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Market Outlooks

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BIMCO
Market Outlooks

BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU

The global containership order book hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the scrapping volumes are steadily declining, falling in the last three years well below average figures.

about 1 year ago
Key things to watch for hydrogen in 2025, according to WoodMac
Market Outlooks

Key things to watch for hydrogen in 2025, according to WoodMac

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The pace for the low-carbon-hydrogen and ammonia sectors is set to pick up in 2025, with key themes to watch for including the rise of blue hydrogen in the U.S., a giga-scale green project reaching FID, increased deployment of Chinese electrolyzers, the persistent mismatch between project FIDs and o

about 1 year ago
Illustration; Source: Brava Energia
Market Outlooks

Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025

The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.

14 minutes read
Offshore Energy’s top five hydrogen stories of 2024
Market Outlooks

Offshore Energy’s top five hydrogen stories of 2024

Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon

about 1 year ago
Noble Interceptor jack-up rig; Source: Noble Corporation
Market Outlooks

Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m

16 minutes read
FPSO EmissionZero; Source: SBM Offshore
Market Outlooks

Harnessing cutting-edge technologies to shape next-generation FPSO future

While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.

13 minutes read
Noble Developer rig; Source: Noble
Market Outlooks

Rig market, oil & gas mergers and JV blockbuster moves mark 2024

A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top

14 minutes read
Offshore Energy Recap 2024
Market Outlooks

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

about 1 year ago
emissions
Market Outlooks

Int’l shipping emissions surge amid weak energy efficiency improvements, report says

There has been an increasing trend in international shipping emissions in stark contrast to the International Maritime Organization’s (IMO) objectives to achieve absolute emission reductions of 20-30% by 2030, on 2008 emissions levels, a new report found.

about 1 year ago
GSL
Market Outlooks

BIMCO: Containership deliveries hit new annual record

Ten months into 2024, shipyards’ deliveries of containerships have reached a new annual record, according to the shipping association BIMCO.

about 1 year ago
An engineer wearing safety harness onboard a vessel
Market Outlooks

Younger generations key to securing energy sector’s future and tackling skills deficit, report suggests

As part of its My Energy Future initiative, the global non-profit safety and skills body for the energy industry OPITO has published a report on barriers preventing young people from entering the energy sector to glean insights into the steps stakeholders might take to make the industry more appeali

about 1 year ago
Ocean Onyx semi-submersible rig; Source: Noble
Market Outlooks

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 1 year ago
Illustration; Source: TotalEnergies
Market Outlooks

TotalEnergies empowering oil & gas and renewables arsenal with up to $90 billion by 2030 as LNG remains crown jewel of its multi-energy mission

TotalEnergies is continuing to push forward its multi-energy strategy as it works on balancing the transition to low-carbon and green sources of supply and the attempts to fortify energy security scales.

about 2 years ago
MMMCZCS
Market Outlooks

IRENA: Renewable hydrogen sector to potentially reshape global energy trade

The renewable hydrogen sector could play a crucial role in reshaping global energy trade, creating opportunities for new players, including developing countries, a new IRENA report found.

about 2 years ago