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Regulation & Policy

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Scarabeo 8 rig; Source: Saipem
Regulation & Policy

Aker BP’s North Sea well comes up dry

Aker BP has completed the drilling of an exploration well near the Edvard Grieg field in the Norwegian sector of the North Sea but failed to find hydrocarbons.

about 3 years ago
Conversion works on Greece’s first FSRU start at Keppel shipyard
Regulation & Policy

Conversion works on Greece’s first FSRU start at Keppel shipyard

Conversion of GasLog’s DNV-classed LNG carrier Gaslog Chelsea, which was recently renamed as Alexandroupolis, to a floating storage regasification unit (FSRU) has kicked off at the Keppel shipyard in Singapore. This marks the beginning of the work to develop Greece’s first FSRU which will serve as a

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about 3 years ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Regulation & Policy

Recent oil discovery in Barents Sea puts forward tie-back to existing FPSO

Vår Energi’s oil discovery near the Goliat field in the Barents Sea has brought the possibility of a tie-back to the existing infrastructure.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Regulation & Policy

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

about 3 years ago
Illustration; Source: DNV
Regulation & Policy

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago
Inspirer rig; Source: Repsol Norge
Regulation & Policy

Repsol tasked with addressing nonconformities on jack-up rig

Norwegian regulator is awaiting a response from Repsol regarding the way the identified nonconformities on a jack-up rig will be handled.

about 3 years ago
West Linus rig; Source: Seadrill
Regulation & Policy

After worker suffers ‘crushing injuries’ during work on jack-up rig, probe reveals nonconformities

Norwegian offshore safety regulator has completed an investigation into an incident involving a personal injury during work on a drag chain on a jack-up rig.

about 3 years ago
Port of Hamburg
Regulation & Policy

BSM: EU ETS will have extensive impact on our and our clients’ business

Maritime services company Bernhard Schulte Shipmanagement (BSM) is developing an IT platform that will cover the entire compliance process with the EU Emissions Trading System (ETS) set to be introduced in 2024, the company said. The platform will focus on handling compliance, data collection and ve

about 3 years ago
Port
Regulation & Policy

BPA: More than one in ten port regulations in need of urgent reform

The British Ports Association (BPA) has mapped out some of the most important pieces of legislation and regulation that affect ports and rated their suitability to the industry. The regulatory assessment identified 140 regulations, codes, and laws that affect ports. According to BPA, 12% of these we

about 3 years ago
Illustration (Courtesy of TNO)
Regulation & Policy

Dutch take aim at lower green hydrogen costs by combining offshore wind and floating solar

A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects.

about 3 years ago
Fluxys LNG opens subscription window for commercialisation of berthing rights
Regulation & Policy

Fluxys LNG opens subscription window for commercialisation of berthing rights

Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has organised a subscription window for the commercialisation of berthing rights for the year 2023. According to Fluxys LNG, small-scale ship loading and unloading services were used more than ever and the market shows interest

about 3 years ago
EU ETS
Regulation & Policy

EU’s new wave of sanctions targets Russia’s Middle East shipping company

The EU has adopted a new package of sanctions against Russia and its supporters in response to Russia’s invasion of Ukraine. The tenth package of sanctions is being adopted as the world marks one year since Russia’s full-scale invasion of Ukraine and is targeting 121 entities and individuals. The pa

about 3 years ago
Northern European partners hand in application for CO2 storage project off Norway
Regulation & Policy

Northern European partners hand in application for CO2 storage off Norway

Neptune Energy, Sval Energi and Storegga have submitted an application for a CO2 storage project in the Norwegian North Sea which has the potential to store up to 225 million tonnes of CO2. The application was submitted to the Norwegian Ministry of Petroleum and Energy following the announcement of

about 3 years ago
CMA CGM
Regulation & Policy

Green Ray project targeting methane slip from LNG-fuelled engines wins EU backing

The Green Ray project, led by a consortium of companies across the shipping supply chain, has won funding from the European Union to develop solutions minimizing methane slip from marine engines. The funding worth €7 million has been secured through Horizon Europe, the EU’s key funding program for r

about 3 years ago