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Authorities & Government

Go-ahead for seismic quest in Uruguayan waters seen as ‘value-adding progress’ for oil & gas ops

As its proposed merger with Sintana Energy continues to run in the background, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has expressed enthusiasm over the permits for seismic acquisition that have been issued in Uruguay, as the firm is convinced that this will

about 9 months ago

Authorities & Government

Prysmian’s R&D activities get €300 million EIB boost

The European Investment Bank (EIB) has approved a €300 million financing package for Prysmian that will support the Italian cabling giant’s research and development (R&D) activities with the ultimate goal of accelerating energy security and digitalization in Europe. The financing will support Prysmi

about 9 months ago

Authorities & Government

UK opens second carbon storage licensing round

The North Sea Transition Authority (NSTA) has opened its second carbon storage licensing round, offering 14 locations offshore Scotland and England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity. The round, opened today, December 9, offers

about 9 months ago

EU flag; Credit: Adrijana Buljan, Editor-in-Chief at offshoreWIND.biz, Offshore-Energy.biz's sibling site

Authorities & Government

Europe urged to step-up its renewable hydrogen game

The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders

about 9 months ago

20,000 CBM LNG bunkering vessel – AiP granted by DNV; Source: Deltamarin

Authorities & Government

Thumbs-up for Deltamarin’s five eco-efficient vessel designs from DNV and Lloyd’s Register

Finland’s marine engineering player Deltamarin has secured multiple approvals in principle (AiPs) from DNV and Lloyd’s Register (LR) for its next-generation vessel designs that come with a range of innovative concepts, including hybrid and wind-assisted propulsion solutions, enhanced safety redundan

about 9 months ago

Authorities & Government

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping

about 10 months ago

Greensand project artist rendering; Source Aker Carbon Capture

Authorities & Government

Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie

The Danish Energy Agency has postponed the deadline for its carbon capture and storage (CCS) tendering procedure, which enables interested companies to get a slice of the DKK 28.7 billion ($4.59 billion) funding cake earmarked to lend Denmark a helping hand in achieving its climate neutrality vision

about 10 months ago

Altamira Fast LNG 1; Source: New Fortress Energy

Authorities & Government

Seven-year gas supply deal is a go as Puerto Rico backs it up

U.S. energy infrastructure player New Fortress Energy (NFE) has received the go-ahead for its multi-year gas supply arrangement with the government of Puerto Rico, which will allow it to provide liquefied natural gas (LNG) to the Caribbean nation.

about 10 months ago

Authorities & Government

EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure

As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).

about 10 months ago

Authorities & Government

FPSO hull design obtains ABS’ seal of approval

The American Bureau of Shipping (ABS), a classification society, has bestowed an approval in principle (AiP) to Finland’s marine engineering player Deltamarin and China Merchants Heavy Industry (CMHI) for a new versatile floating production, storage, and offloading (FPSO) hull design.

about 10 months ago

Illustration; Source: North Sea Transition Authority (NSTA)

Authorities & Government

13 UK operators fall behind on their decom duty with 153 wells in arrears

Great Britain’s regulator, the North Sea Transition Authority (NSTA), has signaled its readiness to tackle the decommissioning deficit on the UK Continental Shelf (UKCS) by revealing the names of operators that are lagging behind their peers in the decommissioning department.

about 10 months ago

Authorities & Government

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned

about 10 months ago

Authorities & Government

Gasum’s FuelEU Maritime pool another vessel richer as Tallink turns to bio-LNG

Gasum, a Nordic gas sector and energy market player, has struck a pooling and liquefied biomethane (bio-LNG) deal with Elenger, said to be the largest privately owned energy company in the Baltic-Finnish region and Tallink’s fuel provider. This enables a shuttle vessel to run on bio-LNG and yield ad

about 10 months ago

Rendering of Cahiracon FSRU site; Courtesy of Gas Networks Ireland

Authorities & Government

Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls

Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates and maintains Ireland’s €3 billion, 14,75

about 10 months ago