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Regulation & Policy

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Authorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyProject & TendersRules & RegulationTransitionVisionExploration & ProductionInfrastructureCertification & ClassificationVesselsGreen MarineInnovationTechnology
NSTA plans to introduce 'user pays' carbon storage levy once market is self-sustainable
Regulation & Policy

‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future, once the carbon capture and storage (CCS) industry begins operating on a more self-sustaining basis. The NSTA ran a call for evidence between December 4, 2023, and

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

Biden administration hit with one more lawsuit over LNG permitting freeze

A new lawsuit has been filed to challenge the LNG permitting ban to non-FTA countries in the United States.

about 2 years ago
US state fund looking to invest in Greece-Cyprus-Israel interconnector
Regulation & Policy

US state fund looking to invest in Greece-Cyprus-Israel interconnector

A U.S. state fund has expressed its interest in investing in an interconnection project that will link the electricity grids of Greece, Cyprus and Israel. The U.S. International Development Finance Corporation (DFC) has submitted a letter of intent (LoI) to Greece’s transmission system operator (TSO

about 2 years ago
Seaspan
Regulation & Policy

Seaspan Corporation gets LR AiP for next-gen feeder vessel design

UK classification society Lloyd’s Register (LR) has awarded approval in principle (AiP) to Hong Kong-based containership lessor Seaspan Corporation for its next-generation feeder ship design.

about 2 years ago
Golden Pass LNG (GPX) export terminal; Source: Golden Pass LNG
Regulation & Policy

‘Lead contractor’ files for bankruptcy protection to tackle financial woes arising from $10 billion US LNG project

Zachry Holdings (ZHI) has initiated Chapter 11 process to address the financial challenges stemming from the Golden Pass LNG project.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Regulation & Policy

Rig termination rigmarole: Dolphin Drilling seeks to discharge interim injunction in Nigeria and oppose court proceedings

Dolphin Drilling is preparing to set the wheels in motion to get rid of an interim injunction, which GHL secured for the firm’s semi-submersible rig.

about 2 years ago
Blackford Dolphin rig; Source: Dolphin Drilling
Regulation & Policy

Rig staying in Nigeria as court upholds interim order until arbitrator decides otherwise

A court hearing ended up keeping the previous interim injunction order in place, effectively stopping a rig from leaving Nigeria.

about 2 years ago
European Council authorizes gas and hydrogen market package
Regulation & Policy

European Council authorizes gas and hydrogen market package

The European Council has adopted a regulation and a directive establishing common internal market rules for renewable and natural gases and hydrogen.

about 2 years ago
Urgent political alignment needed for UK to achieve 'just and fair' energy transition by 2030, report finds
Regulation & Policy

Urgent political alignment needed for UK to achieve ‘just and fair’ energy transition by 2030

The UK will fail to achieve a “just and fair” energy transition by 2030 unless there is urgent alignment across the political spectrum to sustain offshore energy industry jobs, supply chain investments and the economic contribution of the workforce, a new report by Robert Gordon University (RGU) sta

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

TotalEnergies’ launch of deepwater project opens ‘new oil frontiers’ offshore Angola

TotalEnergies has made a final investment decision (FID) for a deepwater oil project in Block 20 located in the Kwanza basin offshore Angola.

about 2 years ago
strategy
Regulation & Policy

Shipbuilding sector, trade unions demand EU maritime industrial strategy

The Shipyards’ & Maritime Equipment Association of Europe (SEA Europe) and the federation of trade unions industriAll Europe – the social partners for shipbuilding and ship repair – have called on the next European Commission to issue ‘a robust EU maritime industrial strategy’.

about 2 years ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Regulation & Policy

UK oil & gas firm gets the go-ahead to bring field online as tie-back to North Sea FPSO

Serica Energy has received a stamp of approval to develop its operated field in the North Sea, which will be tied back to an existing FPSO.

about 2 years ago
Gulfstream LNG
Regulation & Policy

Green light for LNG project on US Gulf Coast to embark on pre-filing process

The U.S. Federal Energy Regulatory Commission (FERC) has given its blessing to Gulfstream LNG Development (Gulfstream LNG).

about 2 years ago
Jan De Nul orders twin to XL cable-layer Fleeming Jenkin
Regulation & Policy

Jan De Nul orders twin to XL cable-layer Fleeming Jenkin

Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 me

about 2 years ago
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