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Rules & Regulation

Odfjell asked to address nonconformities on semi-submersible rig

Norwegian offshore safety regulator has carried out an audit of Odfjell Drilling and its risk management on one of its semi-submersible rigs.

about 3 years ago

German giant to develop ‘largest discovery in Norway in 2021’ to ramp up gas exports to Europe

Rules & Regulation

More gas for Europe, as German giant unveils plans to develop ‘largest discovery in Norway in 2021’

Wintershall Dea has submitted a PDO for a gas field in the Norwegian Sea a year after the discovery was made.

about 3 years ago

Rules & Regulation

IMO MEPC 79 off to a dramatic start as environmentalists call for an end of fossil fuels

The Marine Environment Protection Committee meeting at the UN International Maritime Organisation (IMO) kick-started on Monday with delegates arriving in London to meet in person for the first time since 2019. The delegates were off to a dramatic start as Ocean Rebellion, a grassroots international

about 3 years ago

Rules & Regulation

Is there a silver bullet for the global energy crisis?

Will countries need all the energy solutions they can get – oil, gas, solar, wind, nuclear, and hydrogen – to tackle this energy crisis?

about 3 years ago

Rules & Regulation

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

Rules & Regulation

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

Rules & Regulation

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

Rules & Regulation

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

Rules & Regulation

Pay dispute escalates as North Sea workers resort to strike action on multiple oil & gas platforms

UK’s Unite the union has confirmed that hundreds of offshore workers have decided to down their tools and take industrial action.

about 3 years ago

Rules & Regulation

Oldendorff blasts CII calling for urgent revision

IMO’s new Carbon Intensity Indicator (CII) regulations will not help the environment and may actually lead to higher rather than lower emissions, German dry bulk carrier owner and operator Oldendorff Carriers said. The company released a study that delves into the rating scheme pointing to examples

about 3 years ago

Rules & Regulation

INTERCARGO: CII cannot be used to achieve desired decarbonisation goals

The International Association of Dry Cargo Shipowners (INTERCARGO) has joined the critics of the Carbon Intensity Indicator (CII) framework voicing opposition to its use as a benchmark for medium-term measures as part of the IMO’s revised GHG Strategy. INTERCARGO said that its members expressed thei

about 3 years ago

Oil & gas players looking into electrification of West of Shetland assets with onshore and offshore wind

Rules & Regulation

Wind power in the running for electrification of West of Shetland oil & gas assets

BP, Equinor and Ithaca Energy have inked a deal to explore electrification options for their West of Shetland portfolio of oil and gas assets.

about 3 years ago

Rules & Regulation

SBTi plots course for shipping industry to meet science-based net-zero goals

Science Based Targets initiative (SBTi) has launched the world’s first framework for shipping industry companies to set near- and long-term science-based targets.

about 3 years ago

Rules & Regulation

DNV: With mid-century targets out of range, UK requires ‘clear roadmap’ to reach net-zero

DNV: As the UK is not on track to meet its mid-century targets, “a clear roadmap” needs to be set up to achieve net-zero by 2050.

about 3 years ago