U.S. offshore engineering and construction firm McDermott has secured classification from the American Bureau of Shipping (ABS) for its pipelay vessel that recognizes its environmental performance, including energy efficiency, waste management, emissions reduction, and coastal ecosystem preservation
Industry associations, including Methanol Institute, Europex and Hydrogen Europe, have called on the European Union (EU) to refine the “Low-Carbon Fuels Delegated Act.”
Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).
New Fortress Energy (NFE) has wrapped up another liquefied natural gas (LNG) cargo loading at its floating LNG (FLNG) unit off the coast of Altamira, Mexico. This cargo is destined for the firm’s LNG import and regasification facility in Puerto Rico, which the U.S. firm is interested in continuing t
Considering the rising focus on energy security, Wood Mackenzie has pointed out that Britain could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.
Despite the promising progress of wind propulsion in shipping, its uptake remains hindered by regulatory barriers, technical challenges, and a lack of confidence among industry stakeholders, classification society Bureau Veritas (BV) said in a recent report.
The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.
Norwegian oil and gas company OKEA has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off the coast of Norway.
Shelf Drilling has now received the Norwegian offshore safety regulator’s stamp of approval after the watchdog’s initial rejection of its application to obtain an acknowledgment of compliance (AoC) for one of its jack-up rigs, which is gearing up for work on the Norwegian Continental Shelf (NCS) wit
In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren
Singapore’s electricity regulator the Energy Market Authority (EMA) has given conditional approval for a project that will harness and store renewable energy from Australia and transmit it to Singapore via a high-voltage direct current (HVDC) transmission system, two months after the Australian Gove
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-
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.
Significant work is clearly needed to reach agreement on the regulations that will bring shipping to net zero in 2050, Klaveness Combination Carriers (KCC), part of Norwegian shipping company Torvald Klaveness, said.
