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Regulation & Policy

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IMO Assembly
Regulation & Policy

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned

about 10 months ago
Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams
Regulation & Policy
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Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

about 11 months ago
Illustration; Source: International Energy Agency (IEA)
Regulation & Policy

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi

about 1 year ago
FSRU Hoegh Galleon; Source: Höegh LNG
Regulation & Policy

Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi

about 1 year ago
Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation
Regulation & Policy

Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation

Stargate Hydrogen, an Estonia-based deep-tech and green hydrogen technologies manufacturer, has signed a memorandum of understanding (MoU) with the Research, Development, and Innovation Authority (RDIA) of Saudi Arabia to boost hydrogen innovation.

about 1 year ago
IEA highlights role of policy in advancing hydrogen projects
Regulation & Policy

IEA highlights role of policy in advancing hydrogen projects

Scaling up hydrogen is no longer primarily a technology challenge but a policy one, as most announced projects remain stalled without long-term demand signals and government backing, according to the International Energy Agency (IEA).

about 1 year ago
Valaris DS-12 drillship; Source: Valaris
Regulation & Policy

BP’s dash for gas: Five-well drilling campaign on Mediterranean’s horizon

BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by striking a deal with Egypt for a multi-well drilling campaign, which is expected to yield new finds that will prolong the lifespan of existing production facilities in the West Nile Delta.

about 1 year ago
new report
Regulation & Policy

Methanol Institute and Saudi Arabia join forces to advance maritime sustainability

Trade association Methanol Institute (MI) and Saudi Arabia’s Transport General Authority (TGA) have signed a memorandum of understanding (MoU) to advance maritime safety and sustainability.

about 1 year ago
Yara
Regulation & Policy

Hydrogen associations team up to drive uptake of hydrogen value chains

Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions.

about 1 year ago
CSSC
Regulation & Policy

As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia

China and Saudi Arabia intend to strengthen their collaboration in the maritime sector, especially in shipbuilding, where China holds a leading position globally.

about 1 year ago
SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Regulation & Policy

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago
NextGeo finalizes acquisition of share in 61-year-old Italian subsea services firm
Regulation & Policy

NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening it

about 1 year ago
DP World
Regulation & Policy

DP World to breathe new life into Syria’s Port of Tartus

The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus.

about 1 year ago
Illustration; Source: ADES
Regulation & Policy

Tragic incident in Gulf of Suez: Four dead, three missing as jack-up capsizes

ADES has disclosed a towing incident in Egypt’s Gulf of Suez, involving a jack-up barge unit owned by its subsidiary and operating within a key oil zone in Egyptian territorial waters.

about 1 year ago