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Regulation & Policy

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Nordic Spring rig artist rendering; Source: Awilco Drilling
Regulation & Policy

UK firm emerges victorious in second rig arbitration case against Keppel

Awilco Drilling has won the second arbitration case related to a rig termination deal, after the arbitration tribunal ruled in its favor.

about 2 years ago
BASF wins funding approval to build one of Germany’s largest PEM electrolyzers
Regulation & Policy

BASF wins funding approval to build one of Germany’s largest PEM electrolyzers

Germany’s chemical producer BASF has secured the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the State of Rhineland-Palatinate to build a proton exchange membrane (PEM) electrolyzer which is expected to produce up to 8,000 metric tons of hy

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about 2 years ago
Dow joins HEH consortium for Stade LNG terminal
Regulation & Policy

ČEZ books capacity at LNG Stade terminal in Germany

Energy conglomerate ČEZ Group has contracted a long-term annual capacity of 2 billion cubic meters at the LNG Stade terminal in Germany, strengthening the energy security of the Czech Republic. The capacity at the terminal has been leased for 15 years, with an option to extend this to 25 years in co

about 2 years ago
Askepott rig; Source: Equinor
Regulation & Policy

Thumbs-up for Equinor to begin drilling at North Sea field

Equinor has received consent for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.

about 2 years ago
Norway-Germany hydrogen value chain technically feasible, study finds
Regulation & Policy

Norway-Germany hydrogen value chain technically feasible, study finds

The joint Norwegian-German feasibility study on a hydrogen value chain between Norway and Germany has shown that, given a number of assumptions, it is technically possible to establish a value chain for transporting large quantities of hydrogen from Norway to Germany. The study was commissioned by t

about 2 years ago
€800 million in subsidies under EC’s pilot hydrogen bank auction is up for grabs
Regulation & Policy

€800 million in subsidies under EC’s pilot hydrogen bank auction is up for grabs

The European Commission (EC) has launched the first auction under the European Hydrogen Bank to support renewable hydrogen production in Europe, with an initial €800 million of emissions trading revenues available to producers in the European Economic Area (EEA). The auction, which is funded by the

about 2 years ago
Port of Hamburg
Regulation & Policy

European Commission’s €4 billion Innovation Fund call for proposals expands to include maritime sector

The European Commission has announced the opening of the Innovation Fund’s 2023 call for proposals, boasting a historic budget of €4 billion. The significant financial injection aims to accelerate the deployment of cutting-edge decarbonization technologies, and the funds for this initiative are sour

about 2 years ago
Green Marine Europe
Regulation & Policy

Financial engineering firm joins Green Marine Europe

Fimar, a French company specializing in the arrangement and financing of merchant vessels, is joining the ranks of the partners of the environmental certification program Green Marine Europe.

about 2 years ago
The Surewave floating solar concept at MARIN (Courtesy of the Surewave project)
Regulation & Policy

Surewave project consortium tests offshore floating solar model

The consortium of the EU-funded Surewave project has performed wave tank tests of the floating solar concept at the Maritime Research Institute Netherlands (MARIN).

about 2 years ago
Türkiye Petrolleri A.O. (TPAO)
Regulation & Policy

While pursuing more renewable power, Türkiye boosts gas production with new Black Sea platform

Türkiye believes that more oil and natural gas, especially LNG, go hand in hand with decarbonization and the buildout of green energy.

about 2 years ago
Illustration (Courtesy of EMEC/Copyright Alstom)
Regulation & Policy

EMEC launches restructuring as it awaits for more favorable tides

The European Marine Energy Centre (EMEC), the world’s first and leading facility for demonstrating and testing wave and tidal energy converters, has started consultations with its staff to restructure the company.

about 2 years ago
nautical charts
Regulation & Policy

Nautical charts of the future will make shipping safer and more sustainable

The Federal Maritime and Hydrographic Agency (BSH), a central maritime authority in Germany, is developing the next generation of electronic nautical charts in an effort to make shipping safer, more efficient and sustainable.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Regulation & Policy

North Sea represents £20 billion business opportunity for decom industry, says UK trade body

OEUK’s report: Shutting down obsolete North Sea energy installations is a business opportunity worth over £20 billion over the next decade.

about 2 years ago
Illustration; Source: Equinor
Regulation & Policy

Equinor: Oil & gas activities bode well for Norway with ‘strong’ ripple effects bringing billions of dollars

Deliveries to exploration, operation, and modification of Equinor’s operated fields and onshore plants in Norway exceeded NOK 93 bln in 2022.

about 2 years ago