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Regulation & Policy - Offshore Energy

Regulation & Policy

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Regulation & Policy

Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline

The Danish Energy Agency has granted permission to Nord Stream 2 AG to preserve the Nord Stream 2 pipeline in the Baltic Sea that suffered damage in September 2022 following an explosion. The Nord Stream 1 and Nord Stream 2 pipelines run from Vyborg, Russia, to Lubmin near Greifswald, Germany, and c

about 1 year ago

Regulation & Policy

NABU urges OSPAR to ban scrubbers and protect North-East Atlantic

Naturschutzbund Deutschland (NABU), a German environmental association, has sent a letter signed by 14 environmental protection organizations to the OSPAR Commission, calling for an end to heavy fuel oil and scrubbers.

about 1 year ago

Regulation & Policy

Yanmar: Hydrogen engine production plan greenlit under Japanese zero-emission ship program

Yanmar Power Technology, part of Japan’s industrial diesel engine and machinery manufacturer Yanmar Holdings, has received approval from the government for its hydrogen-fueled engines and hydrogen fuel cell systems production plan.

about 1 year ago

Regulation & Policy

Petrobras cleared to combine two offshore fields after 7 years

Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has approved the unification of two fields in the country’s pre-salt Santos Basin operated by the state-owned oil and gas giant Petrobras.

about 1 year ago

Regulation & Policy

CIMC SOE rolls red carpet for Seaspan’s final 7,600 cbm LNG bunker vessel

The third and final 7,600 cubic meters (cbm) liquefied natural gas (LNG) bunkering vessel booked by Canada’s shipowner Seaspan Energy and built by China’s CIMC Sinopacific Offshore & Engineering (CIMC SOE) has been delivered, French classification society Bureau Veritas (BV) revealed. The small-scal

about 1 year ago

Regulation & Policy

$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza

With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom.

23 minutes read

Valaris DS-9 drillship; Source: ExxonMobil

Regulation & Policy

ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

about 1 year ago

Regulation & Policy

DNV, HMD, KSOE unite to drive digital innovation in maritime

Norway-based classification society DNV has signed a memorandum of understanding (MoU) with South Korea’s HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering (KSOE) on new standards for using digital twins to test electric propulsion systems.

about 1 year ago

Regulation & Policy

Nearly $9 billion win for ConocoPhillips as Venezuela loses arbitration case over three oil projects

As the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID) has upheld the previous decision, rejecting Venezuela’s appeal, the country is required to dish out $8.7 billion to ConocoPhillips.

about 1 year ago

Regulation & Policy

Mabanaft to rebuild tank terminal in Hamburg to facilitate methanol import and storage

Germany’s energy company Mabanaft plans to rebuild its tank terminal in the Port of Hamburg to enable the storage of methanol and facilitate its import to Northern Germany.

about 1 year ago

Dutch DEMCON unmanned systems has become the first USV developer and manufacturer in the Netherlands to achieve DNV Type Approval certification for its DUS V5750 unmanned surface vessel (USV).

Regulation & Policy

DEMCON’s USV ‘first in the Netherlands’ to receive DNV type approval

DEMCON Unmanned Systems has become the first unmanned surface vessel (USV) developer and manufacturer in the Netherlands to obtain the DNV Type Approval certification for its DUS V5750 USV. According to DEMCON Unmanned Systems, the DUS V5750 USV received certification under the DNV Standard Craft (

about 1 year ago

Regulation & Policy

All-systems-go for Transocean rig to spin the drill bit in North Sea

OMV has received a drilling permit from the country’s authorities for a wildcat well in the North Sea off the coast of Norway, enabling it to undertake drilling activities next month with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago

Regulation & Policy

Greece’s €1B interconnection passes muster for full electrification

Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has completed the site acceptance test (SAT) for the cable system for what it says is the largest electricity transmission project in Greece. IPTO reported today

about 1 year ago

Regulation & Policy

Sumitomo and Van Oord booked for second Shetland HVDC cable link

SSEN Transmission has entered into a capacity reservation agreement (CRA) with a consortium of Sumitomo Electric Industries and Van Oord for the supply and installation of a second 525 kV HVDC cable link between Shetland and the Scottish mainland, known as the Shetland 2 HVDC Link. The cable for the

about 1 year ago