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Regulation & Policy

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Illustration; Source: Novatek
Regulation & Policy

EU puts its foot down on Russian oil & gas imports with gradual phase-out

The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a res

about 1 year ago
Åsgard B platform; Credit: Gudmund Nymoen/Equinor
Regulation & Policy

Major modifications at Norway’s offshore oil & gas field are a go

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Norwegian state-owned energy giant Equinor has received the blessing from the country’s authorities for the subsea tie-back in the Norwegian Sea to up the hydrocarbon production ante at its field off the coast of Norway.

about 1 year ago
IMO
Regulation & Policy

IMO delays adoption of shipping carbon tax in ‘might is right’ show

Governments at the International Maritime Organization (IMO) agreed to delay the planned adoption of the Net-Zero Framework (NZF) for one year in a vote at the Extraordinary Session of the Marine Environment Protection Committee (MEPC E.2) in London on October 17.

about 1 year ago
SBTi verifies ESL Shipping’s science-based net-zero targets
Regulation & Policy

SBTi verifies ESL Shipping’s science-based net-zero targets

Dry bulk cargo carrier ESL Shipping has received approval from the Science Based Targets initiative (SBTi) for its near and long-term emission reduction targets.

about 1 year ago
LR
Regulation & Policy

LR unpacks new guidance charting the path to nuclear propulsion at sea

The UK-based classification society Lloyd’s Register (LR) has issued new guidance aimed at offering the maritime industry its “first” roadmap for nuclear-powered shipping. Dubbed the “Navigating Nuclear Energy in Maritime”, the document reportedly offers a pathway for the “safe and responsible” use

about 1 year ago
BV
Regulation & Policy

BV to class Møre Sjø’s 2+2 hydrogen-powered cargo ships

French classification society Bureau Veritas Marine & Offshore (BV) has entered into a contract with Turkish Gelibolu Shipyard and German technology company eCap Marine for the classification of 2+2 hydrogen-powered cargo vessels to be built for Norwegian shipowner Møre Sjø AS.

about 1 year ago
COSL Prospector rig; Source: Canarship
Regulation & Policy

All systems go for Equinor’s drilling ops with Transocean and COSL rigs

Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors.

about 1 year ago
IMO NZF
Regulation & Policy

IMO NZF needs to include incentives for e-fuels, 20 green fuel producers say

Twenty green fuel producers have called on delegates of the International Maritime Organization (IMO) to seize a ‘once-in-a-generation’ opportunity to set shipping on a sustainable pathway.

about 1 year ago
Germany
Regulation & Policy

Germany first country to embark on Canada’s green shipping corridor initiative

Germany has become the first country to join a Canadian initiative to establish green shipping corridors.

about 1 year ago
NZF
Regulation & Policy

All eyes on London as maritime industry readies to adopt first global carbon pricing scheme

Despite being far from perfect, the world’s first global carbon pricing scheme on any international polluter—global shipping— is expected to be adopted next week.

about 1 year ago
Deepsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

about 1 year ago
CorPower Ocean takes leading role at Ocean Energy Europe
Regulation & Policy

CorPower Ocean takes leading role at Ocean Energy Europe

Wave energy developer CorPower Ocean has stepped up its support for Ocean Energy Europe (OEE), a network of ocean energy professionals, taking on the role of Lead Partner, according to OEE. CEO of CorPower Ocean Patrik Moller will continue to represent the company on the OEE Board of Directors, wher

about 1 year ago
Lloyd’s Register updates guidance on fuel cell installation on ships
Regulation & Policy

Lloyd’s Register updates guidance on fuel cell installation on ships

Lloyd’s Register (LR) has released updated guidance on the installation of fuel cells on ships.

about 1 year ago
Troll B platform; Credit: Øyvind Hagen/Equinor
Regulation & Policy

Equinor gets the all-clear to deploy export solution for North Sea gas

Equinor has received the Norwegian authorities’ blessing for a new gas export solution, which will create an alternative path for gas exports from a platform in the North Sea to bolster Norway’s energy security.

about 1 year ago