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Regulation & Policy

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Equinor, Aker BP and Vår Energi among applicants for Norwegian CO2 storage licenses
Regulation & Policy

Equinor, Aker BP and Vår Energi among applicants for Norwegian CO2 storage licenses

Eight companies have submitted their applications to the Norwegian Ministry of Energy for CO2 storage licenses for two areas on the Norwegian Continental Shelf (NCS). Aker BP, Equinor Low Carbon Solution, Lime Petroleum, Northern Lights JV, OMV (Norge), PGNiG Upstream Norway, Vår Energi and Wintersh

about 2 years ago
Actis-Fortescue consortium to work on large green hydrogen project in Oman
Regulation & Policy
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Actis-Fortescue consortium to work on large green hydrogen project in Oman

A consortium between Actis and Fortescue has been awarded the rights to develop, build, own and operate a large green hydrogen project in Oman.

about 2 years ago
CO2 storage licenses in English Channel up for grabs
Regulation & Policy

CO2 storage licenses in English Channel up for grabs

UK regulator North Sea Transition Authority (NSTA) has launched a competitive process inviting applications for CO2 appraisal and storage licenses in an area of the English Channel. The licenses, for which the competitive process was opened on April 30, grant exclusive rights for the exploration and

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Regulation & Policy

UK’s political and fiscal regime hampers Deltic’s ability to fund its share of appraisal costs for North Sea discovery

Deltic Energy is still on the lookout for a farm-out partner to ensure that its share of costs will be secured for the appraisal of a gas discovery in the North Sea.

about 2 years ago
Works at full speed at New York's 1.25 GW subsea HVDC link
Regulation & Policy

Works at full speed at New York’s 1.25 GW subsea HVDC link

DeepOcean has completed its first campaign under a contract with NKT for the provision of subsea construction support for a subsea HVDC cable that will link the Canadian border and New York. DeepOcean reported that its U.S. operation had wrapped up the first campaign for the Champlain Hudson Power E

about 2 years ago
Abdülhamid Han drillship; Source: TPAO
Regulation & Policy

Türkiye holds LNG supply talks with ExxonMobil while setting the stage to search for oil in Black Sea

Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Regulation & Policy

Equinor gets ready to spud North Sea pair in June

Equinor has secured a drilling permit from the country’s authorities for two exploration wells in the North Sea off the coast of Norway.

about 2 years ago
Lloyd’s Register approves H2SITE’s on-board ammonia cracking technology
Regulation & Policy

Lloyd’s Register approves H2SITE’s on-board ammonia cracking technology

H2SITE has received approval in principle (AiP) from Lloyd’s Register (LR) for its AMMONIA to H2POWER technology for on-board ammonia cracking.

about 2 years ago
European Commission and Saudi Arabia eyeing energy cooperation
Regulation & Policy

European Commission and Saudi Arabia eyeing energy cooperation

European Commission and Saudi Arabia have held talks in view of a Saudi-EU memorandum of understanding (MoU) on energy cooperation.

about 2 years ago
Illustration; Source: Bureau of Safety and Environmental Enforcement (BSEE)
Regulation & Policy

Activists go toe to toe with Big Oil in court to challenge Trump-era Gulf of Mexico drilling allowance

Earthjustice, a nonprofit environmental law organization, is preparing once again to fight tooth and nail to overthrow a Trump-era allowance in court.

about 2 years ago
Höegh Autoliners
Regulation & Policy

Höegh Autoliners doubles biofuel use in 2023

Norway-based shipping company Höegh Autoliners has doubled its biofuel usage from 2022 to 2023 in response to growing demand for green transportation.

about 2 years ago
Rendering of proposed SPOT fixed-platform; Source: Enterprise Partners
Regulation & Policy

‘Largest’ oil export project in US waters greenlighted: Smooth sailing or more legal action on the horizon?

A deepwater port license has been issued for a project that is said to be the largest oil export project in U.S. history.

about 2 years ago
Fluxys to take charge of hydrogen network in Belgium
Regulation & Policy

Fluxys to take charge of hydrogen network in Belgium

Federal Energy Minister Tinne Van der Straeten has appointed Fluxys as operator for the development and management of a hydrogen transmission grid in Belgium.

about 2 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Regulation & Policy

Equinor all set to kick off drilling ops with Transocean rig

Equinor has received consent to embark on offshore drilling activities with one of Transocean’s rigs in the Barents Sea.

about 2 years ago