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Regulation & Policy

Giant oil & gas projects on thin ice as UK pulls out of court battle: Will Shell and Equinor get cold feet or take a stand against legal challenges?

While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these resources and both hydrocarbon developments overc

about 2 years ago

NKT has completed the turnkey project of connecting the Shetland Islands to the main grid in Scotland with the Shetland HVDC Link. The 320 kV HVDC interconnector is now a key contributor to the integr

Regulation & Policy

Energization of Europe’s first and world’s second multi-terminal HVDC subsea link goes full steam ahead

NKT has wrapped its assignment on a 260-kilometer high-voltage direct current (HVDC) subsea link, which is envisioned to lend a helping hand in ensuring Shetland’s supply of clean, low-carbon power, enabling 600 MW of renewable generation as remote North Sea islands connect to Britain’s main grid in

about 2 years ago

Regulation & Policy

DSOC and partners get DNV’s blessing for LCO2 carrier vessel concepts

Classification society DNV has issued approval in principle (AiP) to China’s Dalian Shipbuilding Offshore Co. (DSOC) and its industry partners for liquid CO2 (LCO2) carrier vessel concepts. The certificate was issued during the international energy event ONS in Stavanger, Norway, for DSOC’s 12,000 c

about 2 years ago

NKT Victoria cable laying vessel waiting in waters off Weisdale Voe; Source: SSEN Transmission

Regulation & Policy

North Sea subsea interconnector among ‘major’ clean energy duo bringing over $165 million to UK archipelago

SSEN Transmission has revealed an investment of £125 million (close to $165.2 million), which the construction of two big green energy projects poured into the local islands’ economy and businesses located in Shetland.

about 2 years ago

WindEurope's Giles Dickson: Money, mindset and mobility main showstoppers for jobs in wind energy

Regulation & Policy

WindEurope’s Giles Dickson: Three Ms main showstoppers for jobs in wind energy

The wind energy industry employs 370,000 people in Europe, however, if countries act on their goals, 600,000 jobs will be needed by 2030 and finding and skilling is one of the biggest challenges that the continent is facing, according to Giles Dickson, CEO of WindEurope. At a session held at the ONS

about 2 years ago

FPSO Johan Castberg en route to the Barents Sea passing by the Langenuen strait South of Bergen, Norway; Credit: Øyvind Gravås & Eirin Lillebø/Equinor

Regulation & Policy

As oil & gas still runs Norway’s energy show, Equinor unveils up to $66 billion boost for hydrocarbons by 2035 alongside Barents Sea’s new area-wide emergency preparedness plan

Equinor has set its cap on bolstering its hydrocarbon arsenal by injecting tens of billions of dollars over the next decade into the oil and gas developments on the Norwegian Continental Shelf (NCS).

about 2 years ago

Regulation & Policy

LR assigns first class notation for onboard carbon capture to EPS tanker

Classification society Lloyd’s Register (LR) has assigned its first class notation for carbon capture onboard a ship to Eastern Pacific Shipping-owned tanker Pacific Cobalt.

about 2 years ago

Regulation & Policy

20 NGOs present united front against offshore license awards and call on UK to stop ‘Big Oil running roughshod’ over its waters

More than two dozen NGOs forming part of the Ocean Alliance Against Offshore Drilling have filed a legal challenge against the licenses awarded in the latest batch of the UK’s 33rd offshore licensing round issued by the North Sea Transit Authority (NSTA).

about 2 years ago

Greater Laggan Area; Source: TotalEnergies

Regulation & Policy

Seven new UK offshore blocks await TotalEnergies and Kistos in West of Shetland oil & gas producing area

TotalEnergies and Kistos have been presented with seven new blocks or part blocks in an area that contains producing oil and gas assets located West of Shetlands off the coast of the UK.

about 2 years ago

Regulation & Policy

Methanol Institute gains consultative status at IMO to drive low-carbon shipping

Trade association Methanol Institute (MI) has been granted consultative status by the International Maritime Organization (IMO) as of August 21, 2024, allowing MI to contribute its expertise to the development of shipping regulations. Afforded to non-governmental, international organizations that de

about 2 years ago

Regulation & Policy

DNO Norge cleared to drill wildcat well in North Sea off Norway

DNO Norge, a subsidiary of Norwegian oil and gas operator DNO, has been granted a drilling permit for a wellbore in the North Sea by the Norwegian Offshore Directorate.

about 2 years ago

Offshore rig surrounded by four tugboats

Regulation & Policy

Orcadian gets hold of offshore license hat-trick by closing deals with UK regulator

UK-headquartered oil and gas player Orcadian Energy has entered into binding license agreements with the North Sea Transition Authority (NSTA) for all three licenses awarded to it by the UK regulator as part of the country’s 33rd seaward licensing round.

about 2 years ago

SolarDuck and the world's largest offshore floating solar power plant

Regulation & Policy

Policies on multi-source offshore energy parks start taking shape in Europe

The European Commission’s (EC) Directorate-General for Energy (DG ENER) is preparing detailed recommendations on the integration of non-price criteria in offshore renewable energy tenders.

about 2 years ago

UK’s largest subsea green electricity superhighway passes funding hurdle

Regulation & Policy

UK’s largest subsea green electricity superhighway cleared for construction take-off

UK energy market regulator Ofgem has selected what is set to become Great Britain’s longest-ever subsea connection as the first project to proceed under its fast-track process and to receive a £3.4 billion funding package. Eastern Green Link 2 (EGL2) is the first of 26 projects to complete the fast-

about 2 years ago