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Regulation & Policy

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Inseanergy's floating solar technology (Courtesy of Inseanergy)
Regulation & Policy

Norwegian floating solar developers settle patent dispute

Norway-based floating solar companies Ocean Sun and Inseanergy have reached a settlement agreement for floating solar technology patents.

about 3 years ago
CoolCo finalizes regulatory review process for NYSE listing
Regulation & Policy

CoolCo finalizes regulatory review process for NYSE listing

Bermuda-based Cool Company (CoolCo), an owner, operator and manager of LNG carriers, has concluded the regulatory review process for listing its shares on the New York Stock Exchange (NYSE). On 14 February, CoolCo announced it had filed a registration statement with the U.S. Securities and Exchange

about 3 years ago
Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate
Regulation & Policy

In focus: Carbon capture and storage projects gain worldwide momentum

Carbon capture and storage (CCS) projects are increasingly gaining more prominence in the race to make the world cleaner and more sustainable, driven by the interest from some of the most important offshore energy players.

about 3 years ago
ZMPC cranes
Regulation & Policy

AAPA says no evidence of China’s ship-to-shore cranes being used as ‘spying tools’

The American Association of Port Authorities (AAPA) dismissed fears regarding potential security threats from cranes sourced from China caused by media reports that the cranes might be used for spying. “There have been no known security breaches as the result of any cranes at U.S. ports, despite ala

about 3 years ago
SN Corporation Bangladesh
Regulation & Policy

2nd Bangladeshi shipbreaker achieves HKC compliance

S.N. Corporation’s Unit-02 ship recycling yard at Shitalpur, Sitakunda in Bangladesh has been certified as compliant with the International Maritime Organization’s (IMO) guidelines for the Hong Kong Convention (HKC) on sustainable ship recycling. The certification process was undertaken by the Japan

about 3 years ago
BW Offshore, SwitcH2 get DNV’s nod for floating ammonia production unit
Regulation & Policy

BW Offshore, SwitcH2 get DNV’s nod for floating ammonia production unit

An industrial-scale concept for a floating green ammonia production unit developed by Netherland-based SwitcH2 BV and Norway-based BW Offshore has secured Approval in Principle (AiP) from classification society DNV. With AiP in place, the technical feasibility of the design has been affirmed and the

about 3 years ago
EU Energy Efficiency Directive reaches new stage
Regulation & Policy

EU Energy Efficiency Directive reaches new stage

European Commission, the European Parliament, and the Council have made a provisional agreement to reform and strengthen the EU Energy Efficiency Directive, making a further step in the completion of the ‘Fit for 55′ package to deliver the European Green Deal and the REPowerEU plan. According to Eur

about 3 years ago
G7 urged to affirm role of gas and LNG in achieving energy security and climate goals
Regulation & Policy

G7 urged to affirm role of gas and LNG in achieving energy security and climate goals

Eight international associations and trade organisations have sent a joint letter urging the Group of Seven (G7) nations to affirm the role of natural gas and liquefied natural gas (LNG) in meeting energy security and climate objectives. The letter was sent to Japanese Prime Minister and current G7

about 3 years ago
Armada; Source: Shell
Regulation & Policy

Shell cleared for removal and disposal ops at North Sea field

Shell has received consent from Norway’s regulator for removal and disposal operations, as part of decom activities on a North Sea field.

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

UNDP buys Euronav’s VLCC to prevent catastrophic spill from ‘ticking bomb’ FSO off Yemen

The United Nations Development Programme (UNDP) signed an agreement with tanker owner EURONAV Luxemburg to buy a very large crude carrier (VLCC), as part of the UN-coordinated operation to remove more than one million barrels of oil from a decaying tanker off Yemen’s Red Sea coast. The new vessel to

about 3 years ago
FPSO Guanabara working on the Mero field off Brazil; Source: MODEC
Regulation & Policy

Shell and Petrobras forge stronger ties seeking new exploration and decarbonisation opportunities

Shell and Petrobras have joined forces to embark on a quest to unlock new upstream and energy transition opportunities.

about 3 years ago
Cygnus field in the UK North Sea (for illustration purposes); Source: Neptune Energy
Regulation & Policy

Pushing for cleaner oil & gas production pays off, as UK North Sea flaring gets halved

UK’s regulator North Sea Transition Authority (NSTA) says flaring has been cut in half, following four consecutive years of reductions.

about 3 years ago
IMCA takes measures in response to increase in false ROV training certificates
Regulation & Policy

IMCA takes measures in response to increase in false ROV training certificates

International Marine Contractors Association (IMCA) has launched a new approval process for remotely operated vehicle (ROV) introductory training courses due to an increase in false certificates. IMCA reported on 9 March that it had introduced a new scheme to address the safety concerns of this unau

about 3 years ago
Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes
Regulation & Policy

Lithuania’s Energy Ministry sends Letter of Expectation to Klaipedos Nafta

AB Klaipedos Nafta has received a Letter of Expectation from its shareholder, the Ministry of Energy of the Republic of Lithuania, which owns 72.47% of the company’s shares. According to Klaipedos Nafta, the Letter of Expectation confirms the direction of the changes sought by the company and enable

about 3 years ago
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