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Rules & Regulation

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Saipem's Scarabeo 8 semi-submersible rig; Source: Var Energi
Rules & Regulation

Saipem rig cleared to spin the drill bit in Norwegian waters

Aker BP has secured a drilling permit for an exploration well in the Norwegian Sea off the coast of Norway, which is slated to be drilled this month using a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
Ten suppliers line up for UK National Grid's HVDC supply chain framework
Rules & Regulation

Ten suppliers line up for UK National Grid’s HVDC supply chain framework

The National Grid has awarded contracts to ten suppliers as part of a £59 billion high voltage direct current (HVDC) supply chain framework, setting the stage for the delivery of the required works and equipment for key energy projects across the UK. The HVDC supply chain framework was launched in 2

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about 1 year ago
Puzzle coming together for Western Isles' link to Scottish national electricity transmission network
Rules & Regulation

Puzzle coming together for Western Isles’ link to Scottish national electricity transmission network

Scottish transmission system operator (TSO) SSEN Transmission has submitted a planning application for a project that encompasses the construction of the converter station and substation for a subsea link that will connect the Western Isles to the national electricity transmission network for the fi

about 1 year ago
Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Rules & Regulation

$945 million sale deal for ‘high-quality’ assets on shaky ground as uncertainty abounds

Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.

about 1 year ago
Stena Immaculate tanker; Credit: Maritime and Coastguard Agency
Rules & Regulation

Oil tanker stays put as cargo ship gets a tow: US and Portugal let UK spearhead North Sea allision probe

As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds.

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Rules & Regulation

North Sea wildcat pair on Odfjell rig’s drilling agenda for April

Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.

about 1 year ago
Despite Turkish interference: Greece still committed to subsea power link to Cyprus
Rules & Regulation

Despite Turkish interference: Greece stays committed to subsea power link to Cyprus

Greece has reaffirmed its commitment to constructing a subsea power link to Cyprus following reports that the project was halted over financial and geopolitical concerns, Reuters reported. The 1,240-kilometer Great Sea Interconnector, previously known as the EuroAsia Interconnector, is envisioned to

about 1 year ago
Fugro cuts time to USV deployment with in-service certification deal with Lloyd's Register
Rules & Regulation

Fugro’s in-service certification deal with Lloyd’s Register cuts time to USV deployment

Dutch Fugro has made a move to simplify the certification process for its growing fleet of autonomous uncrewed surface vessels (USVs) with the signature of an agreement with Lloyd’s Register. The signature of the block fee agreement to streamline the in-service certification and maintenance of Fugro

about 1 year ago
Denmark: TotalEnergies, Mitsui and CarbonCuts in the run for CO2 storage in coastal areas
Rules & Regulation

Denmark: TotalEnergies, Mitsui and CarbonCuts in the run for coastal CO2 storage permits

The Danish Energy Agency has received two applications in the tender for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark, launched at the beginning of 2025. The tender, opened on January 9, covers three areas near the Danish coast – Jammerbugt, Lisa and In

about 1 year ago
Eighth call for CO2 storage offshore Norway opens for applications
Rules & Regulation

Eighth call for CO2 storage offshore Norway opens for applications

The Norwegian Ministry of Energy is inviting interested parties to apply for CO2 storage exploration licenses related to one area on the Norwegian Continental Shelf (NCS), representing the eighth time such acreage is announced on NCS. The announcement was made on March 5 for the area that comprises

about 1 year ago
Repair costs for damaged Finland-Estonia subsea link to be sought via court
Rules & Regulation

Shipowner to be taken to court over damage of Finland-Estonia subsea link

Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the request to seize the ship that broke the EstLink 2 power connection in December 2024 for compensation for damages, and plan to sue the shipowner for compensation for repair costs. To remind, Fi

about 1 year ago
FPSO Western Isles; Source: NEO Energy
Rules & Regulation

UK partners on the lookout for fiscal and regulatory clarity before speeding up North Sea oil project

NEO Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are still waiting for the fiscal and regulatory uncertainty surrounding the UK’s oil and gas scene to clear up, once the government wraps up its environmental guidance revamp for oil and gas projects, to move full steam ahead wit

about 1 year ago
EU
Rules & Regulation

Flag-hopping undercuts EU ship recycling guidelines, European Commission found

The EU Ship Recycling Regulation (SRR), in place since 2018, has largely met its objectives, but its further progress hinges on responsible practices of shipowners, a ‘considerable’ number of whom have “actively undermined” the guideline’s success, a new evaluation by the European Commission argues.

about 1 year ago
Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation
Rules & Regulation

Ports of Rotterdam and Antwerp-Bruges call for rapid Clean Industrial Deal implementation

The Dutch Port of Rotterdam and Belgian Port of Antwerp-Bruges have welcomed the Clean Industrial Deal, through which the European Commission intends to strengthen the competitiveness of European industry, emphasizing that now is the time to concretize the announced measures.

about 1 year ago