US crude oil supply will only marginally increase this summer. That’s according to Rystad Energy’s latest analysis, which forecasts that US crude output is forecast to grow by 60,000 barrels per day to 11.51 million barrels per day (MMbpd) in July and remain at…
When the first gas from CNOOC Ltd’s new ultra-deep field in the South China Sea started flowing in late June to the world’s largest customized floating platform 1,500 metres above the sea bed, it marked a key phase in China’s gas drive. For CNOOC,…
The aerospace industry is preparing for flying with hydrogen. In Hamburg, the world’s third-largest aviation centre, a new development platform is being launched to test the new technology from as early as 2022. Funded by the Hanseatic City of Hamburg, Lufthansa Technik will work…
Ampelmann has launched an electric version of its A-type gangway system. The company has replaced the traditional hydraulic power train with an electric regenerative actuation. The electric A-type system is now fully operational after undergoing trials on the support vessel Horizon Star at…
Norway has benefited from North Sea oil and gas for over half a century. At the start of 2021, Norway was the world’s third-largest gas exporter and fifteenth biggest oil producer after Qatar, reported the BP “Statistical Review of World Energy 2020.” Last year,…
The surging, post-pandemic US economy is driving an unexpected boom in coal, the latest sign that demand for the dirtiest fossil fuel remains resilient. American coal production this year will swell 15% to meet stronger demand for electricity at home and abroad, according to the US…
Italian oil major Eni has applied to a UK Government tender process for funds for the development of carbon capture and storage projects. Eni said on the 9th July that it submitted to the ‘Cluster Sequencing for Carbon Capture Usage and Storage Deployment: Phase…
DNV is leading a research project in Britain funded by Innovate UK, in cooperation with the US National Offshore Wind Research & Development Consortium (NOWRDC). The programme, which will continue through March 2023, is investigating the use of wake steering on floating wind farms….
GE Renewable Energy has announced that it has been selected by European Energy as the supplier for three additional wind farms in Lithuania, two in Telsiai and one in Rokiskis, in the northern part of the country. The 187 MW project, which will use…
Saipem’s pipelay vessel Castorone has installed 50 kilometres of the gas pipeline for the Baltic Pipe project in the Baltic Sea. Approximately 225 kilometres remain to be laid by Saipem’s pipelay trio of Castorone, Castoro Sei and Castoro 10, project developers reported. Castorone began…
