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Authorities & Government

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EnvironmentBusiness Developments & ProjectsCollaborationEquipmentMarket OutlooksOutlook & StrategyRegulation & PolicyTechnologyTransitionVisionBusiness & FinanceExploration & ProductionOperations & MaintenanceProject & TendersRules & RegulationSafetyCarbon Capture Usage & StorageStorageGreen MarineHeavy liftingInnovation
IMO
Authorities & Government

IMO welcomes new consultative partner to support shipping decarbonization

Environmental Defense Fund (EDF) was granted consultative status by the International Maritime Organization (IMO) to support the shipping industry and countries to move in the right direction on climate.

about 3 years ago
Minesto sets sights on tidal energy potential of Indonesia (Courtesy of Minesto)
Authorities & Government

Minesto inks collaboration deals for tidal energy projects in Indonesia

Swedish company Minesto has signed two collaboration agreements to explore the development of tidal energy projects in in Nusa Tengara Barat region in Indonesia.

about 3 years ago
West Elara jack-up rig; Source: Seadrill
Authorities & Government

Seadrill tasked with addressing nonconformities on jack-up rig

Norwegian offshore safety regulator has carried out an audit of maintenance management on one of Seadrill’s jack-up rigs.

about 3 years ago
Denmark awards first CO2 storage permit
Authorities & Government

Denmark awards first CO2 storage permit

The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 tonnes of CO2 in a former oil field over a four-month period. INEOS E&P and Wintershall Dea have been granted permission to begin a time- an

about 3 years ago
North Sea field secures life extension
Authorities & Government

North Sea field secures life extension

Sval Energi has received consent from Norway’s regulator to use the facilities on a North Sea field off Norway beyond their original lifespan.

about 3 years ago
Will the UK’s huge new oil & gas project overcome the hurdles in its path?
Authorities & Government

Will the UK’s huge new oil & gas project overcome the hurdles in its path?

Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

about 3 years ago
Sovcomflot’s Gagarin Prospect
Authorities & Government

All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be loaded and where they would head as Moscow defines its steps in response to the [&he

about 3 years ago
Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts
Authorities & Government

Price cap on Russian crude oil comes into force while OPEC+ sticks to output cuts

A price cap for seaborne Russian crude oil is being imposed by the G7 and Australia while OPEC+ has decided to keep the status quo.

about 3 years ago
Repurposed North Sea rig closes its door to go back to its decommissioning cycle
Authorities & Government

Repurposed North Sea rig closes its doors to go back to its decommissioning cycle

SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.

about 3 years ago
ICS, Emirates Shipping Association to pursue COP28 goals under new MoU
Authorities & Government

ICS, Emirates Shipping Association to pursue COP28 goals under new MoU

ICS has signed a MoU with the Emirates Shipping Association for collaboration towards the UNFCCC Climate Conference COP28 and beyond.

about 3 years ago
How will UK's energy windfall tax hike impact oil & gas players?
Authorities & Government

How will UK’s energy windfall tax hike impact oil & gas players?

Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.

about 3 years ago
Environmentalists call on Biden to stick to ‘no new drilling’
Authorities & Government

Environmentalists call on Biden to stick to ‘no new drilling’

Earthjustice has urged Biden to put a stop to new drilling and ongoing fossil fuel extraction on U.S. federal lands and offshore territories.

about 3 years ago
Africa turning into hotspot for oil & gas exploration as investments reach whopping $5.1 bln in 2022
Authorities & Government

Africa turning into hotspot for oil & gas exploration as investments reach $5.1 bln in 2022

Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.

about 3 years ago
Chinese partner pays nearly $2 bln to Petrobras to raise its stake in Brazilian field
Authorities & Government

Chinese partner pays nearly $2 bln to Petrobras to raise its stake in Brazilian field

Petrobras has received almost $2 billion from CNOOC, which the Chinese firm paid to acquire an additional interest in the Búzios field.

about 3 years ago
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