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Regulation & Policy

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Illustration. Source: BOEM
Regulation & Policy

US puts Gulf of Mexico oil & gas lease sale on ice following court order

BOEM has postponed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) to comply with a court order.

about 2 years ago
SABRE
Regulation & Policy

Bunkering ammonia not so dangerous after all?

Safety concerns surrounding ammonia bunkering and the design of ammonia-bunkering vessels are in the spotlight as the maritime industry explores ammonia as a potential green fuel. Despite ammonia’s well-known toxicity, it has been successfully transported as cargo on LPG ships in recent years. Now,

about 2 years ago
Cirata floating solar plant in Indonesia (Courtesy of Masdar)
Regulation & Policy

Masdar, PLN NP shake hands to triple the size of ASEAN’s largest floating solar plant

UAE’s Masdar has signed the agreement with PLN Nusantara Power (PLN NP) for a 500MW expansion of Cirata floating solar plant in Indonesia – which is set to become the largest floating solar plant in the Association of Southeast Asian Nations (ASEAN).

about 2 years ago
UK and Germany forge hydrogen partnership
Regulation & Policy

UK and Germany forge hydrogen partnership

UK and Germany have signed a Joint Declaration of Intent to collaborate on the development of an international hydrogen industry. The new agreement was signed on September 26, 2023, at the UK Embassy in Berlin, by Minister for Energy Efficiency and Green Finance Lord Callan and Federal Republic of G

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Recent North Sea discovery deemed ‘important’ for further exploration activities

A new gas condensate discovery in the Norwegian sector of the North Sea, made by DNO Norge, is perceived to be a play-opener.

about 2 years ago
ABS AL
Regulation & Policy

AL Group taps ABS to study Ultramax conversion to methanol

The American Bureau of Shipping (ABS) and Asiatic Lloyd Maritime LLP, member of the AL Group, have signed a joint development project (JDP) to study the feasibility of converting the fuel system of an ultramax bulk carrier, from conventional diesel to methanol. The study is focused on a series of up

about 2 years ago
Global low-emissions hydrogen growth threatened by lack of policy support and high costs, IEA report shows
Regulation & Policy

Global low-emissions hydrogen growth threatened by lack of policy support and high costs, IEA report shows

While interest in new low-emissions hydrogen is on the rise, the slow roll-out of financial incentives and cost pressures put investment plans for future projects at risk, according to a new report published by the International Energy Agency (IEA). The latest edition of the IEA’s annual Global Hydr

about 2 years ago
DNV: Onboard CC and nuclear propulsion can compete with other decarbonization solutions
Regulation & Policy

DNV: Onboard CC and nuclear propulsion can compete with other decarbonization solutions

Onboard carbon capture and nuclear propulsion, previously regarded as ambitious concepts, are not only mere contenders in the quest for cleaner shipping but formidable ones, fully capable of taking on established decarbonization solutions, according to the recent findings from DNV. DNV has conducted

about 2 years ago
Illustration/Oscilla Power’s Triton-C wave energy device heading to deployment site in Hawaii (Courtesy of Oscilla Power)
Regulation & Policy

US DOE backs six small marine energy projects with nearly $7M R&D funding

The U.S. Department of Energy (DOE) has supported six small business-led marine energy projects with close to $6.8 million in an effort to drive innovation in marine energy industry.

about 2 years ago
Reliability of subsea cables paramount to energy transition success, GUH says
Regulation & Policy

Reliability of subsea cables paramount to energy transition success, GUH says

Failures in underwater cables could derail global offshore wind ambitions as the reliability of these cables is paramount to the success of offshore wind and the energy transition, according to the Global Underwater Hub (GUH), UK’s trade and industry development body for the underwater sectors. GUH

about 2 years ago
GKinetic's 12kW hydrokinetic unit in LImerick city (Courtesy of GKinetic Energy)
Regulation & Policy

GKinetic demonstrates hydrokinetic device as part of +CityxChange project

Irish company GKinetic Energy has showcased one of its 12kW hydrokinetic devices in the heart of Limerick city as part of the €30 million +CityxChange project.

about 2 years ago
BlueNord
Regulation & Policy

Norwegian firm pulls out of mini oil & gas licensing round in North Sea

BlueNord has dropped out of a mini oil and gas licensing round for exploration and extraction in a defined area in the Danish North Sea.

about 2 years ago
Seafarers
Regulation & Policy

Seafarers’ unions strike deal for a 6 pct pay hike

Seafarers’ unions and maritime employers have signed a four-year agreement that will see significant wage increases and dozens of workplace protections and improvements for over 250,000 seafarers’ serving on more than 10,000 vessels. The International Bargaining Forum (IBF), the forum that negotiate

about 2 years ago
QED Naval’s SubHub platform being towed to site in Langstone Harbour (Courtesy of QED Naval)
Regulation & Policy

Interview: To help boost confidence and give clear direction for tidal energy, UK government should set 1GW target for 2035

Jeremy Smith, CEO of QED Naval and its Welsh subsidiary Mor Energy, talked with Offshore Energy about the funding it received in the latest UK government’s contracts for difference auction, the Subhub tidal energy technology, the issues the sector is facing in the UK and what can be done to accelera

about 2 years ago
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