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Wheels in motion to tie-back field carrying name of god from Norse mythology to Norwegian Sea FPSO

Regulation & Policy

Field bearing name of god from Norse mythology to be tied back to existing FPSO

Equinor has submitted a plan for the development and operation (PDO) of a Norwegian Sea field to Norway’s Ministry of Petroleum and Energy.

about 3 years ago

West Elara jack-up rig; Source: Seadrill

Regulation & Policy

Seadrill tasked with addressing nonconformities on jack-up rig

Norwegian offshore safety regulator has carried out an audit of maintenance management on one of Seadrill’s jack-up rigs.

about 3 years ago

Regulation & Policy

Denmark awards first CO2 storage permit

The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 tonnes of CO2 in a former oil field over a four-month period. INEOS E&P and Wintershall Dea have been granted permission to begin a time- an

about 3 years ago

Regulation & Policy

North Sea field secures life extension

Sval Energi has received consent from Norway’s regulator to use the facilities on a North Sea field off Norway beyond their original lifespan.

about 3 years ago

Regulation & Policy

Will the UK’s huge new oil & gas project overcome the hurdles in its path?

Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

about 3 years ago

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

Regulation & Policy

Sabella’s tidal power production curve gets Bureau Veritas seal

French tidal energy developer Sabella has verified the power production curve of its D10 turbine through a certification issued by the classification group Bureau Veritas.

about 3 years ago

Regulation & Policy

All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he

about 3 years ago

Regulation & Policy

Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts

A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.

about 3 years ago

Repurposed North Sea rig closes its door to go back to its decommissioning cycle

Regulation & Policy

Repurposed North Sea rig closes its doors to go back to its decommissioning cycle

SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.

about 3 years ago

Regulation & Policy

How will UK’s energy windfall tax hike impact oil & gas players?

Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.

about 3 years ago

Regulation & Policy

Frontline: 65pct of our fleet will be scrubber fitted

Norwegian tanker shipping heavyweight Frontline is poised to have exhaust gas cleaning systems installed on over half of its fleet of over 70 ships. The company’s owned fleet included 37 scrubber-fitted vessels at the end of the third quarter of 2022, including 15 VLCCs, 19 Suezmax tankers and three

about 3 years ago

Regulation & Policy

Aker BP gearing up to drill North Sea well

Aker BP has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Saipem’s semi-submersible rigs.

about 3 years ago

Regulation & Policy

LIVE BLOG: Offshore Energy Exhibition & Conference 2022

18:00 It’s a wrap Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 28 & 29 November 2023! 17:30 Drinks at Navingo stand Offshore Energy Exhibition & Conference is almost coming to an end. The best way to celebrate thes

18 minutes read

Regulation & Policy

Tentative deal on including shipping’s GHG emissions in EU ETS covers methane and N20

A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS). The tentative deal was struck on Tuesday evening, and it leads to several milestones such as the inclusion of methan

about 3 years ago