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Regulation & Policy

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Andrew McKeran, Chief Growth Officer at Lloyd’s Register; Loy Wee Meng, Senior Product Manager of Wison New Energies FPSO Product Center; and Li Chaoyan, President of Americas at Wison New Energies; C
Regulation & Policy

Wison New Energies’ internal turret FPSO design wins endorsment from Lloyd’s Register

UK-based classification society Lloyd’s Register (LR) has given its blessing to China-based provider of clean energy services Wison New Energies (WNE) for a new harsh environment floating production, storage, and offloading (FPSO) design featuring an internal turret mooring system.

about 4 months ago
COSL Innovator rig; Source: COSL
Regulation & Policy

North Sea wildcat on COSL rig’s drilling agenda for June

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 4 months ago
COSL Innovator rig; Source: COSL
Regulation & Policy

Seal of approval for North Sea oil & gas exploration with COSL rig on drilling duty

Norwegian state-owned energy giant Equinor has received authorization from the country’s authorities to embark on exploration drilling activities with one of COSL Drilling Europe’s semi-submersible rigs in the North Sea off the coast of Norway.

about 4 months ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Regulation & Policy

US program selects 34 marine energy projects for technical support in record $4.8M round

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved a record 34 marine energy projects through its 17th Request for Technical Support (RFTS), reflecting a total of over $4.8 million. Backed by the U.S. Department of Energy (DOE) and managed by the Pacific Oc

about 4 months ago
Otway Basin assets; Source: Amplitude Energy
Regulation & Policy

Australian offshore production license paving the way for first gas in 2028

Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has obtained a production license, which entails an undeveloped gas discovery in the Otway Basin off the coast of Victoria, Australia.

about 4 months ago
Kommandor Susan
Regulation & Policy

Substitute engine parts cause of fire on board UK survey vessel, report says

The diesel generator engine failure that sparked an engine room fire and total power blackout on board the UK-flagged site investigation vessel Kommandor Susan in January 2025 was caused by substitute engine components installed during a 2019 overhaul, the investigation report issued by the UK gover

about 4 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Regulation & Policy

New gas storage license on the horizon for UK’s integrated energy storage project

England-based energy transition-focused player EnergyPathways is awaiting the award of a gas storage license (GSL) from the North Sea Transition Authority (NSTA) in connection with the firm’s flagship energy storage project off the Cumbria coast in the East Irish Sea.

about 5 months ago
Deepwater Atlas drillship (for illustration purposes); Source: Transocean
Regulation & Policy

Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance

Switzerland-based offshore drilling contractor Transocean’s business combination with the Bermuda-incorporated Valaris is facing extended antitrust scrutiny, as the offshore drilling giants’ merger request is under review with the Federal Trade Commission and the Antitrust Division of the United Sta

about 5 months ago
Illustration; Credit: Morten Berentsen/NOD
Regulation & Policy

70 more offshore exploration blocks widen Norway’s new oil & gas licensing round

Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea.

about 5 months ago
Illustration; Source: Australian Energy Producers (former APPEA)
Regulation & Policy

Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration helps bolster efforts to unlock the next generation of supp

about 5 months ago
Chevron picks GR Engineering Services’ business for its Australian natural gas facilities
Regulation & Policy

Woodside in the clear for plug & abandonment ops offshore Australia

Australian energy giant Woodside has received a blessing for its environmental plan (EP) from the country’s offshore regulator for permanent plug and abandonment (P&A) of multiple subsea exploration wells off the coast of Australia.

about 5 months ago
Marine license variation ‘opens door to further innovation’ at Morlais tidal energy scheme
Regulation & Policy

Marine license variation ‘opens door to further innovation’ at Morlais tidal energy scheme

Menter Môn Morlais has secured regulatory approval to deploy different types of tidal technology within the Morlais tidal energy scheme off the coast of Anglesey in Wales. Natural Resources Wales has approved the company’s application to vary its existing marine license, allowing different types of

about 5 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Regulation & Policy

Probe into offshore rig incident uncovers serious breaches

Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).

about 5 months ago
DNV’s scope at UK’s first offshore CCS project expands with independent certifier role
Regulation & Policy

DNV’s scope at UK’s first offshore CCS project expands with independent certifier role

DNV has been selected as the independent certifier for Northern Endurance Partnership (NEP), the UK’s first offshore carbon capture and storage (CCS) project, and will verify that the project’s construction and operation comply with the carbon dioxide transport and storage licence (CO2 T&S license)

about 5 months ago
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