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Regulation & Policy

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The Switch
Regulation & Policy

Four EU countries and Egypt make up top five US LNG importers

Within the global gas story, many chapters are being written, including a U.S. wave of upcoming liquefied natural gas (LNG) developments, where the export boom continues to fuel new projects, as the European regasification build-out continues.

about 1 year ago
HD Hyundai
Regulation & Policy

Shipbuilding market shakeup: South Korea’s HD Hyundai Heavy Industries and HD Hyundai Mipo to merge

South Korean shipbuilding companies HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have revealed plans to merge into a single entity.

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about 1 year ago
Courtesy of VTTI
Regulation & Policy

Netherlands raises its energy security bar with permitting milestone for new LNG terminal

VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new

about 1 year ago
CSSC
Regulation & Policy

As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia

China and Saudi Arabia intend to strengthen their collaboration in the maritime sector, especially in shipbuilding, where China holds a leading position globally.

about 1 year ago
FPSO Raroa operating at the Maari field; Source: MODEC
Regulation & Policy

New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

about 1 year ago
Prysmian’s cable layers start installing two subsea interconnections in Spain
Regulation & Policy

Prysmian’s cable layers start installing two subsea interconnections in Spain

Two cable-laying vessels (CLVs) owned by Italian cabling giant Prysmian Group have begun work on two submarine power interconnections in Spain, as part of contracts together worth approximately €250 million, announced in 2022. Prysmian is in charge of the design, supply, installation and commissioni

about 1 year ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Regulation & Policy

TEAMER selects 18 new marine energy projects for technical support

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 18 projects through its 16th request for technical support (RFTS), representing over $2.7 million in funding. The Technical Support Recipients (TSRs) will receive assistance across numerical modeling, labo

about 1 year ago
Tangguh LNG; Source: BP
Regulation & Policy

Chinese giant expands its oil & gas footprint in Southeast Asia

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has enlarged its Asian portfolio with two exploration blocks in Indonesia.

about 1 year ago
Cerberus
Regulation & Policy

Bringing ‘manufacturing renaissance’ to US: HD Hyundai, Cerberus, KDB to help revitalize US maritime capabilities

South Korean conglomerate HD Hyundai and American alternative investment firm Cerberus Capital Management have decided to enter into a strategic partnership to launch a new maritime investment strategy, Cerberus Maritime.

about 1 year ago
A map of US offshore area
Regulation & Policy

Environmental review completed for upcoming Gulf of America lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has finalized the environmental study required for the next round of the Gulf of America’s Outer Continental Shelf (OCS) lease sale to move forward.

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Regulation & Policy

More time for LNG terminal to kick off exports in Louisiana

Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has been given additional time to start liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from its proposed export project on Louisiana’s Gulf Coast.

about 1 year ago
APM Terminals
Regulation & Policy

APM Terminals to invest $1B in India’s Andhra Pradesh ports, terminals

The Netherlands-based terminal operator APM Terminal, part of A.P. Moller – Maersk, has signed a memorandum of understanding (MoU) with India’s Government of Andhra Pradesh, through the Andhra Pradesh Maritime Board (APMB), to accelerate port and terminal development in the state.

about 1 year ago
Scarborough FPU; Source: Woodside
Regulation & Policy

$12.5 billion gas project out of legal woods as court ruling ends up in Woodside’s favor

Australia’s energy giant Woodside has welcomed the Federal Court’s decision to validate the go-ahead for an environmental plan related to its giant gas project off the coast of Western Australia.

about 1 year ago
UK National Grid awards €14 billion in last round of supply chain framework awards
Regulation & Policy

UK National Grid awards €14 billion in last round of supply chain framework awards

The UK National Grid has completed the award of its high-voltage direct current (HVDC) civil works supply chain framework, with £12 billion (around €13.9 billion) worth of agreements confirmed, marking the third and final stage of its £59 billion supply chain framework awards. The HVDC supply chain

about 1 year ago