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Authorities & Government

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Ofgem OKs transmission investments needed for UK's 50GW by 2030 offshore wind target
Authorities & Government

Ofgem OKs transmission investments needed for UK’s 2030 offshore wind target

Ofgem has approved the strategic electricity transmission reinforcements required to deliver the UK Government’s 50 GW offshore wind by 2030 target, set out as part of the regulator’s Accelerated Strategic Transmission Investment (ASTI) framework. The decision confirms that all SSEN Transmission pro

about 3 years ago
Search suspended for four missing in chopper incident in Gulf of Mexico
Authorities & Government

Update: Search suspended for four missing in chopper incident in Gulf of Mexico

The search for four people aboard a downed helicopter, which went down in the U.S. Gulf of Mexico, has been suspended.

about 3 years ago
Four missing after chopper goes down in Gulf of Mexico while departing from oil rig
Authorities & Government

Four missing after chopper goes down in Gulf of Mexico while departing from oil rig

The U.S. Coast Guard (USCG) has launched a search and rescue (SAR) mission for four people aboard a downed helicopter in the Gulf of Mexico.

about 3 years ago
TotalEnergies stays in Gabon for another 25 years
Authorities & Government

TotalEnergies stays in Gabon for another 25 years

TotalEnergies’ unit in Gabon has signed a new exploitation and production sharing contract with the Gabonese government, as well as a deal to extend the Establishment Agreement. TotalEnergies EP Gabon has signed with the government an agreement relating to the rearrangement of certain provisions of

about 3 years ago
Grand Mereya. Courtesy of Sakhalin Energy LLC
Authorities & Government

Japanese insurers scramble to retain marine war cover to secure LNG imports from Russia

Japan, the world’s top importer of LNG, is working with marine insurers in the country to ensure LNG imports from Russia are not jeopardized in the wake of the latest sanctions against Moscow. Three companies from Japan, Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, and Mitsui Sumito

about 3 years ago
Vladimir Putin, President of Russia
Authorities & Government

Putin bans oil sales to countries abiding by the price cap

Russian President Vladimir Putin signed an Executive Order on Tuesday, December 27, banning the sale of oil and oil products to foreign companies and individuals abiding by the price cap imposed by the Westrn nations. To remind, at the beginning of December, the Group of Seven (G7) nations and Austr

about 3 years ago
Petroleum exploration license offshore Namibia granted second extension
Authorities & Government

Petroleum exploration license offshore Namibia granted second extension

Namibia’s Ministry of Mines and Energy has granted a second one-year extension for the Petroleum Exploration License 87 (PEL 87) located in the Orange Basin. Canada-based Sintana Energy reported on 21 December that Namibia’s Minister of Mines and Energy had granted a second one-year extension to the

about 3 years ago
Italian developer aims to pair green hydrogen with floating offshore wind
Authorities & Government

Italian developer aims to pair green hydrogen with floating offshore wind

An Italian company specialising in producing green hydrogen using renewable energy sources has applied for a maritime concession to build a 675 MW floating offshore wind farm in the Strait of Sicily.

about 3 years ago
GreenH2Atlantic project gains Potential National Interest status
Authorities & Government

GreenH2Atlantic project gains Potential National Interest status

Trade and investment agency AICEP, an independent public entity of the government of Portugal, has awarded a Potential National Interest (PIN) status to the GreenH2Atlantic project, which is developing a 100 MW green hydrogen production unit in Sines, Portugal. Martifier Group, one of the developers

about 3 years ago
Restart of Freeport LNG’s Texas facility on hold until late January 2023
Authorities & Government

Restart of Freeport LNG’s Texas facility on hold until late January 2023

US liquefied natural gas (LNG) export company Freeport LNG has updated the timing of the initial restart of its liquefaction facility in Texas which has been shut since June. To remind, the facility has been shut down following the explosion incident that occurred on 8 June. At first, the restart of

about 3 years ago
BP secures 20-year production sharing contract extension for Indonesian LNG project
Authorities & Government

BP secures 20-year production sharing contract extension for Indonesian LNG project

UK-based energy giant BP and the Government of Indonesia have concluded a 20-year extension of the Tangguh production sharing contract (Tangguh PSC), enabling BP to further develop the largest gas-producing field in Indonesia. On 23 December, BP announced that the Indonesian government granted the e

about 3 years ago
Two gas traders fined €4.8 million for failing to comply with LNG unloading programs in Spain
Authorities & Government

Two gas traders fined €4.8 million for failing to comply with LNG unloading programs in Spain

Two European gas trading companies have been fined a total of €4.8 million by the Spanish National Markets and Competition Commission (CNMC) for failing to comply with the LNG unloading programs in Spanish regasification companies. On 22 December, the CNMC informed it had sanctioned RWE Supply & Tra

about 3 years ago
Sempra secures licenses to export LNG from two projects in Mexico
Authorities & Government

Sempra secures licenses to export LNG from two projects in Mexico

Sempra Infrastructure, a subsidiary of North American energy company Sempra, has received authorisation from the U.S. Department of Energy (DOE) to re-export liquefied natural gas (LNG) from two projects in Mexico. On 22 December, Sempra announced that Energía Costa Azul, S. de R.L. de C.V. (ECA LNG

about 3 years ago
Nigeria plans bidding round for 7 deepwater offshore blocks
Authorities & Government

Nigeria plans bidding round for 7 deepwater offshore blocks

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on behalf of the Federal Government, is planning to hold a mini-bid round for seven offshore blocks in order to spur new exploration and drilling activities in the country’s deep waters. The seven blocks in the Mini Bid Round cover an ar

about 3 years ago
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