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Authorities & Government

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FPSO Raroa operating at the Maari field; Source: MODEC
Authorities & Government

New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

about 1 year ago
Prysmian’s cable layers start installing two subsea interconnections in Spain
Authorities & Government

Prysmian’s cable layers start installing two subsea interconnections in Spain

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Two cable-laying vessels (CLVs) owned by Italian cabling giant Prysmian Group have begun work on two submarine power interconnections in Spain, as part of contracts together worth approximately €250 million, announced in 2022. Prysmian is in charge of the design, supply, installation and commissioni

about 1 year ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Authorities & Government

TEAMER selects 18 new marine energy projects for technical support

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 18 projects through its 16th request for technical support (RFTS), representing over $2.7 million in funding. The Technical Support Recipients (TSRs) will receive assistance across numerical modeling, labo

about 1 year ago
Tangguh LNG; Source: BP
Authorities & Government

Chinese giant expands its oil & gas footprint in Southeast Asia

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has enlarged its Asian portfolio with two exploration blocks in Indonesia.

about 1 year ago
Cerberus
Authorities & Government

Bringing ‘manufacturing renaissance’ to US: HD Hyundai, Cerberus, KDB to help revitalize US maritime capabilities

South Korean conglomerate HD Hyundai and American alternative investment firm Cerberus Capital Management have decided to enter into a strategic partnership to launch a new maritime investment strategy, Cerberus Maritime.

about 1 year ago
A map of US offshore area
Authorities & Government

Environmental review completed for upcoming Gulf of America lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has finalized the environmental study required for the next round of the Gulf of America’s Outer Continental Shelf (OCS) lease sale to move forward.

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Authorities & Government

More time for LNG terminal to kick off exports in Louisiana

Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has been given additional time to start liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from its proposed export project on Louisiana’s Gulf Coast.

about 1 year ago
APM Terminals
Authorities & Government

APM Terminals to invest $1B in India’s Andhra Pradesh ports, terminals

The Netherlands-based terminal operator APM Terminal, part of A.P. Moller – Maersk, has signed a memorandum of understanding (MoU) with India’s Government of Andhra Pradesh, through the Andhra Pradesh Maritime Board (APMB), to accelerate port and terminal development in the state.

about 1 year ago
World-first third party CO2 storage facility begins operating with first injection completed
Authorities & Government

World’s first third-party CO2 storage facility begins operating as first injection takes place

Joint venture partners Equinor, Shell and TotalEnergies have injected and stored the first CO2 volumes at the Northern Lights CO2 project in the Norwegian North Sea, marking the start of operations of what is said to be the world’s first third-party CO2 transport and storage facility. The first CO2

about 1 year ago
Scarborough FPU; Source: Woodside
Authorities & Government

$12.5 billion gas project out of legal woods as court ruling ends up in Woodside’s favor

Australia’s energy giant Woodside has welcomed the Federal Court’s decision to validate the go-ahead for an environmental plan related to its giant gas project off the coast of Western Australia.

about 1 year ago
UK National Grid awards €14 billion in last round of supply chain framework awards
Authorities & Government

UK National Grid awards €14 billion in last round of supply chain framework awards

The UK National Grid has completed the award of its high-voltage direct current (HVDC) civil works supply chain framework, with £12 billion (around €13.9 billion) worth of agreements confirmed, marking the third and final stage of its £59 billion supply chain framework awards. The HVDC supply chain

about 1 year ago
ship recycling
Authorities & Government

Germany has its first green ship recycling facility

For the first time, it will be possible to recycle vessels in Germany rather than sending them to South Asia for demolition.

about 1 year ago
MOF
Authorities & Government

South Korea amends regulations to support green shipping and shipbuilding efforts

South Korea’s Ministry of Oceans and Fisheries (MOF) has revised the rules on the standards and certification of environmentally friendly vessels to further promote and support sustainability-oriented efforts within the shipping and shipbuilding sectors. As disclosed, the new rules, in effect from A

about 1 year ago
Alpha Star rig is one of multiple units working for Petrobras offshore Brazil; Source: Constellation Oil Services
Authorities & Government

Brazil puts seven blocks on offer in latest oil & gas bid round

The National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has revealed seven blocks in the Campos and Santos basins that will be offered in the public session of the 3rd Cycle of the Open Acreage of Production Sharing (OPP).

about 1 year ago