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Regulation & Policy

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Illustration; Credit: Morten Berentsen/NOD
Regulation & Policy

21 oil & gas firms show ‘great faith’ in hydrocarbon exploration in Norwegian waters

21 companies have submitted offers for production licenses, as part of the award in pre-defined areas 2024 (APA 2024) licensing round, indicating their interest in further exploration activity on the Norwegian Continental Shelf (NCS).

about 2 years ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Regulation & Policy
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Chevron takes another shot at making Aphrodite rise from the sea with revised $4 billion plan for offshore gas development

Chevron has handed over an updated plan for the development of an offshore gas field reservoir in Block 12 to the government of Cyprus, which is located in the Eastern Basin of the Mediterranean Sea.

about 2 years ago
With DNV’s stamp of approval in place, bound4blue eyes faster adoption of eSAIL
Regulation & Policy

With DNV’s stamp of approval in place, bound4blue eyes faster adoption of eSAIL

Spanish automated wind-assisted propulsion system specialist bound4blue has received full type approval design certificate (TADC) from classification society DNV for its eSAIL technology, anticipating a faster adoption process and further orders. The eSAIL, designed for both retrofits and newbuilds,

about 2 years ago
'Industry-first' DNV approval for Ocean Infinity's remote vessel operations
Regulation & Policy

‘Industry-first’ DNV approval for remote vessel operations goes to Ocean Infinity

Houston-based marine robotics company Ocean Infinity has received DNV’s Statement of Compliance for the remotely supported operational concept for the Armada 78 fleet of offshore survey vessels. With this approval, Ocean Infinity said it had become the industry’s first organization to reach the requ

about 2 years ago
Corvus Energy’s marine fuel cell system wins DNV’s type approval
Regulation & Policy

Corvus Energy’s marine fuel cell system wins DNV’s type approval

Norway-based energy storage company Corvus Energy has received type approval from the classification society DNV for its Corvus Pelican fuel cell system (FCS).

about 2 years ago
Six companies in the run for three CO2 storage licenses offshore Norway
Regulation & Policy

Six companies in the run for three CO2 storage licenses offshore Norway

The Norwegian Ministry of Energy has received applications from six companies for three CO2 storage areas on the Norwegian Continental Shelf (NCS) as part of the seventh call for CO2 storage in the area. Aker BP, Equinor Low Carbon Solutions, Harbour Energy Norge, Horisont Energi, Storegga Norge and

about 2 years ago
Real urgency to protect subsea infrastructure as world not looking bright, Dutch say
Regulation & Policy

Real urgency to protect subsea infrastructure as world not looking bright, Dutch say

Subsea infrastructure is critical to the energy security in Europe and with the world not looking so bright there is a real urgency to get something going to protect this infrastructure, but the solution is not easy to find, panelists said at a discussion on seabed security organized by IRO, the Ass

about 2 years ago
DNV certifies Hudong-Zhonghua’s four vessel designs
Regulation & Policy

DNV certifies Hudong-Zhonghua’s four vessel designs

Classification society DNV has issued three approval in principle (AiP) certificates to Chinese shipbuilder Hudong-Zhonghua for its vessel designs, including ultra large ethane carrier (ULEC), liquefied CO2 (LCO2) carrier, and LNG bunker vessel, and general approval for ship application (GASA) certi

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Regulation & Policy

With clearance in hand, US player ready to push LNG export to non-FTA countries off the ground

New Fortress Energy (NFE) is all set to make a start on liquefied natural gas (LNG) export to non-free trade agreement (FTA) countries from its floating liquefied natural gas (FLNG) unit off the coast of Altamira, Mexico.

about 2 years ago
PowerCell secures DNV’s approval for new methanol-to-power solution
Regulation & Policy

PowerCell secures DNV’s approval for new methanol-to-power solution

Swedish hydrogen fuel cell provider PowerCell has obtained approval in principle (AiP) from classification society DNV for a new methanol-to-power solution that combines a methanol reformer with a fuel cell system. Specifically, the new solution has a fully integrated methanol reformer from RIX Indu

about 2 years ago
K Line-operated car carrier obtains notation for safe EV transportation
Regulation & Policy

K Line-operated car carrier obtains notation for safe EV transportation

Car carrier Texas Highway, currently operated by K Line, has received a notation from ClassNK for its additional fire safety measures during marine transportation of electric vehicles.

about 2 years ago
ONE
Regulation & Policy

Ocean Network Express to roll out EU ETS surcharge amid regulatory changes

Starting October 1, 2024, Singapore-based shipping company Ocean Network Express (ONE) will implement an Emissions Trading System (ETS) surcharge as part of its response to the European Union’s inclusion of the maritime industry in its emissions trading scheme. According to a report by ONE, the impl

about 2 years ago
Lloyd’s Register approves Sealution’s data connectivity solution for vessels
Regulation & Policy

Lloyd’s Register approves Sealution’s data connectivity solution for vessels

Sealution has been awarded type approval by Lloyd’s Register for its plug-and-play Gateway solution, designed to unlock and transport critical data below deck on board merchant vessels.

about 2 years ago
Noble Discoverer (former Maersk Discoverer) rig; Source: Noble Corporation
Regulation & Policy

Noble and Diamond Offshore days away from becoming one as final regulatory approval slides into place

Noble Corporation and Diamond Offshore have managed to get all regulatory requirements out of the way, thus, their business combination is anticipated to be completed in a couple of days.

about 2 years ago