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Authorities & Government

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SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Authorities & Government

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago
Source: CorPower Ocean
Authorities & Government

EU backs CorPower’s next wave energy step with €40M grant

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Swedish wave energy developer CorPower Ocean has secured a €40 million grant from the EU Innovation Fund to support the development of VianaWave, a 10 MW pre-commercial wave energy project planned off northern Portugal. The VianaWave project will comprise 30 wave energy converters (WECs), grouped in

about 1 year ago
European Commission
Authorities & Government

European Commission vows action after concluding probe into Chinese biofuel imports

The European Commission (EC) has wrapped up its probe into suspected fraud involving Chinese biodiesel imports flagged by Germany two years ago, uncovering certain systemic flaws and vowing corrective action. Specifically, the EC said that it has unearthed some weaknesses in the way certification au

about 1 year ago
South African
Authorities & Government

Full steam ahead for South African maritime decarbonization

South Africa is determined to decarbonize its maritime industry and has outlined plans to implement key International Maritime Organization (IMO) regulations on shipping emissions and establish a national task force and action plan to drive the effort.

about 1 year ago
US
Authorities & Government

US Department of Transportation disburses over $35M in maritime infrastructure funds

The United States Department of Transportation (DOT) has unpacked more than $35 million in maritime financing under the Better Utilizing Investments to Leverage Development (BUILD) program, which provides funding for capital investments in surface transportation. The funding, which was revealed on J

about 1 year ago
ICS
Authorities & Government

IMO NZF: Industry needs clarity, simplicity and detail on rewards, ICS says

The International Chamber of Shipping (ICS), a trade association which represents over 80% of the world merchant fleet, has urged the UN maritime regulator International Maritime Organization (IMO) to clarify issues surrounding the new Net-Zero Framework (NZF).

about 1 year ago
US lawmakers
Authorities & Government

US lawmakers propose twin bills to tackle maritime pollution

Two United States lawmakers have introduced a pair of bills aimed at cutting down on dangerous air pollution within the maritime transport industry. As disclosed, on July 10, California-representing US Senator Alex Padilla reintroduced the Clean Shipping Act of 2025, led by House Representative Robe

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Authorities & Government

ExxonMobil’s loss is Chevron’s gain: High-stakes arbitration over Hess’ Guyana oil assets ends

ExxonMobil and its partner, China’s CNOOC, have not secured a victory in arbitration proceedings over U.S.-based Hess Corporation’s sale of interests in assets off the coast of Guyana. This clears the key merger hurdle in Chevron’s path, enabling it to bring Hess’ upstream portfolio into its fold.

about 1 year ago
CorPower Ocean wave energy farm
Authorities & Government

Wave energy picks up pace as CorPower Ocean lands two new investors

Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, sup

about 1 year ago
BYD Xi'an
Authorities & Government

LNG-fueled BYD Xi’an, one of the world’s biggest car carriers, threads through Suez Canal

Chinese plug-in hybrid electric vehicle manufacturer BYD’s roll-on/roll-off (RoRo) car carrier BYD Xi’an, hailed as one of the largest ships of its type in the world, has passed through the Suez Canal on its maiden voyage. The 219-meter-long vessel was launched in April this year, back-to-back with

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Authorities & Government

EU backs green port infrastructure in Papua New Guinea

The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.

about 1 year ago
yellow wave buoy in open sea
Authorities & Government

Solar-powered buoy network to enhance coastal data across Australia

Researchers at the University of Western Australia (UWA) have launched a national network of solar-powered wave buoys to improve data on wave-driven processes and coastal change. The network, part of the Integrated Marine Observing System (IMOS) Coastal Wave Buoys Facility, is led by Mike Cuttler an

about 1 year ago
EnQuest
Authorities & Government

New operator taking the helm at undeveloped gas fields offshore Brunei

EnQuest EP, a subsidiary of London Stock Exchange-listed energy player EnQuest, has secured a production sharing agreement (PSA) for Block C, covering three offshore fields in Brunei Darussalam, for which a final investment decision (FID) is anticipated to be reached within the next two years.

about 1 year ago
Sumitomo's UK-produced subsea cables to link Kent and Suffolk
Authorities & Government

Sumitomo’s UK-produced subsea cables to link Kent and Suffolk

The UK National Grid has selected Sumitomo Electric Industries as the preferred bidder to supply and install 138 kilometers of subsea cable for Sea Link, a new high-voltage direct current (HVDC) electricity connection between Kent and Suffolk. Sumitomo Electric will perform the work out of its manuf

about 1 year ago