As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to
Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities
UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).
NEO Energy has filed its environmental statement for the redevelopment of the Affleck field in the North Sea to the UK’s authorities.
Liner companies are redesigning their operating loops with lower speeds to meet environmental regulations, particularly the Carbon Intensity Indicator (CII) requirements, Danaos’ CEO John Coustas says. Specifically, ships would need to measure and document their actual annual operational CII against
A new deal signed between an oil and gas operator and a green energy and infrastructure developer will see the creation of one of the UK’s first wind-powered oil and gas production facilities.
Shell has picked Bilfinger to handle maintenance services at nine offshore oil & gas platforms across the Gulf of Mexico deepwater basin.
Ammonia is at the top of the list of the potential shipping fuels of the future, being a zero-carbon solution that can become economically viable. The shipping industry has already built extensive experience in transporting and handling ammonia onboard vessels, and we are seeing major strides being
Australia’s offshore security regulator NOPSEMA has begun the assessment of Shell’s environmental plan for the Crux seabed survey campaign off the coast of Western Australia. The Crux seabed survey campaign will include a geophysical survey and a geotechnical survey in Commonwealth and Ashmore Carti
Entrance into force of the new IMO environmental regulations in 2023 is expected to slow down the supply of vessels into the dry bulk market, according to a recent market forecast by Vessels Value. The drop will remove up to 3-4% of the fleet’s effective trading capacity, based on the outlook, which
Switzerland-based engine developer WinGD has won the first order for its iCER on-engine solution, developed in cooperation with its long-term partner HHI’s Engine & Machinery Division (HHI-EMD). The system is scheduled to be delivered in May 2024 as part of a WinGD X-DF2.1 engine for a new 17,400 cb
The third Suezmax DP2 shuttle tanker, purpose-built for a charter with Petrobras, is expected to start ops in Brazil in a few weeks, says AET.
Parkmead has launched a farm-out process to find a partner for the development of an oil project in the North Sea.
Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.
