The High Court in Makhanda has ruled that Shell’s exploration right to conduct seismic surveys on the Wild Coast of South Africa was granted unlawfully, setting it aside and putting an end to the months-long battle between climate activists and the oil major. The case sought to review the exploratio
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization.
The Suez Canal was blocked for several hours after an oil tanker got stranded in the single-lane stretch of the canal — nearly the same spot where the Ever Given containership remained stuck for days in March 2021.
Scana-owned PSW Technology has signed an agreement with Odfjell Drilling for the delivery of marine risers to operations in West Africa. The agreement covers the rental of a complete riser package for a period of a minimum of 18 months. The risers will be used in Odfjell’s upcoming operations in Wes
Norway’s Solstad Offshore has won four new contracts with companies from the offshore wind and oil & gas industries for its subsea construction vessels (CSVs). The contracts have been awarded for Normand Australis, Normand Fortress, Normand Frontier and Normand Navigator. Activities will be carried
The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.
Global investor in sustainable infrastructure Actis has signed a memorandum of understanding (MoU) with the Egyptian government for green hydrogen development.
The World Shipping Council (WSC) has highlighted three key suggestions to support progress and ensure that the IMO regulations are effective in driving the transition to alternative fuels and propulsion technologies in the global shipping industry. “This is the time for open-minded discussions and a
Northern Ocean has secured a contract award from Shell for operations in Namibia, where the major made an oil discovery earlier this year.
FAR has consolidated its ownership of two Gambian blocks and is looking for partners to fund the exploration programme for these blocks.
As global CCUS capacity is nearing 1 billion tonnes per annum, Wood Mackenzie believes that more is needed to meet net-zero goals by 2050.
The global marine scrubber market is estimated to achieve a market size of $16.38 billion by 2030, according to a new report issued by Acumen Research and Consulting.
