Israel’s Ministry of Energy has set its cap on approving the award of six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ) to Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilling – and Britain’s BP.
The Korean Register (KR), in collaboration with the Marshall Islands Registry, has granted Approval in Principle (AiP) for an onboard CO2 capture system (OCCS) developed by Hanwha Ocean during Kormarine 2023 in Busan, South Korea. With the International Maritime Organization (IMO) and the European U
European Commission (EC) President Ursula von der Leyen and President of Namibia Hage Geingob have endorsed the roadmap for the EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen, supported by €1 billion in investments by the EU, its member states and E
North Sea Transition Authority (NSTA) has awarded 27 licenses in areas with the potential to go into production more quickly than others to bolster Britain’s energy security.
The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaboration with the maritime sector, aimed at driving the transition to cleaner energy and ensuring economic and military security. The effort, unveiled in Rotterdam on October 26, sets the stage for a joint
New programs for the transformation of the offshore energy sector are here. Through these actions, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. Example number one: Korea’s Ministry of Trade, Industry and Energy (MOTIE), energ
The incidents that caused damage to the Balticconnector gas pipeline and telecom cables between Estonia, Finland, and Sweden are related, according to Estonian Prime Minister Kaja Kallas. Kallas met with Finnish Prime Minister Petteri Orpo and Swedish Prime Minister Ulf Kristersson in Brussels yeste
TÜV SÜD has been officially recognized as a certification body for CertifHy, the nongovernmental certification scheme for promoting certified proof of origin for hydrogen throughout Europe. TÜV SÜD has been a member of the CertifHy consortium from its inception in 2014/2015 and is said to have contr
The International Marine Contractors Association (IMCA) has issued a new Code of Practice with the aim of improving subsea power cable installation in offshore wind by preventing cable failure and thus enabling savings for the offshore wind industry. The Code of Practice for Offshore Cable Laying in
Lloyd’s Register (LR), the UK’s classification society, has been awarded a contract to class two methanol-ready commissioning service operations vessels (CSOVs) being built by VARD, a global designer and shipbuilder of specialized vessels, for North Star, the UK’s offshore infrastructure support ves
Singapore-based provider of marine electric propulsion and energy management solutions Sea Forrest (SF) has obtained type approval from Bureau Veritas (BV) for its SEAGEN 11 marine propulsion battery module system. SEAGEN 11 is the first marinized lithium-ion battery system for marine propulsion to
Korea’s Ministry of Trade, Industry and Energy (MOTIE), energy institutions, and companies have signed two agreements and five memorandums of understanding (MoUs) with their Saudi counterparts to widen clean hydrogen cooperation. The agreements and MoUs were signed on October 22 on the occasion of t
The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide
The European Parliament Committee on Industry (ITRE) has adopted a position on the Net-Zero Industry Act (NZIA), further endorsing the emerging consensus on the vital role of carbon capture and storage (CCS) in achieving Europe’s climate targets. The position adopted by ITRE is said to strengthen th
