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Regulation & Policy

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Illustration; Source: HyNet
Regulation & Policy

UK gov’t supports HyNet carbon capture storage project with over $45 million

Italian oil company Eni has revealed that the UK Government granted £33 million ($45.85 million) to support the HyNet project focused on the decarbonisation of the industrial district in the North-West of England with CO2 capture and storage.

about 5 years ago
Photo of Wavepiston test string installed off Gran Canaria (Courtesy of Michael Henriksen/Wavepiston)
Regulation & Policy

Blue-GIFT extends third call deadline for ocean energy developers

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EU-backed Blue-GIFT project has extended the deadline for applications for its third and final call to test and validate marine renewable energy technologies in real sea environments.

about 5 years ago
Illustration; Source: OGUK
Regulation & Policy

OGUK: Over $4 bln of lost investment during pandemic threatens net-zero future

Oil & Gas UK (OGUK), the representative body for the UK offshore oil and gas industry, has stated that securing and sustaining investment in the sector was critical to helping the UK quickly realise a net-zero future.

about 5 years ago
Photo of Benjamin Lehner and Tjerk Suurenbroek opening the webinar (Courtesy of DMEC)
Regulation & Policy

Large-scale demonstrations key to attracting marine energy investments

As the transition to renewable energy gains pace worldwide, marine energy and its predictable and reliable nature, backed by versatile application potential, is bound to find its place in the future energy mix. However, the sector first needs to demonstrate its ability to go large-scale to attract b

about 5 years ago
West Bollsta rig - Seadrill
Regulation & Policy

Seadrill handed safety order over rig incident

Norway’s safety watchdog has completed its investigation of an incident on the Seadrill-operated West Bollsta rig when a riser joint dropped during lifting.

about 5 years ago
Oil and Gas Authority
Regulation & Policy

UK regulator tells how oil & gas sector should work to reduce emissions

UK’s petroleum regulator, the Oil and Gas Authority, has outlined how the oil and gas industry should work to reduce greenhouse gas emissions.

about 5 years ago
Russia to grant subsidies for Far North-bound newbuilds
Regulation & Policy

Russia to grant subsidies for Far North-bound newbuilds

The Russian government has decided to provide subsidies for newbuild vessels destined for the Far North region.

about 5 years ago
Bureau Veritas
Regulation & Policy

Bureau Veritas introduces new classification rules for wind propulsion systems

Classification society Bureau Veritas (BV) has released new-generation classification rules for wind propulsion systems that are expected to help support and drive the development of zero-carbon propulsion options for modern ships.

about 5 years ago
The Palace of Westminster - The UK Government building; Source: NAO
Regulation & Policy

UK considering ban on new North Sea oil and gas exploration

The UK Government is considering declaring the beginning of the end for the North Sea oil industry with a ban on new exploration licenses.

about 5 years ago
Port of Tallinn
Regulation & Policy

Port of Tallinn to use only locally produced green electricity

The Port of Tallinn has entered into a renewable energy purchase agreement with local energy group Eesti Energia and now consumes only green electricity produced in Estonia.

about 5 years ago
North Sea flaring
Regulation & Policy

Flaring in UK North Sea falls to lowest level on OGA records

UK’s Oil and Gas Authority (OGA) has reported that flaring in the North Sea has been reduced to the lowest level on the UK Continental Shelf on OGA records.

about 5 years ago
Bombora’s Chief Operating Officer Dave Rigg leads the Assembly Centre tour stopping to explain how the innovative mWave cell module will be covered in a flexible rubber membrane (Screenshot by Bombora
Regulation & Policy

Bombora showcases mWave device to Welsh First Minister

Wave energy developer Bombora has welcomed the Welsh First Minister Mark Drakeford on a virtual tour of its assembly facilities, showcasing its full-scale mWave wave energy device currently under construction.

about 5 years ago
West Hercules rig will drill the wells for Equinor
Regulation & Policy

Equinor gets go-ahead to drill North Sea well duo

Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using the West Hercules rig. The wells named 30/11-U-1 and 30/11-U-2 are located in Production licence 035 and 272 in the North Sea. The licences a

about 5 years ago
Damen
Regulation & Policy

Damen gets funding to lease mobile BWTS in emerging markets

Climate Investor Two (CI2) has approved an investment that could amount to €24.5 million (about $29.3 million) to support the lease of Damen’s portable ballast water treatment (BWT) solution InvaSave to clients in Africa, Asia, and Latin America.

about 5 years ago