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Regulation & Policy

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MMMCZCS survey: Majority of maritime community willing to work with ammonia-fueled vessels
Regulation & Policy

MMMCZCS survey: Majority of maritime community willing to work with ammonia-fueled vessels

While the implementation of ammonia as a marine fuel is expected to be technologically feasible as early as 2025-2026, its toxic nature requires the maritime industry to develop new approaches to safety. However, the majority of maritime community members are willing to sail on or work with ammonia-

about 1 year ago
A worker surrounded by pipes
Regulation & Policy

Seplat’s acquisition of ExxonMobil’s Nigerian assets gets ministerial green light

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Nigeria’s oil and gas company Seplat Energy has received approval from the country’s Minister of Petroleum Resources to move forward with the acquisition of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of U.S. energy giant ExxonMobil.

about 1 year ago
HD KSOE secures ABS’ blessing for methanol hybrid escort tug
Regulation & Policy

HD KSOE secures ABS’ blessing for methanol hybrid escort tug

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE), in collaboration with ship designer Robert Allan, has received approval in principle (AiP) from classification society ABS for an escort tug with methanol dual-fuel (DF) hybrid propulsion system. The AiP certific

about 1 year ago
An offshore rig
Regulation & Policy

Trio gets hold of Malaysian offshore block with 12 gas discoveries

have enriched their portfolios with a small field asset production sharing contract (SFA PSC) for a block that contains 12 gas discoveries off the coast of Sarawak, Malaysia.

about 1 year ago
ABS delivers ammonia dispersion safety evaluation to Hanwha Ocean
Regulation & Policy

ABS delivers ammonia dispersion safety evaluation to Hanwha Ocean

ABS has completed a safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from Hanwha Ocean.

about 1 year ago
Illustration; Source: Saipem
Regulation & Policy

Saipem cheers overturning of two-year ban on public contracting activity in Brazil

Saipem has welcomed the lifting of restrictions on new contracts in Brazil, after being banned from striking deals with the country’s public administration earlier this year.

about 1 year ago
ClassNK
Regulation & Policy

ClassNK grants ‘world’s first’ certification for ships using green steel

Japan’s classification society Nippon Kaiji Kyokai (ClassNK) has granted the ‘first-ever’ class notation for the use of green steel in a vessel to compatriot NYK Bulk & Projects Carriers’ bulk carrier Bright Queen, representing a ‘notable’ step toward the wider adoption of environmentally-friendly m

about 1 year ago
Frontal view of a vessel at sea
Regulation & Policy

Eni seeks approval for decom ops offshore Australia

Eni Energy Bonaparte, an affiliate of Italy’s energy titan Eni, has submitted a revised environment plan for decommissioning operations at a field in the Bonaparte Basin in northern Western Australia to the Australian Commonwealth regulator, National Offshore Petroleum Safety and Environmental Manag

about 1 year ago
Carbon storage (illustration); Source: TGS
Regulation & Policy

Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’

The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as

about 1 year ago
The backs of a man and a woman holding onto a railing on a platform
Regulation & Policy

Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter.

about 1 year ago
Woodside delisting from London Stock Exchange
Regulation & Policy

Woodside delisting from London Stock Exchange

After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ

about 1 year ago
An illustration showing a lion breathing fire on planet Earth
Regulation & Policy

Environmental organizations remain ‘unwavering’ as they get SLAPPed with lawsuit by Eni

Italian oil and gas giant Eni has filed an official strategic lawsuit against public participation (SLAPP) against two non-governmental organizations (NGOs), Greenpeace Italy and ReCommon.

about 1 year ago
NYK’s engine facility for testing new marine fuels is up and running
Regulation & Policy

NYK’s engine facility for testing new marine fuels is up and running

Japanese shipping company NYK has started operating its test engine facility to evaluate the safety of new fuels and shorten review time, aiming for practical use within a period of three months. NYK broke ground on the test facility in Chiba Prefecture at the beginning of the year and put it into o

about 1 year ago
Illustration; Source: Petrobras
Regulation & Policy

Petrobras, Shell, and CNOOC ink deals for three blocks offshore Brazil

Petrobras, Shell, and CNOOC have signed three concession contracts for three blocks in the Pelotas Basin acquired at the public session held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in December 2023.

about 1 year ago