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Market Outlooks

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Posted: over 3 years ago

Rystad: Peak oil to leave 282B bbls in the ground

In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak o...

Categories:
  • Market Outlooks
Posted: over 3 years ago
  • long read
Posted: over 3 years ago
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Container shipping: Defying the odds during the pandemic?

The massive consolidation drive in the container shipping market that dominated the narrative over t...

Categories:
  • Business & Finance
Posted: over 3 years ago
  • long read
Posted: over 3 years ago
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Paving the way for restructuring of offshore drilling market

There is a case to be made that the coronavirus crisis has been setting the stage for the restructur...

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  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago
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Shipshave: 1st hull cleaning system for big ships in transit

The idea of cleaning hulls of vessels in transit is now becoming a reality with the innovative syste...

Categories:
  • Innovation
Posted: over 3 years ago
  • long read
Posted: over 3 years ago
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OPEC extends output cuts

OPEC, Russia, and other oil producers agreed to extend their record oil production cuts of 9.7 milli...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago

European OW CAPEX to top upstream O&G in 2022

Capital expenditure (CAPEX) on offshore wind is expected to surpass upstream oil & gas spending ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

OREAC: 1.4 TW of offshore wind by 2050 achievable

1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential...

Categories:
  • Business & Finance
Posted: over 3 years ago
  • long read
Posted: over 3 years ago
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Floating solar takes on high seas

Offshore solar energy systems are an emerging application in which photovoltaic (PV) systems are ins...

Categories:
  • Technology
Posted: over 3 years ago
Posted: over 3 years ago

Drewry: A career at sea ever less attractive

The current officer shortfall to crew the global merchant fleet is forecast to widen amid reduced at...

Categories:
  • Vessels
Posted: over 3 years ago
Posted: over 3 years ago

NZOG looking to acquire assets in Australia and New Zealand

New Zealand Oil & Gas (NZOG) is looking to increase its portfolio through the acquisition of pro...

Categories:
  • Outlook & Strategy
Posted: over 3 years ago
Posted: over 3 years ago

More oil and gas assets up for grabs due to Covid-19

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billio...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Global LNG demand heading into seasonal contraction

The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contracti...

Categories:
  • Outlook & Strategy
Posted: over 3 years ago
Posted: over 3 years ago

Impairments drag Seadrill deeper into the red

Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a signif...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Hydrogen from natural gas instrumental in decarbonisation

Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation ...

Categories:
  • Environment
Posted: over 3 years ago
Posted: over 3 years ago

Maersk Drilling says continued scrapping of rigs needed

Maersk Drilling believes that continued rig scrapping is needed to obtain a healthier balance betwee...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Low oil price could spur decommissioning activity

With few profitable investment alternatives, operators are now likely to increase spending in decomm...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago

Malin Group warns on wave and tidal energy future

Scottish engineering firm Malin Group has called on the UK and Scottish governments to create “cruci...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago
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76 GW of offshore wind potential in Romania identified

Romania holds technical offshore wind potential of 76 gigawatts (GW), according to the latest data f...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago

Borr Drilling working to secure liquidity runway until 2022

Borr Drilling is working to secure a liquidity runway until 2022 even in an unlikely low scenario wi...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Investments in greening EU fleet not possible after COVID-19

Investments in the reduction of air emissions from ships would no longer be possible in a post coro...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago

Cost-cutting measures help HMM narrow Q1 loss

South Korea’s shipping major HMM closed the first quarter of this year with a significantly n...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Higher bunker costs hurt Hapag-Lloyd's earnings

German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quart...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Hydrogen on oil and gas industry's decarbonisation horizon

Hydrogen has surged up the priority list of many oil and gas organizations, taking a primary positio...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago

Analysts warn of multi-year blow in umbilicals segment

The Covid-19 pandemic could see demand for umbilicals fall by 32 per cent this year, Rystad Energy i...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Rig impairments take Noble deeper into the red

Noble Corporation saw its quarterly net loss deepen after being negatively affected by rig impairmen...

Categories:
  • Business & Finance
Posted: over 3 years ago

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