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Regulation & Policy

Development of Southeast Asian gas discoveries is a go

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has confirmed the go-ahead for a field development plan covering gas discoveries off the coast of Vietnam, Southeast Asia.

about 6 months ago

PEL 87 location map; Source: Pancontinental

Regulation & Policy

Pancontinental picks up 12-month extension for Namibia’s Orange Basin permit

Pancontinental Orange, a subsidiary of Australia-based petroleum exploration player Pancontinental Energy, has secured a one-year extension of its license off the coast of Namibia.

about 6 months ago

Noble Integrator jack-up rig; Source: Noble Corporation

Regulation & Policy

Aker BP picks up clearance for oil & gas drilling ops with Noble rig

Norwegian authorities have given the go-ahead for production drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a rig owned by Noble Corporation, a U.S.-headquartered energy giant.

about 7 months ago

Regulation & Policy

Japanese long-distance cable-laying vessel receives general design approval

Japanese classification society ClassNK has issued its General Design Approval (GDA) for a cable-laying vessel (CLV) developed by Nippon Yusen Kabushiki Kaisha (NYK Line), verifying the vessel’s compliance with relevant rules at the detailed design level. NYK reported that it had, on February 13, co

about 7 months ago

Illustration; Credit: Morten Berentsen/NOD

Regulation & Policy

Cooperation, cost cuts, and new tech keys to unlock oil & gas from tight reservoirs

Given the large quantities of oil and gas in so-called tight reservoirs on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has shed light on ways to speed up the oil and gas production from tight reservoirs off the coast of N

about 7 months ago

FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO

Regulation & Policy

PRIO gets its hands on operating license for Brazilian subsea tie-back project

Brazilian oil and gas company PRIO, formerly known as PetroRio, has picked up an operating license for a subsea tie-back project in the Campos basin off the coast of Brazil.

about 7 months ago

FPSO Energean Power works at the Karish field offshore Israel; Source: Energean

Regulation & Policy

Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms

As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flo

about 7 months ago

Regulation & Policy

Shipping company secures fixed-rate e-methanol supply ahead of EU climate regulations

European shipping company RFOcean has signed a binding long-term off-take agreement with ETFuels to purchase e-methanol at a fixed price from 2030. According to ETFuels, the agreement positions RFOcean ahead of binding and punitive new EU maritime emissions rules, the FuelEU Maritime regulation, whi

about 7 months ago

Regulation & Policy

With new MoU, Kongsberg Maritime commits to decarbonization efforts in Indonesia

Norway-headquartered Kongsberg Maritime has signed a memorandum of understanding (MoU) with Indonesia’s state-owned and largest shipyard, PT PAL Indonesia, to work on advancing energy efficiency and decarbonization across the country’s maritime sector. Kongsberg Maritime said that the agreement repr

about 7 months ago

Regulation & Policy

Corpus Christi becomes second-largest US LNG export project thanks to export expansion approval

The U.S. Energy Department has approved a 12% expansion in exports at Cheniere Energy’s Corpus Christi liquefied natural gas (LNG) terminal, located on the La Quinta Ship Channel in South Texas. The authorization, signed by U.S. Secretary of Energy Chris Wright, allows additional exports of up to 0.

about 7 months ago

Regulation & Policy

‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance

Swiss marine power company WinGD has completed what it says is the world’s first type approval (TAT) and factory acceptance testing (FAT) for an ammonia-fuelled two-stroke marine engine. Both TAT and FAT programs were completed last month, with testing of the X52DF-A-1.0 engine carried out at the HD

about 7 months ago

Regulation & Policy

Worley hops on board Denmark’s national hydrogen transmission network

Australia’s engineering player Worley has secured an engineering, procurement and construction management (EPCM) services contract with Danish national transmission system operator (TSO) Energinet for the country’s national hydrogen transmission network that will link large-scale green hydrogen prod

about 7 months ago

Regulation & Policy

Four companies jointly bid to develop Britain’s first hydrogen network in the Humber

National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber. Together as Humber Hydrogen, the partners are looking to develop a network that would connect projects across Yorkshire and

about 7 months ago

Regulation & Policy

$20 billion Asian LNG project moves forward with environmental clearance

An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.

about 7 months ago