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Regulation & Policy

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Depsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Norwegian oil & gas firm all set to spud North Sea wildcat

Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Regulation & Policy

Aker BP gets all-clear to drill North Sea prospect with Saipem rig

Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

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about 3 years ago
The AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Regulation & Policy

MeyGen sets record with world’s first 50GWh of electricity generated by tidal energy

The MeyGen tidal energy project, developed by SIMEC Atlantis Energy, has become the first tidal stream array in the world to generate 50GWh of clean electricity from tidal energy.

about 3 years ago
Shipping; Illustration
Regulation & Policy

Shipping industry urges UN to evacuate 300+ seafarers still trapped in Ukrainian ports

Over 30 maritime organisations and companies are urging the United Nations Secretary-General to prioritise the immediate release of the 331 seafarers and 62 ships that remain trapped in Ukrainian ports. Since the onset of the war, the international shipping community has continually called for the i

about 3 years ago
Biofuels
Regulation & Policy

Biofuels: the low-hanging fruits ensnared in policy gaps

Biofuels have emerged as a promising solution that can be implemented without significant changes to existing infrastructure. Nevertheless, there are numerous challenges hampering their wider adoption.

about 3 years ago
Wan Hai
Regulation & Policy

Elegant Exit Company buys Wan Hai veteran for green recycling

Netherlands-based Elegant Exit Company (EEC) has acquired the Wan Hai 165, a containership built in 1998, from Taiwanese shipping company Wan Hai Lines. The vessel was put up for demolition sale as part of a wider bidding process Wan Hai launched at the end of last year covering ten end-of-life cont

about 3 years ago
Illustration; Source: Westwood
Regulation & Policy

Big oil to keep capital investment taps closed despite collecting $283 bln in 2022, says Westwood

Westwood looks into the conundrum concerning the cashflow and capex of five supermajors: BP, Shell, Chevron, ExxonMobil and TotalEnergies.

about 3 years ago
GINA Oldendorff
Regulation & Policy

Oldendorff moves forward with Yara scrubber installations on Capsesize newbuilds

German dry bulk operator Oldendorff Carriers has named its second Cazesize newbuilding built by Namura Shipbuilding in Japan. The vessel was named M/V Gina Oldendorff and follows the delivery of its sistership Alice Oldendorff, which was built also built by Namura and handed over in November 2022. B

about 3 years ago
© Carisbrooke Shipping
Regulation & Policy

Carisbrooke Shipping to trial hydrogen engine on board one of its vessels

UK-based shipping company Carisbrooke Shipping has partnered with London-based tech startup Carnot Ltd whose consortium has been awarded £2.3M to develop a zero-emission hydrogen auxiliary engine demonstrator. Following design, simulations and rigorous testing, the single-fuel hydrogen 50kW engine w

about 3 years ago
cimc gROUP
Regulation & Policy

CIMC Group: MSC’s recently ordered LNG-powered boxships will be ammonia-ready

Although liner heavyweight Mediterranean Shipping Company (MSC) is trying to keep its ordering of new boxships on the down low, details have emerged of the company’s ten recently ordered LNG dual-fuel containerships. The order was confirmed by China’s CIMC Group, which disclosed that the constructio

about 3 years ago
LNG Bunkering
Regulation & Policy

ECSA calls for inclusion of fuel suppliers under the scope of FuelEU Maritime

The European Community Shipowners’ Associations (ECSA) calls on the European Parliament and the Council to support the mandatory inclusion of fuel suppliers under the scope of FuelEU Maritime as proposed by the European Parliament in Amendment 129. The amendment approved on October 19th says that if

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Regulation & Policy

Two shallow gas pilot holes on Aker BP’s drilling agenda in Norwegian Sea

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian Sea.

about 3 years ago
Equinor's 20-year-old Norwegian Sea field gets lifetime extension
Regulation & Policy

Equinor’s 20-year-old Norwegian Sea field gets lifetime extension

The Norwegian Petroleum Directorate (NPD) has granted Equinor consent for the extended use of the subsea facility on the Mikkel field in the Norwegian Sea for another five years. Mikkel lies on the Halten Bank, 35 kilometers south of the Midgard deposit in the Åsgard license. It produces through the

about 3 years ago
Scarabeo 8 rig; Source: Vår Energi
Regulation & Policy

Aker BP getting ready to spud North Sea prospect with Saipem rig

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago