Research News

 

Xodus on Cost Cutting in North Sea Decom

Apr 02, 2019

Xodus Group has carried out  a concept study and Front End Engineering Design (FEED) project  which determined that a North Sea operator will save up to $77.5 million (£59 million) by adopting a Not Normally Attended (NNA) status ahead of decommissioning the field…

SCF Redelivers Survey Vessel to Polarcus

Mar 26, 2019

The offshore geophysical company Polarcus  is getting a seismic vessel back early after Russian shipping player Sovcomflot (SCF) exercised an early redelivery option.A press release from the marine geophysical company operating a fleet of seismic…

Oman: Gas Production to Surpass Oil by 2023

Mar 06, 2019

Oman’s gas production levels are set to surpass oil by 2023 thanks to an impressive surge in the development of gas fields in the sultanate, according to Rystad Energy, the independent energy research and consulting firm headquartered in Norway…

Offshore Wind Capacity to Exceed 100GW by 2030

Feb 25, 2019

The offshore wind power industry continues to grow at a steady pace - over 69 GW of new offshore wind capacity is expected to be installed between 2018 and 2027, exceeding 100 GW of operating capacity by 2030.According to a new report from Navigant Research…

Oil and Gas Projects to Triple in 2019

Feb 24, 2019

A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.The collective…

Offshore Pipeline Market to Grow 6.5%

Feb 19, 2019

The offshore pipeline market is expected to grow from $11.5 billion in 2018 to $15.8 billion by 2023, at a CAGR of 6.54%, from 2018 to 2023.Increasing demand for safe, economical, and reliable connectivity expected to drive the overall offshore pipeline market…

Venezuela’s Oil Production Could Fall to Half

Feb 12, 2019

Struggling Venezuela already is producing oil at a multi-decade low, but the socialist nation's crude output could fall another 50 percent by 2020, according to a new report.After producing 2.4 million barrels a day as recently as 2015, Venezuela already is down to 1…

European Offshore Wind Capacity up 18%

Feb 07, 2019

Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by the European Wind Energy Association, WindEurope. That translates to a 18% increase in Europe’s offshore wind capacity.According to WindEurope…

Deepwater Oil Output to Reach 10 mb/d in 2019

Feb 01, 2019

Global deepwater oil production was expected to grow 700,000 barrels  per day (b/d) this year to hit a record high of more than 10 million b/d.Norwegian research group Rystad Energy said that it 'expects global deepwater production to reach record high level and surpass 10 million bb/d…

Sea Breeze Study May Aid US Wind Farm Developers

Jan 27, 2019

A team of researchers at Rutgers University has used new forecasting methods to predict offshore sea breeze patterns on the Jersey Shore — data that could be useful for companies hoping to build wind farms off Atlantic City.'The proposed, multimillion…

Global Gas Output Hit Record in a Decade in 2018

Jan 20, 2019

The oil and gas industry achieved a net production increase of 164bn cubic metres (bcm), which represents the highest production growth since 2010, according to research by Rystad Energy.“Year-on-year growth was clearly driven by North America…

Scandinavian Cooperation on Offshore Wind Expanded

Jan 17, 2019

The Technical University of Denmark (DTU), the Norwegian University of Science and Technology (NTNU) and the research institute SINTEF  have signed an agreement to work together on renewable energy, including a new joint research center on offshore wind…

UK Opens National Decommissioning Center

Jan 14, 2019

The National Decommissioning Centre (NDC) is opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.The Centre aims to work in partnership…

Offshore Outlook Appears 'Strong', Say Analysts

Dec 19, 2018

The outlook for offshore oilfield service contractors is strong as more than 100 new projects are aiming for 2019 sanctions, according to Rystad Energy, a Norway-based energy research and consulting firm.An expected $210 billion will be spent on offshore oilfield services globally next year…

MacArtney Delivers TRIAXUS ROTV to China

Nov 15, 2018

MacArtney Singapore delivered a TRIAXUS ROTV with customized sensor payload to the Chinese Academy of Science for oceanographic research projects in the South China Sea.The Chinese Academy of Science, via MacArtney agent Geo Marine Technology Ltd…

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UK-Denmark Subsea Power Cable  Gig Awarded

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