Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de
French classification society Bureau Veritas Marine & Offshore (BV) has awarded approval in principle (AiP) to China’s shipbuilding R&D institute Marine Design and Research Institute of China (MARIC) for its new 155,000 cbm ultra large ethane carrier (ULEC) design.
Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s fl
The ammonia dual-fuel system designed for medium gas carriers (MGCs) being built for Trafigura has been approved by classification society Lloyd’s Register (LR).
Israel’s Ministry of Energy and Infrastructure has put its stamp of approval on six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ). The list of license winners entails Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilli
With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the ongoing economic challenges and energy market headwinds and tailwinds, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has outlined in its new repor
UK-based marine and offshore solutions provider SRC Group’s retrofit methanol storage technology has received the go-ahead via an approval in principle (AiP) from Italy-based classification society RINA. As disclosed, the approval in principle took account of the International Maritime Organization’
Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton
Japanese classification society ClassNK has issued an approval in principle (AiP) for a rigid windsail type wind-assisted propulsion system (WAPS) developed by French designer and manufacturer OceanWings.
The upcoming International Maritime Organization’s (IMO) climate talks are set to decide the fate of the maritime sector’s decarbonization, which is a prerequisite for decarbonizing the global economy as a whole.
Knutsen NYK Carbon Carriers (KNCC), a subsidiary of Japanese shipping company NYK and Norway’s vessel operator Knutsen Group, has received approval in principle (AiP) from classification society ClassNK for the design of liquefied CO2 carriers with elevated pressure cargo tanks (LCO2-EP) and a float
The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr
Belgian NGO Shipbreaking Platform has called on the European Commission to take measures that will end the “dumping” of toxic ships and boost capacity for sustainable ship recycling.
Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group have signed a seven-year framework agreement for rapid response maintenance and repair of submarine cables. The collaboration targets enhanced energy security, bolstering the resilience of subma
