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Regulation & Policy

Saipem-Subsea7 merger under the microscope as EU flags competition concerns

A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU) over offshore market concentration due to subsea umbilicals, risers, and flowlines (SURF) and carbon capture and s

about 2 months ago

Regulation & Policy

Israel reveals plan to invest circa $2 million in marine energy solutions

Israel’s government is planning to invest NIS 6 million (approximately $2 million) in advancing marine energy solutions, including wave energy generation, offshore energy systems, artificial intelligence-powered marine energy management, and related technologies. The joint initiative by Israel’s Min

about 2 months ago

Regulation & Policy

6,900-kilometer gas pipeline takes step forward as West African States seal the deal

Member states of the Economic Community of West African States (ECOWAS) union have signed an intergovernmental agreement (IGA) for a pipeline that would span nearly 6,900 kilometers along the West African Atlantic coast, connecting Nigerian gas fields to Morocco. Jointly led by Nigerian National Pet

about 2 months ago

Regulation & Policy

Bureau Veritas approves UK firm’s wind-assisted propulsion technology

UK-based wind-assisted propulsion provider Anemoi Marine Technologies has secured design assessment certificates from classification society Bureau Veritas covering several versions of its Rotor Sail technology. The approvals cover the fixed and rail-deployed 3.5m x 24.5m Rotor Sails, including EX-r

about 2 months ago

Regulation & Policy

Latin American momentum grows: Chevron’s Uruguay extension buys time for seismic work as Sintana pursues permit offshore Argentina

Canada-headquartered oil and natural gas exploration player Sintana Energy has shed light on the latest activities in Latin America, confirming the advancement of its offshore plans in Argentina and an extension for the Chevron-operated block off the coast of Uruguay.

about 2 months ago

Regulation & Policy

DNV awards world’s first certification for wave energy technology

Independent assurance and certification body DNV has awarded what is said to be the world’s first prototype certificate for a wave energy converter (WEC). CorPower Ocean’s C4 WEC has been certified under DNV-SE-0120, Certification of Wave Energy Converters and Arrays, following independent verificat

about 2 months ago

Novatek changes its management board composition

Regulation & Policy

101 European lawmakers urge Danish shipyard to cut its ties with Russia’s Arctic LNG fleet

A cross-party coalition from 16 countries across Europe has called on the last shipyard in the European Union (EU) still servicing the specialized ice-class Arc7 tankers that are perceived to be vital to transporting Russia’s Arctic liquefied natural gas (LNG) exports to end its maintenance of these

about 2 months ago

Regulation & Policy

Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Bermuda-headquartered Paratus Energy Services has picked up clearance for the divestment of drilling operations and jack-up fleet belonging to Fontis Finance, an indirect subsidiary, which is divesting its assets to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a 50/50 joint v

about 2 months ago

Regulation & Policy

GTT’s new LR-approved NO96 criteria expand LNG carrier design flexibility

French technological containment specialist Gaztransport & Technigaz (GTT) has secured the green light from the UK-based classification society Lloyd’s Register (LR) for new NO96 elongation criteria, opening the door to more optimized liquefied natural gas (LNG) carrier (LNGC) structures, widening L

about 2 months ago

Regulation & Policy

Underground drilling marks start of offshore section works for second Malta-Italy link

Nexans has begun horizontal directional drilling (HDD) works in Malta for the second electrical interconnector to Italy, marking the start of work related to the project’s offshore section. This will create the underground connection between the onshore and offshore sections of the project, allowing

about 2 months ago

Regulation & Policy

Singapore and Indonesia target 3.4 GW of cross-border electricity interconnections by 2035

Government-linked Singapore Energy Interconnections (SGEI) and Danantara Indonesia, through its investment arm Danantara Investment Management (DIM), have signed a memorandum of understanding (MoU) for the development of cross-border electricity interconnections between Indonesia and Singapore. The

about 2 months ago

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 2 months ago

Regulation & Policy

AIM-listed player seeks to widen gas horizons with exploration permit offshore New Zealand

Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in the Asia-Pacific region, is pursuing an expansion of its portfolio by submitting an exploration permit application for an area off the coast of New Zealand.

about 2 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

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 2 months ago