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Regulation & Policy

Five Noble rigs to join Shelf Drilling’s fleet for $375 million

Shelf Drilling has inked a deal with Noble to buy five jack-up rigs, which are being sold to address concerns about the Noble-Maersk merger.

about 4 years ago

Regulation & Policy

Two players join forces to research carbon capture and global supply chain

American Bureau of Shipping (ABS) has teamed up with TAMUQ to launch a study into carbon capture and the global supply chain.

about 4 years ago

A photo of the G7 ministers at the meeting in Berlin in May 2022

Regulation & Policy

In focus: G7 puts fossil fuel financing in crosshairs, commits to electricity sector decarbonization

The latest meeting of the G7 ministers for climate, energy, and environment has resulted in further commitments from the world’s most developed countries to curb the rise in global temperatures to 1.5°C and assist the countries affected the most by climate change. One of the commitments that stands

about 4 years ago

Regulation & Policy

Offshore Energy Exhibition & Conference 2022: Registration is now live!

Register before the 24th of June and receive a 25% discount on your event ticket. From today, it is possible to register for the Offshore Energy Exhibition & Conference (OEEC) 2022. Europe’s leading exhibition and conference connects the entire offshore energy sector. The two-day event taking place

about 4 years ago

IRENA assembly at 23rd council meeting (Courtesy of IRENA)

Regulation & Policy

IRENA: Francesco La Camera up for re-election as call for inclusive energy transition reverberates

High-level delegates from 100 countries have discussed International Renewable Energy Agency’s (IRENA’s) medium-term strategy and director-general’s re-election at 23rd council meeting.

about 4 years ago

UN spearheads efforts to raise $80 million to prevent major oil spill off Yemen

Regulation & Policy

UN spearheading efforts to raise $80 million to prevent major oil spill off Yemen

The UN is working on raising the funds for the implementation of its plan to address a threat posed by an FSO unit off the Yemen coast.

about 4 years ago

Regulation & Policy

This year’s oil & gas payments to governments to smash records, Rystad says

High commodity prices and increasing oil & gas supply are set to push upstream sector payments to governments to an all-time high, Rystad says.

about 4 years ago

Regulation & Policy

World Bank: How can carbon revenues support the green transition of shipping?

The money raised through carbon pricing could be allocated towards many purposes. The decarbonization of the shipping industry itself is priority number one, according to a new report released by the World Bank.

about 4 years ago

Regulation & Policy

IEC updates terminology to reflect marine energy sector’s ‘coming of age’

Technical Committee 114, in charge of developing international standards for marine energy at the International Electrotechnical Commission (IEC), has modified and updated its strategy for the marine energy sector to better reflect its maturity level.

about 4 years ago

Regulation & Policy

Acteon to grow its operations by buying Oceaneering’s decom assets and staff

Claxton, Acteon’s drilling and decommissioning segment, has inked a deal with Oceaneering to acquire its decom personnel and assets.

about 4 years ago

Regulation & Policy

Shipping industry: Planned $5B R&D fund could support developing countries’ decarbonization

Representatives of the global shipping industry, supported by governments, have laid out proposals on how a planned global R&D fund can be tailored to support developing economies.

about 4 years ago

Site visit to EWP-EDF One wave energy project in Israel (Courtesy of Eco Wave Power)

Regulation & Policy

Eco Wave Power showcases wave power progress to Portuguese ambassador

Swedish-Israeli company Eco Wave Power has welcomed the ambassador of Portugal to Israel Jorge Cabral on a site visit to the EWP-EDF One wave energy project being developed in Israel.

about 4 years ago

The grid connection route works in the Port of Jaffa (Courtesy of Eco Wave Power)

Regulation & Policy

Cabling works complete for Israeli wave energy project

Eco Wave Power has completed the cabling works required to connect the wave energy project, being developed in collaboration with EDF, to Israeli power grid.

about 4 years ago

Nakilat grants LNG carrier fleet CAP contract to Bureau Veritas

Regulation & Policy

Bureau Veritas to assess condition of Nakilat LNGC fleet

Qatari LNG shipping operator Nakilat has awarded a three-year contract to Bureau Veritas (BV) to carry out Condition Assessment Programmes (CAP) for its LNG carrier fleet.

about 4 years ago