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14 shallow and deepwater blocks up for grabs in Guyana’s first offshore oil & gas licensing round

Regulation & Policy

14 blocks up for grabs in Guyana’s first offshore oil & gas licensing round

The Guyana 2022 licensing round has been launched, offering 14 blocks for bids in the shallow and deepwater areas.

about 3 years ago

Regulation & Policy

‘World’s first’ design approval for compressed hydrogen carrier awarded to Provaris

Australian Provaris Energy, former Global Energy Ventures (GEV), has obtained design approval from classification society American Bureau of Shipping (ABS) for its compressed hydrogen carrier H2Neo. ABS has reviewed, verified and approved the design of Provaris’ 26,000 m3 H2Neo compressed hydrogen c

about 3 years ago

Regulation & Policy

In focus: Gas still runs the show but bets on hydrogen threaten to steal it

Will the increase in investments enable hydrogen to dethrone gas as the key player in the energy decarbonisation game?

about 3 years ago

Regulation & Policy

Spain opts to transport hydrogen instead of gas via Barcelona-Marseille subsea pipeline as it eyes EU funding

The Spanish government has decided that the future subsea pipeline between Barcelona and Marseille, which was initially supposed to carry gas in its first phase, will only be carrying green hydrogen. The pipeline, now dubbed H2Med, was proposed in October as a substitute for the so-called MidCat pip

about 3 years ago

Plan for SolarDuck's offshore floating demonstrator in Tokyo Bay (Courtesy of SolarDuck)

Regulation & Policy

SolarDuck set to build Japan’s first offshore floating solar demonstrator

Dutch-Norwegian company SolarDuck has been awarded a contract to develop Japan’s first offshore floating solar power generation and automated sailing boat technology demonstrator together with local partners.

about 3 years ago

Regulation & Policy

Report: Gas price caps could put exploration investments and energy security at risk

Gas price caps would decrease the incentive for exploration in Australia and risk security of long-term supply, says report.

about 3 years ago

Regulation & Policy

IMO ready to make the plunge toward zero emissions goal by 2050?

Countries seem to be prepared to phase out shipping’s emissions by 2050, based on the first rounds of technical talks at the UN’s maritime regulator International Maritime Organization (IMO). Furthermore, support appears to be building for the IMO to also adopt an ambitious 2030 interim target for c

about 3 years ago

Congressman Paul Tonko (Courtesy of Tonko.house.gov)

Regulation & Policy

New York sets sights on floating solar

Congressmen Paul Tonko and Jared Huffman of the State of New York have introduced a bill that will support research and deployment of floating solar technology with the aim of producing renewable energy and protecting vital water resources.

about 3 years ago

Regulation & Policy

Is gas greener than oil in terms of emissions?

While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.

about 3 years ago

Regulation & Policy

Industry calls for higher ambition in FuelEU, introduction of performance multipliers

Danish Shipping, Methanol Institute, and World Shipping Council are calling for increased ambition in the FuelEU, maximising GHG intensity reduction from 2035 to 2050 and supporting early use of green e-fuels. The FuelEU Maritime proposal requires ships to reduce the GHG intensity of their fuels by

about 3 years ago

Regulation & Policy

Clean Marine gears up for another flurry of scrubber orders

Another surge of scrubber retrofit orders seems to be on the cards as owners seek to reap fruits from the VLSFO- HSFO (Hi-5) spread. The lead-up to IMO 2020 saw a peak interest in scrubber investments as shipowners lined up to get vessels retrofitted or built with scrubbers in shipyards. However, ov

about 3 years ago

The signing of the agreement between Ordu Enerji and Eco Wave Power (Courtesy of Eco Wave Power)

Regulation & Policy

Eco Wave Power signs deal for 77MW wave energy plant in Black Sea

Eco Wave Power has entered into an agreement with OREN Ordu Enerji for the potential construction of an up to 77MW wave energy installation in Ordu in Türkiye.

about 3 years ago

Regulation & Policy

Report: Start-up of Lubmin LNG terminal delayed

The launch of operations at the floating liquefied natural gas (LNG) terminal in Lubmin, Germany, has been delayed for several weeks, according to reports by Der Spiegel news magazine. Germany’s first private LNG terminal was scheduled to begin operations at the beginning of December. The first floa

about 3 years ago

Regulation & Policy

Mærsk Mc-Kinney Møller Center outlines 4 key actions to fast-track decarbonization

The maritime industry must take immediate collective action on an unprecedented scale to bring the decarbonization of the industry closer to the Paris 1.5°C trajectory, according to Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. International and domestic shipping uses approximately 12.6 EJ

about 3 years ago