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Regulation & Policy

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Yamal LNG; Source: Novatek
Regulation & Policy

EU’s Arctic LNG appetite hits new high with €5.96 billion bill for 136 Russian cargoes in H1 2026

The European Union (EU) has become the primary destination of Russia’s Arctic liquefied natural gas (LNG) exports by turning into a backbone of the Russian LNG business in the first six months of 2026, dishing out billions of euros to assuage its LNG cravings with nearly all shipments from Yamal com

about 3 months ago
COSL Pioneer rig; Source: COSL Drilling Europe
Regulation & Policy

North Sea drilling ops with COSL rig on Vår Energi’s agenda for August

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Norway’s oil and gas player Vår Energi has obtained a drilling permit for operations in the Norwegian sector of the North Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 3 months ago
COSL Prospector rig; Source: COSL
Regulation & Policy

North Sea wildcat to be spud by COSL rig next month

Norway’s oil and gas player Vår Energi has secured a drilling permit for operations in the Norwegian North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 3 months ago
Platinum Explorer; Source: Vantage Drilling
Regulation & Policy

Following merger with Eldorado, Vantage Drilling exits Euronext Growth

Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has stopped trading on Euronext Growth following the completion of its business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors. It was reported at the end of June tha

about 3 months ago
Scotland future-proofs subsea network rollout with long-term HVDC agreement
Regulation & Policy

Scotland future-proofs subsea network rollout with long-term HVDC agreement

Scottish transmission system operator (TSO) SSEN Transmission has signed a long-term framework agreement with Sumitomo Electric Industries and Van Oord Offshore Wind UK for the engineering, supply, transport and installation of high-voltage direct current (HVDC) subsea cable systems to support futur

about 3 months ago
Final phase of Cyclades interconnection project crosses finish line
Regulation & Policy

Final phase of Cyclades interconnection project crosses finish line

The fourth and final phase of the Cyclades interconnection project, which aims to increase the security and reliability of supply in Greece’s island systems, has been completed. Greek electricity grid operator Independent Power Transmission Operator (IPTO) reported that the construction of the South

about 3 months ago
FPSO Jotun; Source: Vår Energi
Regulation & Policy

Vår Energi in the clear to fire up sixth chapter of North Sea oil project

Norway’s oil and gas player Vår Energi has received authorization from the country’s authorities to bring online another segment of an oil project in the North Sea off the coast of Norway.

about 3 months ago
Block 10 map; Source: QatarEnergy
Regulation & Policy

ExxonMobil, QatarEnergy pen commercial gas discovery declaration in Cyprus

Qatar’s state-owned oil and gas giant QatarEnergy and the U.S.-headquartered energy heavyweight ExxonMobil have inked a commercial discovery declaration for natural gas finds at a block off the coast of Cyprus.

about 3 months ago
DNV assessment clears Fred. Olsen 1848’s floating solar system for rougher conditions
Regulation & Policy

DNV assessment clears Fred. Olsen 1848’s floating solar system for rougher conditions

Energy expert and assurance provider DNV has completed an independent technical review of Fred. Olsen 1848’s floating photovoltaic (FPV) concept designed to operate in rougher, more exposed wave conditions than conventional FPV solutions. “This Statement of Compliance represents a significant milest

about 3 months ago
Cable for Malta’s second interconnector with Sicily ready for installation
Regulation & Policy

Cable for Malta’s second interconnector with Sicily ready for installation

Nexans has completed the manufacturing and factory acceptance testing (FAT) of 100 kilometers of subsea cable for the second electrical interconnector between Malta and Italy, with the cable now ready for load-out and installation. The IC2 interconnector will consist of a new 122-kilometer-long, 225

about 3 months ago
Deepsea Bergen rig; Source: Odfjell Drilling
Regulation & Policy

Path clear for Odfjell Drilling’s rig to spud North Sea wildcat in August

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.

about 3 months ago
Dutch floating power hub for remote subsea assets secures €3.2M gov’t push
Regulation & Policy

Dutch floating power hub for remote subsea assets secures €3.2M gov’t push

Dutch offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have secured a €3.2 million subsidy from the Netherlands Enterprise Agency (RVO) to develop an offshore floating power hub for remote subsea assets. The Steady Seas research program will advance t

about 3 months ago
Wisting illustration; Source: Equinor
Regulation & Policy

Equinor eyes final call on Norway’s largest undeveloped oil discovery by 2027-end

Norway’s state-owned energy giant Equinor has submitted a proposed program for the environmental impact assessment (EIA) of a possible field development in the Barents Sea for public consultation.

about 4 months ago
Public feedback to help minimize impacts of new 2 GW Scotland-Wales interconnector
Regulation & Policy

Public feedback to help minimize impacts of new 2 GW Scotland-Wales interconnector

The UK National Grid has launched a public consultation in North Wales for Western Link 2, a new subsea electricity connection that will link Scotland and Wales. The project, jointly developed by National Grid and Scottish Power Energy Networks (SPEN), will be approximately 340 kilometers long and w

about 4 months ago