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Regulation & Policy

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inland
Regulation & Policy

Swift action needed to bring autonomous inland shipping closer to reality, German insurers say

From a purely technical perspective, it would be already possible today to allow inland waterway vessels to travel across rivers unmanned and remotely controlled. However, as there are still many legal hurdles standing in the way of the everyday use of such ships, German insurers have called on the

about 1 year ago
North Sea ecosystem regeneration at heart of Dutch govt's new program
Regulation & Policy

North Sea ecosystem regeneration at heart of Dutch govt’s new program

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Human touch has taken its toll on the delicate North Sea ecosystem. With the growing pressure of climate change and demand for sustainable energy and food, this ecosystem keeps deteriorating. Preventing or preserving the North Sea now has an exclamation point. As a response, the Dutch Ministry of Ag

about 1 year ago
carbon
Regulation & Policy

47 governments, shipping industry propose text for IMO carbon tax

The International Chamber of Shipping (ICS) has joined 47 governments in a joint submission to the final round of negotiations at the United Nations’ International Maritime Organization (IMO) to adopt a maritime greenhouse gas (GHG) emissions pricing mechanism for international shipping.

about 1 year ago
Buzzard oil & gas field in the UK North Sea; Source: CNOOC Petroleum Europe
Regulation & Policy

UK hits Chinese oil & gas giant’s European arm with £125K fine in flaring and venting clampdown

North Sea Transition Authority (NSTA) has imposed a penalty of £125,000 on a European affiliate of China’s state-owned oil and gas giant for breaching its venting consent on two separate occasions at a field located 60 miles northeast of Aberdeen.

about 1 year ago
Denmark's tender invites applications for coastal CO2 storage exploration
Regulation & Policy

Denmark inviting applications for coastal CO2 storage exploration

The Danish Energy Agency is today opening the fourth round of tenders inviting companies to apply for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark. The tender covers three areas near the Danish coast – Jammerbugt, Lisa and Inez, which are among several

about 1 year ago
llustration/Morlais Demonstration Zone (Archive/Courtesy of Marine Energy Wales)
Regulation & Policy

Wales introduces strategic resource areas for tidal stream energy

Wales has taken a step forward in marine planning by introducing its first Strategic Resource Areas (SRAs) for tidal stream energy, aiming to foster the sustainable development of marine energy while safeguarding sensitive ecosystems. The Welsh government launched its first marine plan in 2019, layi

about 1 year ago
Deepsea Yantai rig; Source: Odfjell Drilling
Regulation & Policy

Rig duo from Odfjell Drilling’s fleet to conduct hydrocarbon exploration ops in Norway

The Norwegian authorities have handed out two drilling permits, which will enable the drilling of an exploration well in the Norwegian Sea and another one in the North Sea, using one of Odfjell Drilling’s semi-submersible rigs for the first one and one of the offshore drilling player’s managed rigs

about 1 year ago
COSL Pioneer rig; Source: COSL Drilling Europe
Regulation & Policy

COSL rig to spin the drill bit at North Sea wildcat this month

Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago
Fast4Ward design; Source: SBM Offshore
Regulation & Policy

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici

12 minutes read
UK: Ofgem gives licenses for multi-purpose interconnectors to Belgium and the Netherlands
Regulation & Policy

UK, Netherlands to connect grids via Nederwiek 3 offshore wind farm

Dutch Climate and Green Growth Minister Sophie Hermans has included LionLink, said to be the first direct-current hybrid interconnector, in the country’s latest Offshore Wind Energy Development Framework. LionLink will use the offshore grid connection of Nederwiek 3 offshore wind farm in the Netherl

about 1 year ago
Two Greek companies
Regulation & Policy

Two Greek shipping companies fined for US environmental law violations

Two Greek shipping companies pleaded guilty and were sentenced for violating the US Act to Prevent Pollution from Ships (APPS), which implements the International Convention for the Prevention of Pollution from Ships (MARPOL), falsifying records and obstruction of justice. As disclosed, the two part

about 1 year ago
Offshore Energy’s top five hydrogen stories of 2024
Regulation & Policy

Offshore Energy’s top five hydrogen stories of 2024

Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon

about 1 year ago
Noble Interceptor jack-up rig; Source: Noble Corporation
Regulation & Policy

Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m

16 minutes read
Rendering of an LNG terminal
Regulation & Policy

Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals

Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing lique

about 1 year ago