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Regulation & Policy

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Illustration; Credit: Lone Stormoen/Equinor
Regulation & Policy

Norway presents 24 players with 62 oil & gas licenses amid ‘great interest’

Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.

about 2 years ago
BYD
Regulation & Policy

World’s biggest EV maker BYD takes delivery of first car carrier

BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled.

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about 2 years ago
Eagle Bulk
Regulation & Policy

Eagle’s bulker hit by ‘projectile’, crew uninjured as Red Sea situation continues to escalate

Eagle Bulk Shipping’s bulker MV Gibraltar Eagle is the latest commercial vessel to be targeted by the Houthis in the Red Sea as tensions in the region escalate following U.S. and U.K.-led airstrikes on Houthi’s positions in Yemen. The Conneticut-based dry bulk shipping major confirmed the attack in

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Vår Energi getting ready to spud North Sea wildcat

Vår Energi has secured a drilling permit to drill a wildcat well in the North Sea, using one of the Odfjell Drilling-managed semi-sub rigs.

about 2 years ago
Floating solar market will be as big as the onshore solar sector, says Oceans of Energy CEO
Regulation & Policy

Floating solar market will be as big as onshore solar sector, says Oceans of Energy CEO

The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]

about 2 years ago
Barossa concept; Source: Santos
Regulation & Policy

Victor emerges in court battle over development of giant gas project off Australia

Santos has won a court case, which enables it to continue with its planned work on the Barossa gas field development project offshore Australia.

about 2 years ago
Illustration; Source: Saipem
Regulation & Policy

Saipem hit with two-year suspension of public contracting activity in Brazil

Saipem is facing restrictions on new contracts in Brazil due to being banned from making new deals with the country’s public administration over the next couple of years.

about 2 years ago
H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark
Regulation & Policy

H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark

H2 Energy Europe, a builder of hydrogen ecosystems in Europe, has obtained environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. The approval issued for the facility, which will have a 1 GW electrolysis capacity, is said to be a significant milestone, bri

about 2 years ago
Illustration; Source: API
Regulation & Policy

US comes up with new emissions fee for oil & gas industry in methane clampdown

The U.S. Environmental Protection Agency (EPA) has set out to curb methane emissions from the oil and gas industry with a new proposed rule.

about 2 years ago
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
Regulation & Policy

ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati

about 2 years ago
piracy
Regulation & Policy

Oil tanker boarded near Oman

An oil tanker was boarded by unidentified armed individuals in military uniforms early this morning, some 50 nautical miles east of Sohar, Oman, the United Kingdom Maritime Trade Operations (UKMTO) said. Upon boarding, the vessel has reportedly altered course toward Iranian territorial waters and co

about 2 years ago
UN adopts resolution demanding immediate halt to Houthi attacks in the Red Sea
Regulation & Policy

UN adopts resolution demanding immediate halt to Houthi attacks in the Red Sea

Following what has been described as the ‘largest Houthi drone attack’ in the Red Sea on January 9, the U.N. Security Council adopted a resolution demanding that the Houthis immediately cease all attacks on merchant and commercial vessels. At least 21 missiles and drones were launched toward interna

about 2 years ago
Discriminating hydrogen colors will not get us any further
Regulation & Policy

Discriminating against hydrogen colors will not get us any further

Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledg

about 2 years ago
Green light for UK’s first large-scale hydrogen production plant
Regulation & Policy

Green light for UK’s first large-scale hydrogen production plant

Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, has received approval from Cheshire West and Chester Council to build a low-carbon hydrogen plant HPP1 at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire, UK. The plant, located at the heart of the HyNet industrial decarbonization c

about 2 years ago