Installed offshore wind capacity in US waters could reach 20 gigawatts (GW) by 2030 and annual investments in the sector could surpass US$15 billion by the mid-2020s, according to new research by Rystad Energy. Such a trajectory means capex in US offshore wind will…
ASKO and Scania celebrate the start of operations of four hydrogen gas trucks with electric driveline and of ASKO’s hydrogen gas station in Trondheim. There is no one-size-fits-all-universal solution within electrification of heavy commercial vehicles. One of the technology tracks that Scania has explored…
Dutch terminal operating company APM Terminals has entered into a partnership with Brasco, a Wilson Sons Group company, to set up a logistics base in Brazil to support Premier Oil’s offshore drilling operations on Block 717. Brasco, a Wilson Sons Group company, has partnered…
UAE-based Mubadala Petroleum has completed the farmout of a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs), located offshore Indonesia, to Premier Oil. Mubadala signed the agreement with Premier to farm out the 20…
BP has pulled out of Iraq’s giant Kirkuk oilfield after its US$100 million exploration contract expired with no agreement on the field’s expansion, dealing a fresh blow to Iraq’s hopes to increase its oil output, three sources told Reuters. “It’s very obvious study results…
Australia’s largest mining company, BHP Group, has said that the poor air quality caused by the country’s bushfires in recent months has impacted coal production in the country. The mining giant said that smoke and dust had reduced air quality at its coal mines…
Records set by the liquified natural gas industry in 2019 are indicative of a sustained growth trend, with global LNG capacity expected to increase by more than 50% – from 283 million metric tonnes per annum (MMtpa) in 2015 to 437 MMtpa in 2020, according…
STATS Group has completed a six-month campaign of pipeline isolations in Malaysia. The company performed the 12 isolations on behalf of partner Handal Energy Berhad for an unnamed operator in Malaysia. In all cases the company deployed its Remote Tecno Plugs (RTPs), providing…
Volkswagen has given an insight into the future of electric vehicles at the Guangzhou Auto Show 2020 is a key year for electric mobility, especially in the Chinese market. While the Chinese government is changing the incentive system for e-cars, Volkswagen Group is accelerating…
Saipem reported Monday that it has signed a licence agreement to test a new technology for the disposal and reuse of plastics. “Plastic recycling is an objective of great interest to Saipem, although further studies and technologies are required,” Mauro Piasere, chief operating officer…
