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Regulation & Policy

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Illustration; Source: International Energy Agency (IEA)
Regulation & Policy

IEA: Oil & gas decline rates sound the alarm over global energy security risks

Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi

about 1 year ago
bound4blue
Regulation & Policy

bound4blue gains approval from LR for wind power calculation methodology

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Spanish automated wind-assisted propulsion system specialist bound4blue has clinched validation of its wind propulsion system force matrix calculation methodology from the UK’s classification society Lloyd’s Register (LR), thus leaping another step forward in the ambition to “accelerate and simplify

about 1 year ago
LR forges alliance with H2C to propel maritime decarbonization
Regulation & Policy

LR forges alliance with H2C to propel maritime decarbonization

UK-based classification society Lloyd’s Register (LR) has formed a strategic partnership with H2C, the global attribute market platform for low-carbon fuels, to speed up maritime fuel switching.

about 1 year ago
Global OTEC’s structural prototype for operating OTEC in tropical storm prone environments under the Horizon Europe funded 'PLOTEC' project
Regulation & Policy

Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops

UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation. According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply basel

about 1 year ago
DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation
Regulation & Policy

DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation

DNV has awarded an approval in principle (AiP) to HD Hyundai Mipo for an ammonia dual-fuel medium gas carrier (MGC) design featuring a forward (FWD) accommodation layout.

about 1 year ago
NKT named preferred bidder for UK’s subsea green electricity superhighway
Regulation & Policy

NKT named preferred bidder for UK’s subsea green electricity superhighway

Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the U

about 1 year ago
Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation
Regulation & Policy

Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation

Stargate Hydrogen, an Estonia-based deep-tech and green hydrogen technologies manufacturer, has signed a memorandum of understanding (MoU) with the Research, Development, and Innovation Authority (RDIA) of Saudi Arabia to boost hydrogen innovation.

about 1 year ago
Illustration; Source: Chevron
Regulation & Policy

Chevron’s JV with local player makes a play for four hydrocarbon blocks offshore Greece

Hellenic Hydrocarbons & Energy Resources Management Company (Herema) has revealed that a joint venture (JV), entailing the U.S.-headquartered energy giant Chevron and Helleniq Energy, has submitted bids for hydrocarbon exploration at four blocks off the coast of Greece.

about 1 year ago
Babcock
Regulation & Policy

Babcock LGE’s onboard carbon capture solution greenlit by Lloyd’s Register

Babcock International Group’s LGE business has secured an approval in principle (AiP) from the UK-based classification society Lloyd’s Register (LR) for its onboard carbon capture system (OCCS). As informed, Babcock LGE was awarded the stamp of approval for its OCCS named ecoCPTR at a maritime event

about 1 year ago
Brage platform; Source: OKEA
Regulation & Policy

Norway casts light on recent North Sea oil discovery

Following an oil discovery at a prospect off the coast of Norway, the Norwegian Offshore Directorate (NOD) has revealed further insight into the latest black gold find in the North Sea.

about 1 year ago
KOMAC’s LNG-fueled hydrogen-ready LCO2 carrier gets RINA’s nod of approval
Regulation & Policy

KOMAC’s LNG-fueled hydrogen-ready LCO2 carrier gets RINA’s nod of approval

RINA has awarded KOMAC the approval in principle (AiP) for a newly developed 40,000 cbm LNG-fueled, H2-ready LCO2 carrier.

about 1 year ago
DNV greenlights Samsung Heavy Industries’ 80,000 cbm liquefied hydrogen carrier design
Regulation & Policy

DNV greenlights Samsung Heavy Industries’ 80,000 cbm liquefied hydrogen carrier design

DNV has awarded approval in principle (AiP) to Samsung Heavy Industries (SHI) for its 80,000 cbm liquefied hydrogen (LH2) carrier design.

about 1 year ago
BV gives nod of approval to Hudong Zhonghua’s 25,000 cbm LNG bunker vessel
Regulation & Policy

BV gives nod of approval to Hudong Zhonghua’s 25,000 cbm LNG bunker vessel

France-based classification society Bureau Veritas (BV) has greenlit the design of a 25,000 cbm liquefied natural gas (LNG) bunker vessel developed by China’s major Hudong Zhonghua Shipbuilding. As informed, the approval in principle (AiP) for the ship was granted in Milan, Italy, at a recent mariti

about 1 year ago
Greece investing over €61M in third Corfu-mainland interconnector
Regulation & Policy

Greece investing over €61M in third Corfu-mainland interconnector

Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) is investing more than €61 million to further strengthen Corfu’s energy security with a third subsea interconnector linking the island to the mainland. The project will see the construction of the 21-kilometer 15

about 1 year ago