ABS Launches ‘First’ Sustainability Guide for Offshore Industry

Maritime classification society The American Bureau of Shipping (ABS) on Monday launched detailed requirements for greener offshore operations in what it said was the first sustainability guide to target the offshore industry. "Developed by working with major offshore industry clients, ABS today launches a revised sustainability guide expanded with offshore asset compliance requirements.The updated ABS Guide for... Continue Reading →

WoodMac: For net-zero by 2050, carbon capture, utilisation and storage needs ‘seven-fold’ boost

As global carbon capture, utilisation and storage (CCUS) capacity is nearing 1 billion tonnes per annum, the new U.S. energy bill – the Inflation Reduction Act (IRA) – is expected to boost the uptake further, however, Wood Mackenzie, an energy intelligence group, believes that more is needed to meet net-zero goals by 2050. Wood Mackenzie pointed out... Continue Reading →

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