Times are changing in the offshore market. The global charge towards decarbonisation, fuelled by growing public environmental consciousness, is driving yet further change in our energy mix. Governments and large energy companies alike are pouring […]
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans to deal with the outbreak, fewer and fewer employees […]
The collapse in crude oil prices is wiping out much of the US petrochemical competitive advantage while global demand is being slammed by the continuing spread of the coronavirus. Financial markets are seizing up, throwing […]
Richard Pugh, Investor at equity investor BGF, discusses why an upturn in the subsea sector may not be plain sailing and outlines why is it crucial to get your funding ducks in a row from […]
In retrospect, 2019 was another strong year for offshore exploration and production companies. Free cash flow remained strong and tell-tale signs have emerged that we are entering a new offshore investment cycle. This trend was […]
Military action leading to closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and oil products, with a knock-on effect for the world’s already fragile manufacturing […]
Global LNG production jumped in 2019, triggering oversupply and low prices that are expected to persist in 2020. Initial full-year data from LNG Edge shows exports at 355 million tonnes in 2019, up from 314.9 […]
Tor Østervold, CEO of ECOsubsea, believes we’ve had our sights set on the wrong target when it comes to tackling the threats posed to marine biodiversity. Invasive organisms are now accepted as the main drivers of species extinction […]
The plastics or polymers industry was for many years a hidden industry. For most of its history, nobody has known much about the plastics business because it is sandwiched between oil and gas and a […]
For the field development engineer striving to deliver the most cost-effective concept design for a shallow water development, there are a variety of possible routes to take. Maybe a subsea tieback would provide the most […]
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