Danish shipping companies have 51 new vessels under construction, and 25 of them can sail on green fuels, according to a new analysis from Danish Shipping, a trade and employer organisation for more than 90 shipowners and offshore companies. Right now, there is a total of orders for 51 new vessels f
QED Naval, a Scotland-based tidal energy company, has secured over €1.7 million of funding with 1,152 investors taking part in its Seedrs crowdfunding campaign.
To ramp up and maintain gas production from a field off Iran, Pars Oil and Gas Company unveiled plans to drill 35 new wells at this field.
The European Union, United States, United Kingdom, Canada, Japan, Norway and Singapore have signed a joint declaration on reducing greenhouse gas emissions from fossil fuels, committing to take rapid action to address the climate and energy security crises. The parties said they affirm the need to a
TotalEnergies and Eni are gearing up to launch exploration activities in an offshore block located in the Lebanese waters.
Egyptian President Abdel-Fattah El-Sisi is calling for an acceleration of efforts to turn the Suez Canal Economic Zone into a clean energy and green fuels production hub. In a meeting with government officials held to discuss ongoing projects in the SCZone, President El-Sisi gave directives to focus
Westwood has found that Norway leads the way in the adoption of emission-reducing modifications for offshore rigs.
The North Sea Transition Authority (NSTA) has granted oil and gas development company Orcadian Energy a one-year extension for license P2244, which contains the Pilot oilfield. The Second Term of the license was due to expire at the end of this November and has now been extended to the end of Novemb
The shipping industry is waking up to the fact that it needs to do something now to decarbonize, and ESG rightfully sits firmly alongside safety as a key decision driver in the industry, Matt Dunlop, Sustainability & Decarbonisation Director at V.Group said in an interview with Offshore Energy. Matt
Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca
Norway’s safety regulator is investigating an incident involving “serious personal injury” on a jack-up rig, working in the North Sea.
UK regulator North Sea Transition Authority (NSTA) has launched an investigation into an operator suspected of breaching one of its license conditions. The investigation will look into whether the licensee conducted a well test without consent and failed to provide timely notification of the complet
Offshore Energies UK (OEUK) has warned that the windfall ‘supertax’ proposal risks driving out oil and gas investments from the UK waters.
During the opening of the United Nations Climate Change Conference COP27, currently underway in Egypt, a call to ensure the full implementation of the Paris Agreement echoed once again, as severe geopolitical conflicts and tensions seem to demand actions that are not fully in line with the Paris rul
