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Rules & Regulation

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Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Rules & Regulation

New oil & gas discovery in North Sea with tie-back on the horizon

Norwegian state-owned energy giant Equinor has made a new commercial oil and gas discovery in the North Sea off Norway, using a Transocean-owned rig.

about 3 years ago
UK's Ofgem grants licenses for electricity links to three EU countries
Rules & Regulation

UK’s Ofgem grants licenses for electricity links to three EU countries

UK energy market regulator Ofgem has granted electricity interconnector licenses for three energy links that will connect the UK with three countries in the European Union.

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about 3 years ago
Offshore Energies UK (OEUK)
Rules & Regulation

OEUK: Calls for UK windfall tax on oil & gas player’s global profits ‘deliberately misleading’

Offshore Energies UK (OEUK) has warned that the calls for new windfall taxes on energy producers’ global profits are misleading.

about 3 years ago
TotalEnergies
Rules & Regulation

With two new offshore licenses, TotalEnergies to explore carbon storage potential in North Sea

French-headquartered energy giant TotalEnergies has been awarded two offshore licenses to explore CO2 storage potential in the Danish North Sea.

about 3 years ago
Norway continues license processing for 1.4 GW link to UK after almost three years
Rules & Regulation

Norway continues license processing for 1.4 GW link to UK after almost three years

Norway’s Ministry of Petroleum and Energy has decided to resume the license processing of the application for the development of a 1.4 GW overseas interconnector between Norway and the UK after the processing was put on hold back in 2020. In a letter dated 25 March 2020, the Norwegian ministry infor

about 3 years ago
Oseberg C; Credit: Øyvind Hagen/Equinor
Rules & Regulation

Equinor to tackle helideck nonconformities at two North Sea platforms

Norwegian regulator has conducted an audit of the management of emergency preparedness and helidecks at Equinor’s two North Sea platforms.

about 3 years ago
Hapag-Lloyd
Rules & Regulation

Hapag-Lloyd kicks off retrofits of 100 ships with new propellers and bulbous bows

German liner company Hapag-Lloyd has launched the retrofitting program of 100 ships with new propellers and bulbous bows. The move is aimed at reducing the ships’ greenhouse gas emissions and help Hapag-Lloyd meet the International Maritime Organization’s (IMO) target of reducing CO2 emissions by 40

about 3 years ago
FPSO Norne; Source: Equinor
Rules & Regulation

New task for Equinor to address nonconformities on FPSO

Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.

about 3 years ago
Shell
Rules & Regulation

Shell doubles profit in 2022 to record-breaking $40 billion

Shell recorded the highest-ever profit of nearly $40 billion in 2022, which has come under fire from NGOs and environmentalists.

about 3 years ago
Shipbreaking
Rules & Regulation

Urgent need for change in ship recycling sector: 80% of ships scrapped on South Asian beaches

A total of 443 ocean-going commercial ships and offshore units were sold for scrapping in 2022, data from NGO Shipbreaking Platform shows. Of these, 292 large tankers, bulkers, floating platforms, cargo- and passenger ships ended up for dirty and dangerous breaking on tidal beaches in Bangladesh, In

about 3 years ago
Central Morecambe platform; Source: Spirit Energy
Rules & Regulation

Turning depleted natural gas fields into ‘one of the biggest carbon storage and hydrogen production clusters’

Spirit Energy has confirmed its plan to transform two depleted gas fields in Morecambe Bay into a carbon storage cluster.

about 3 years ago
Salus Technical
Rules & Regulation

New offshore safety guidance with potential to prevent major oil & gas accidents sees the light of day

Aberdeen-based Salus Technical has launched what it describes as “a potentially life-saving” guidance document.

about 3 years ago
BIO UV Group
Rules & Regulation

BIO-UV books 31 pct increase in BWTS sales

French ballast water treatment systems producer BIO-UV Group has reported a 31% increase in revenues from its maritime business segment, contributing to full-year consolidated revenues of €51.5m for the 2022 financial year. The Euronext Paris listed company confirmed the sale of more than 200 BIO-SE

about 3 years ago
Wintershall Dea cleared to deploy well intervention vessel on four fields off Norway
Rules & Regulation

Wintershall Dea cleared to deploy well intervention vessel off Norway

Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.

about 3 years ago