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Authorities & Government

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Construction begins on first subsea interconnector between Spain and France
Authorities & Government

Construction begins on first subsea interconnector between Spain and France

Spanish transmission system operator (TSO) Red Eléctrica is about to begin the construction of the first submarine interconnector between Spain and France. The Biscay Gulf interconnector will comprise two high-voltage direct current (HVDC) links, each with a capacity of 1,000 MW, linking Gatika in S

about 3 years ago
Lease agreement in for North Sea carbon capture and storage project
Authorities & Government

Lease agreement in for North Sea carbon capture and storage project

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The UK’s Crown Estate has awarded an agreement for lease for what could become one of the world’s largest carbon capture and storage (CCS) projects. The agreement for lease will allow BP, as the lead operator, to further progress the planned Endurance CCS project, a reservoir in the North Sea that w

about 3 years ago
Tommeliten A; Source: ConocoPhillips
Authorities & Government

All-systems-go for ConocoPhillips to bring online cross-border North Sea project

Norwegian authorities have given their blessing for the start-up of the ConocoPhillips-operated cross-border field in the North Sea.

about 3 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Authorities & Government

Aker BP all-set to put Odfjell Drilling rig to work on two North Sea fields

Aker BP has received consent to use one of Odfjell Drilling’s rigs for production drilling on two fields located in the North Sea off Norway.

about 3 years ago
CE Delft: CII could cut EU shipping’s emissions by 30% if enforced correctly
Authorities & Government

CE Delft: CII could cut EU shipping’s emissions by 30% if enforced correctly

A recent study, titled “CII and EU Maritime Decarbonization,” conducted by the research center CE Delft on behalf of the Environmental Defense Fund Europe, found that if European policymakers required ships to achieve top performance (A, B) in climate label Carbon Intensity Indicator (CII), ships co

about 3 years ago
Shipping
Authorities & Government

Poseidon Principles align with IMO’s raised ambitions

The Poseidon Principles have updated their global framework for assessing and reporting financial institutions’ shipping portfolios’ alignment with climate goals to the IMO’s revised GHG strategy adopted in July 2023. Pioneered in 2019 by Citi, Societe Generale, and DNB with the support of the Globa

about 3 years ago
North Field off Qatar; Source: QatarEnergy LNG
Authorities & Government

All energy roads lead to decarbonization with gas as a linchpin of low-carbon transformation

Despite the growing opposition to fossil fuels, natural gas, primarily LNG, is still the top contender for the transition fuel, which will bridge the gap towards the sought-after low-carbon and green energy future.

20 minutes read
Alexandroupolis LNG terminal wins €106 million European Commission grant
Authorities & Government

Alexandroupolis LNG terminal wins €106 million European Commission grant

The European Commission has approved, under EU State aid rules, a €106 million Greek measure to support the completion of the construction of Gastrade’s liquefied natural gas (LNG) terminal in Alexandroupolis. The aid will take the form of a direct grant, and according to Gastrade, the promoter and

about 3 years ago
In focus: Advanced economies should pave the energy transition way as 'bolder action' is needed
Authorities & Government

In focus: Advanced economies should pave the net-zero way as bolder action is needed

Although achieving the current net-zero targets is still possible due to the fast-paced development of clean energy technologies, experts believe that we need to make moves that are more strategic.

about 3 years ago
Illustration/Artist’s impression of Swansea Bay Tidal Lagoon (Courtesy of Tidal Lagoon Power)
Authorities & Government

Welsh government starts assessing applications for tidal lagoon challenge

The Welsh government has started the review of 10 applications received from more than 20 organizations as part of its €860,000 (£750,000) Tidal Lagoon Challenge.

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Authorities & Government

Equinor ready to begin drilling work with Transocean rig

Equinor has received consent to use one of Transocean’s semi-submersible rigs for production drilling at a field in the North Sea off Norway.

about 3 years ago
Grane; Credit: Øyvind Hagen/Equinor
Authorities & Government

North Sea oil project gets the go-ahead to come on stream

Equinor has received the seal of approval from Norway’s authorities to bring online an oil field project in the Norwegian sector of the North Sea next month.

about 3 years ago
Greece and Saudi Arabia establish joint venture company to develop electricity link
Authorities & Government

Greece and Saudi Arabia lay foundation for development of electricity interconnector

Greece and Saudi Arabia have agreed to establish a special purpose company for the development of an electricity interconnector between the two countries. Chairman of the Board and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) Manos Manousakis and the

about 3 years ago
FPSO Petrojarl Knarr; Source: Altera Infrastructure
Authorities & Government

Multi-billion investment on the horizon, as UK greenlights giant Rosebank oil field

The North Sea Transition Authority has now given its blessing for the development of the controversial Rosebank field on the UKCS.

about 3 years ago