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Trailing liability for asset decommissioning in Australia - Oil, Gas & Electricity

To print this article, all you need is to be registered or login on Mondaq.com. $60 billion between 2020 and 2050. result of the clean energy transition. decommissioning is, in many respects, confusing and inconsistent. federal and state-based legislation and regulations. titleholder. Pty Ltd (NOGA) corporate group in February 2020. administration in September 2019. the FPSO and the field.

Ukraine Invasion Boosts Already-High Steel Prices

Russias invasion of Ukraine has roiled several major commodities markets, including those for oil and gas, wheat, fertilizer, steel, coal and vegetable oil. Global steel prices had already been climbing in the year before the invasion, thanks to the worlds economic recovery from the COVID-19 lockdowns and restrictions, although prices had softened in the U.S. over the past few months.

Cpl. Hunter Lopez dove into a sea of people to save girls fleeing the Taliban

This article is part of a Fox News Digital series examining the consequences of the U.S. military withdrawal from Afghanistan one year ago this week.Cpl. Hunter Lopez saw two girls at the Kabul airport fighting through a sea of people desperate to escape Taliban rule."Hunter jumps into the pit," the Marine's mother, Alicia Lopez, told Fox News.

Port of Liverpool Dockworkers Plan Two-Week Strike, Adding to Summer of Unrest

LONDON, Sept 2 (Reuters) – More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strike from Sept. 19 to Oct. 3 over pay, the Unite union said on Friday, adding to a summer of industrial unrest caused by soaring inflation.“Workers across the country are sick to death of being told to take a hit on their wages and living standards…

Ship carrying grain leaves Odessa, Ukraine, in deal to ease food crisis

Comment on this storyCommentODESSA, Ukraine The first ship carrying grain departed a Ukrainian port early Monday under a United Nations-brokered deal to ease a global food crisis sparked by the Russian invasion of Ukraine.The cargo vessel, loaded with more than 26,000 metric tons of corn, left Odessa amid fears that the deal…

Piracy

Jointly Upholding True Multilateralism andStarting a New Journey of Maritime Governance --Remarks by

The Honorable Under-Secretary-General Miguel de Serpa Soares,Distinguished Guests,Friends,It is a pleasure to meet you all via video link to mark the 40th anniversary of the opening for signature of the United Nations Convention on the Law of the Sea (UNCLOS). Adopted in 1982, UNCLOS opened a new chapter of global maritime governance…

NASSCO Invests In Facilities, Equipment And People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including: two 300-ton cranes allowing shipbuilders the ability to increase the size of the erectable blocks; a block assembly line to optimize construction of commercial ship blocks…

Acquisition of two newbuild feeder container vessels with long term charters

SFL CorporationSFL Corporation Ltd. (NYSE: SFL) (SFL or the Company) announced today that it has agreed to acquire two new eco-design feeder container vessels in combination with long term time charters to a leading European liner company.The Company expects to take delivery of the vessels from the shipyard in Q3 and Q4 2022.

White Paper THE KNOWN UNKNOWNS Declassification of the Indian Ocean High Risk Area (HRA)

As you may be aware, key maritime industry bodies have decided to declassify the High Risk Area (HRA) in the Indian Ocean Region (IOR) effective from 0001 UTC on January 1st, 2023, as a result of 15+ years of successful coordinated efforts by the International Community stakeholders to suppress a variety of regional threats.This decision…

No drop of crude oil stolen by MT Heroic Idun – Navy

The Nigerian Navy has said that the suspected rogue vessel, MT Heroic Idun, which veered into Nigerian waters with the intention to load oil illegally could not do so before it was accosted by Nigerian Navy Ship, Gongola at the Akpo Oilfield Terminal.Speaking at a media briefing in Abuja weekend, the Chief of the Naval Staff…

Port

Old footage of stranded elephant seal resurfaces after Hurricane Ian

Copyright AFP 2017-2022. All rights reserved.A clip of an elephant seal supposedly lost in a residential neighborhood gained millions of views on Twitter in the aftermath of Hurricane Ian, which devastated parts of the US state of Florida. But the video is out of context; it was taken in Chile in 2020, and marine experts say such seals do not live in the Atlantic Ocean."Son…

Port of Los Angeles names new chief harbor engineer

Mary ConyersDina Aryan-Zahlan, chief harbor engineer, Port of Los AngelesThe Port of Los Angeles has announced the appointment of Dina Aryan-Zahlan as chief harbor engineer, lead of the ports engineering division. She replaces David Walsh who retired in December 2021.Aryan-Zahlan has served as the ports assistant chief harbor engineer since 2015…

Iranian supertanker carrying condensate docks in Venezuela, in defiance of US sanctions |

CARACAS, Venezuela-An Iran-flagged supertanker carrying more than two million barrels of condensate has docked at a Venezuelan port, with both countries facing US sanctions, according to analysts and satellite images.The arrival of the oil tanker Starla comes as negotiations continue in Vienna over the Islamic Republic's tattered nuclear deal with world powers, which allowed for oil sales.

Qatar's maritime sector posts robust performance month-on-month in August

Qatar's maritime sector witnessed robust performance this August, registering a double-digit monthly growth in number of ships calling on Hamad, Doha and Al Ruwais ports, according to the official data.The number of ships calling on Qatar's three ports stood at 267 in August 2022, which saw a 10.79% increase compared to July 2022.

Billy Joels Original Commuter Yacht Has Been Transformed Into an Oceangoing Marauder

In the words of rock n roll legend Billy Joel: Home can be the Pennsylvania Turnpike, Indianas early morning dew, high up in the hills of California, home is just another word for you. While Joel wrote Youre My Home more than 30 years before he built the 57-foot Vendetta, the lyrics still ring true for his one-of-a-kind commuter yacht.