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Regulation & Policy

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Fossil EnergyFPSOFPSO & VesselsOffshore WindOil & GasSubseaAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsEnvironmentExploration & ProductionOutlook & StrategyProject & TendersTransitionVesselsEnergy Efficiency & InnovationGreen MarineCertification & ClassificationInfrastructureCablingRules & RegulationMarine EnergyCollaborationMarket OutlooksRigsHuman CapitalTidal & Wave EnergyEquipmentInnovationTechnologyClean FuelDredgingLNGPorts & LogisticsResearch & Development
Teekay hands over FPSO vessel for UK project with potential to be powered by offshore wind
Regulation & Policy

Teekay hands over FPSO vessel for UK project with potential to be powered by offshore wind

Teekay Corporation has delivered an FPSO vessel to an operator of a North Sea project, which anticipates operational deployment by 2025.

about 4 years ago
DNV
Regulation & Policy

DNV: Aegean Myth is the first verified SEEMP III vessel

Classification society DNV has awarded a certificate to Greek shipping company Arcadia Shipmanagement recognizing the tanker Aegean Myth as the first vessel globally to have a SEEMP III manual.

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about 4 years ago
Great Britain-Ireland link gets electricity interconnector license
Regulation & Policy

Ofgem grants electricity interconnector license for Great Britain-Ireland link

UK energy market regulator Ofgem has granted an electricity interconnector license for the MaresConnect Interconnector that will link Ireland and Great Britain. The license, granted on 27 June, authorizes MaresConnect Limited to participate in the operation of the interconnector that will link the B

about 4 years ago
Marine Energy Wales team (Courtesy of Marine Energy Wales)
Regulation & Policy

Marine Energy Wales gets government funding

Marine Energy Wales, the industry association for Welsh marine energy, has secured a new three-year grant from the Welsh government to support its work until 2025.

about 4 years ago
‘Key milestone’ under Ithaca’s belt as it closes acquisition of Siccar Point
Regulation & Policy

‘Key milestone’ under Ithaca’s belt as it closes acquisition of Siccar Point

Delek’s Ithaca Energy has completed the acquisition of Siccar Point Energy, which has enabled it to further expand its North Sea portfolio.

about 4 years ago
Two oil & gas firms ready to drill North Sea wells this month
Regulation & Policy

Two oil & gas firms ready to drill North Sea wells this month

Two oil and gas players have been granted drilling permits by Norwegian authorities for wildcat wells in the North Sea offshore Norway.

about 4 years ago
Norway’s oil & gas output to shrink as offshore workers scale up strike action
Regulation & Policy

Norway’s oil & gas output to shrink as offshore workers scale up strike action

Dispute over wage demands threatens to reduce oil and gas production in Norway, as offshore workers are likely to down their tools this week.

about 4 years ago
Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Regulation & Policy

Orbital Marine secures €9.2M tidal energy funding

Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.

about 4 years ago
As merger with Lundin goes into effect, Aker BP unveils plans to spend more than $15 billion on projects
Regulation & Policy

As merger with Lundin goes into effect, Aker BP unveils plans to spend over $15 bln on projects

The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.

about 4 years ago
Transocean rig gets the go-ahead for ops at Equinor’s North Sea field
Regulation & Policy

Transocean rig gets the go-ahead for ops at Equinor’s North Sea field

Equinor has received consent from Norway’s regulator to use a Transocean-owned rig for well intervention on a field located in the North Sea.

about 4 years ago
Illustration/Hexicon floating wind technology (Courtesy of Hexicon)
Regulation & Policy

In focus: Offshore industry forms decarbonization tie-ups, as need for more renewable energy investments grows

Despite the projections stating the global energy investments are to reach $2.4 trillion this year, much more is still needed to successfully tackle the issues of energy security and climate crises globally

about 4 years ago
LNG terminal
Regulation & Policy

German regulator simplifies construction process of future LNG terminal in Stade

The German Federal Network Agency (BNetzA) has exempted Stade’s Hanseatic Energy Hub LNG terminal from tariff and network access regulation for 25 years, enabling the planned construction of the terminal to start earlier.

about 4 years ago
Visualization of proposed Larantuka Strait tidal turbine array (Courtesy of SBS)
Regulation & Policy

UKEF shows interest to fund SBS’ tidal power project in Indonesia

SBS and its state-owned partner Indonesia Power have received expression of interest (EoI) from UK Export Finance Agency (UKEF), confirming multi-million dollar project development financing for a tidal power scheme in Indonesia

about 4 years ago
Lundin rebrands to Orrön Energy as it becomes pure-play renewables business
Regulation & Policy

Lundin rebrands as Orrön Energy after ditching E&P business

Lundin Energy has changed its name to Orrön Energy to reflect its new status as a pure-play renewables business.

about 4 years ago