Environmental News

 

Green Rigs: Collaborative Solutions for Greener Drilling Operations

Feb 27, 2021

How teamwork between COSL Drilling and key suppliers Kongsberg and NOV has improved on previously record low emissions to deliver fuel and environmental savings of more than 25%.In 2020, after several years of developing energy-efficient drilling operations, a team at COSL Drilling Europe AS launched a major project to save energy on COSL rigs operating on the Norwegian shelf in the North Sea. This…

Who Will Pay for the Energy Transition?

Apr 27, 2021

The transition from a fossil-fuel dominated energy system to one with zero emissions would require trillions of dollars of investment in new production, distribution and consumption equipment worldwide.New investments could support millions of new jobs in construction and manufacturing…

When is a Cargo of Oil Certified "Carbon Neutral"? Ask Lundin Energy

Apr 26, 2021

Sweden's Lundin Energy has sold to Italian refiner Saras what it said is the world's first oil cargo certified as carbon neutral at the point of production, the two companies said on Monday.Oil companies are increasingly trying to market their…

FSO Nabarima Is 'Upright' but Crude Transfer Could Be Risky

Oct 26, 2020

A Venezuelan floating oil facility that had been listing in recent weeks is upright and shows no sign of sinking, but plans to offload crude from the vessel posed some risks, the energy minister of neighboring Trinidad and Tobago said on Thursday…

NOAA Raises Predicted Number of Tropical Storms to Record High

Aug 06, 2020

The U.S. National Oceanic and Atmospheric Administration (NOAA) on Thursday predicted up to 16 more named tropical storms this year, to as many as 25, the highest in the agency's history.The 2020 Atlantic hurricane season, which began on June 1…

New Zealand Raises Oil Spill Insurance Requirements

Jun 15, 2020

New Zealand's maritime safety authority has greatly increased the insurance cover or other financial security that owners must have to cover marine oil spills from their offshore installations.Under recent amendments to the Marine Protection Rules Part 102…

US Underestimates Offshore Oil Methane Emissions -Study

Apr 13, 2020

Offshore oil and gas drilling operations in the U.S. Gulf of Mexico emit far more methane than government estimates suggest, according to a study released on Monday by the University of Michigan.Drilling platforms emit about half a teragram (Tg) of the planet-warming gas each year…

Tidal Turbines Impact on Marine Wildlife Lower Than Previously Thought

Mar 05, 2020

Research by HR Wallingford at the SeaGen tidal power project site at Strangford Lough in Northern Ireland has shown that the impact of tidal power turbines on marine wildlife may be significantly lower than previously estimated.As questions…

ExxonMobil Calls for Tighter Methane Regulations

Mar 03, 2020

ExxonMobil on Tuesday called for tighter regulation of the greenhouse gas methane and offered up its own in-house rules as a model for companies and lawmakers worldwide.The largest U.S. oil company laid out the guidelines it follows - some of…

Lukoil Aims to Be Net Zero CO2 Emitter by 2050

Mar 02, 2020

Vice president of Russian oil producer Lukoil, Leonid Fedun, said on Monday the company aimed to become a net zero carbon emitter by 2050.'It is realistic to a reach zero carbon footprint' for us, he said at a presentation.(Reporting by Vladimir Soldatkin…

Equinor Dumps Great Australian Bight Oil Drilling

Feb 24, 2020

Norwegian company Equinor has become the third major fossil fuel producer to abandon plans to drill for oil in the Great Australian Bight, after years of work. Previously, BP and Chevron canceled their drilling plans in the area, in 2016, and 2017 respectively…

Break it Down

Feb 24, 2020

The decommissioning market is making a comeback, with new fields of opportunity, and challenges, opening. TSB Offshore President Will Speck shares insights on the path ahead.With the decommissioning market slowly recovering, TSB Offshore is…

Kongsberg, Zero Join Forces for Renewables

Feb 18, 2020

International marine technology group Kongsberg Gruppen and  Zero environmental foundation signed a three-year collaboration agreement.The main intentions of the collaboration are to create increased momentum in the shift to renewable and emission-free solutions…

NABU Objects to Gennaker OWF

Feb 16, 2020

A German non-governmental conservation organisation, Naturschutzbund Deutschland e.V. (NABU), has filed an objection to the building permit for the Gennaker offshore wind farm (OWF) in the coastal waters of Mecklenburg-Western Pomerania.Massive…

Ørsted Eyes Carbon-Neutrality by 2025

Jan 31, 2020

The global leader in offshore wind Ørsted A/S  will become carbon neutral by 2025. 'This will make Ørsted the first major energy company to reach net-zero emissions in its energy generation - far ahead of science-based decarbonization targets for limiting global warming to 1…

Current News

U.S. Judge Orders Resumption in Federal Drilling Auctions

U.S. Judge Orders Resumption in Federal Drilling Auctions

The marine industry in 2030: Meet today’s challenges

The marine industry in 2030: Meet today’s challenges

Poland Awards CfD for 1,2 GW Baltic Power Offshore Wind Project

Poland Awards CfD for 1,2 GW Baltic Power Offshore Wind Project

Horisont Energi Taps Saipem, Technip Energies for Barents Blue Ammonia Project

Horisont Energi Taps Saipem, Technip Energies for Barents Blue Ammonia Project

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