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Shipping industry can cut emissions by progressive adoption of green steel, analysis shows
Nearly 800MtCO2 can be reduced by progressively switching to steel with lower embodied CO₂ emissions, equivalent to one year of international shipping’s operational emissions, a new analysis by UMAS and Lloyd’s Register Maritime Decarbonisation Hub shows.
Shell ready to embark on seabed survey activities at natural gas field
Shell has tucked a green light for its environment plan (EP) under its belt for a seabed survey on the Crux natural gas field off Australia.
Events in the subsea sector that marked 2023
As we gradually shift our focus on the new year and on what lies ahead in the offshore energy industry in 2024, let’s give a last look to 2023 to pay tribute to this very eventful year. Unfortunately, the year was marked with a number of dark events, with the Balticconnector offshore gas pipeline in
Woodside all set for ops at Australian gas project
Woodside has received a stamp of approval for an environment plan, covering seabed intervention and trunkline installation off Australia.
SHI suspends construction of blocks for Zvezda’s Arctic LNG carriers
South Korean shipbuilder Samsung Heavy Industries (SHI) has ceased the production of blocks and equipment for 10 out of the 15 Arctic LNG carriers contracted with Zvezda, Reuters reported. While Samsung has been delivering these components for five of the vessels to Zvezda, following approval from t
DIMATE’s tech to enhance inspection processes, hydrogen industry in focus
Software technology company DIMATE is making its way into the clean energy services industry, including carbon capture and hydrogen, with its PACS (picture archiving and communication system) solution for end-to-end digitization of test processes on safety-relevant components with integration into c
Beach Energy secures the go-ahead to bring two more gas wells on stream
Beach Energy has received the green light for a revised environment plan, entailing subsea installation and commissioning off Australia.
Mergers and acquisitions: Blockbuster oil & gas market consolidation moves in 2023
The oil and gas industry become a hotspot for multi-billion mergers and acquisitions in 2023 while hinting at further consolidation in the fossil fuel machinery.
Another FPSO put into operation on Petrobras’ third largest oil field off Brazil
Petrobras has kicked off production from an FPSO vessel at its giant oil field in the pre-salt area of the Santos Basin offshore Brazil.
Energy outlook: Is gas and LNG growth freeze on the cards in 2024?
Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
2023 state of energy in review: Gas and green shift as centerpieces of future mix
Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.
Green light for Inpex to carry out site surveys and drilling activities for CCS project off Australia
Inpex has received a seal of approval for an environment plan (EP), covering pre-drill site surveys, and drilling and evaluation ops off the coast of Australia.
Woodside eyes more drilling off Australia
Woodside has submitted an environment plan (EP) for drilling and subsea installation activities off the coast of Australia.
Maersk’s security team fires back on Houthi in Red Sea, thwarts boarding, prompting another operational pause
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 n