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Regulation & Policy

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Robin Tayal from Scottish National Investment Bank and Richard Knox, CEO of Verlume (Courtesy of SNIB)
Regulation & Policy

Verlume secures over €8M to boost expansion plans

Scottish intelligent energy management and storage technologies specialist Verlume has secured €8.1 million for business scale-up and development of larger projects.

about 3 years ago
Environmental Defense Fund Europe (EDFE)
Regulation & Policy

Is the EU on the cusp of grabbing methane by the horns or will it let these emissions slip through the cracks?

The EU is preparing to cast its vote on the first methane emissions regulation, which could help lower methane in the oil and gas sector.

about 3 years ago
UN coordinator urges public help with funding to stave off ‘5th largest oil spill from a tanker in history’
Regulation & Policy

IMO appeals to member states for equipment to prevent catastrophic oil spill from FSO Safer

The International Maritime Organization (IMO) is urging Member States to contribute equipment to help UN-led efforts to prevent a possible catastrophic oil spill from the FSO Safer, a rapidly decaying floating storage offshore (FSO) unit moored off the Red Sea coast of Yemen. IMO is providing expert

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

ExxonMobil and Chevron give up 20 offshore oil & gas exploration permits

ExxonMobil and Chevron have relinquished 20 offshore oil and gas exploration permits off the coast of British Columbia.

about 3 years ago
CMA CGM's LNG-powered giant calls at Dunkirk
Regulation & Policy

Survey: Multifuel future is on the cards as companies ready to run their fleets on 3 or more fuels simultaneously

As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. The survey respondents expect their fleets to run on mul

about 3 years ago
Sigma Energy’s full-scale device installed in the Adriatic Sea (Courtesy of Ocean Energy Europe)
Regulation & Policy

Sigma Energy’s wave energy prototype shows no adverse effects on marine fauna

The University of Montenegro’s Institute of Marine Biology has assessed the impacts of Sigma Energy’s wave energy device on the ecosystem at the deployment site in the Adriatic Sea, finding it had no negative effects on the diversity of marine organisms.

about 3 years ago
Illustration/Part of OPT’s products range (Courtesy of OPT)
Regulation & Policy

OPT extends contract with US government

US-based marine energy developer Ocean Power Technologies (OPT) has secured a $500,000 extension of its contract with a US government agency for the supply of WAM-V autonomous surface vehicles.

about 3 years ago
Nordic Winter rig; Source: Awilco
Regulation & Policy

UK player ‘disappointed’ with ruling in first rig arbitration case, as Keppel shipyard wins

Awilco Drilling has expressed disappointment with the arbitration tribunal ruling in favour of Keppel shipyard.

about 3 years ago
FPSO Captain; Source: Ithaca Energy
Regulation & Policy

UK oil & gas operators facing ‘biggest offshore stoppage in a generation,’ as offshore workers down tools

1,300 offshore workers will embark on a “historic” 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf.

about 3 years ago
Solitaire; Source: Allseas
Regulation & Policy

Coast Guard medevacs another crew member from Allseas’ vessel

The U.S. Coast Guard has performed medevac of a crew member from one of Allseas’ vessels around 15 miles south of Port Fourchon, Louisiana.

about 3 years ago
EU ETS
Regulation & Policy

In focus: Cooperation in offshore energy sector is a bellwether for green transition

The “transition” part of the energy transition is beginning to show a more defined shape with each passing day as witnessed in a week behind us that was filled with announcements favoring the net-zero future coming from governments and all the way to private offshore energy companies. Industry major

about 3 years ago
Fatih drillship; Source: Türkiye Petrolleri A.O. (TPAO)
Regulation & Policy

‘World’s fastest offshore field development’ on stream, as first gas flows from huge Black Sea project

Türkiye has tucked a new milestone under its belt with the achievement of first gas from a giant natural gas project in the Black Sea.

about 3 years ago
Carbon capture and storage (CCS) process; Source: Energy Information Australia, an initiative funded by the Australian Petroleum Production & Exploration Association (APPEA)
Regulation & Policy

Carbon capture utilisation and storage to bring ‘significant’ benefits to Australia

APPEA has thrown support behind the Climate Change Authority’s focus on carbon capture technology, as CCUS is seen as important for net-zero.

about 3 years ago
MODEC company obtains DNV’s approval for ammonia transfer system
Regulation & Policy

MODEC company obtains DNV’s approval for ammonia transfer system

SOFEC, a MODEC Group company, has received approval in principle (AiP) from classification society DNV for its newly developed ammonia transfer system. The new ammonia transfer system uses two mooring technologies: CALM Buoy and Tower Mooring solutions. According to the developer, the system is aimi

about 3 years ago
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