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Regulation & Policy - Offshore Energy

Regulation & Policy

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Regulation & Policy

KNCC all set to order LCO2 carriers featuring its unique containment system

Knutsen NYK Carbon Carriers AS (KNCC) is ready to order LCO2 carriers fitted with its unique Liquefied CO2-Elevated Pressure (LCO2-EP) containment system, the company said. The intention is being revealed on the back of a General Approval for Ship Application (GASA) the company secured for the LCO2-

about 3 years ago

Regulation & Policy

North Sea oil & gas projects with $14.9 billion investment tag inch closer to green light

Aker BP is one step closer to getting the final stamp of approval for the development of its oil & gas projects in the North Sea off Norway.

about 3 years ago

Åsgard B platform; Credit: Øyvind Hagen/Equinor

Regulation & Policy

Inquiry into fire incident at Norwegian offshore gas platform draws to a close

Norwegian offshore safety regulator has finished investigating a fire incident on a platform in the Norwegian Sea.

about 3 years ago

Depsea Yantai rig; Source: Odfjell Drilling

Regulation & Policy

Go-ahead for two oil & gas firms to drill in North Sea with Odfjell rigs

Aker BP and Neptune Energy have received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian North Sea.

about 3 years ago

The Blue Energy pilot plant (Courtesy of Friesland Province)

Regulation & Policy

Dutch province grants €1.2 million for osmotic power pilot scale-up

Dutch province of Friesland has made available €1.2 million for scaling up the Blue Energy project, which generates clean electricity through the osmosis process.

about 3 years ago

Illustration; Source: American Petroleum Institute (API)

Regulation & Policy

Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention

Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.

about 3 years ago

Regulation & Policy

In focus: Investments in clean energy to top $1.7 trillion in 2023

Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,

about 3 years ago

Regulation & Policy

INTERCARGO warns against regulating shipping in isolation

As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t

about 3 years ago

Regulation & Policy

Congo and Technip Energies ink energy cooperation agreement

Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both

about 3 years ago

Capacity of UK-France interconnector reduced by 150 MW

Regulation & Policy

Capacity of planned UK-France interconnector reduced to 1,250 MW

Developers of the FAB interconnector that will link Great Britain and France are planning to submit an updated planning application regarding the project’s converter station in the UK. FAB Link Limited and Réseau de Transport d’Électricité (RTE) have amended the design of the project from a capacity

about 3 years ago

Regulation & Policy

Denmark and Germany sign Bornholm Energy Island agreement, first legally binding cooperation on joint offshore renewable energy project in EU

German Federal Minister for Economic Affairs and Climate Action, Robert Habeck, and Danish Minister for Climate, Energy and Utilities, Lars Aagaard, have signed an agreement for the Bornholm Energy Island in the Baltic Sea. This is the first legally binding cooperation agreement in Europe on a joint

about 3 years ago

Regulation & Policy

Ireland and Germany formalise cooperation on green hydrogen

The Irish Department of the Environment, Climate and Communications and the German Federal Research Ministry have signed a Joint Declaration of Intent (JDoI) on cooperation in the field of green hydrogen. The Irish Department said that realising the full potential of offshore renewable energy resour

about 3 years ago

Regulation & Policy

New development plan for reservoir off Cyprus includes ‘change to fundamental project concept’

The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,

about 3 years ago

Regulation & Policy

Aker Horizons nets $12 million in funding for Rjukan green hydrogen project

Green energy developer Aker Horizons ASA has announced that Aker Horizons Asset Development, its wholly-owned asset development arm dedicated to hydrogen projects, has been awarded up to NOK 135 million ($12.2 million) in grants and loans from Innovation Norway for the green hydrogen production faci

about 3 years ago