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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
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
Ageing oil and gas platforms – here’s what to do with them | World . . . 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 ”
Time to Reconsider Off shore drilling in Lake Michigan? Time to Reconsider Off shore drilling in Lake Michigan? In these times of our drive for energy independence, shouldn't we open Lake Michigan for offshore drilling? It is well known that Michigan's donut-shaped oil patch extends out under the lake and would surely yield a great amount of oil to help our energy security
The Future of Jobs Report 2025 - The World Economic Forum The Future of Jobs Survey also asked respondents whether they expected to offshore parts of their workforce, or move operations closer to home through reshoring, nearshoring, or friendshoring
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?
Here are 10 inspiring conservation success stories on World Wildlife . . . Steller sea lions make their home along the west coast of the US, but face dangers such as drift nets, illegal hunting, offshore drilling and oil exploration In 1979, their numbers hit a record low of 18,000 and the population continued to struggle
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
How has shale oil affected the global oil price? The production of shale oil (also referred to as tight oil) exploits technological advances in drilling It involves horizontal drilling and the hydraulic fracturing (or fracking) of underground rock formations containing deposits of crude oil that are trapped within the rock