Lithuania plans to finance and develop offshore wind projects using the Contracts for Difference (CfD) scheme, according to the draft legislation prepared and submitted by the country’s Ministry of Energy. A transmission system operator (TSO) will be responsible for providing grid connection infrast
Oslo-based Wilhelmsen Group has signed a Memorandum of Understanding (MoU) with South Korean Hyundai Glovis to explore the potential of the global gas shipping market, and research into alternative vessel fuels, such as liquefied hydrogen. The MoU builds on the years-long relationship between the tw
Jadestone Energy has set up a new offtake arrangement for the Stag oil field following Altera’s decision to retire the FSO Dampier Spirit.
Norwegian offshore safety watchdog has launched an investigation into challenges related to the completion of the hull and equipment for Equinor’s Johan Castberg FPSO.
Another former female employee of oilfield services giant Schlumberger has been added as a second plaintiff in a $100 million sexual harassment class-action lawsuit against the company.
Turkey is carrying on with its exploration attempts in a disputed area of the East Mediterranean until mid-September which tensed up the relationship between Ankara and Athens even further.
Over 350 employees of Germany’s Flensburger Schiffbau-Gesellschaft (FSG) as well as business assets of the struggling shipyard have been taken over by several companies belonging to investment company Tennor Holding.
Even though Hurricane Laura has moved from the Gulf of Mexico onto the mainland, almost 70 per cent of U.S. oil production remains shut-in.
US Bureau of Industry and Security (BIS) acting under secretary Cordell Hull has issued a final order imposing a $31,4 million penalty on Singapore based Nordic Maritime and its chairman, Morten Innhaug. The order imposing a civil penalty followed an earlier decision to impose a 15 year denial order
California has approved a new regulation designed to further reduce pollution from ocean-going vessels while docked at the state’s busiest ports. The rule builds on the progress achieved by the At-Berth Regulation adopted in 2007, which has paved the way for an 80 percent reduction in harmful emissi
At least 17 dolphins have been found stranded on Mauritius’ shores over the past several days, BBC reports, raising questions about whether these could be linked to a recent oil spill from Wakashio bulker that went aground last month and subsequently split in two. Environmental group Greenpeace said
The U.S. Department of Commerce has blacklisted 24 Chinese companies for their role in supporting the Chinese military construct and militarize the disputed artificial islands in the South China Sea. The companies targeted by the sanctions include China Communications Construction Company and a numb
Carnival Corporation, the world’s largest cruise shipping company, has retrofitted 77 % of its fleet with exhaust gas cleaning systems, commonly known as scrubbers, splashing a total of $500 million on installations to date. The cruise major launched scrubber installations on board its ships back in
The U.S. energy industry is preparing to be hit by Hurricane Laura which could cut crude production at a rate approaching the level of 2005’s Hurricane Katrina and stop oil refining at plants along the Texas-Louisiana coast.
