Press Releases
EuropeOffshore Saipem Woodside has been forced to stop installation of an offshore gas pipeline on its $12bn Scarborough gas project after an incident on Saipem’s Castorone pipelayer punched a hole in the pipeline. According to […]
AsiaGas HD Hyundai Broking sources report Japanese shipping line Nippon Yusen Kaisha (NYK) has joined the rush for very large ammonia carrier (VLAC) newbuilds in South Korea. The Tokyo-headquartered behemoth has been placed behind an […]
Available VLCC berths at the world’s top two shipbuilding nations have all but dried up for 2027. Tanker broker Gibson notes that 2027 delivery slots in China are over, with the possible exception of a […]
OffshoreRenewables European Energy Nearly 40% of the 380GW pre-sanctioned offshore wind pipeline forecast to reach FID between 2024 and 2030 is considered under risk, a new analysis by Westwood claimed. In its recent Project Certainty […]
Renexia The UK Government has awarded funding to a Morek Engineering-led consortium to design a new class of low-carbon installation vessels for the floating offshore wind market. The consortium – which includes Morek Engineering, Solis […]
Maersk Supply Service Equinor and BP have agreed to separately pursue their joint offshore wind projects in the US through a swap transaction under which the Norwegian oil and gas giant will take full ownership […]
Ørsted Danish renewable energy developer Ørsted has changed its plans for the 966-MW Skipjack Wind project off the coast of Maryland in the US. The company claimed that financial incentives provided by Maryland were no […]
Andrew Craig-Bennett channels a former paramount leader of China in reminding readers to seek truth from facts. People like to feel that they are right. It is far easier to get someone to agree with […]
“In the near term, the markets are not balanced; supply, demand is not balanced,” Hollub said, adding that: “2025 and beyond is when the world is going to be short of oil”. Hollub said that […]
Oil Price Back in the middle of 2023, the International Energy Agency reported that electricity demand is on the decline in advanced economies. The IEA said at the time that demand for electricity in the U.S. alone […]
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