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Regulation & Policy

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Terry Allan, CEO at nexos; Source: nexos
Regulation & Policy

Op-ed: Different rules, same game – Thinking differently about UK’s energy future

Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).

about 1 year ago
India and Germany forge green hydrogen ties
Regulation & Policy

India and Germany forge green hydrogen ties

To promote the market ramp-up of green hydrogen and enhance cooperation in climate action and sustainable development, India and Germany have launched the “Indo-German Green Hydrogen Roadmap.”

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about 1 year ago
Aerial image of LNG project in Puerto Rico; Source: FERC
Regulation & Policy

Mexican LNG cargo on the way to Puerto Rico as US player seeks to keep its import and regasification terminal open for business

New Fortress Energy (NFE) has wrapped up another liquefied natural gas (LNG) cargo loading at its floating LNG (FLNG) unit off the coast of Altamira, Mexico. This cargo is destined for the firm’s LNG import and regasification facility in Puerto Rico, which the U.S. firm is interested in continuing t

about 1 year ago
FSRU Independence; Source: Höegh Evi, former Höegh LNG
Regulation & Policy

EU backs electrification of LNG terminal with €6 million

Lithuanian liquefied natural gas (LNG) terminal operator KN Energies (KN), former Klaipedos Nafta, has confirmed the decision made by the European Union (EU) to earmark funds for the electrification of its LNG terminal on Lithuania’s Kiaulės Nugara Island.

about 1 year ago
Illustration; Source: Petronas
Regulation & Policy

Petronas’ quest to fortify Malaysia’s oil & gas pinpoints 34 contractors for well engineering activities

Petronas has launched two initiatives through Malaysia Petroleum Management (MPM) to strengthen the country’s oil and gas sector and ensure an optimal and sustainable supply of oil and gas to boost energy security.

about 1 year ago
Transocean Barents rig (for illustration purposes); Source: Equinor
Regulation & Policy

UK likely to unlock £10 billion worth of North Sea oil & gas with encouraging fiscal regime, WoodMac finds

Considering the rising focus on energy security, Wood Mackenzie has pointed out that Britain could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.

about 1 year ago
BV
Regulation & Policy

BV: Regulatory barriers impede widespread uptake of wind propulsion

Despite the promising progress of wind propulsion in shipping, its uptake remains hindered by regulatory barriers, technical challenges, and a lack of confidence among industry stakeholders, classification society Bureau Veritas (BV) said in a recent report.

about 1 year ago
Jackdaw platform; Source: Aker Solutions
Regulation & Policy

Shell and Equinor weeks away from court fight over two mega oil & gas projects in UK waters

The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.

about 1 year ago
Brage platform; Source: OKEA
Regulation & Policy

Stamp of approval for North Sea operator to kick off drilling ops

Norwegian oil and gas company OKEA has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off the coast of Norway.

about 1 year ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Regulation & Policy

With clearance in hand, Shelf Drilling focuses on final rig prep for ops in Norwegian waters

Shelf Drilling has now received the Norwegian offshore safety regulator’s stamp of approval after the watchdog’s initial rejection of its application to obtain an acknowledgment of compliance (AoC) for one of its jack-up rigs, which is gearing up for work on the Norwegian Continental Shelf (NCS) wit

about 1 year ago
A panel session at Offshore Energy Exhibition & Conference 2023 in Amsterdam
Regulation & Policy

OEEC 2024: A lot to talk about

In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren

about 1 year ago
'First-of-its-kind' open-access CO2 storage concept gets €225 million EU support
Regulation & Policy

‘First-of-its-kind’ open-access CO2 storage concept gets €225 million EU support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution for CO2 sequestration using shared, flexible offshore infrastructu

about 1 year ago
Illustration; Source: BOEM
Regulation & Policy

US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprieve

A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been replaced with a new one.

about 1 year ago
Hydrogen, maritime projects among winners of €4.8 billion EU grant
Regulation & Policy

Hydrogen, maritime projects among winners of €4.8 billion EU grant

The European Commission has selected 85 net-zero projects, including those involving hydrogen and maritime, to receive €4.8 billion in grants from the Innovation Fund.

about 1 year ago