Woodside has revised its cost estimate and timeline for the first oil from the first phase of Senegal’s first offshore oil development.
The 129th session of the Council of the International Maritime Organization (IMO) has commenced, bringing together representatives from member states worldwide. The event takes place from the 17th to the 21st of July 2023. A key highlight of this session will be the election of the new IMO Secretary
Tullow Oil has brought on stream the second of four wells on a field located offshore Ghana while the remaining two are slated to come online later this year.
Petrofac has secured an integrated services contract with CNR International for an FPSO, which is working off the Ivory Coast, West Africa.
The energy transition towards low-carbon and green energy sources is gaining momentum worldwide, driven by rising climate and energy security concerns. That being said, the thorny road toward decarbonization always seems to be stuck between the need to ‘act now’ and find the ‘silver bullet’. The sen
The 80th session of IMO’s Marine Environment Protection Committee (MEPC 80) has initiated the review of the short-term measures, ie the Carbon Intensity Indicators (CII), Energy Efficiency Existing Ship Index (EEXI) and Ship Energy Efficiency Management Plan (SEEMP), by approving the plan for such a
The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s le
Tullow Oil has brought on stream the first of four wells on a field off Ghana while the remaining three are expected online later this year.
Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. With 62 orders secured in the first six months of 2023, metha
Technology company IDTechEx has predicted that the low-carbon hydrogen market will grow substantially over the next decade, reaching $130 billion by 2033. In its new report, “Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications,” IDTechEx evaluates the necessary components to
Boskalis has revealed that its largest semi-submersible heavy transport vessel has completed its first ??????????????? ???????.
Africa Oil Corp. has set out to increase its interest in a block it operates in the Orange Basin off South Africa.
