Greenhouse gas (GHG) emissions from ships are projected to increase by up to 50% until 2050, relative to 2018, despite further efficiency gains, as transport demand is expected to continue to grow, the Fourth IMO Greenhouse Gas Study shows. The study has been prepared for the International Maritime
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
Semi-submersible accommodation vessel OOS Tiradentes has become the first offshore rig to resume operations in Brazil following Petrobras’ shutdown of facilities due to the COVID-19 pandemic.
Oil and gas company United Oil & Gas (UOG) has been assigned Tullow Oil’s stake in the Walton Morant licence off Jamaica, which the company now fully owns.
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a well located in the Norwegian Sea.
Norwegian oil major Equinor has received safety consent from the country’s offshore safety watchdog to use the Maersk Intrepid jack-up rig on the Martin Linge field offshore Norway.
Equinor has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.
Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and for 2019 reached 80 per cent.
Maintenance-related issues led to the January 2018 engine room fire on board the container vessel MOL Prestige in Haida Gwaii, British Columbia (BC), the Transportation Safety Board of Canada (TSB) determined in its investigation report.
The Australian Maritime Safety Authority (AMSA) has banned another Liberian-flagged bulk carrier this week — this time, the 93,200 dwt TW Hamburg.
The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the year 2050. This policy is a change from the current practice of granting 20-year LNG export terms. President Donald J. Trump announced the new
The IMO 2020 sulphur cap, mandating the switch for all ships to use fuels with a maximum 0.5% sulphur content as of January 1, 2020, except for those equipped with scrubbers, has been the driving force for change in the shipping industry over the past couple of years. The implementation of the regul
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wells located in the Norwegian Sea.
Maersk Drilling has entered an agreement to invest $1 million in Clean Energy Systems to help develop a new technology called Carbon-Negative Energy.
