Where are the world’s oil rigs? | World Economic Forum Today, there are 1,470 offshore oil rigs around the world The chart below, based on data from Statista, shows where they are located, as of May 2015 Seven regions have more than 100 oil rigs, which can be broadly divided into four areas
Ageing oil and gas platforms - The World Economic Forum Here are 3 ways to break the offshore wind impasse Offshore platforms can be recycled Dismantling and recycling end-of-life oil and gas platforms is one option for decommissioning An example is the Brent Delta platform, one of four installations from the Brent oil and gas field northeast of the Shetland Islands in the North Sea
The US enters its drill, baby, drill era. Here’s what an energy . . . The move was followed by a directive that aimed to roll back regulations on the oil and gas sector, and accelerate drilling and pipeline development “We will drill, baby, drill,” Trump said in his inauguration speech, adding that the US has the “largest amount of oil and gas of any country on Earth — and we are going to use it ”
Offshore wind farms make artificial reefs for marine life Wind turbines off the US coast have become artificial reefs, offering a new habitat for ocean life But wind farms can have a negative effect on other wildlife, such as fish stocks and ocean birds Collaborative, biodiversity-aware planning of projects will be key as offshore wind expands to meet net-zero climate targets
Choo Chiau-Beng | World Economic Forum Chairman, Det Norske Veritas South-East Asia Committee Member: Southeast Asia Regional Committee, American Bureau of Shipping; Special Committee on Mobile Offshore Drilling Units; Board of Trustees, Singapore University of Technology and Design Singapore's Non-Resident Ambassador to Brazil
White hydrogen: 5 of the most critical questions answered Global low-carbon hydrogen demand is forecast to reach almost 200 million tonnes per annum by 2050 As the global hydrogen industry faces financial and demand-side challenges, many are increasingly looking to white hydrogen as an efficient alternative Here are five of the most pressing questions about the white hydrogen industry answered
The business case for a sustainable blue economy The offshore wind sector offers a promising model For example, innovations such as Shanghai Electric Wind Power’s recyclable wind turbine blades demonstrate how integrating capital, cutting-edge technologies and shared expertise can drive progress
Wind power costs: Why the industry is facing cost headwinds | World . . . Developers of onshore and offshore wind projects are facing rising costs, but offshore investments are bearing the brunt of the current industry challenges So, what exactly is happening, why is it important, and what needs to happen to safeguard this vital part of the global energy transition and keep the turbines of tomorrow turning?