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Authorities & Government

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Germany opens €900 million call for import of green hydrogen derivatives
Authorities & Government

Germany opens €900 million call for import of green hydrogen derivatives

Following the recent establishment of the world’s first financing platform for tailored financing of infrastructure for green hydrogen, Germany is now looking to award nearly €1 billion (€900 million) in funding for the import of hydrogen derivatives. On 5 December, the Federal Ministry for Economic

about 3 years ago
Wheels in motion to tie-back field carrying name of god from Norse mythology to Norwegian Sea FPSO
Authorities & Government
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Field bearing name of god from Norse mythology to be tied back to existing FPSO

Equinor has submitted a plan for the development and operation (PDO) of a Norwegian Sea field to Norway’s Ministry of Petroleum and Energy.

about 3 years ago
IMO
Authorities & Government

IMO welcomes new consultative partner to support shipping decarbonization

Environmental Defense Fund (EDF) was granted consultative status by the International Maritime Organization (IMO) to support the shipping industry and countries to move in the right direction on climate.

about 3 years ago
West Elara jack-up rig; Source: Seadrill
Authorities & Government

Seadrill tasked with addressing nonconformities on jack-up rig

Norwegian offshore safety regulator has carried out an audit of maintenance management on one of Seadrill’s jack-up rigs.

about 3 years ago
Denmark awards first CO2 storage permit
Authorities & Government

Denmark awards first CO2 storage permit

The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 tonnes of CO2 in a former oil field over a four-month period. INEOS E&P and Wintershall Dea have been granted permission to begin a time- an

about 3 years ago
North Sea field secures life extension
Authorities & Government

North Sea field secures life extension

Sval Energi has received consent from Norway’s regulator to use the facilities on a North Sea field off Norway beyond their original lifespan.

about 3 years ago
Will the UK’s huge new oil & gas project overcome the hurdles in its path?
Authorities & Government

Will the UK’s huge new oil & gas project overcome the hurdles in its path?

Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

about 3 years ago
Sovcomflot’s Gagarin Prospect
Authorities & Government

All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he

about 3 years ago
Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts
Authorities & Government

Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts

A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.

about 3 years ago
Repurposed North Sea rig closes its door to go back to its decommissioning cycle
Authorities & Government

Repurposed North Sea rig closes its doors to go back to its decommissioning cycle

SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.

about 3 years ago
How will UK's energy windfall tax hike impact oil & gas players?
Authorities & Government

How will UK’s energy windfall tax hike impact oil & gas players?

Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.

about 3 years ago
Aker BP gearing up to drill North Sea well
Authorities & Government

Aker BP gearing up to drill North Sea well

Aker BP has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Saipem’s semi-submersible rigs.

about 3 years ago
EU ETS
Authorities & Government

Tentative deal on including shipping’s GHG emissions in EU ETS covers methane and N20

A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS). The tentative deal was struck on Tuesday evening, and it leads to several milestones such as the inclusion of methan

about 3 years ago
Equinor preparing to spud North Sea well
Authorities & Government

Equinor preparing to spud North Sea well

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago