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HomeOffshore

Offshore

CO2
CCUS

In focus: CO2 capture and storage – important element in the green transition

February 12, 2023 Mariel Alumit

Home Clean fuel In focus: CO2 capture and storage – important element in the green transition As the world faces new challenges in 2023, offshore energy industries are making new plans to deliver on the […]

Transocean
Critical Minerals

Transocean’s Drillship to be Used for Deep-Sea Mineral Exploration

February 10, 2023 Mariel Alumit

Offshore drilling company Transocean has agreed to invest in DEME Group’s subsidiary Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling stake in the company.  GSR is the deep-sea mineral exploratory company engaged […]

Equinor
Earnings

While contributing to Europe’s energy security, Equinor rakes in all-time high profits

February 9, 2023 Mariel Alumit

Home Fossil Energy While contributing to Europe’s energy security, Equinor rakes in all-time high profits Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand. […]

Offshore

Onshore cable installation done for Viking Link

February 9, 2023 Mariel Alumit

Prysmian has completed the installation of the UK land cable section for the 1.4 GW Viking Link interconnector between the UK and Denmark. Source: Prysmian The team completed the installation of the 135-kilometer cable section […]

Energy Tech

Elengy and Delta Rail launch new LNG container loading service

February 9, 2023 Mariel Alumit

French LNG expert Elengy, a part of ENGIE Group, has teamed up with compatriot solutions operator Delta Rail to launch a new LNG container loading service from multimodal platforms remote from the LNG terminals operated […]

Offshore

Green Volt on Track to Power UK Oil & Gas Platforms by Mid-2020s

February 9, 2023 Mariel Alumit

Home Offshore wind Green Volt on Track to Power UK Oil & Gas Platforms by Mid-2020s Flotation Energy and Vårgrønn have submitted a Marine Licence application for the Green Volt floating offshore wind farm. This […]

Wind
Offshore

Wind power makers suffer huge losses, want to abandon major project

February 6, 2023 Mariel Alumit

The greenies’ dream of “clean” (except for millions of dead birds) energy from wind farms is dying in the face of the poor economics (even with tax subsidies) and unreliable technology. The big players in […]

Canada
Critical Minerals

Canada faces pressure to ban deep-sea mining

February 3, 2023 Mariel Alumit

​Canada is facing mounting pressure to declare a moratorium on deep-sea mining exploration and extraction as the country hosts an international marine conservation summit starting Friday in Vancouver. Leading to the the fifth International Marine Protected Area […]

energy
Finance

Massive green energy company reports nearly $1 billion in losses, calls for ‘further governmental action’

February 3, 2023 Mariel Alumit

Global green energy company Siemens Gamesa reported Thursday that it had lost a staggering $967 million during the three-month period from between October to December. The Germany-based company, which dubs itself as “the global leader […]

Euronav
International News

Euronav: The Saga Of A Failing Merger In A Profitable Oil Tanker Market

February 2, 2023 Mariel Alumit

Thesis Euronav (NYSE:EURN) is a Belgian oil tanker company which is considered by many as the best-managed, with a strong balance sheet. Euronav has in 2022 become the object of a merger deal with Norway’s […]

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