ORLEN Upstream Norway, part of Poland’s ORLEN Group and formerly known as PGNiG Upstream Norway (PUN), has decided to withdraw from the Polaris CO2 exploration license, the only CO2 storage located in the Barents Sea, with Horisont Energi now assessing the way forward for the project. The Polaris li
NAM, a 50/50 joint venture (JV) between the UK-based Shell and the U.S.-headquartered ExxonMobil, is expecting to close its exploration and gas production chapter in the North Sea after more than 60 years next year. However, the inability to settle the dispute regarding the end of gas extraction act
The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected ABS to establish and maintain the U.S. Center for Maritime Innovation under a five-year cooperative agreement.
UK regulator North Sea Transition Authority (NSTA) and The Crown Estate, manager of the seabed and renewable energy rights within the economic zone in England, Wales and Northern Ireland, have signed a new Statement of Intent as part of joint aspirations to ensure a more sustainable and closely coor
The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh
Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues it
Nordic energy company Gasum has joined forces with Finnish shipping company Wasaline to build the first large-scale commercial FuelEU Maritime pooling service, providing a way for conventional fuel vessels to save on compliance costs as the regulation enters into force in January 2025. Established t
Liverpool City Region Mayor has unveiled that the first public consultation for the Mersey Tidal Power project started just days after the formal planning process was initiated. This six-week consultation allows the public and local organizations to review and comment on the project’s early proposal
A new project, aimed at enhancing safety and environmental responsibility in the ship recycling industry, while upholding global labor rights standards, has been launched in Pakistan.
The European Commission (EC) has published the final terms and conditions (T&Cs) for its second auction for the production of renewable hydrogen (IF24 Auction), via the Innovation Fund.
The European Sea Ports Organisation (ESPO) and the Federation of European Private Port Companies and Terminals (FEPORT) are calling for an EU-wide mandatory tax exemption for onshore power supply (OPS) in the compromise text on the revised Energy Taxation Directive (ETD).
Reflecting on the recently published Draghi report, European Community Shipowners’ Associations (ECSA) have presented in a position paper their recommendations to support the uptake of clean fuels in shipping.
Wärtsilä is helping future-proof gas infrastructure with its reliquefaction systems, which it will deliver for retrofit and installation onboard an FSRU, owned by the U.S.-based Excelerate Energy, a liquefied natural gas (LNG) giant.
Maritime industry leaders, representing both the private and public sectors, have issued a joint call on the International Maritime Organization (IMO) Member States for a strong and global regulatory framework that accelerates the use of zero and near-zero greenhouse gas (GHG) fuels.
