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Rules & Regulation

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2022 in review: Incidents related to offshore oil & gas
Rules & Regulation

2022 in review: Some of the major incidents related to offshore oil & gas

Action has been taken to minimise the risks of accidents and improve safety of offshore oil & gas infrastructure, but incidents still occur.

about 3 years ago
IMO Secretary General
Rules & Regulation

IMO fails to adopt more ambitious 2050 target

The IMO failed to adopt a concrete shipping decarbonisation target for shipping this week following the Marine Environment Protection Committee (MEPC 79) meeting that ended earlier today. The support from the member countries for eliminating the industry’s emissions by 2050 and for setting interim t

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about 3 years ago
Murder on rig: Criminal inquiry into death of British worker on jack-up unit off Qatar ongoing
Rules & Regulation

Murder on rig: Criminal inquiry into death of British worker off Qatar ongoing

Qatari authorities have launched a probe into the murder of one of the workers and the attack on another, which took place on an oil rig.

about 3 years ago
CSM: Continuos CII monitoring essential to meet IMO’s requirements
Rules & Regulation

CSM: Continuos CII monitoring essential to meet IMO’s requirements

Ship management and maritime service provider Columbia Shipmanagement (CSM) has recently highlighted the role of engine health monitoring systems and assessing the Carbon Intensity Indicator (CII) in a timely manner in order for shipowners to reduce carbon emissions.

about 3 years ago
Wheels in motion to pick rig for drilling in Mediterranean waters
Rules & Regulation

Wheels in motion to pick rig for drilling in Mediterranean waters

TotalEnergies and Eni have embarked on a rig selection process for exploration activities in a block located in the Lebanese waters.

about 3 years ago
In focus: Gas still runs the show but bets on hydrogen threaten to steal it
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
IMO
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
shipping
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
bulker
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
Cargo
Rules & Regulation

UNCTAD: GHG emissions from the world’s maritime fleet heading in wrong direction

Greenhouse gas emissions from the world’s maritime fleet increased by 4.7%, between 2020 and 2021, with most of the increase coming from container ships, dry bulk carriers and general cargo vessels, the latest Maritime Transport report from UNCTAD warns. Another worrying trend is the fact that the f

about 3 years ago
How do things stand for the oil & gas industry in the wake of COP27?
Rules & Regulation

How do things stand for the oil & gas industry in the wake of COP27?

In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.

about 3 years ago
shipping BIMCO
Rules & Regulation

BIMCO’s CII clause says time charterers should bare the brunt of ships’ emissions

BIMCO, the world’s largest international shipping association, has adopted a CII Operations Clause for Time Charter Parties which aims to help the industry implement new carbon intensity requirements from the International Maritime Organization (IMO). The regulations on the carbon intensity of inter

about 3 years ago
Eastern Pacific Shipping (EPS)
Rules & Regulation

U.S. lays the blame for drone strike on oil tanker off Oman at Iran’s door

Following a drone attack on an oil tanker off the coast of Oman, the U.S. Central Command has put the blame on Iran.

about 3 years ago
TotalEnergies and Eni to embark on hydrocarbon exploration in Mediterranean’s gas-rich waters
Rules & Regulation

TotalEnergies and Eni to embark on hydrocarbon exploration in Mediterranean’s gas-rich waters

TotalEnergies and Eni are gearing up to launch exploration activities in an offshore block located in the Lebanese waters.

about 3 years ago