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Regulation & Policy

Saudi ACWA Power seals 27 deals for green hydrogen and other technologies

ACWA Power, a Saudi Arabian developer, investor and operator of power generation, water desalination, and green hydrogen plants, has signed 27 memorandums of understanding (MoUs) at a recent three-day event to advance green hydrogen, desalination technologies, energy storage systems, and industrial

about 8 months ago

Regulation & Policy

Japanese hydrogen 4-stroke high-speed engine receives double ClassNK approval

Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar Holdings, has obtained ship classification certification for its hydrogen-fueled four-stroke high-speed engine. Yanmar Power Solutions reported on January 27 that it had become the first engine

about 8 months ago

Regulation & Policy

3 GW Egypt-Greece interconnector receives €9.56M grant for further studies

The European Commission has approved a €9.56 million grant for the preparation of further studies for a 3 GW electrical interconnection that will link Greece’s and Egypt’s power systems. Being developed by Elica Interconnector S.M.S.A, a member of the Copelouzos Group, the GREGY Project will transfe

about 8 months ago

Floatel Superior; Source: Floatel International

Regulation & Policy

All systems go for Aker BP to deploy Floatel’s vessel offshore Norway

Norwegian oil and gas operator Aker BP has received the green light to use one of Floatel’s semi-submersible support vessels at a field off the coast of Norway.

about 8 months ago

Regulation & Policy

North Sea wildcat on COSL rig’s drilling agenda for March

The Norwegian state-owned energy giant Equinor has obtained a drilling permit from the Norwegian Offshore Directorate (NOD) for a wildcat well in the Norwegian sector of the North Sea.

about 8 months ago

Regulation & Policy

Another approval in for multi-fuel and OCCS-ready bulk carrier

Shortly after securing one from the Japanese classification society ClassNK, Oshima Shipbuilding has been awarded approval in principle (AiP) from Lloyd’s Register (LR) for its Ultramax bulk carrier design, ready for multiple alternative fuels and onboard carbon capture and storage (OCCS). The AiP c

about 8 months ago

Meeting between Karim Badawi, Minister of Petroleum and Mineral Resources, and delegation from Technip Energies, Enppi, and Petrojet; Source: Ministry of Petroleum and Mineral Resources - Egypt

Regulation & Policy

Technip Energies and two Egyptian firms laying the groundwork to set up new player

Technip Energies has engaged in talks with Egypt’s government to establish a new company with two Egyptian firms, Enppi and Petrojet, to execute major projects and export engineering and contracting services.

about 8 months ago

Regulation & Policy

EIB to help Minesto strengthen investment case for 10 MW tidal energy project

The European Investment Bank (EIB) has selected Swedish tidal energy developer Minesto for in-depth investment advisory support focused on increasing the financial attractiveness and overall quality of the investment offer for a 10 MW tidal energy array as part of a larger build-out in a selected EU

about 8 months ago

Regulation & Policy

Hamburg Declaration: North Sea countries target 100 GW of cross-border offshore wind, boost to green hydrogen

Energy ministers from nine North Sea countries signed the ‘Hamburg Declaration’ at the North Sea Summit in Hamburg on January 26, agreeing to work towards up to 100 GW of cross-border offshore wind capacity in the North Seas by 2050, while also advancing offshore renewable hydrogen as part of a more

about 8 months ago

EU flag; Credit: Adrijana Buljan, Editor-in-Chief at offshoreWIND.biz, Offshore-Energy.biz's sibling site

Regulation & Policy

EU endorses ban on Russian pipeline gas and LNG imports

In a move to wean itself completely off Russian oil and gas imports, the European Union (EU) has given the green light for a ban on imports of pipeline gas and liquefied natural gas (LNG), with oil expected to follow suit in 2027.

about 8 months ago

Regulation & Policy

Go-ahead for Aker BP to use Floatel’s vessel at Norwegian offshore field

The Norwegian offshore safety regulator has given Aker BP consent to deploy one of Floatel’s semi-submersible accommodation and construction support vessels at a field off the coast of Norway.

about 8 months ago

Transocean Encourage rig; Source: Transocean

Regulation & Policy

Equinor’s drilling ops with Transocean rig in the clear

Equinor has secured the green light from the Norwegian authorities for drilling activities in the Norwegian Sea, which will be undertaken with a semi-submersible rig owned by Transocean, an offshore drilling player.

about 8 months ago

Regulation & Policy

Private LNG operator takes EU to court over €4.96 billion state funding

Deutsche ReGas, Germany’s private operator of liquefied natural gas (LNG) terminals, has embarked on a legal battle to challenge the European Commission’s approval of the €4.96 billion subsidy scheme, claiming that state aid for LNG terminals harms competition and weakens gas security.

about 8 months ago

Regulation & Policy

Great British consumers see $2.2B benefit from interconnectors since 2023, analysis says

Consumers in Great Britain have benefited more than £1.65 billion (around $2.211 billion) from subsea electricity interconnectors since 2023, the UK National Grid reported. The analysis of the benefit of National Grid’s subsea electricity interconnector portfolio, said to be the largest in the world

about 8 months ago