The state Department of Environmental Conservation (DEC) has officially prohibited high-volume hydraulic fracturing for natural gas in New York State by issuing its formal findings statement, completing the state’s seven-year review of this activity. “After years of exhaustive research and examinati
Statoil and its partners have today submitted an amendment to the Plan for Development and Operations (PDO) for the Gullfaks licence to the Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista development. According to Statoil, phase 1 of the development is expected to add 18 million b
Petrobras, Brazil’s state-run oil company, has revealed its five-year spending plan, according to which, the company will spend $130 billion in the 2015-2019 period. Total investments have been slashed by 37%, compared to the previous plan. Petrobras has said that with this plan it plans to reduce t
Island Offshore is moving ahead with the shipbuilding contract with Kawasaki Heavy Industries for delivery of the Island Navigator drilling vessel. According to Island Offshore, the vessel is a combined well intervention- and tophole drilling vessel with equipment and capacity to perform a series of
Malaysia’s Daya Offshore Construction is a step closer to acquiring a subsea construction vessel from Norway’s Siem Offshore. According to the Norwegian shipowner, Daya has today secured approval from its shareholders to proceed with the purchase of “Siem Daya 1” vessel. Siem Daya 1 is already on a
Denmark’s Port of Frederikshavn said it has secured about 3 million euros from the EU to fund its forthcoming expansion. Among other things, the EU funding has been granted for a project concerning LNG production, Port of Frederikshavn said in a statement on Tuesday. In this process, Port of Frederi
Denmark’s Port of Frederikshavn said it has secured about 3 million euros from the EU to fund its forthcoming expansion. Among other things, the EU funding has been granted for a project concerning LNG production, Port of Frederikshavn said in a statement on Tuesday. In this process, Port of Frederi
RenewableUK has welcomed the new report commissioned by the Committee on Climate Change which shows the cost of offshore wind energy will drop dramatically by the end of the decade, with further significant cost reductions in the 2020s. The study, “Approaches to cost reduction in offshore wind” by B
As of tomorrow, July 1st, ocean-going vessels are required to switch to clean fuel while berthing in Hong Kong. The switch comes as Hong Kong comes to grips with air pollution caused by container vessels to the surrounding areas, especially in the vicinity of the the Kwai Chung Container Terminals (
As of tomorrow, July 1st, ocean-going vessels are required to switch to clean fuel while berthing in Hong Kong. The switch comes as Hong Kong comes to grips with air pollution caused by container vessels to the surrounding areas, especially in the vicinity of the the Kwai Chung Container Terminals (
Croatia’s decision to build an LNG terminal on the island of Krk is of great relevance to the Adriatic Sea region, President of Lithuania, Dalia Grybauskaitė said on Monday.
Croatia’s decision to build an LNG terminal on the island of Krk is of great relevance to the Adriatic Sea region, President of Lithuania, Dalia Grybauskaitė said on Monday.
The Port of New York and New Jersey’s South Brooklyn Marine Terminal in Sunset Park has officially been reactivated as a working maritime port facility. The US Maritime Administration and US Department of Transportation also announced the inclusion of SBMT and nearby Red Hook Container Terminal into
The Port of New York and New Jersey’s South Brooklyn Marine Terminal in Sunset Park has officially been reactivated as a working maritime port facility. The US Maritime Administration and US Department of Transportation also announced the inclusion of SBMT and nearby Red Hook Container Terminal into