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Regulation & Policy

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FPSO Cidade de Vitória; Source: Saipem
Regulation & Policy

Acquisition of two Brazilian offshore clusters facing delay after being put on hold

BW Energy is anticipating a delay in the closing of the acquisition of two assets in the Espírito Santo Basin offshore Brazil.

about 3 years ago
Neptune Energy commits to Extractive Industries Transparency Initiative
Regulation & Policy

Neptune Energy commits to initiative bolstering tax revenue accountability of natural resources

Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Regulation & Policy

Aker BP’s North Sea well comes up dry

Aker BP has completed the drilling of an exploration well near the Edvard Grieg field in the Norwegian sector of the North Sea but failed to find hydrocarbons.

about 3 years ago
Conversion works on Greece’s first FSRU start at Keppel shipyard
Regulation & Policy

Conversion works on Greece’s first FSRU start at Keppel shipyard

Conversion of GasLog’s DNV-classed LNG carrier Gaslog Chelsea, which was recently renamed as Alexandroupolis, to a floating storage regasification unit (FSRU) has kicked off at the Keppel shipyard in Singapore. This marks the beginning of the work to develop Greece’s first FSRU which will serve as a

about 3 years ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Regulation & Policy

Recent oil discovery in Barents Sea puts forward tie-back to existing FPSO

Vår Energi’s oil discovery near the Goliat field in the Barents Sea has brought the possibility of a tie-back to the existing infrastructure.

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Regulation & Policy

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

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

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago
Inspirer rig; Source: Repsol Norge
Regulation & Policy

Repsol tasked with addressing nonconformities on jack-up rig

Norwegian regulator is awaiting a response from Repsol regarding the way the identified nonconformities on a jack-up rig will be handled.

about 3 years ago
West Linus rig; Source: Seadrill
Regulation & Policy

After worker suffers ‘crushing injuries’ during work on jack-up rig, probe reveals nonconformities

Norwegian offshore safety regulator has completed an investigation into an incident involving a personal injury during work on a drag chain on a jack-up rig.

about 3 years ago
U.S. Bureau of Safety and Environmental Enforcement (BSEE)
Regulation & Policy

After incidents, U.S. regulator advises extreme caution during swing rope transfers

Following reviews of injuries sustained during swing rope transfers at offshore installations on the Outer Continental Shelf (OCS), the U.S. Bureau of Safety and Environmental Enforcement (BSEE) has made several recommendations for oil and gas operators and contractors, in a bid to avoid such incide

about 3 years ago
Port of Hamburg
Regulation & Policy

BSM: EU ETS will have extensive impact on our and our clients’ business

Maritime services company Bernhard Schulte Shipmanagement (BSM) is developing an IT platform that will cover the entire compliance process with the EU Emissions Trading System (ETS) set to be introduced in 2024, the company said. The platform will focus on handling compliance, data collection and ve

about 3 years ago
Port
Regulation & Policy

BPA: More than one in ten port regulations in need of urgent reform

The British Ports Association (BPA) has mapped out some of the most important pieces of legislation and regulation that affect ports and rated their suitability to the industry. The regulatory assessment identified 140 regulations, codes, and laws that affect ports. According to BPA, 12% of these we

about 3 years ago
Shipping
Regulation & Policy

India bans oil tankers, bulkers older than 25 years to modernize fleet and cut emissions

India is ramping up efforts aimed at modernizing its fleet and is reviewing the requirements of the registration and operation of ships to ensure the quality of the Indian flag. As a result, the country is withdrawing trading licenses to all tankers that are 25 years old or above, the country’s Dire

about 3 years ago
Illustration (Courtesy of TNO)
Regulation & Policy

Dutch take aim at lower green hydrogen costs by combining offshore wind and floating solar

A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects.

about 3 years ago
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