The European Commission has unveiled a €750 billion recovery plan aimed at ensuring economic recovery from the impacts of the COVID-19 crisis. The Next Generation EU fund consists of allocations for € 500 billion and loans for € 250 billion. Combined with targeted reinforcements to the long-term EU
Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system.
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptune Energy for production drilling on the Gjøa field using the Deepsea Yantai semi-submersible drilling rig.
Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway has the lowest, a Rystad Energy analysis shows.
Australian offshore regulator has granted Melbana Energy the approval to suspend the deadline for completion of the current WA-488-P permit year work obligations by 12 months.
Norwegian oil company Aker BP has received consent from the Petroleum Safety Authority (PSA) for plugging and removal work at the Valhall drilling platform using the Maersk Invincible drilling rig.
OMV is ready to drill an appraisal well in the Norwegian Sea following an offshore safety approval for the use of a rig and the receipt of a drilling permit from Norwegian authorities.
UK authorities have approved the plan for the removal of the Petrojarl Banff FPSO and Apollo Spirit FSO from Canadian Natural Resources’ Banff and Kyle fields in the UK sector of the Central North Sea.
Beach Energy is preparing for exploration drilling in the Canterbury Basin offshore New Zealand, which could include up to 11 wells.
Bahamas Petroleum has signed a drilling contract with Stena Drilling for the provision of a rig for its Perseverance #1 well, located offshore The Bahamas, thereby ditching its previous plans to use a Seadrill-owned rig.
Beach Energy has cancelled its proposed Otway development pre-drilling anchoring program, which was under evaluation by Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).
ConocoPhillips has received consent from the Petroleum Safety Authority to use the Rowan Norway rig on the Ekofisk field offshore Norway.
Possibilities to map and monitor the ocean remain restricted due to limitations with existing ocean observing technologies, including energy constraints. As a result, the US Water Power Technologies Office (WPTO) and Atmospheric Administration (NOAA) teamed up to spur technology innovation which can
The Ballast Water Management Convention (BWMC) — an important international treaty which helps prevent the spread of potentially invasive aquatic species by ships — now covers more than 90 per cent of world merchant shipping tonnage.
