Offshore Energy News

 

Finance: Investors Become Super-Bullish on Oil

Jan 30, 2023

Portfolio investors have piled into petroleum futures and options at the fastest rate since the first successful coronavirus vaccines were announced in late 2020.China’s exit from a zero-COVID strategy, along with hopes the global economy can avoid a recession and low oil inventories…

VIDEO: One-on-One with Pieter van Oord, CEO, Van Oord

Jun 07, 2022

Pieter van Oord is candid in discussing the future growth of his storied company’s activities in offshore wind with specific insights on challenging current jobs, Van Oord’s recent order of a massive and groundbreaking Wind Turbine Installation Vessel…

VIDEO: "Things are about to change in a big way" for U.S. Offshore Wind

Feb 01, 2022

In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today…

Global Underwater Hub Announces Appointments

Jan 04, 2022

The Global Underwater Hub (GUH) announced a series of senior appointments to deliver its ambition of transforming the underwater industry in the UK, appointing a finance director and head of communications.Kirstin Gove has joined as head of communications…

Offshore Renewable Energy: A Port Puzzle for Floating Offshore Wind

Dec 08, 2021

After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like…

Nippon Foundation, DeepStar Launch Joint Decarbonization R&D Program

Dec 06, 2021

The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment…

O&G Vet John Morrison Retires from EnerMech

Aug 09, 2021

EnerMech’s cranes and lifting director John Morrison is set to retire after supporting the oil and gas sector for the last four decades.Morrison has spent the last 13 years of his career spearheading EnerMech’s installation, operation, maintenance…

VIDEO: Subsea UK and the Creation of the “Global Underwater Hub”

Jul 28, 2021

Subsea UK is embarking on a new adventure as The Global Underwater Hub, a new organization with already nearly $18 million in funding. ‘The Hub’ aims to leverage the UK’s strong maritime heritage, as well as its underwater expertise that transcends offshore defense and research…

VIDEO: Five Minutes with Baba Devani, CEO Marine, Survitec

May 28, 2021

As Survitec continues to grow with the recent acquisition of Hansen Protection, Baba Devani, CEO Marine, discusses the strategic important of the acquisition to the overall strategy of Survitec as well as the path ahead.Baba, to start, can you…

Eco Wave Power Set to Install Wave Energy Tech in Port of Jaffa as Sea Wall Works Near Completion

May 05, 2021

Swedish wave energy development company Eco Wave Power said Wednesday it was nearly done with the wall reinforcement works, meant to enable the installation of floaters on the sea wall of the Port of Jaffa, Israel.The works so far have included…

Can the Subsea Factory Support a Net Zero World?

Apr 29, 2021

Mads Hjelmeland is passionate about subsea processing. It’s a subject close to his heart in his role as managing director, Processing Systems, OneSubsea. But it’s more than just a recovery enhancing technology to Mads. Subsea processing is central…

Strong Offshore Wind Lifts U.S. Maritime, Port, and Logistics Companies

Mar 08, 2021

After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein…

Virtual Conference to Focus on Transatlantic Marine Renewables

Nov 16, 2020

Marine industry experts from Portugal and Canada are staging a special Blue Economy conference to spark transatlantic business growth. WavEC Offshore Renewables is teaming up with the Embassy of Canada to Portugal to host ‘Advancing the Blue Economy through Intercontinental Collaboration’…

Rolling the Dice in Chaos: The Prospects of Investment in the Gas Industry

Sep 29, 2020

As stated in the Declaration of Malabo at the 5th Summit of Heads of State and Government of the GECF Member Countries, in order to sustain the security of demand and supply of natural gas, it is necessary to ensure sufficient investments through…

Silva Tapped to Lead Corpower Ocean Portuguese Ops

Aug 25, 2020

CorPower Ocean, designer of wave energy systems, appointed Miguel Silva as head of its Portuguese operation.The news comes shortly after CorPower revealed plans for a new $18.1m R&D, Manufacturing and Service Center in Viana do Castelo, Portugal…

Logistics News

BDI Hits One-Week High as Commodity Markets Firm

BDI Hits One-Week High as Commodity Markets Firm

Maersk, PANYNJ Extend Lease for APM Terminals Elizabeth Until 2062

Maersk, PANYNJ Extend Lease for APM Terminals Elizabeth Until 2062

U.S. Wants Black Sea Ceasefire

U.S. Wants Black Sea Ceasefire

North Queensland Ports Contribute Billions to Local Economy

North Queensland Ports Contribute Billions to Local Economy

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