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Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

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Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the job market. The post Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave appeared first on Offshore Energy.

New ammonia body launches certification scheme | Ammonia

Ammonia Europe wants to boost collaboration and transparency Ammonia Europe wants to boost collaboration and transparency New business association Ammonia Europe has launched a voluntary certification scheme which aims to provide transparency to European customers on the carbon footprint of their ammonia purchases. An Ammonia Certificate is issued for each tonne of ammonia with a product attribute declaration of the footprint and energy origin, such as hydrogen from electrolysis, biomethane or methane. It uses a mass balance chain-of-custody system with optional ‘book and claim’ in the single market, and pilot audits at Fertiberia and Yara renewable ammonia plants. With a decarbonised ammonia system targeted for 2050, the new body aims to foster collaboration across the continent’s value chain and unlock the potential of ammonia for climate neutrality. Eleven founding members are listed on its website,… Read More »New ammonia body launches certification scheme | Ammonia

Solstad scores trifecta for a busy 2025

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Norwegian shipping company Solstad Offshore has secured contracts for two of its construction support […] The post Solstad scores trifecta for a busy 2025 appeared first on Offshore Energy.

MPA: Alternative bunker fuel sales exceed 1 million tonnes in 2024

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Sales of alternative bunker fuels exceeded one million tonnes for the first time to reach 1.34 million tonnes in 2024, the Maritime and Port Authority of Singapore (MPA) has revealed. The post MPA: Alternative bunker fuel sales exceed 1 million tonnes in 2024 appeared first on Offshore Energy.

A new era for LNG under Trump – but at what cost? | LNG

As Europe turns its back on Russian gas, the US is stepping up to meet the challenge, with Trump’s liquefied natural gas (LNG) export policies set to unlock a new era of energy dominance. This is to be driven by soaring EU demand, Trump’s promise to lift the moratorium and the US’s record-breaking LNG output growth in 2025.  Having declared an ‘energy emergency’, the newly minted US President banned offshore wind and withdrew the US from the Paris Agreement – a move he previously took during his first term in office. This shift in priorities signals a stark reversal for clean energy, which now finds itself the sacrificial lamb in Trump’s aggressive push to favour LNG. Just three days into the job, the US President lifted permits on two LNG plants in Louisiana, which “were… Read More »A new era for LNG under Trump – but at what cost? | LNG

Petrobras starts the divestment ball rolling for Brazil’s shallow water oil & gas field

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Petrobras has rolled up its sleeves on the sale of its working interest in a producing shallow water field in the Sergipe-Alagoas Basin off the coast of Brazil by embarking on the binding phase to dispose of its stake. The post Petrobras starts the divestment ball rolling for Brazil’s shallow water oil & gas field appeared first on Offshore Energy.