Vår Energi has secured two types of permits from the Norwegian authorities for two exploration wells located in the Barents Sea off Norway.
The world’s rapidly growing fleet of ships that can burn liquefied natural gas (LNG) is at risk of financial losses of $850bn by 2030, according to a new study by UCL Energy Institute researchers. Namely, 65% of the newbuilding deliveries by 2025 is capable of running on LNG as a marine fuel, up fro
The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.
Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.
Harsh environment and deepwater drilling contractor, Dolphin Drilling, has confirmed that it is being activated on the Euronext N-OTC list as of 15 September 2022.
Parkmead Group has secured approval to drill its high-impact well on the Skerryvore prospects in the UK Central North Sea.
The Baltic Pipe project has received the operating permit, completing the process of obtaining all necessary decisions. The offshore gas pipeline is scheduled for partial commissioning this October and full commissioning on 1 January 2023, at a full annual capacity of up to 10 BCM. The opening cerem
Norway’s Ministry of Petroleum and Energy has received offers for production licences from 26 companies as part of APA 2022.
The demand for containerships is expected to increase by 10 percent as of 2023 as shipowners move forward with the implementation of the IMO 2023 regulations, BIMCO estimates. Meeting Energy Efficiency Existing Ship Index (EEXI) and achieving a good Carbon Intensity Indicator (CII) rating is a hot t
Aker BP has received consent from Norway’s regulator to use one of Maersk Drilling’s rigs for drilling ops on a field in the North Sea.
With less than four months until the entry into force of the IMO’s carbon intensity indicator (CII) and Energy Efficiency Existing Ship Design Index (EEXI), fears are being raised that the tanker sector might emit higher CO2 emissions as it adjusts trading patterns to attain the required rating. Wit
To tackle the energy crisis, the UK has revealed a set of measures, which will be undertaken to boost domestic oil and gas production.
There has been an estimated 77% drop in overall Sulphur Oxide emissions from ships since the entry into effect of the “IMO 2020” regulations in January 2020, the International Maritime Organization (IMO) said. The reduction is equivalent to 8.5 million metric tonnes of sulphur oxides, which are link
API advocates for a ramp-up of U.S. oil and gas production to solve energy security and energy transition concerns.
