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UK regulator’s supply chain report sparks optimism with deals worth around $6.3 billion in the pipeline

Rules & Regulation

UK regulator’s report signals bright outlook for supply chain with $6.3 bln of work in the pipeline

The UK regulator has revealed a report, which highlights a positive outlook for the supply chain with around $6.3 bln of work in the works.

about 4 years ago

Ursula von der Leyen; President of the European Commission (EC)

Rules & Regulation

EU sets up new task force as tool for getting rid of Russian fossil fuels

The EC has established a new task force to support and implement the REPowerEU goal of energy supply diversification.

about 4 years ago

Rules & Regulation

Equinor and partners investing over $937 mln to develop Norwegian Sea gas project

Equinor and Halten East partners have decided to invest about NOK 9 billion in the development of the area neighbouring the Åsgard field.

about 4 years ago

Rules & Regulation

Celtic Interconnector steps closer to reality with planning permission in place

The Celtic Interconnector project, a subsea link that will allow the exchange of electricity between Ireland and France, has been granted planning permission by An Bord Pleanála, subject to a number of conditions.

about 4 years ago

EC President Ursula von der Leyen and U.S. President Joe Biden

Rules & Regulation

EU and U.S. condemn Russia’s use of ‘energy blackmail’ through actions like gas supply halt

The EU and the U.S. have condemned “Russia’s use of energy blackmail”, like cutting off gas supplies to Finland.

about 4 years ago

Aker BP all set to start drilling ops in Norwegian Sea

Rules & Regulation

Aker BP all set to get Norwegian Sea drilling ops underway

Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the Norwegian Sea off Norway.

about 4 years ago

German Chancellor Olaf Scholz & and Senegalese President Macky Sall.

Rules & Regulation

Germany striving to develop gas field with Senegal amid supply uncertainties

Germany plans to work with Senegal on the development of an offshore gas field amid the severe impact of the war in Ukraine on energy supply and prices.

about 4 years ago

Rules & Regulation

UK gov’t urged to act and drive adoption of shore power for ports

New mandatory targets must push ports into installing, and subsequently ships into using, shore power technology to reduce emissions, according to the UK Chamber of Shipping.

about 4 years ago

Two Norwegian operators get the go-ahead to embark on drilling ops with Odfjell rigs

Rules & Regulation

Two Norwegian operators cleared for offshore drilling ops with Odfjell rigs

Equinor and Aker BP have secured permits from Norwegian authorities for three wildcat wells off Norway to be drilled by Odfjell’s rigs.

about 4 years ago

Rules & Regulation

In focus: Europe’s political balancing act within offshore energy realm

European governments’ efforts to balance the security of the energy supply and climate change materialised in the form of a plan, which is expected to reduce its dependence on Russian fossil fuels and fast forward the green transition.

about 4 years ago

Rules & Regulation

Hellenic Cables’ net-zero targets approved

The Science Based Targets initiative (SBTi) has approved Hellenic Cables’ near-term and long-term greenhouse gas emissions reduction targets. Hellenic Cables commits to reducing absolute scope 1 and 2 GHG emissions by 50% by 2030 from a 2020 base year, as well as the absolute scope 3 GHG emissions f

about 4 years ago

Rules & Regulation

Outpacing global regulator, EU moves to introduce carbon pricing for shipping and Ocean Fund

The European Parliament’s Environment Committee (ENVI) has voted to adopt the European Commission’s proposal to include shipping in the EU Emissions Trading System (ETS), surpassing the (in)activity of the UN maritime body, the International Maritime Organization (IMO), to introduce a similar system

about 4 years ago

Rules & Regulation

EU sets out plan to tackle double whammy of dependence on Russian fossil fuels and climate crisis

The European Commission has presented a plan on how the EU can rapidly reduce its dependence on Russian fossil fuels and fast forward the green transition.

about 4 years ago

UK oil & gas regulator hands over North Sea carbon storage licences to BP and Equinor

Rules & Regulation

UK regulator hands over North Sea carbon storage licences to BP and Equinor

The UK regulator has awarded two carbon storage licences in the North Sea – to store up to 23 Mtpa of CO2 by 2038 – to BP and Equinor.

about 4 years ago