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Rules & Regulation

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Energy Efficiency & InnovationGreen MarinePropulsionShipbuildingEnvironmentRegulation & PolicyVesselsFossil EnergyOil & GasRigsAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersSafetyFPSO & VesselsHuman CapitalMarket OutlooksOutlook & StrategyTransitionCablingSubseaInfrastructureOperations & MaintenanceCollaborationClean FuelDredgingHydrogenMarine EnergyOffshore WindTidal & Wave EnergyTurbinesWind FarmsCarbon Capture Usage & StorageEquipment
IMO
Rules & Regulation

Impending environmental regulations set to slash bulker supply

Entrance into force of the new IMO environmental regulations in 2023 is expected to slow down the supply of vessels into the dry bulk market, according to a recent market forecast by Vessels Value. The drop will remove up to 3-4% of the fleet’s effective trading capacity, based on the outlook, which

about 4 years ago
Equinor to drill North Sea prospect with Transocean rig
Rules & Regulation

With clearance in hand, Equinor set to use Transocean rig for North Sea drilling

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Equinor has received consent from Norway’s safety regulator for exploration drilling in the North Sea, using one of Transocean’s rigs.

about 4 years ago
Aker BP secures life extension for North Sea field
Rules & Regulation

Life extension granted for North Sea field

Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.

about 4 years ago
S&P Global introducing carbon-accounted tanker assessments under EU ETS
Rules & Regulation

S&P Global introducing carbon-accounted tanker assessments under EU ETS

Starting on 1 August, S&P Global Commodity Insights, a provider of energy and commodities information, will launch daily Platts price assessments for freight emissions under the European Union’s Emissions Trading System (ETS). As explained, the new assessments will show the cost of carbon dioxide em

about 4 years ago
Shearwater - Shell
Rules & Regulation

Shell sanctions Jackdaw gas project in North Sea

Shell has taken the final investment decision to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year.

about 4 years ago
Petrojarl Foinaven FPSO
Rules & Regulation

‘Aggrieved’ FPSO workers to down tools over redundancy package

UK’s Unite the union has confirmed that its members operating the Foinaven FPSO vessel have voted to take strike action.

about 4 years ago
Baltic Exchange to provide standardised emissions reference point for shipping industry
Rules & Regulation

Baltic Exchange to provide standardised emissions reference point for shipping industry

London-based maritime industry information provider Baltic Exchange is developing a project that aims to provide a standardised emissions reference point and find a simpler way to understand round voyage emissions against the transport work done. Starting on 1 January 2023, two new energy efficiency

about 4 years ago
Norway buzzing with exploration activity in 1H 2022 with more to come
Rules & Regulation

Norwegian authorities expect up to 40 exploration wells this year

Norway has recorded a high level of exploration activity in the first half of 2022, which has led to six discoveries so far.

about 4 years ago
Russian gas flowing to Europe again as Nord Stream 1 restarts
Rules & Regulation

Russian gas flowing to Europe again as Nord Stream 1 restarts

The Nord Stream 1 pipeline has resumed gas transmission from Russia to Europe after ten days of being shut down due to annual maintenance works. Both lines of the gas pipeline system were shut down on 11 July for routine maintenance works, including testing of mechanical elements and automation syst

about 4 years ago
eexi
Rules & Regulation

VesselsValue: 75 pct of global fleet will not be EEXI compliant

Prior to any efficiency modifications, more than 75% of the fleet — bulkers, tankers and containerships — will not be compliant with the Energy Efficiency Existing Index (EEXI) that will enter into force in 2023, according to Joey Daly, Cargo Analyst at VesselsValue.

about 4 years ago
Equinor ordered to address organisational, technical and safety challenges at North Sea platform
Rules & Regulation

Regulatory order for Equinor over maintenance management on North Sea platform

The Norwegian offshore safety regulator followed up an audit of Equinor’s platform in the North Sea with an order to the operator.

about 4 years ago
Transocean rig to spud two North Sea wells for Equinor
Rules & Regulation

Norwegian giant obtains permit for North Sea well duo

Equinor has secured a permit from the country’s authorities to drill two wells in the North Sea off Norway, using one of Transocean’s rigs.

about 4 years ago
Red alert for EU: How can Europe prevent a major gas crunch?
Rules & Regulation

Red alert for EU: How can Europe prevent a major gas crunch?

Amid the global energy crisis, coordinated actions across the EU are essential to prevent a major gas crunch, says the IEA boss.

about 4 years ago
In focus: Are renewables turning oil & gas plays truly into a thing of the past or are we not there yet?
Rules & Regulation

In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, th

about 4 years ago