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Authorities & Government

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Noble Invincible; Source: Noble Corporation
Authorities & Government

New North Sea oil discovery springs up as Othello opens new play in ‘dry belt’

DNO has made a new oil discovery in the southern North Sea on the Norwegian Continental Shelf (NCS), which is described as a play opener in an area previously dubbed ‘the dry belt,’ where little exploration interest was noted in recent years.

about 1 year ago
Courtesy of Hellenic Cables
Authorities & Government

Hellenic Cables cheers certification of dynamic power cable for offshore wind and oil & gas platform electrification

Hellenic Cables, part of Cenergy Holdings, has tucked a new milestone under its belt with the certification of its dynamic power cable, rated at 66 kV, which is said to be designed for demanding floating offshore wind applications.

about 1 year ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
Authorities & Government

Eni expands offshore oil & gas acreage in Côte d’Ivoire ahead of its giant project’s next chapter

Eni has enriched its offshore oil and gas portfolio in Côte d’Ivoire with four new exploration blocks while closing in on the finish line to bring the second stage of its oil and gas development online.

about 1 year ago
Illustration; Source: ExxonMobil
Authorities & Government

Net zero quest: Weaning off oil & gas or undermining the world’s energy security backbone?

After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.

about 1 year ago
Illustration; Source: Navingo
Authorities & Government

Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal?

As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pu

15 minutes read
T&E
Authorities & Government

T&E: Carbon footprint of European gas imports underestimated by almost 30%

Despite the efforts to promote liquefied natural gas (LNG) as the go-to clean alternative, new evidence on upstream emission suggests that Europe’s gas mix is much dirtier than the European Union’s (EU) officials had initially thought, Transport and Environment (T&E) shared. According to a study tit

about 1 year ago
Leaders at COP29 Azerbaijan; Source: COP29 Azerbaijan
Authorities & Government

COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

16 minutes read
COP29 Azerbaijan; Source: COP29 Presidency
Authorities & Government

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The cal

21 minutes read
NAGA 7; Source: Velesto
Authorities & Government

Sunken rig’s wreck removal done as recycling ops near the finish line with Boskalis’ help

Velesto has confirmed the wrap-up of wreck clearance with recycling activities expected to follow suit shortly for one of its jack-up rigs that tilted due to an incident and subsequently sank in 2021.

about 1 year ago
IMO
Authorities & Government

Three UN transport organizations unite to decarbonize sectors and fight climate change

The UN transport organizations have joined forces to reduce the impact of their respective sectors on climate change.

about 1 year ago
'World's largest utility company' enters Greek interconnector
Authorities & Government

‘World’s largest utility company’ enters Greece’s largest island interconnector

A wholly owned principal subsidiary of Chinese state-owned electric utility corporation State Grid Corporation of China (SGCC) has purchased a 20% share in a subsidiary owned by Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), thereby entering what is

about 1 year ago
FPSO Petrojarl Knarr is expected to work at Equinor's Rosebank field; Source: Altera Infrastructure
Authorities & Government

Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects

As the climate crisis intensifies, so do legal challenges for hydrocarbon projects, especially in the United Kingdom (UK), where two North Sea operators and climate activists are locked in a court battle with the potential to put the fossil fuel industry out of commission.

about 1 year ago
Brage platform; Source: OKEA
Authorities & Government

North Sea oil & gas project named after Odin’s mother from Norse mythology gets the go-ahead

OKEA has received the Norwegian government’s blessing to move forward with its plan for the development and operation (PDO) of an oil and gas field in the North Sea off the coast of Norway, which will be tied back to an existing platform.

about 1 year ago
USA: Blue Water gets FTA LNG export permit from DoE
Authorities & Government

US grants $2.2 billion to two regional clean hydrogen hubs

As part of President Biden’s ‘Investing in America’ agenda, the U.S. Department of Energy (DOE) has awarded up to $2.2 billion to two regional clean hydrogen hubs.

about 1 year ago
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