Norwegian state-owned energy giant Equinor has completed the drilling of an appraisal well in the North Sea but failed to find hydrocarbons.
Dry bulk shipping company Golden Ocean Group Limited (GOGL) has purchased three scrubbers that will be installed on three of its Capesize vessels due for drydock in 2023. The company assigned $1.2 million for the purchase, excluding installation costs. Scrubbers, also known as exhaust gas cleaning s
Workers employed by Wood Group on TAQA platforms and Petrofac on one of Ithaca’s platforms are being balloted for strike action.
The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the industry’s commitment to meet 2050 net-zero carbon goals. The proposal champions a Fund and Rewar
Bureau of Ocean Energy Management (BOEM) has made adjustments to monetary penalties for oil and gas companies, implementing the 2023 inflation adjustments.
Norway’s offshore engineering contractor Aker Solutions has revealed that its subsidiary CSE in Brazil was subjected to a cyber attack, which impacted its IT systems.
Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them
Santos has received acceptance from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) of the Offshore Project Proposal (OPP) relating to its operated Dorado oil project offshore Australia.
Voyage optimization can reduce emissions by 7.3% and extend CII compliance by up to three years, according to the findings of a study conducted by maritime software and data analysis expert NAPA and classification society ClassNK with Marubeni Corporation. The joint research was carried out using NA
Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
Saipem has entered into two new credit facilities totalling around €860 million with a pool of leading national and international banks.
The number of wind-installed vessels is set to double in the next twelve months, according to estimates from the International Windship Association (IWSA). At the moment, the wind-assisted cargo capacity is standing at 1.4 million dwt with 22 large ships installed, 2 wind-ready ships, and a further
The European Commission has proposed detailed rules to define what constitutes renewable hydrogen in the European Union (EU), with the adoption of two delegated acts required under the Renewable Energy Directive. The acts are part of a EU regulatory framework for hydrogen which includes energy infra
More than 700 offshore members at Bilfinger UK Limited are set to be balloted on strike action in a dispute over pay, says Unite the union.
