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Authorities & Government

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Illustration; Source: BOEM
Authorities & Government

Date set for next Gulf of Mexico oil & gas lease sale

BOEM has set a date for the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) to comply with a court order.

about 3 years ago
Lease agreement in for North Sea carbon capture and storage project
Authorities & Government

Lease agreement in for North Sea carbon capture and storage project

The UK’s Crown Estate has awarded an agreement for lease for what could become one of the world’s largest carbon capture and storage (CCS) projects. The agreement for lease will allow BP, as the lead operator, to further progress the planned Endurance CCS project, a reservoir in the North Sea that w

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about 3 years ago
Tommeliten A; Source: ConocoPhillips
Authorities & Government

All-systems-go for ConocoPhillips to bring online cross-border North Sea project

Norwegian authorities have given their blessing for the start-up of the ConocoPhillips-operated cross-border field in the North Sea.

about 3 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Authorities & Government

Aker BP all-set to put Odfjell Drilling rig to work on two North Sea fields

Aker BP has received consent to use one of Odfjell Drilling’s rigs for production drilling on two fields located in the North Sea off Norway.

about 3 years ago
Illustration; Source: QatarEnergy
Authorities & Government

BP, QatarEnergy, and Eni get their hands on new exploration block off Egypt

A consortium – comprising Qatar’s QatarEnergy, the UK’s BP, and Italy’s Eni – has been awarded a new exploration block offshore Egypt.

about 3 years ago
CE Delft: CII could cut EU shipping’s emissions by 30% if enforced correctly
Authorities & Government

CE Delft: CII could cut EU shipping’s emissions by 30% if enforced correctly

A recent study, titled “CII and EU Maritime Decarbonization,” conducted by the research center CE Delft on behalf of the Environmental Defense Fund Europe, found that if European policymakers required ships to achieve top performance (A, B) in climate label Carbon Intensity Indicator (CII), ships co

about 3 years ago
The signing of the MoU for the development of clean energy in Tajikistan (Courtesy of Masdar)
Authorities & Government

Masdar sets sights on Tajikistan’s floating solar potential

MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,

about 3 years ago
Shipping
Authorities & Government

Poseidon Principles align with IMO’s raised ambitions

The Poseidon Principles have updated their global framework for assessing and reporting financial institutions’ shipping portfolios’ alignment with climate goals to the IMO’s revised GHG strategy adopted in July 2023. Pioneered in 2019 by Citi, Societe Generale, and DNB with the support of the Globa

about 3 years ago
North Field off Qatar; Source: QatarEnergy LNG
Authorities & Government

All energy roads lead to decarbonization with gas as a linchpin of low-carbon transformation

Despite the growing opposition to fossil fuels, natural gas, primarily LNG, is still the top contender for the transition fuel, which will bridge the gap towards the sought-after low-carbon and green energy future.

20 minutes read
Alexandroupolis LNG terminal wins €106 million European Commission grant
Authorities & Government

Alexandroupolis LNG terminal wins €106 million European Commission grant

The European Commission has approved, under EU State aid rules, a €106 million Greek measure to support the completion of the construction of Gastrade’s liquefied natural gas (LNG) terminal in Alexandroupolis. The aid will take the form of a direct grant, and according to Gastrade, the promoter and

about 3 years ago
Petrobras
Authorities & Government

Petrobras weeks away from embarking on drilling campaign in ‘one of the world’s newest and most promising frontiers’

Petrobras is planning to kick off a drilling program in the Potiguar Basin on Brazil’s Equatorial Margin upon the arrival of a rig.

about 3 years ago
Illustration. Source: BOEM
Authorities & Government

US five-year offshore oil & gas leasing plan puts Biden between the devil and the deep blue sea

Biden administration is stuck between a rock and a hard place while trying to reconcile its climate agenda and offshore wind ambitions with the IRA’s giveaways to the fossil fuels lobby.

19 minutes read
Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Authorities & Government

US DOE launches $16.4 million funding call for offshore wind and marine energy research

The U.S. Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) has issued a funding call for research projects that will reduce risk and improve environmental compatibility of marine energy and offshore wind deployments in the United States.

about 3 years ago
In focus: Advanced economies should pave the energy transition way as 'bolder action' is needed
Authorities & Government

In focus: Advanced economies should pave the net-zero way as bolder action is needed

Although achieving the current net-zero targets is still possible due to the fast-paced development of clean energy technologies, experts believe that we need to make moves that are more strategic.

about 3 years ago