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Environment

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Deepsea Stavanger rig; Source: Odfjell Drilling
Environment

Two North Sea wells lined up for Equinor

Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.

about 3 years ago
MSC
Environment

MSC: ‘We are willing and ready’ to further adopt alternative fuels

World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt

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about 3 years ago
Noble Invincible (former Maersk Invincible); Source: Noble Corporation
Environment

Aker BP gets all-clear to deploy Noble rig at North Sea oil & gas field

Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs at a field located in the North Sea off Norway.

about 3 years ago
DUH objects to planned pipeline for the LNG terminal off Rügen in Germany
Environment

DUH objects to planned pipeline for the LNG terminal off Rügen in Germany

The German Environmental Aid (Deutsche Umwelthilfe – DUH) has objected to the construction of a pipeline to connect the planned LNG terminal off Rügen in Germany and asked the responsible Stralsund Mining Authority to refuse the permit. According to DUH, the terminal, with a capacity of up to 38 bil

about 3 years ago
Prysmian to use €120 million loan for innovation and digitalization
Environment

Prysmian to use €120 million loan for innovation and digitalization

Italy’s cabling giant Prysmian has secured a €120 million loan from Italian investment bank Cassa Depositi e Prestiti (CDP) which will be invested in R&D for network upgrading purposes. The loan will be used to support R&D plans focused on the implementation of innovative technologies and contribute

about 3 years ago
Five companies in line for carbon storage acreage in Norway's water
Environment

Five companies in line for carbon storage acreage in Norway’s waters

The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul

about 3 years ago
ammonia-powered
Environment

Maersk Mc-Kinney Moller Center: Emission risks won’t be a showstopper for ammonia-based fuels

The toxicity of ammonia as potential zero-emission fuel of the future for the shipping industry might be solvable after all despite all the hype over its likely impact on the safety of seafarers. There have been a lot of discussions about the dangers of potential releases of ammonia on board during

about 3 years ago
Illustration; Source: Worley
Environment

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
Illustration; Source: International Energy Agency (IEA)
Environment

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

about 3 years ago
Illustration; Source: DNV
Environment

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago
Port of Hamburg
Environment

BSM: EU ETS will have extensive impact on our and our clients’ business

Maritime services company Bernhard Schulte Shipmanagement (BSM) is developing an IT platform that will cover the entire compliance process with the EU Emissions Trading System (ETS) set to be introduced in 2024, the company said. The platform will focus on handling compliance, data collection and ve

about 3 years ago
Port
Environment

BPA: More than one in ten port regulations in need of urgent reform

The British Ports Association (BPA) has mapped out some of the most important pieces of legislation and regulation that affect ports and rated their suitability to the industry. The regulatory assessment identified 140 regulations, codes, and laws that affect ports. According to BPA, 12% of these we

about 3 years ago
CMA CGM
Environment

Green Ray project targeting methane slip from LNG-fuelled engines wins EU backing

The Green Ray project, led by a consortium of companies across the shipping supply chain, has won funding from the European Union to develop solutions minimizing methane slip from marine engines. The funding worth €7 million has been secured through Horizon Europe, the EU’s key funding program for r

about 3 years ago
Constellation vessel; Source: Saipem
Environment

Saipem turns to biofuels for its drilling and construction fleet

Saipem is pooling resources with Eni to add renewable fuels to its arsenal, which would be used for its drilling and construction vessels.

about 3 years ago