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Regulation & Policy

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DSME
Regulation & Policy

DSME secures order for two LNG carriers

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for the construction of two liquefied natural gas (LNG) carriers.

about 3 years ago
Wave energy technologies proceeding to next phase of EuropeWave project (Courtesy of EuropeWave)
Regulation & Policy

Five wave energy projects proceed to next phase of EuropeWave

Following the competitive first phase of EuropeWave’s pre-commercial procurement (PCP) program, five wave energy projects have been selected to develop their concepts further in the next phase.

about 3 years ago
EU needs to include smaller vessels in its ETS
Regulation & Policy

EU needs to include smaller vessels in its ETS

A broad coalition of 35 maritime companies supported by Transport and Environment NGO are urging the European co-legislators to add ships under 5,000 GT including offshore and service vessels into EU regulations targeting decarbonization of the shipping industry. A joint letter addressing the EU Par

about 3 years ago
DNV greenlights SBM Offshore’s ammonia terminal
Regulation & Policy

DNV greenlights SBM Offshore’s ammonia terminal

Classification society DNV has awarded approval in principle (AiP) to SBM Offshore, the Dutch-based provider of floating production solutions to the offshore energy industry, for its ammonia terminal. The approval was awarded to SBM Offshore and Imodco for the Imodco ammonia catenary anchor leg moor

about 3 years ago
Two Barents Sea wells lined up for Transocean rig
Regulation & Policy

Two Barents Sea wells lined up for Transocean rig

Vår Energi has secured two types of permits from the Norwegian authorities for two exploration wells located in the Barents Sea off Norway.

about 3 years ago
Offer put forward for ‘largest and most prospective oilfield’ off Benin
Regulation & Policy

Offer put forward for ‘largest and most prospective oilfield’ in Benin

Zenith Energy has handed over an offer for a block with “significant untapped, independently assessed oil and gas reserves” offshore Benin.

about 3 years ago
ammonia-fueled ammonia gas carrier
Regulation & Policy

Shipping ‘partially on track’ on decarbonisation targets, moving from pilots to production of zero-emission fuels now crucial

The shipping industry is ‘partially on track’ with regard to the progress in technology and supply of scalable zero-emission fuels (SZEF) to achieve the target of a 5 percent share of international shipping fuels by 2030, according to a new joint report produced by UMAS and UN Climate Change High Le

about 3 years ago
Leviathan
Regulation & Policy

Leviathan, German Naval Yards aim to be the powerhouse of EU green ship recycling

Germany-based green ship recycling centre Leviathan will collaborate with local shipyard German Naval Yards on facilitating green and sustainable ship recycling.

about 3 years ago
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Regulation & Policy

Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative

Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.

about 3 years ago
Illustration (Courtesy of IRENA)
Regulation & Policy

IRENA: Greater international collaboration needed to get the world on net-zero track

International Renewable Energy Agency (IRENA) has released a new report, setting out urgent priorities to rapidly make more clean technologies the most affordable options in key sectors.

about 3 years ago
European countries eye stronger energy security with Black Sea interconnector
Regulation & Policy

European countries eye stronger energy security with Black Sea interconnector

A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.

about 3 years ago
CGM CGM Champs Elysees
Regulation & Policy

Study: Shipowners opting for LNG risk $850 bln loss in stranded assets by 2030

The world’s rapidly growing fleet of ships that can burn liquefied natural gas (LNG) is at risk of financial losses of $850bn by 2030, according to a new study by UCL Energy Institute researchers. Namely, 65% of the newbuilding deliveries by 2025 is capable of running on LNG as a marine fuel, up fro

about 3 years ago
A photo of the Deutsche Bucht Offshore Wind Farm in Germany
Regulation & Policy

Nova Scotia’s green hydrogen plans lead to first offshore wind leasing in Canada

The Canadian Province of Nova Scotia will auction off 5 GW of offshore wind energy by 2030, starting in 2025, with an ultimate aim to support green hydrogen production. This is the first concrete move toward planned offshore wind development in the country which has seen significant activity in the

about 3 years ago
UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator
Regulation & Policy

UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator

The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.

about 3 years ago
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