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Regulation & Policy

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Illustration/Nova Innovation's tidal energy turbine (Courtesy of Nova Innovation)
Regulation & Policy

UK government halves ring-fenced support for tidal energy in next renewables auction

The UK government has confirmed the £205 million budget for renewable energy projects in the fifth round of contracts for difference (CfD) auction, which features plans to cut the tidal stream ring-fence from £20 million to £10 million.

about 3 years ago
In pursuit of balanced import and export, North Sea Link to reduce capacity
Regulation & Policy

In pursuit of balanced import and export, North Sea Link to reduce capacity

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Norway’s Statnett has decided to reduce the maximum capacity on the 1,400 MW North Sea Link interconnector between Norway and the UK in order to make a balance for import and export. Capacity will be set to a maximum of 1,100 MW in both directions, from the installed capacity of 1,400 MW, and will b

about 3 years ago
Norway-UK interconnector hits a snag with license application refusal
Regulation & Policy

Norway-UK interconnector hits a snag with license application refusal

The Norwegian Ministry of Petroleum and Energy has rejected the license application for the construction and operation of a 1.4 GW overseas interconnector between Norway and the UK. The ministry reported on 16 March that after an overall assessment, it had come to the conclusion that there is no bas

about 3 years ago
Sustainable Marine’s PLAT-I 6.40 platform deployed at Grand Passage in Nova Scotia (Courtesy of Sustainable Marine)
Regulation & Policy

IEA-OES: Ocean energy advancements made across the globe in 2022

Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of key achievements and progress made in the ocean energy sector in its new annual report for 2022.

about 3 years ago
EEC
Regulation & Policy

EEC, Astander Shipyard pen MoU on green ship recycling

Netherlands-based Elegant Exit Company (EEC) has signed a Memorandum of Understanding (MoU) with Spain’s Astander Shipyard to collaborate on ship recycling initiatives. Located at the southern end of the Port of Santander, Northern coast of Spain, Astander is a shipyard with 130 years of expertise i

about 3 years ago
Scrubber
Regulation & Policy

BIMCO: Scrubber installation set to rise despite 2022 fall

Exhaust gas cleaning systems, also known as scrubbers, were installed on 399 ships in 2022, marking a fall of 24% y/y, data from BIMCO shows. The systems are being installed on ships to comply with the IMO 2020 Sulphur Cap as a way of cleaning out sulphur emissions while continuing to burn less expe

about 3 years ago
Grieg Star
Regulation & Policy

Grieg Star shares ‘surprising’ findings of a study involving retrofitting deep-sea ships to ammonia

A group of cross-industry experts, led by Grieg Star, has conducted a study involving the potential retrofitting of an open hatch vessel to run on green ammonia. Initial findings of the study said that elements perceived as challenges turned out not to be barriers or present major risks for moving f

about 3 years ago
Illustration; Source: Wood Mackenzie
Regulation & Policy

How is European and U.S. oil majors’ energy transition journey shaping up?

While the transition to low-carbon energy is making strides, the oil majors in Europe and the U.S. have made progress at a different pace.

about 3 years ago
New Enagás agreement to boost decarbonisation of Valencia region in Spain
Regulation & Policy

New Enagás agreement to boost decarbonisation of Valencia region in Spain

Ximo Puig, the President of the Generalitat Valenciana (different self-government institutions under which the Spanish autonomous community of Valencia is politically organised), and Arturo Gonzalo, CEO of Spanish energy company Enagás, have signed a general protocol of action to promote the develop

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Regulation & Policy

Equinor ready to spud Norwegian Sea prospect this month

Equinor has secured a drilling permit from Norway’s authorities for an exploration well in the Norwegian Sea, which will be drilled using one of Odfjell Drilling’s rigs.

about 3 years ago
Image credit MAN Energy Solutions
Regulation & Policy

MAN wins AiP for methanol-ready, four-stroke engine

Germany-based engine manufacturer MAN Energy Solutions has obtained Approval in Principle (AiP) from the Italian classification society RINA for its methanol-ready MAN L/V 32/44CR engine. The AiP covers an upgrade concept for the four-stroke engine for conversion to dual-fuel running on methanol, MA

about 3 years ago
Inseanergy's floating solar technology (Courtesy of Inseanergy)
Regulation & Policy

Norwegian floating solar developers settle patent dispute

Norway-based floating solar companies Ocean Sun and Inseanergy have reached a settlement agreement for floating solar technology patents.

about 3 years ago
Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate
Regulation & Policy

In focus: Carbon capture and storage projects gain worldwide momentum

Carbon capture and storage (CCS) projects are increasingly gaining more prominence in the race to make the world cleaner and more sustainable, driven by the interest from some of the most important offshore energy players.

about 3 years ago
BW Offshore, SwitcH2 get DNV’s nod for floating ammonia production unit
Regulation & Policy

BW Offshore, SwitcH2 get DNV’s nod for floating ammonia production unit

An industrial-scale concept for a floating green ammonia production unit developed by Netherland-based SwitcH2 BV and Norway-based BW Offshore has secured Approval in Principle (AiP) from classification society DNV. With AiP in place, the technical feasibility of the design has been affirmed and the

about 3 years ago