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Offshore Wind

In focus: Energy players in strategic moves to net-zero

This week witnessed prominent industry players teaming up worldwide for energy transition projects and decarbonising their production and operations.

about 4 years ago

In pursuit of solution for ‘severe liquidity concerns,’ Lamprell ponders takeover bid from shareholder

Offshore Wind

‘Severe liquidity concerns’ prompt Lamprell to ponder funding solutions including takeover bid from shareholder

Following Blofeld’s takeover bid, Lamprell intends to continue its discussions with this shareholder to get an updated offer.

about 4 years ago

Offshore Wind

As O&G share of MMO market goes down, renewables and low-carbon to take increasingly large slice of pie – Rystad

The oil and gas industry has dominated the MMO market but this is set to change, an analysis by Rystad Energy shows.

about 4 years ago

A photo of the G7 ministers at the meeting in Berlin in May 2022

Offshore Wind

In focus: G7 puts fossil fuel financing in crosshairs, commits to electricity sector decarbonization

The latest meeting of the G7 ministers for climate, energy, and environment has resulted in further commitments from the world’s most developed countries to curb the rise in global temperatures to 1.5°C and assist the countries affected the most by climate change. One of the commitments that stands

about 4 years ago

Offshore Wind

Offshore Energy Exhibition & Conference 2022: Registration is now live!

Register before the 24th of June and receive a 25% discount on your event ticket. From today, it is possible to register for the Offshore Energy Exhibition & Conference (OEEC) 2022. Europe’s leading exhibition and conference connects the entire offshore energy sector. The two-day event taking place

about 4 years ago

Offshore Wind

In focus: Out with the oil, in with the new! Or is it?

The keyword in energy transition is transition, a process that often involves constant tweaking and going back and forth between the gains and benefits of the old, and the betterment that will come with the new. In the energy sector, this is reflected in the moves of governments, and developments an

about 4 years ago

IRENA assembly at 23rd council meeting (Courtesy of IRENA)

Offshore Wind

IRENA: Francesco La Camera up for re-election as call for inclusive energy transition reverberates

High-level delegates from 100 countries have discussed International Renewable Energy Agency’s (IRENA’s) medium-term strategy and director-general’s re-election at 23rd council meeting.

about 4 years ago

Offshore Wind

Abu Dhabi companies to explore offshore wind, green hydrogen development in UAE

Abu Dhabi-based Masdar and National Petroleum Construction Company (NPCC) have entered into an agreement to collaborate on offshore wind and green hydrogen project development in the UAE. Under a Memorandum of Understanding (MoU) signed this month, the two companies will initially focus on collabora

about 4 years ago

Offshore Wind

BP joins forces with two Abu Dhabi players for UK hydrogen projects

ADNOC and Masdar are to join BP’s blue hydrogen project H2Teesside and HyGreen Teesside green hydrogen project, respectively.

about 4 years ago

Offshore Wind

Brand-new deal supports UAE player’s expectations of tightening market

Gulf Marine Services (GMS) has won a new long-term deal for one of its small-size class vessels with a higher day rate.

about 4 years ago

Offshore Wind

In focus: Activists take the front line against fossil fuels, as maritime industry steps up clean fuels game

‘Actions, not words’ perfectly summarizes the general feeling of environmental activists who took the front line in fight against fossil fuels industry and its supporters. Living up to their creed, however, is the maritime sector which has also stepped up efforts on a global level to adopt more envi

about 4 years ago

Offshore Wind

Subsea 7 sees growth in revenues, expects tendering activity to remain high

Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant acti

about 4 years ago

Offshore Wind

Oil and gas to catapult global energy spending to record highs in 2022, Rystad says

Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.

about 4 years ago

Offshore Wind

Answers to energy security and climate change concerns lie in energy transition, IRENA says

The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.

about 4 years ago