Market outlooks - Offshore Energy

4 days ago

ACCC: low oil and LNG prices hike medium, long-term supply risk

The onset of the COVID-19 pandemic in early 2020 saw the collapse of oil and gas prices to record lo...

4 days ago

long read

10 days ago

Rystad Energy: Giant Tuna-1 discovery could save Turkey $21 billion

If Turkey develops the giant Tuna-1 (Danube-1) gas discovery, it could potentially save the country ...

10 days ago

long read

11 days ago

Premium

Oil & gas after 2020: Will the latest downturn lead to permanent transformation?

Following its third price collapse in 12 years, the oil and gas industry might be facing a period of...

11 days ago

Rystad: Europe could invest $35 billion in CCS by 2035

After many years of expensive carbon capture and storage (CCS) studies and test centres, Europe has ...

11 days ago

12 days ago

CMA CGM boosts profitability despite volume slowdown

During the second quarter of this year, French container shipping major CMA CGM improved profitabili...

12 days ago

long read

16 days ago

UK: OGA offers offshore blocks to 65 firms as gov’t launches review into future licensing regime

The UK’s Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks o...

16 days ago

Japanese trio starts R&D for practical application of ammonia-fuelled tug

Japanese shipping company NYK Line, classification society ClassNK and power systems provider IHI Po...

16 days ago

17 days ago

WoodMac: LNG regas capacity under construction at 10-year high

The global LNG regasification capacity under construction could hit 144 million tonnes per annum in ...

17 days ago

22 days ago

Taiwan to become second largest APAC offshore wind market

By 2035, Taiwan will become the largest offshore wind market in the Asia-Pacific (APAC) region after...

22 days ago

23 days ago

World gets 2.5 GW of offshore wind in first half of 2020

Globally, 2,535 MW of offshore wind was put into operation during the first half of the year, with o...

23 days ago

24 days ago

Quarter of world’s new offshore wind capacity to be in China

China, the UK, and the U.S. will be the main contributors to the new offshore wind capacity added gl...

24 days ago

26 days ago

Woodmac: Turkey’s Tuna-1 discovery could be transformational

A gas discovery of the scale of Turkey’s Tuna-1 find in the Black Sea, if developed, would be transf...

26 days ago

29 days ago

Performance Shipping exits containership sector with vessel sale

Greek shipowner Performance Shipping has become a pure play Aframax company as it disposed of the fi...

29 days ago

about 1 month ago

Norway: Tax relief to increase investments in oil and gas

A survey made by the Norwegian statistics bureau SSB revealed that oil and gas investment in Norway ...

about 1 month ago

DP World’s Unifeeder buys three Transworld Group businesses

Denmark-based shortsea operator Unifeeder A/S, part of Dubai-based port and terminal operator DP Wo...

about 1 month ago

COVID-19 could cost the shipping industry 40K jobs

The shipping industry could lose up to 40,000 jobs as more than 50% of the people in shipping lines ...

about 1 month ago

Vinalines transforms into joint-stock company, changes name to VIMC

Vietnam National Shipping Lines (Vinalines), a maritime services and logistics supplier in Vietnam, ...

about 1 month ago

Rystad: OFS industry to see lowest headcount in over a decade as Covid-19 pushes firms into cost-cutting mode

A Rystad Energy analysis of the top 50 OFS firms shows that staffing is set to reach its lowest leve...

about 1 month ago

Norden moves forward with fleet renewal

Acting on dry cargo asset opportunities, Danish shipping company Dampskibsselskabet Norden A/S has ...

about 1 month ago

Awilco exploring options to finance rig order at Keppel

Offshore drilling contractor Awilco Drilling is looking into ways to finance its remaining commitmen...

about 1 month ago

Archer Knight adds offshore wind to its market intelligence platform

Archer Knight has expanded its software-as-a-service market intelligence platform to include offshor...

about 1 month ago

US container imports to see lowest annual total in 4 years

Imports at major US retail container ports during 2020 are expected to see their lowest total in fou...

about 1 month ago

long read

about 1 month ago

Premium

Green energy transition: vital role of the oil & gas industry in achieving net-zero by 2050

A green energy transition will require the industry to make real progress in reducing its carbon foo...

about 1 month ago

NSRI develops commercialisation tool for subsea sector

The National Subsea Research Institute (NSRI) has developed a tool which provides a clear indication...

about 1 month ago

Chevron posts massive $8.3 billion loss

U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4....

about 1 month ago

ExxonMobil posts first consecutive quarterly losses since the mid-80s

Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a h...

about 1 month ago

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