Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.
API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.
Norway’s H2Carrier and Statkraft have entered into a Memorandum of Understanding regarding a study for the possible use of H2Carrier’s green ammonia floating production vessel, the P2XFloater™, on certain offshore wind locations. The P2XFloater™ will utilize renewable power to produce green hydrogen
As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.
With the global energy crisis unfolding and energy prices soaring, governments and companies are ramping up investments in renewables, energy efficiency and clean technologies.
A study, undertaken to assess potential routes for electrification of oil and gas platforms, has found four options to make this happen.
Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.
Vermilion Energy and Nephin Energy are looking into the feasibility of a renewable energy hub at the existing Corrib gas field offshore Ireland.
The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.
Neptune Energy has joined forces with Horisont Energi for the development of a large-scale carbon capture and storage project in Norway.
Jersey-based maritime leasing platform Neptune Maritime Leasing Limited has joined the United Nations Global Compact, the largest corporate sustainable development initiative in the world, a voluntary leadership platform for the development, implementation and disclosure of responsible business prac
As global CCUS capacity is nearing 1 billion tonnes per annum, Wood Mackenzie believes that more is needed to meet net-zero goals by 2050.
Norway’s gas can enable Europe to achieve its energy transition goals, says the NPD, but investments in unlocking new resources are needed.
Towage operator Svitzer, part of A.P. Moller-Maersk, has announced that its ‘Aim for 8’ speed initiative – which asks tug crews to navigate at a maximum speed of eight knots during mobilisation and demobilisation – has successfully prevented 1,000 tonnes of CO2 from being emitted into the atmosphere
