Business & Finance

What will the new year bring to the oil & gas industry?
While 2022 was marked by a global energy crisis and price volatility, 2023 is still uncharted territory for the oil and gas industry.

‘Large’ multi-client survey to keep PGS busy well into 2024
Norway’s seismic company PGS has secured industry pre-funding for what it describes is a “large” MultiClient survey in the Norwegian Sea. The survey will be acquired by a Ramform Titan-class vessel over two seasons, with mobilization for the first season expected in the second quarter of 2023. Accor

Breathing new life into oil rigs
While the oil & gas infrastructure needs to be retired at the end of service life, does this have to be the end for these giant beasts?

Inpex invests in Dutch carbon capture technology startup
Japan’s oil and gas producer Inpex has invested in CarbonOrO Holding, a Dutch startup developing a carbon dioxide capture technology expected to reduce cost by enabling the capture and desorption of carbon dioxide mainly contained in the industrial exhaust gas at lower temperatures and higher pressu

Dutch wave energy company attracts new investors
Netherlands-based Symphony Wave Power has secured new funding and investor support to further advance its wave energy technology.

Most read stories on Green Marine in 2022
As we enter a new year, it is time for us to have a look back at the most-read stories from the past year. 2022 has been a rather turbulent year in many respects. As the world started to emerge from the COVID-19 pandemic, another black swan event rocked the shipping markets to the core, […]

Round up: Offshore oil & gas contractors’ top deals in 2022
Among the top deals, which have been awarded in 2022 are the ones secured by the U.S.-based McDermott and Italy’s Saipem.

2022 is a wrap: Highlights from the offshore energy industry
In the wake of Russia’s war in Ukraine, the offshore energy industry was thrown for a loop, which resulted in price volatility.

Readers’ picks: Most attractive subsea topics in 2022
Looking back, 2022 was a pretty active year in the (offshore) energy sector. A good deal of this might be because COVID-19 has stopped being an obstacle to everyday life, but what seems to be for sure is that energy security and energy crisis-related topics stole most of our attention. Below we brin

Spain launches €240 million call for marine renewable energy pilots and infrastructure development
The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has opened a €240 million call for the development of marine renewable energy pilot projects, test platforms and associated infrastructure.

While ExxonMobil takes legal action, European Commission claims oil & gas windfall tax ‘fully compliant with EU law’
ExxonMobil has filed a lawsuit against the European Commission’s proposed windfall tax on fossil fuel companies’ profits.

Re-evaluation and new discovery push Türkiye’s Black Sea natural gas reserves up
Türkiye’s natural gas reserves in the Black Sea have been increased, following a new gas discovery and an upward revision of a previous one.

Prosafe taking part in four tenders to win more work for its vessels
Offshore accommodation provider Prosafe is partaking in four ongoing tenders to secure more assignments for its fleet of vessels.

November brings lower oil & gas output for Norway
Norway’s oil and gas production fell behind the Norwegian Petroleum Directorate’s predictions in November 2022.