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Authorities & Government

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Türkiye's new FPSO destined to work at Black Sea gas field; Source: Türkiye's Ministry of Energy and Natural Resources
Authorities & Government

300-meter-long FPSO comes to Türkiye: Twofold increase in Black Sea gas production on the horizon (Photo)

Türkiye has welcomed the arrival of its first-ever floating production, storage, and offloading (FPSO) vessel, which is the same size as three standard football fields put together and will double the gas production from the country’s giant field in the Black Sea, once the unit kicks off its 20-year

about 2 years ago
An offshore rig
Authorities & Government
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Judicial order to halt offshore gas ops puts Colombia at risk of energy deficit in 2025, industry associations warn

The Colombian Oil and Gas Association (ACP) and the Colombian Natural Gas Association (Naturgas) have voiced their concern over the ruling, which pulled the plug on natural gas exploration activities conducted in a well offshore Colombia.

about 2 years ago
Maersk
Authorities & Government

Maersk CEO: Global regulator must ensure price parity between green and fossil fuels

Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.

about 2 years ago
Illustration; Source: Georgian State Electrosystem (GSE)
Authorities & Government

TSO quartet moving forward with €3.5 billion subsea cable link between four countries to bring green energy to Europe

Four transmission system operators (TSOs) have pooled resources to create a joint venture (JV) company that will bring a subsea cable link between Azerbaijan, Romania, Georgia, and Hungary to life for a price tag of €3.5 billion, sending renewable electricity from the South Caucasus region straight

about 2 years ago
EU commits to highly awaited industrial maritime strategy
Authorities & Government

EU commits to highly awaited industrial maritime strategy

The European Commission has revealed a long-awaited decision to create an industrial maritime strategy in order to enhance “the competitiveness, sustainability and resilience of Europe’s maritime manufacturing sector”.

about 2 years ago
Illustration; Source: IPTO
Authorities & Government

Great Sea Interconnector running out of time: Two EU countries taking another crack at negotiations

Greece and Cyprus are getting ready to hold talks, which are seen as a last shot to sort out the issues surrounding an interconnection project that will link the Cypriot-Greek electricity grids.

about 2 years ago
Ertuğrul Gazi is Türkiye-flagged floating storage regasification unit (FSRU) for liquified natural gas; Source: BOTAŞ
Authorities & Government

After ExxonMobil, Shell and TotalEnergies shake hands with BOTAŞ on 10-year LNG deals fueling Türkiye’s regional gas hub aspirations

Shell and TotalEnergies have sealed multi-year liquefied natural gas (LNG) deals with the Turkish Petroleum Pipeline Corporation (BOTAŞ).

about 2 years ago
Joe Biden
Authorities & Government

US unlocks nearly $300 million for modernization of ferry systems

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced grants totalling nearly $300 million from President Biden’s Bipartisan Infrastructure Law to expand and modernize the nation’s ferry systems.

about 2 years ago
A view of a rocky coastline in the foreground and an offshore platform in the background
Authorities & Government

Australian firm formally secures UK offshore license trio

Three new licenses awarded to ASX-listed Hartshead Resources as part of the UK’s oil and gas licensing round organized by the country’s regulator, the North Sea Transition Authority (NSTA), have been fully executed.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Authorities & Government

UK’s oil & gas industry on its way to surpassing methane and production emissions cuts years before deadline

The UK wants decarbonized oil and gas production to power its homes and businesses with low-carbon and zero-emission energy.

about 2 years ago
hydrogen fund
Authorities & Government

Japan’s brand-new hydrogen fund makes a smashing debut with $400M already in hand

The Japan Hydrogen Fund — the first Japanese fund dedicated to the development of low-carbon hydrogen — has been officially launched, with more than $400 million raised from multiple investors.

about 2 years ago
Two men in hard hats and jackets looking at an offshore platform in the distance
Authorities & Government

Australian state sets wheels in motion to amp up energy security by enabling offshore gas storage

Two ministers from the government of Australia’s state of Victoria, led by Premier Jacinta Marie Allan, have proposed a pair of bills aiming to reduce gas demand and boost supply security in the state.

about 2 years ago
Anchor FPU; Source: Chevron
Authorities & Government

Gulf of Mexico’s oil & gas platforms getting check-up post-tropical cyclone while offshore facilities in China ride out super typhoon

Following bad weather, the offshore oil and gas facilities in the Gulf of Mexico are set to undergo inspection to determine if they are in a fit condition to return online while CNOOC has confirmed that its offshore facilities overall weathered the storm.

about 2 years ago
bunker vessel
Authorities & Government

UAE bans bunker supplier over illegal bunkering

In response to serious breaches of maritime regulations, the UAE Federal Maritime Administration (FMA) has banned a Dubai-based bunker supplier from operating within its waters and ports after an investigation revealed the supplier had engaged in unlawful bunkering practices. As disclosed, OCEANEXL

about 2 years ago