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Regulation & Policy

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$40M fund for New Yorkers looking to build careers in green economy opens second call
Regulation & Policy

$40M fund for New Yorkers looking to build careers in green economy opens second call

Champlain Hudson Power Express (CHPE), the high-voltage direct current (HVDC) power cable project that will connect the Canadian border and New York, has opened the second request for proposals (RFP) for its $40 million fund dedicated to supporting New York State’s disadvantaged communities, low-inc

about 2 years ago
An offshore rig and two boats
Regulation & Policy

One condition down, several more to go for Trinity’s acquisition by Trinidadian player

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After accepting a cash offer from Trinidad-headquartered Lease Operators, UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, is moving forward with the proposed merger.

about 2 years ago
A jack-up rig surrounded by the sea
Regulation & Policy

DNO Norge cleared to drill wildcat well in North Sea off Norway

DNO Norge, a subsidiary of Norwegian oil and gas operator DNO, has been granted a drilling permit for a wellbore in the North Sea by the Norwegian Offshore Directorate.

about 2 years ago
Offshore rig surrounded by four tugboats
Regulation & Policy

Orcadian gets hold of offshore license hat-trick by closing deals with UK regulator

UK-headquartered oil and gas player Orcadian Energy has entered into binding license agreements with the North Sea Transition Authority (NSTA) for all three licenses awarded to it by the UK regulator as part of the country’s 33rd seaward licensing round.

about 2 years ago
PSV Icon Amara; Source: Icon Offshore
Regulation & Policy

Probe ongoing after fatal vessel incident near oil platform leaves two dead and one seriously injured

Icon Offshore has confirmed the incident that took two lives and left one worker seriously injured in the waters off the coast of Sarawak, Malaysia.

about 2 years ago
SolarDuck and the world's largest offshore floating solar power plant
Regulation & Policy

Policies on multi-source offshore energy parks start taking shape in Europe

The European Commission’s (EC) Directorate-General for Energy (DG ENER) is preparing detailed recommendations on the integration of non-price criteria in offshore renewable energy tenders.

about 2 years ago
UK’s largest subsea green electricity  superhighway passes funding hurdle
Regulation & Policy

UK’s largest subsea green electricity superhighway cleared for construction take-off

UK energy market regulator Ofgem has selected what is set to become Great Britain’s longest-ever subsea connection as the first project to proceed under its fast-track process and to receive a £3.4 billion funding package. Eastern Green Link 2 (EGL2) is the first of 26 projects to complete the fast-

about 2 years ago
fee
Regulation & Policy

Shipping industry calls for global GHG fee in new proposal

An annual greenhouse gas (GHG) emission fee is at the heart of a new proposal seeking to ensure net zero shipping emissions by 2050.

about 2 years ago
Offshore gas installation surrounded by water
Regulation & Policy

African country hit with $1.2 billion claim as Orca Energy embarks on legal fight over breach of gas contracts

Orca Energy intends, through its subsidiaries, to kick off arbitration proceedings against the country’s government and a state-owned company for alleged violations of several agreements related to a gas field in Tanzanian waters, if no agreement is reached within the timelines the firm has set to t

about 2 years ago
Australian player looking to launch fully operational CCS project by early 2030s
Regulation & Policy

Australian player looking to launch fully operational CCS project by early 2030s

Perth-headquartered InCapture has secured a permit for a carbon capture and storage (CCS) assessment project on the North West Shelf in Australia, aiming to launch a fully operational CCS project by the early 2030s. The greenhouse gas assessment (GHG) permit G-15-AP spans an area of over 6,500 km2 a

about 2 years ago
PEL 94 offshore Namibia; Source: Global Petroleum
Regulation & Policy

Talks underway with potential partner to sign up for exploitation of oil prospect offshore Namibia

Global Petroleum has engaged in discussions to secure a farm-in agreement with an undisclosed potential operating partner for PEL 94 offshore Namibia.

about 2 years ago
View from a vessel deck overlooking another vessel
Regulation & Policy

UK player gears up for next stage of exploration offshore Namibia

Tower Resources has been invited to apply for an extension of the initial exploration period for its license off the coast of Namibia.

about 2 years ago
H2Terminals inks MoU on insurance solutions for green hydrogen shipping
Regulation & Policy

H2Terminals inks MoU on insurance solutions for green hydrogen shipping

H2Terminals and the London P&I Club have signed a memorandum of understanding (MoU) under which the two parties will cooperate to evaluate and develop insurance solutions for the shipping of green hydrogen.

about 2 years ago
Greenstat to start construction of Agder hydrogen facility in Norway
Regulation & Policy

Greenstat to start construction of Agder hydrogen facility in Norway

Norwegian energy company Greenstat is set to commence construction of the hydrogen hub Agder, located at Fiskå industrial park in Kristiansand, Norway.

about 2 years ago