USD below current price level at […]

  • US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG

    4 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Given the worldwide spike in total demand for natural gas, Houston-headquartered NextDecade is contemplating further capacity expansion of its liquefied natural gas (LNG) export terminal at the Port of Brownsville, Texas.

  • DCV AEGIR: A State-of-the-Art Workhorse

    19 November 2013

    It is always good when a ship’s owner secures a contract for the use of the vessel before it comes into service. Usually this happens towards the later stages of the build of the vessel. It is indeed unusual for a vessel to have two contracts for its use secured before the detailed design is […]

  • Multi-Rotor Turbines

    11 May 2020
    Innovation

    The idea of large-scale multi-rotor turbines with two or more rotors atop a single support structure has inspired inventors since the 1920s. Current renewed interest in multi-rotor technology has a strong focus within large-scale offshore. Innovative product announcements and developments up until 2017 cover especially horizontal-axis turbines for bottom-fixed foundations as well as floating wind […]

  • 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?

  • $18.4 billion gas project’s life on the line – Court ruling poses a threat to US LNG infrastructure buildout, developer says

    11 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    A court ruling is said to have put a liquefied natural gas (LNG) export project at Texas’ Port of Brownsville in danger by revoking the reauthorization granted by the Federal Energy Regulatory Commission (FERC).

  • COP28: Will a magic wand sweep away oil, gas, and LNG in favor of green agenda?

    11 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Project & Tenders, Regulation & Policy, Technology, Transition

    As a battle over fossil fuel language continues to rage, the pressure is not letting up on demands to phase out fossil fuels.

  • Interview: Shaping up UK’s gas infrastructure to get it ready for hydrogen bonanza

    19 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Exploration & Production, Innovation, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    Can hydrogen overcome the obstacles in its path to show it is the real deal in the fight against climate change?

  • Biden vs Trump: Will energy policy or tectonic shifts in democracy and geopolitics decide winner of potential 2024 showdown?

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

    Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?

  • SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

    6 January 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition

    With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be within its target domain, as rising global energy demand, especially within the oil and gas arena, continues to loosen the purse strings, paving the way for smooth FPSO project financing.

  • Turbulent waters: Covid-19 and offshore construction

    16 April 2020
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    The article delves into legal intricacies of declaring force majeure events on existing offshore construction contracts in case of delays caused by the coronavirus pandemic as well as key points to consider when entering new contracts.

  • UK’s oil & gas windfall tax hike – Coup de grace or boon for North Sea jobs and upstream investment?

    5 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    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?

  • Exmar Picks Ecospeed to Coat Caribbean FLNG

    6 February 2014

    In order to tap into Colombian stranded gas reserves, Pacific Rubiales Energy Corporation and EXMAR nv have partnered in a project to build and operate a floating LNG liquefaction, and storage unit, the Caribbean FLNG, which will be stationed at a jetty several kilometers off the Caribbean coast of Colombia for at least 15 years. […]

  • Coming to grips with security risks: Germany backs project for keeping critical subsea infrastructure out of harm’s way

    1 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Regulation & Policy, Safety, Technology, Transition

    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.

  • The Poseidon Principles: Can they accelerate the transition to greener vessels?

    22 July 2020
    Business & Finance, Transition

    Shipping is a capital-intensive industry. However, over the past few years, the availability of capital within the sector has shrunk considerably as western banks cut their exposure to the market after struggling with bad shipping loans. Too many regulations, especially those targeting environmental issues and climate change, have made shipping finance rather complex and unattractive […]

  • COSL Innovator: Learning from the accident, making sure it never happens again

    17 October 2016
    Exploration & Production

    October 17, 2016 – Waves are like snowflakes, and no two snowflakes are alike…

  • Legal quagmire of US offshore oil & gas drilling: Trump’s ban reversal vow clashes with ‘uphill battle’ pledges

    10 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    U.S. President-elect Donald Trump has vowed to undo the offshore drilling ban, sparking a backlash from climate activists, who threaten to take the new Trump administration to court if it attempts to unravel these ocean protections.

  • COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?

    13 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

  • Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal?

    25 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Environment, Regulation & Policy, Transition

    As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pursuit of so-called green gas and how the business case for carbon units is shunned by some and welcomed by others.

  • Harnessing cutting-edge technologies to shape next-generation FPSO future

    2 January 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, Market Outlooks, Project & Tenders, Research & Development, Technology, Transition

    While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.

  • COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

    24 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Transition

    COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

  • America and UK put two Russian oil majors on blacklist, as US sanctions spree spreads to 183 ‘shadow fleet’ vessels

    13 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    The latest raft of sanctions, which comes from the United States (U.S.) and the United Kingdom (UK), targets Russia’s energy sector by focusing on two giant Russian oil producers alongside means of enabling crude oil production and exports.

  • USA: Schlumberger Reports Growth in Third-Quarter Revenues

    19 October 2012
    Business & Finance, Operations & Maintenance

    Schlumberger Limited today reported third-quarter 2012 revenue of $10.61 billion versus $10.45 billion in the second quarter of 2012, and $9.55 billion in the third quarter of 2011. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.44 billion—an increase of 3% sequentially and 10% year-on-year. Diluted earnings-per-share from continuing operations, excluding […]

  • Exclusive interview: Velesto going after three Ds – Digitalization, decarbonization, and diversification for enhanced drilling and oil & gas era

    4 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential deepwater plays through lease agreements.