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Authorities & Government

Gulf of Mexico oil & gas lease sale pulls off ‘highest bid amount’ in almost a decade, Shell emerges as top bidder

The latest lease sale for acreage in the Gulf of Mexico under the Biden administration has gathered nearly $382.2 million in high bids.

about 2 years ago

Authorities & Government

Malaysia bans Israel-flagged vessels from its ports

In response to Israel’s actions against Palestinians in Gaza, the Malaysian government has decided to ban ships flying the Israeli flag from docking at any port in the country.

about 2 years ago

Authorities & Government

ACWA Power gearing up to develop $4 billion green hydrogen project in Egypt

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a framework agreement on the development of the first phase of a green hydrogen project in Egypt with a capacity of 600,000 tons per year of green ammonia, wit

about 2 years ago

Courtesy of the European Commission; Credit: Mauro Bottaro

Authorities & Government

Eight countries take steps to erase fossil fuels from EU’s power system as ‘ground-breaking’ new law comes to light

Eight European countries – Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland, and Lithuania – have made commitments that put them en route to fossil-free power by 2035.

about 2 years ago

Authorities & Government

Estonia seeks builder for new zero-emission, battery hydrogen-fueled ferry

Estonia has launched a call for tender to build a next-generation zero-emission battery hydrogen-fuelled ferry for the Virtsu-Kuivastu route.

about 2 years ago

Authorities & Government

With Red Sea ensnared in security woes, ten nations come together to untangle it, after BP pumps the brakes on oil & gas trade

While Yemen’s Huthis intensify their attacks on vessels in the Red Sea, multiple nations bond together to tackle these security concerns.

about 2 years ago

Authorities & Government

Samsung Heavy ordered to pay $290 million to SK Shipping over LNG carrier defects

South Korean shipbuilder Samsung Heavy Industries (SHI) has received a court order to pay KRW 378 billion (about $290 million) to compatriot SK Shipping due to defects in the cargo holds of two liquefied natural gas (LNG) carriers.

about 2 years ago

Illustration; Source: MODEC and Terra Drone

Authorities & Government

ABS hands out ‘world’s first’ approval for drone-based FPSO hull thickness measurement

MODEC and Terra Drone Corporation received the world’s first approval from ABS for a drone-based FPSO hull thickness measurement.

about 2 years ago

Authorities & Government

New Stade LNG jetty opens doors for independent energy supply in Germany

Only 330 days after starting construction, Germany’s seaport company Niedersachsen Ports has handed over a new landing pier for floating storage and regasification units (FSRUs) in Stade to operators.

about 2 years ago

Authorities & Government

Grimaldi takes majority stake in Heraklion Port Authority

A consortium led by the Italian shipping company Grimaldi Group has acquired a majority stake in the Heraklion Port Authority (HPA S.A.). The Italian group, through a consortium with Grimaldi Euromed SpA and Minoan Lines S.A., signed a share purchase agreement earlier this morning. The company acqui

about 2 years ago

Cables that connect the Danish and English electricity systems are being tested these days to ensure they are ready to be put into operation at the year-end (archive photo from the landing of the cabl

Authorities & Government

Viking Link: World’s largest interconnector days away from being put into operation

Energinet is getting ready to bring the Viking Link, which is said to be the world’s longest electricity interconnector, online by the end of the year.

about 2 years ago

Authorities & Government

Two legal challenges loom over UK’s giant undeveloped oil field

Legal trouble brews on the horizon for the UK government and one of the largest undeveloped oil fields in the UK over climate concerns.

about 2 years ago

Authorities & Government

Shell, TotalEnergies, QatarEnergy, Petronas expand Suriname footprint – gallery

Shell, TotalEnergies, QatarEnergy, and Petronas have inked production sharing contracts (PSCs) with Staatsolie for blocks offshore Suriname.

about 2 years ago

Authorities & Government

Dutch government takes part in PosHYdon offshore hydrogen project

The Dutch government, through Energie Beheer Nederland (EBN), has joined the PosHYdon project, the world’s first pilot which aims to produce green hydrogen on an operational gas platform in the North Sea. The project, which will integrate three offshore energy systems – offshore wind, offshore gas,

about 2 years ago