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Offshore Energy News

 

Wasted Gas: As Global Supplies Tighten, Here’s 210 bcm of Natural Gas for the Taking – IEA Report

Jun 15, 2022

A new report from the International Energy Agency (IEA) estimates that if there was a concerted, global effort to eliminate unnecessary flaring and control leaks across the supply chain, nearly 210 billion cubic meters (bcm) of natural gas could be made available to gas markets.Russia’s war with Ukraine has sent energy prices soaring as a broad swath of sanctions has effectively re-routed Russian oil and gas exports…

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

Jul 01, 2022

Portugal's main utility EDP will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of 16 gigawatt of photovoltaic power the region is expected to install over rivers and seas by 2030.EDP Chief Executive…

Watch the Webinar: How oil & energy firms can gain a competitive advantage by embracing the digital future

Jun 27, 2022

Data, innovation and digital:  How oil & energy firms can gain a competitive advantage by embracing the digital future Recorded on: Jun 29, 2022 11:00 AM Eastern Time (US and Canada)   Watch the Webinar Watch the Webinar There…

Digitalization: Leveraging Digital Innovation in Offshore Energy

Jun 20, 2022

There is an increasing expectation that oil and gas firms can demonstrate their value and efficiency through more data-centric processes, managing costs and reacting more quickly to changing market conditions. While the sector has typically been slow to adopt digital innovations…

Marine Design: New Offshore Support Vessel Range from Chartwell

Jun 15, 2022

U.K.-based Chartwell Marine is introducing its expanded range of offshore energy support vessel (OESV) designs ahead of Seawork 2022 this month.The new design range, spanning classes A to D outlined below, offers a foundation for the integration…

Hydrogen at Risk of Being Missed Opportunity, According to DNV Report

Jun 14, 2022

Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too slow. Governments need to make urgent, significant policy interventions, according to a new report by DNV.In Hydrogen Forecast to 2050, DNV predicts the amount of hydrogen in the energy mix will be only 0…

Robotics: Collaboration Pushes Boundaries of Offshore Cleaning and Inspection

Jun 14, 2022

Woodside collaborated with industry to create a state-of-the-art offshore caisson cleaning and inspection tool (CCAIT system), designed to enable safe and cost-effective remote inspection of offshore platforms.The unique system was designed…

Kongsberg Digital to Handle Floatel Internationals Digital Services

Jun 14, 2022

Floatel International will become a part of Kongsberg Digital's digital infrastructure Vessel Insight.Floatel is currently operating in the North Sea region, Australia, Gulf of Mexico and Brazil and have a fleet consisting of five semi-submersible accommodation and construction support vessels…

Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector

Jun 13, 2022

Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with…

UWA Engineers Supporting Worley's Enhanced Subsea Gas Tieback Project

Jun 03, 2022

To develop stranded gas reserves in remote regions, chemical engineers from The University of Western Australia are cooperating on novel cost- and carbon-reduction technology.Professor Zachary Aman, Chevron Woodside Chair in Long Subsea Tiebacks…

Carbon Capture & Storage: A New Lease of Life for Submarine Pipelines?

May 10, 2022

Since 2019, hydrogen and carbon capture and storage (CCS) have risen up the political agenda, globally, offering a route to decarbonization, as well as (more recently), increased energy security. Many are eying use of existing pipeline to make both happen…

Bardex Mooring Tensioning System Installed in GOM

Apr 28, 2022

BP’s latest floating production facility, ARGOS, has been successfully moored in the US Gulf of Mexico. The mooring tensioning system includes Bardex Corporation Chain Jacks used to haul in and tighten 12 lines of 171mm R4S top chain. Bardex…

Brunei Shell Petroleum Selects ION Geophysical's Marine Logistics Software

Apr 20, 2022

Offshore seismic services and technology company ION Geophysical has won a five-year contract with Brunei Shell Petroleum Co. (BSP), a joint venture between the Government of Brunei and Shell, for a digital solution to manage marine logistics…

POSH, Seamec Kick Off Work on ONGC Pipeline Project

Apr 13, 2022

Offshore marine services provider POSH, with its consortium partner Seamec, has started work on a subsea installation and construction project off India’s west coast, after securing a contract of over $100 million.The two companies are providing…

Yesterday’s or Tomorrow’s Offshore Energy: Which to Pick?

Apr 11, 2022

Looking back, it is easy to wonder if one could have done better by taking the other fork in the road. I grew up in Holland in a maritime family and am pretty sure I would have stuck with maritime there. In 1968, when I was 8 years old, my father…

Current News

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

Russia to Replace Sakhalin-2 Project Operator with New Firm

Russia to Replace Sakhalin-2 Project Operator with New Firm

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop
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