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Authorities & Government

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Core Power
Authorities & Government

New report proposes framework for UK action on maritime nuclear power

CORE POWER, NorthStandard and Lloyd’s Register (LR) have jointly published a report that sets out a policy framework for the UK government to support the deployment of advanced small nuclear reactors on commercial ships and floating nuclear power plants (FNPPs).

about 1 year ago
Europe
Authorities & Government

Europe cranks up the heat on Russia’s shadow fleet with latest sanctions package

The European Council has adopted the 16th package of sanctions against Russia to ‘ramp up’ the pressure on the country’s so-called ‘shadow’ fleet as well as curb attempts to circumvent the measures. Now well into its fourth year, Russia’s aggression on Ukraine continues to disturb the balance of glo

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about 1 year ago
UK and French regulatory authorities sit down to discuss further joint electricity interconnection
Authorities & Government

UK and French regulatory authorities exploring additional joint electricity interconnections

French Energy Regulatory Commission (CRE) and Great Britain’s independent energy regulator Ofgem have come to an agreement to continue exploring further electricity interconnection development opportunities of around 1 GW capacity between France and the UK. The countries have an electricity partners

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Authorities & Government

Aker BP comes up empty-handed at another prospect as drilling ops wind down

Aker BP has found no hydrocarbons in the Norwegian Sea, following drilling activities conducted by one of Saipem’s semi-submersible rigs off the coast of Norway.

about 1 year ago
India
Authorities & Government

Shipping colossals deepen ties with India amid growing maritime ambitions

French container shipping heavyweight CMA CGM, along with Denmark’s A.P. Moller–Maersk and Switzerland’s Mediterranean Shipping Company (MSC), is strengthening its foothold in India as the country endeavors to become a “global maritime hub”. As disclosed, during his state visit to France in mid-Febr

about 1 year ago
Tungsten Explorer drillship; Credit: Greg Williams
Authorities & Government

TotalEnergies and Eni sign on dotted line for Cyprus gas exports through Egypt

TotalEnergies and Eni have struck a deal with Cyprus and Egypt to develop a gas discovery named after the god of time in ancient Greek mythology by exporting the natural gas from the field off the coast of Cyprus through Egypt.

about 1 year ago
Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs).
Authorities & Government

EIC Accelerator backs CorPower Ocean with up to €17.5M to advance wave energy tech

Swedish wave energy technology developer CorPower Ocean has secured up to €17.5 million in funding from the European Innovation Council (EIC) Accelerator to support commercializing its wave energy solutions. The company noted that the funding package includes a €2.5 million grant and a €15 million p

about 1 year ago
Construction begins on UK’s $3 billion subsea electricity superhighway
Authorities & Government

Construction begins on UK’s $3 billion subsea electricity superhighway

Construction has commenced on the Eastern Green Link 1 (EGL1) subsea electricity superhighway in the UK, which will transport green electricity for two million homes along over 190 kilometers of predominantly undersea cable linking the south-east of Scotland with the north-east of England. The 2 GW

about 1 year ago
Europe
Authorities & Government

‘Mixed progress’ leading to uphill battle in EU’s emission reduction ambitions, report warns

Although Europe’s maritime industry has made progress in cutting energy use and reducing certain pollutants, greenhouse gas (GHG) emissions as well as biodiversity conservation remain a ‘gargantuan’ challenge, a new report has stressed. According to the second edition of the European Maritime Transp

about 1 year ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Authorities & Government

Aphrodite rising as Chevron, Shell, NewMed and Cyprus give the go-ahead for tweaked gas development plan

Chevron and its partners, BG Cyprus (Shell) and NewMed Energy, have given their blessing, together with the government of Cyprus, for an updated development plan of an offshore gas field reservoir in Block 12 located in the Eastern Basin of the Mediterranean Sea.

about 1 year ago
David Whitehouse CEO, Offshore Energies UK (OEUK)
Authorities & Government

OEUK pushes for UK carbon capture funding amid budget concerns

Britain’s trade body for the offshore energy industry Offshore Energies UK (OEUK) has urged the UK government to stay committed to supporting additional carbon capture, usage, and storage (CCUS) projects as concerns mount over potential funding cuts in the upcoming comprehensive spending review (CSR

about 1 year ago
FSRU Energos Power; Source: Energos
Authorities & Government

FSRU gig at one of Germany’s LNG terminals cut short over pricing issues

Germany’s Deutsche ReGas has pulled the plug on a charter deal for one of two floating storage and regasification units (FSRUs) currently operating at the ‘Deutsche Ostsee’ (German Baltic Sea) energy terminal in Mukran.

about 1 year ago
Aerial shots of coastal route on the North East of Scotland. Credit: Scottish Enterprise
Authorities & Government

Industry welcomes report on almost $10B potential of Scotland’s wave and tidal energy

Industry players have welcomed a new report that highlights the potential of Scotland’s wave and tidal energy sector to generate up to £8 billion (almost $10 billion) for the economy by 2050, supporting more than 15,000 direct jobs and driving investment in coastal communities. Commissioned by Highl

about 1 year ago
Minesto has completed dragon 12
Authorities & Government

DNV completes independent review of Minesto’s Dragon-class technology

Norway-based classification society DNV has completed an independent technical review of Minesto’s Dragon-class technology, reinforcing the investment case for its planned 10 MW array in the Faroe Islands. The assessment, initiated in the autumn of 2024, evaluated the energy conversion performance,

about 1 year ago