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Regulation & Policy

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FPSO Western Isles; Source: Jersey Oil & Gas
Regulation & Policy

First oil from North Sea project gets bumped to late 2027 with hopes placed on UK elections to bring fiscal clarity

Jersey Oil & Gas has disclosed the change in the timeline for the first oil from the HitecVision-backed NEO Energy’s redevelopment project.

about 2 years ago
ACWA Power and Tunisian government partner up for green hydrogen project
Regulation & Policy

ACWA Power and Tunisian government partner up for green hydrogen project

ACWA Power has signed a memorandum of understanding (MoU) with the Tunisian government to explore the potential for a project that would produce up to 600,000 tonnes per year of green hydrogen in three phases, for export to Europe.

about 2 years ago
Illustration; Source: Eco Atlantic
Regulation & Policy

Oil & gas firm picks up block in ‘prolific’ Orange Basin and drops another one in South Africa

Eco (Atlantic) has set the wheels into motion to take over a majority stake and operator role at an offshore block in the Orange Basin, which is said to be on trend with recent giant oil discoveries offshore Namibia.

about 2 years ago
DS Carolina drillship; Source: Ventura Offshore
Regulation & Policy

25-year-old Brazilian offshore drilling player starts its new growth chapter

Brazil’s Ventura Offshore Holding is celebrating its first day of trading on the Euronext Growth stock exchange market in Oslo, Norway.

about 2 years ago
The UK Marine Energy Council (MEC)'s five key asks
Regulation & Policy

UK Marine Energy Council sets five key asks for upcoming UK government

The UK Marine Energy Council (MEC) has outlined five key asks for the upcoming Government to realize the potential of wave and tidal energy, and embed UK content into projects deployed domestically and internationally.

about 2 years ago
Tianjin backs Vopak’s infrastructure repurposing for new energies
Regulation & Policy

Tianjin backs Vopak’s infrastructure repurposing for new energies

Vopak has signed a strategic cooperation agreement with the Vice Mayor of Tianjin delegation to support the repurposing of Vopak Tianjin’s infrastructure for new energies.

about 2 years ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Regulation & Policy

No clearance for Shelf Drilling’s rig to work in Norwegian waters hinders start-up of drilling gig

Shelf Drilling has disclosed plans to keep discussing options with the Norwegian offshore safety regulator to obtain an AoC for one of its jack-up rigs.

about 2 years ago
Vopak and AltaGas reach FID for large-scale LPG and bulk liquids terminal in Canada
Regulation & Policy

Vopak and AltaGas reach FID for large-scale LPG and bulk liquids terminal in Canada

Royal Vopak and AltaGas reached a positive FID on the large-scale LPG and bulk liquids export terminal on Ridley Island, B.C., Canada.

about 2 years ago
Illustration; Source: BP
Regulation & Policy

Green light for BP and Trinidad and Tobago’s firm for cross-border offshore gas field

BP and NGC have secured a two-year license for a gas field, which straddles the maritime boundary between Venezuela and Trinidad & Tobago.

about 2 years ago
Agreement signing ceremony; Source: PVN
Regulation & Policy

Vietnam’s gas-to-power project moves forward with planned investment nearing $12 billion

Following an FID, PVN has penned multiple agreements with its partners to proceed with an integrated development project offshore Vietnam.

about 2 years ago
T&E: Two-thirds of European green shipping fuel projects may never come online as supplies fear lack of demand
Regulation & Policy

T&E: Two-thirds of European green shipping fuel projects may never come online as supplies fear lack of demand

Nearly 4% of European shipping could run on green e-fuels by 2030 but just a third of these projects are guaranteed, T&E warns in a new study.

about 2 years ago
European Commission launches new mechanism to boost hydrogen market
Regulation & Policy

European Commission launches new mechanism to boost hydrogen market

To support the development of the European hydrogen market, the European Commission has started work on a pilot mechanism that aims to accelerate investments by providing a “clearer” picture of the market situation of both off-takers and suppliers and facilitating contacts between them.

about 2 years ago
N05-A platform; Source: One-Dyas
Regulation & Policy

No more legal woes: Offshore wind-powered North Sea project goes full steam ahead toward first gas by year-end

ONE-Dyas is moving at full throttle to bring its gas platform, which will run on offshore wind power in the North Sea, online by the end of 2024.

about 2 years ago
ammonia
Regulation & Policy

New ammonia-fueled 3,500 TEU ship design wins AiP

Classification societies ABS and Lloyd’s Register (LR) have awarded Approval in Principle (AiP) to a new ammonia-fueled 3,500 TEU container feeder vessel design.

about 2 years ago
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