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Authorities & Government - Offshore Energy

Authorities & Government

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Authorities & Government

Maritime bodies call for long-term plan to decarbonize shipping

The UK Chamber of Shipping and seven other maritime trade bodies have written to the UK’s maritime minister Mike Kane urging for the creation of a long-term plan to decarbonize shipping.

about 2 years ago

Authorities & Government

UK’s oil & gas windfall tax hike – Coup de grace or boon for North Sea jobs and upstream investment?

How can the UK put all the puzzle pieces together to cultivate a sweet spot in an uncertainty-ridden backdrop of energy investment in the North Sea?

14 minutes read

Authorities & Government

Over $86 million to be split between UK and Belgium consumers as 1 GW subsea interconnector’s ‘remarkable’ revenues exceed Ofgem’s cap

An interconnector between the UK and Belgium, which is the first subsea electricity cable link to be regulated under the cap and floor regime set by the UK’s regulator Office of Gas and Electricity Markets (Ofgem) to spur further interconnector developments, will be giving back more than $43 million

about 2 years ago

Authorities & Government

Multiple oil & gas firms ink deals for 12 fields offshore Malaysia

Petronas has signed production sharing contracts (PSCs) with several oil and gas players for three clusters of discovered resource opportunities (DRO) situated offshore Peninsular Malaysia as part of the first round of Malaysia Bid Round Plus (MBR+).

about 2 years ago

Authorities & Government

Coming to grips with security risks: Germany backs project for keeping critical subsea infrastructure out of harm’s way

Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.

13 minutes read

Authorities & Government

Canada to support clean hydrogen trade with Germany with up to $300 million

Canada will commit up to $300 million to ensure the development of a transatlantic hydrogen trade corridor with Germany.

about 2 years ago

Authorities & Government

World’s ‘most ambitious’ subsea interconnector igniting zest for clean power superhubs: Embracing NATO-L to reinforce energy security bonds between America and Europe

The first-ever interconnection between North America and Western Europe is anticipated to enable a new dawn to brake over energy security across the Atlantic.

about 2 years ago

Authorities & Government

Spain gives provisional go-ahead for Enagas to start developing H2Med hydrogen corridor

Enagás Infraestructuras de Hidrógeno, a unit of Spanish gas grid operator Enagas, has received preliminary approval from the government to start developing the Spanish section of H2Med, Europe’s first major green hydrogen corridor, and related hydrogen infrastructure. On July 29, the Council of Mini

about 2 years ago

Illustration of Magallanes Renovables tidal stream device. Source: UK Marine Energy Council

Authorities & Government

UK increases tidal stream ringfence budget

The Marine Energy Council (MEC) welcomed the increase, which is expected to contract an additional 25 MW of tidal stream capacity to the UK’s deployment pipeline.

about 2 years ago

Authorities & Government

Six hydrogen production deals concluded in Tunisia

Tunisia has signed six memoranda of understanding (MoU) with European companies for the production of green hydrogen.

about 2 years ago

The UK Marine Energy Council (MEC)'s five key asks

Authorities & Government

MEC hails Great British Energy, Crown Estate partnership

This partnership is set to support early site development, speeding up marine energy deployment and creating a pipeline of projects for future renewable auctions.

about 2 years ago

Authorities & Government

Potential procurement violations prompt probe into Cyprus’ LNG terminal

The European Public Prosecutor’s Office (EPPO) in Nicosia, Cyprus has launched an investigation into the country’s liquefied natural gas (LNG) import terminal project due to suspected procurement fraud, misappropriation of European Union (EU) funds, and corruption.

about 2 years ago

Authorities & Government

EU approves two Dutch renewable hydrogen measures

European Commission has approved a €998 million Dutch scheme to support the production of renewable hydrogen, as well as an €80 million measure to support Djewels, a subsidiary of HyCC, in the demonstration of a hydrogen production technology.

about 2 years ago

Authorities & Government

US Congress members urge Biden to issue EO to back shipping decarbonization

Fifteen members of the U.S. Congress, led by Congresswoman Nanette Barragán, have urged President Joe Biden to issue an executive order (EO) to support the decarbonization of the maritime industry.

about 2 years ago