Equinor’s plan for development and operation (PDO) of the Breidablikk field in the North Sea has been approved by Norwegian authorities.
A court has ordered Eni to place part of its revenues from a field in Ghana in an escrow account until a unitisation agreement is reached with Springfield.
The Australian Maritime Safety Authority (AMSA) announced it was conducting research throughout 2021 into how Very Low Sulphur Fuel Oils (VLSFOs) behave if spilled into the Australian marine environment. The purpose of the study is to develop national arrangements, policies and principles for the ma
An EU law intended to drive the uptake of clean fuels by ships will actually lock in the use of fossil fuels for decades, Transport & Environment (T&E) said citing a leaked proposal of a law mandating ships to progressively switch to sustainable marine fuels. Specifically, the current draft would le
Seven oil and gas companies have been offered four production licences located offshore Norway as part of the country’s 25th Licensing Round.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has decided to form a global research and development (R&D) alliance focused on the development of innovative shipbuilding technologies.
Electrification and hybridization of ships have been picking up in the industry for a while now, being the predominant choice for short-sea shipping. There are several solutions on the market to choose from such as shore power connection, battery hybrid solutions, shaft generators, or alternative el
Ofgem has granted an updated UK Interconnector Licence for the NeuConnect interconnector between the UK and Germany. NeuConnect was first awarded an interconnector licence in 2018 but it was necessary for the project to seek variations to Ofgem’s existing Cap and Floor regulations. In May 2020, Ofge
UK’s Oil and Gas Authority has issued an updated guidance on flaring and venting, which sets out a tougher approach to driving reductions.
Oil and gas company TAQA has filed its decommissioning programme for the Cormorant Alpha platform topsides to the UK authorities.
Unemployed maritime workers from around Australia plan to stage a protest in front of the Parliament House in Canberra on Tuesday to demand urgent action from the Morrison Government to strengthen the Australian shipping industry. Maritime workers are demanding for the Federal Government to work wit
Eimskip and the Icelandic Competition Authority have reached a settlement over a collusion case investigation linked to the Dutch company Samskip. The competition case has been under investigation for the past years, where the main period of investigation was 2008 to 2013. The Icelandic shipping com
BIMCO, the world’s largest shipowners’ association, is looking at a number of initiatives to approach how shipping can reduce its plastics footprint in light of delays in international action and discussion.
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. Under its revised vision, released earlier today, the company has set sights on reducing GHG e
