The IMO member states have agreed to give further consideration to the industry-led proposal for the establishment of a $5 billion research and development fund aimed at accelerating the introduction of zero-emission technologies into the shipping industry. The fund is being proposed as the shipping
A new consortium of international companies has been established under the name of Climate Power Plant Zeeland with the aim of building and operating a tidal power plant in the Dutch province of Zeeland.
The US Federal Maritime Commission has launched an investigation into cargo-related practices that are having a negative impact on congestion and amplifying bottlenecks at the ports of Long Beach, Los Angeles, New York and New Jersey.
European Union’s Offshore Renewable Energy Strategy, published on 19 November and targeting as much as 300 GW of installed offshore wind capacity by 2050, also outlines the goal of supporting green hydrogen production. In anticipation of the launch of the new Renewable Hydrogen Coalition, it is ever
Swedish developer Novige has secured funding from Sweden’s innovation agency Vinnova for the development of its NoviOcean wave energy prototype.
TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.
The Danish government has identified areas in the North Sea and the Baltic Sea suitable for the development of the energy island projects. Back in June, Denmark approved the development of the two energy islands, one in the North Sea and one in the Baltic Sea, with a combined capacity of 5 GW. Both
Equinor has received consent from Norway’s offshore safety agency for the life extension of the Tune and Tune Sør developments located in the North Sea.
The Clean Arctic Alliance slammed the decision by the International Maritime Organization (IMO) to approve a ban on the use and carriage of heavy fuel oil in the Arctic (HFO), saying that it would leave the Arctic, its Indigenous communities and its wildlife facing the risk of a HFO spill for anothe
Repsol Sinopec has received approval from the UK authorities for preparation work scopes relating to the decommissioning of the Fulmar and Auk North installations.
Norwegian offshore safety agency has found nonconformities following audits of the Equinor-operated Johan Castberg and Kristin projects in Norway.
Oil and gas company Talos Energy was the high bidder on two deepwater blocks in the recent Outer Continental Shelf (OCS) Federal Lease Sale 256, held on 18 November.
FPSO owner BW Offshore has reached an agreement with the government of New Zealand to cover the costs of continued operations of the stranded FPSO Umuroa.
In a last-ditch effort to open up more acreage for offshore drilling, the Trump administration proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska.
