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Authorities & Government

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Illustration; Source: Terna
Authorities & Government

Final piece of European Investment Bank’s €1.9 billion financing puzzle for Italy’s subsea electricity link slides into place

Terna and the European Investment Bank (EIB) have inked a deal for the final tranche of the €1.9 billion financing for the Tyrrhenian Link.

about 2 years ago
Norve jack-up rig; Source: Borr Drilling
Authorities & Government

License extension off Cameroon comes while funding talks continue ahead of drilling ops

Tower Resources has secured a license extension of the first exploration period of a production-sharing contract (PSC) related to an asset offshore Cameroon.

about 2 years ago
Special purpose company established for potential Greek-Saudi electricity interconnector
Authorities & Government

Special purpose company established for potential Greek-Saudi electricity interconnector

Greece and Saudi Arabia have officially established a special purpose company for exploring the feasibility of an electricity interconnector between the two countries. The special purpose company Saudi Greek Interconnection was established by the Greek electricity grid operator Independent Power Tra

about 2 years ago
Courtesy of the European Commission; Credit: Mauro Bottaro
Authorities & Government

CCS, nuclear come under fire as EU sets 2040 climate goals, broadens scope of Net-Zero Industry Act

The European Council and Parliament reached a provision deal on Tuesday, February 6, on the ‘net-zero industry act’ (NZIA), a regulation that establishes a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem. The regulation aims at boosting the indus

about 2 years ago
Ariane
Authorities & Government

World’s first sailing hybrid industrial ship debuts with Ariane 6′ upper stage

The first flight model of the European next-generation rocket Ariane 6’s upper stage has been loaded onto Canopée, the world’s first wind-powered hybrid industrial cargo ship.

about 2 years ago
Sweden closes investigation on Nord Stream pipeline incident
Authorities & Government

Sweden closes investigation on Nord Stream pipeline incident

Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2

about 2 years ago
New South Wales and Tokyo expand partnership to include hydrogen
Authorities & Government

New South Wales and Tokyo expand partnership to include hydrogen

The Australian state of New South Wales (NSW) and Japan’s capital Tokyo have signed two memoranda of understanding (MoU) that center on topics such as clean economy transition and hydrogen. According to the NSW Department of Planning and Environment, the first MoU marks a renewed commitment to progr

about 2 years ago
US states ‘doubling down’ on offshore wind, says Oceantic Network
Authorities & Government

US states ‘doubling down’ on offshore wind, says Oceantic Network

The U.S. is committed to offshore wind and is looking to advance its development, according to Liz Burdock, President and CEO of Oceantic Network, formerly known as Business Network for Offshore Wind, a non-profit organization that provides networking, communications and educational platforms to sup

about 2 years ago
Suez Canal
Authorities & Government

Can plunge in Suez Canal earnings prompt Egypt to broker peace to end Red Sea crisis?

The escalation of attacks on commercial ships in the Red Sea by the Houthi armed forces is further intensifying after increased air strikes by the U.S. and UK forces in Iraq, Syria, and Yemen. Paradoxically, the military intervention has not deterred the Houthi rebels, who have promised further reta

about 2 years ago
Green light for Italy's €1.3 billion, 1 GW submarine power line
Authorities & Government

Green light for Italy’s €1.3 billion, 1 GW submarine power line

Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de

about 2 years ago
Arsenio Dominguez IMO
Authorities & Government

IMO’s decarbonization focus tested amid escalating Red Sea tensions

Following a major step to create a regulatory framework for the full decarbonization of the maritime industry with the adoption of a revised Greenhouse Gas (GHG) strategy in July last year and alignment with the objectives of the Pairs Agreement on curbing global warming, the International Maritime

about 2 years ago
India
Authorities & Government

India rolls out program to support green hydrogen ship retrofits

India’s government has released a new scheme that aims to support retrofitting existing vessels to run on green hydrogen.

about 2 years ago
France-Scotland alliance to boost hydrogen deployment
Authorities & Government

France-Scotland alliance to boost hydrogen deployment

France Hydrogène and the Scottish Hydrogen & Fuel Cell Association (SHFCA) have signed a memorandum of understanding (MoU) to strengthen collaboration and cooperation between the two organizations and accelerate the deployment of hydrogen for the transition to net zero. According to the SHFCA, the p

about 2 years ago
Transocean Norge; Source: Transocean
Authorities & Government

Wintershall Dea’s drilling ops with Transocean rig cleared for take-off

Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

about 2 years ago
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