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Regulation & Policy - Offshore Energy

Regulation & Policy

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Regulation & Policy

Gasum adds new offtaker to FuelEU Maritime pooling service

Swedish forest company SCA has teamed up with Nordic energy player Gasum to use its liquefied biogas pooling service as a way of complying with the EU maritime emissions regulation.

about 1 year ago

Regulation & Policy

HD Hyundai teams up with DNV and TUI Cruises to explore fuel cell solutions for cruise ships

The affiliates of South Korean conglomerate HD Hyundai – HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Europe Research & Development Center, and HD Hydrogen – have signed a joint development project (JDP) agreement with Norway-based classification society DNV and German cruise operator

about 1 year ago

Regulation & Policy

Third subsea link between Finland and Sweden to replace aging cable in late 2030s

The Finnish and Swedish transmission system operators (TSOs) Fingrid and Svenska kraftnät have initiated the planning process for the third submarine cable between the countries which would replace the first connection at the end of its operational lifetime in the late 2030s. Under a signed letter o

about 1 year ago

Regulation & Policy

ABS, HD Hyundai join forces on AI-backed smart shipyard vision

Classification society American Bureau of Shipping (ABS) and South Korea’s shipbuilding major HD Hyundai Samho, part of HD Hyundai Group, have inked a memorandum of understanding (MoU) to collaborate on an artificial intelligence (AI)-enabled smart shipyard project. As disclosed, the agreement sets

about 1 year ago

Regulation & Policy

RINA is new owner of Finland’s Foreship

RINA, an Italy-based multinational engineering consultancy, inspection and certification group, has acquired the entire share capital of Foreship, a Finnish ship design and engineering company.

about 1 year ago

Regulation & Policy

New DNV specification targets risk reduction in CCUS projects

Norway-based classification society DNV has rolled out a new service specification aimed at verifying and certifying carbon capture, utilization and storage (CCUS) facilities to help “de-risk” related projects as the carbon capture momentum accelerates. As disclosed, the DNV-SE-0696 specification re

about 1 year ago

Regulation & Policy

More time for UK operator to breathe life into two North Sea oil discoveries

Orcadian Energy has received a license extension, which enables it to pursue the development of two oil discoveries in the North Sea that are planned to be developed in tandem using a pair of wellhead platforms tied back to a floating production, storage, and offloading (FPSO) vessel envisioned to b

about 1 year ago

Regulation & Policy

US administration urged to stave off drilling in Carolinas’ outer shelf

Two governors, one from North Carolina and one from South Carolina, have sent a joint letter to the United States’ administration to remove the two states’ outer continental shelf lands from consideration in the upcoming 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program.

about 1 year ago

Members of the Marine Energy Taskforce (MET)

Regulation & Policy

UK launches taskforce to drive tidal and wave energy roadmap

The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi

about 1 year ago

Chevron-operated Leviathan gas asset; Source: NewMed Energy

Regulation & Policy

Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge

A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon production taps for safety reasons.

11 minutes read

Regulation & Policy

Norway: Northern Lights approved for CO2 storage expansion

The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per

about 1 year ago

Regulation & Policy

Singaporean three-year memorandum targets submarine power projects

Singapore-headquartered offshore marine service contractor Kim Heng has signed a memorandum of understanding (MoU) with the newly incorporated government-linked Singapore Energy Interconnections (SGEI) to cooperate on submarine power projects. As part of the non-binding MoU signed on June 9, the par

about 1 year ago

Regulation & Policy

In push to strengthen Europe’s energy grid, EIB backs first Spain-France subsea link with €1.6B

The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a j

about 1 year ago

BlueNewables' steel cutting for the first PV-BOS floating solar platform

Regulation & Policy

BlueNewables starts floating solar project in Vigo, design certification underway

BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, has reached several development milestones in its PV-BOS floating solar project, progressing toward offshore deployment. The company confirmed that steel cutting for the first PV-BOS platform took place at San Enriq

about 1 year ago