U.S. President Joe Biden has suspended oil and gas leases in the Arctic National Wildlife Refuge, reversing former President Trump’s decision.
Norway’s PSA has given Equinor consent to use a Floatel International-owned accommodation rig on the Martin Linge field off Norway.
Swire Shipping plans to sign the building contract for the first pilot vessel of the Project Cerulean by the end of June 2021. The project, announced two years ago, aims to develop low-carbon, low-cost sail-assisted inter-island cargo vessels to serve communities in the Pacific that lack cargo handl
Due to challenges faced in constructing the hull and equipment for the Johan Castberg FPSO, the project is now about a year behind schedule.
Scrapping of the Floating Storage and Offloading (FSO) tanker J. NAT in Gadani, Pakistan, has been suspended by local authorities following intoxication and burning of workers, NGO Shipbreaking informed. The tanker hit the shipbreaking shores of Gadani recently, after going several months off the ra
Oil and gas giant Equinor has concluded the drilling of a wildcat well in the Barents Sea, but the well is dry.
IMO’s working group has agreed on a set of draft guidelines to support mandatory measures approved by the Marine Environment Protection Committee (MEPC) to cut the carbon footprint of all ships.
Australian authorities have issued a record ban to Aswan Shipping, the owners of Panama-flagged bulk carrier MV Maryam, preventing the vessel from entering any Australian port for three years. The ban comes in response to major safety and maintenance issues, along with crew welfare abuses, according
The shipping industry must reach zero emissions by 2050, and to get there zero-emission ships must become the dominant and competitive choice by 2030, an op-ed signed by big industry names insists. This means that the International Maritime Organization (IMO) would need to step up and revise its dec
California’s Port of Long Beach, the second-busiest container port in the United States, has adopted a new amendment to its Green Ship Incentive Program, now offering “the world’s most generous sustainable vessel financial incentives.”
The discussion on carbon pricing in the maritime industry is heating up, as industry stakeholders urge for a market-based measure to finally incentivize the sector’s decarbonization journey. In a nutshell, carbon pricing would impose a cost on emitting greenhouse gases (GHGs), pushing the sector to
Talos Energy believes it is best positioned to operate the giant Zama field discovery located offshore Mexico.
U.S. offshore safety authority has launched an investigation into a fatal incident on a Fieldwood Energy platform in the Gulf of Mexico.
Three Norwegian unions broke off negotiations with the Norwegian Shipowners’ Association and will be heading to mediation.
