Offshore installation vessels may soon be hard to come by, according to Alexander Fløtre, vice president Offshore Wind at Rystad Energy, both offshore wind activity…
The global wind turbine installation fleet will be undersupplied to meet demand after 2025, reports Rystad Energy. This opens room for more specialized vessel orders…
With few profitable investment opportunities left as a result of the coronavirus, oil companies will likely increase their spending on decommissioning contracts. Global projects through…
More than 200 European mid- and small-sized oilfield service companies face insolvency as Covid-19 will hit the market hard and cut purchases by USD 5…
Amidst the chaos and uncertainty, analysts find it difficult to estimate the exact impact of the coronavirus on the multipurpose and heavy-lift shipping industry but…
Installed offshore wind capacity in US waters could reach 20GW by 2030 and annual investments in the sector could surpass USD 15 billion by the…
Fuel prices have skyrocketed following the drone attacks on Saudi-Arabian oil terminals this past weekend. In major bunker ports like Rotterdam and Singapore prices have…
The oil market is going from gloomy to gloomier, warns Rystad Energy in a new market report. Increased production, economic recession, the ongoing trade war…
Offshore project sanctioning in the oil and gas industry has already surpassed the USD 50 billion mark in 2019, nearing the investment level of 2014. …
Growing fears of an economic slowdown and record high US oil production levels have led to a dropping oil price (Brent) which this week, for…
The Norwegian oil and gas industry is highly optimistic about the future, shows an economic outlook barometer from SpareBank 1. Especially companies with large exposure…
The escalation of the trade war between the United States and China jeopardizes the construction of several mega LNG projects, likely postponing the forecasted wave…
Oil and gas exploration is off to a flying start in 2019, with the oil majors taking a bigger bite of the conventional resources discovered…
Listed oil majors are bringing in cash at the best rate ever witnessed even though oil prices have only partially recovered from the huge drop…