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Investigation looking into whether oil and gas firm failed to meet North Sea license obligations

Regulation & Policy

Investigation looking into whether oil & gas firm failed to meet North Sea license obligations

UK regulator North Sea Transition Authority (NSTA) has launched an investigation into whether an oil and gas company possibly failed to meet license obligations, including seismic survey and work program commitments, designed to stimulate activity. The investigation will look into whether the compan

about 3 years ago

Nova Innovation’s tidal turbine in Étel Estuary (Courtesy of Nova Innovation)

Regulation & Policy

Nova Innovation deploys tidal turbine in France

Scottish company Nova Innovation has installed its tidal energy turbine at the Étel Estuary, bringing its turbines to France for the first time.

about 3 years ago

Illustration/Sabella's D10 tidal turbine (Courtesy of Sabella)

Regulation & Policy

French launch €1.5M project to decarbonize island power grids

A collaborative project dubbed OPTILE has been launched in France with the aim of decarbonizing the supply of electricity to island grids using offshore renewable energy.

about 3 years ago

Oseberg field centre (for illustration purposes); Source: Harald Pettersen/ Equinor

Regulation & Policy

Norway’s oil & gas output takes a downturn

Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.

about 3 years ago

Regulation & Policy

While one gets dropped, nine oil & gas projects still going ahead

Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.

about 3 years ago

Regulation & Policy

Viridis wins AiP for its ammonia-powered short-sea bulk vessel

Classification society Bureau Veritas has issued an Approval in Principle (AiP) to Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederia, for its ammonia-powered short-sea bulk vessel. Vi

about 3 years ago

Seabased’s CEO with government officials following MoU signing (Courtesy of Seabased)

Regulation & Policy

Seabased shakes hands for 10MW wave energy plant in Tonga

Swedish wave energy company Seabased has signed a memorandum of understanding (MoU) for the development of 10MW wave energy plant offshore the Polynesian country and archipelagic state of Tonga.

about 3 years ago

Regulation & Policy

DUH demands immediate halt to construction as work begins on Baltic Sea LNG terminal

Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection demanding an immediate halt to the construction of the planned Baltic Sea LNG terminal for which initial works have started. Earlier this month, the environmentalist group voiced i

about 3 years ago

Regulation & Policy

S&P Global: Russia’s ghost fleet estimated at 434 vessels

Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s

about 3 years ago

Regulation & Policy

Irish TSO seeking services for interconnector projects

Irish transmission system operator (TSO) EirGrid has launched a tender comprising five lots that seeks offshore marine support services for interconnector projects. EirGrid is looking for a strategic partner to provide a range of specialized offshore services, resources and consultancy advice, studi

about 3 years ago

Regulation & Policy

EU’s Net-Zero Industry Act: A chance to scale up net-zero tech or missed opportunity to match US IRA?

As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable hydrogen, carbon capture, and alternative fuel technologies, among others. On

about 3 years ago

Regulation & Policy

LR green lights Rotoboost’s pre-combustion carbon capture system

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is

about 3 years ago

Illustration/Mississipi River Delta. Osmotic power is extracted from the difference in the salt concentration when river fresh water meets sea water, which naturally occurs in river deltas (Courtesy o

Regulation & Policy

Europeans launch association for promotion of osmotic energy as renewables source

Four European companies have teamed up to launch an association to promote the potential and the development of osmotic energy called Osmotic Energy for the European Union (OE4EU).

about 3 years ago

Illustration; Source: Offshore Energies UK (OEUK)

Regulation & Policy

What is being said about UK’s £20 bln funding for carbon capture and storage projects?

As part of the UK’s 2023 Spring Budget, £20 billion (nearly $24.2 billion) funding has been unveiled to scale up carbon capture and storage (CCS) projects. The energy industry sees this funding as a way to speed up decarbonisation across the UK and step up the shift towards renewables.

about 3 years ago