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Rules & Regulation

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A panel session at Offshore Energy Exhibition & Conference 2023 in Amsterdam
Rules & Regulation

OEEC 2024: A lot to talk about

In a little more than five years, renewable energy targets set for 2030 will come knocking on the door. Whether they will be reached, missed or overshot, depends on multiple factors, most of which concern policymakers and the energy sector itself. At the end of 2023, the EU increased the binding ren

about 2 years ago
MMMCZCS survey: Majority of maritime community willing to work with ammonia-fueled vessels
Rules & Regulation

MMMCZCS survey: Majority of maritime community willing to work with ammonia-fueled vessels

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While the implementation of ammonia as a marine fuel is expected to be technologically feasible as early as 2025-2026, its toxic nature requires the maritime industry to develop new approaches to safety. However, the majority of maritime community members are willing to sail on or work with ammonia-

about 2 years ago
Horisont Energi looking for partner(s) for Barents Sea CO2 exploration license as ORLEN withdraws
Rules & Regulation

Horisont Energi looking for new partners for Barents Sea CO2 exploration license as ORLEN withdraws

ORLEN Upstream Norway, part of Poland’s ORLEN Group and formerly known as PGNiG Upstream Norway (PUN), has decided to withdraw from the Polaris CO2 exploration license, the only CO2 storage located in the Barents Sea, with Horisont Energi now assessing the way forward for the project. The Polaris li

about 2 years ago
NAM, a Shell-Exxon joint venture, which is paying compensation for homes damaged by seismic activity due to gas extraction in Groningen province, is anticipating the sale of its offshore assets in mid
Rules & Regulation

As Shell-ExxonMobil JV awaits divestment of offshore assets, Dutch govt facing lawsuit over gas field closure

NAM, a 50/50 joint venture (JV) between the UK-based Shell and the U.S.-headquartered ExxonMobil, is expecting to close its exploration and gas production chapter in the North Sea after more than 60 years next year. However, the inability to settle the dispute regarding the end of gas extraction act

about 2 years ago
Source: North Sea Transition Authority (NSTA)
Rules & Regulation

More sustainable and closely coordinated seabed management aim of new UK agreement

UK regulator North Sea Transition Authority (NSTA) and The Crown Estate, manager of the seabed and renewable energy rights within the economic zone in England, Wales and Northern Ireland, have signed a new Statement of Intent as part of joint aspirations to ensure a more sustainable and closely coor

about 2 years ago
An offshore rig and a vessel at sunset
Rules & Regulation

UK regulator streamlining offshore license transactions with set of guidelines

The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh

about 2 years ago
MEPC 82
Rules & Regulation

MEPC 82 brings net-zero framework closer to reality as crucial 2025 session approaches

Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues it

about 2 years ago
Gasum partners with Wasaline to build commercial FuelEU Maritime pooling service
Rules & Regulation

Gasum partners with Wasaline to build commercial FuelEU Maritime pooling service

Nordic energy company Gasum has joined forces with Finnish shipping company Wasaline to build the first large-scale commercial FuelEU Maritime pooling service, providing a way for conventional fuel vessels to save on compliance costs as the regulation enters into force in January 2025. Established t

about 2 years ago
Mersey Tidal barrage
Rules & Regulation

Formal planning process for UK tidal scheme starts, with public consultations following

Liverpool City Region Mayor has unveiled that the first public consultation for the Mersey Tidal Power project started just days after the formal planning process was initiated. This six-week consultation allows the public and local organizations to review and comment on the project’s early proposal

about 2 years ago
EU issues terms and conditions for second hydrogen bank auction
Rules & Regulation

EU issues terms and conditions for second hydrogen bank auction

The European Commission (EC) has published the final terms and conditions (T&Cs) for its second auction for the production of renewable hydrogen (IF24 Auction), via the Innovation Fund.

about 2 years ago
ESPO
Rules & Regulation

ESPO, FEPORT: EU-wide tax exemption for onshore power supply is necessary

The European Sea Ports Organisation (ESPO) and the Federation of European Private Port Companies and Terminals (FEPORT) are calling for an EU-wide mandatory tax exemption for onshore power supply (OPS) in the compromise text on the revised Energy Taxation Directive (ETD).

about 2 years ago
clean fuels
Rules & Regulation

European shipowners: Shipping should be given ‘priority access’ to clean fuels

Reflecting on the recently published Draghi report, European Community Shipowners’ Associations (ECSA) have presented in a position paper their recommendations to support the uptake of clean fuels in shipping.

about 2 years ago
Excelerate Energy's FSRU; Source: Excelerate Energy
Rules & Regulation

‘World’s largest FSRU operator’ going in hot pursuit of greener ops with Wärtsilä’s reliquefaction retrofit as USA racks its brain on bridging the gap for gas project reviews

Wärtsilä is helping future-proof gas infrastructure with its reliquefaction systems, which it will deliver for retrofit and installation onboard an FSRU, owned by the U.S.-based Excelerate Energy, a liquefied natural gas (LNG) giant.

about 2 years ago
Maritime
Rules & Regulation

All eyes on IMO: Maritime industry calls on global regulator to bridge existing fuel price gap

Maritime industry leaders, representing both the private and public sectors, have issued a joint call on the International Maritime Organization (IMO) Member States for a strong and global regulatory framework that accelerates the use of zero and near-zero greenhouse gas (GHG) fuels.

about 2 years ago