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Regulation & Policy

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Deployment of monitoring tech for Project Greensand (Courtesy of TGS)
Regulation & Policy

Newly developed monitoring technology for CO2 storage in North Sea proves successful

The consortium partners behind the Project Greensand have developed a new monitoring technology that has successfully monitored that the stored CO2 in the North Sea subsoil is at the right location.

about 3 years ago
FPSO Liza Destiny operating off Guyana; Source: ExxonMobil
Regulation & Policy

ExxonMobil’s first development off Guyana found to be in breach of oil spill insurance obligations

A Guyanese court recently ruled that ExxonMobil is in breach of oil spill insurance obligations for its first oil project located off Guyana.

about 3 years ago
HJSC rolls out new LR-approved LNG bunkering vessel design
Regulation & Policy

HJSC rolls out new LR-approved LNG bunkering vessel design

South Korean shipbuilder HJ Shipbuilding & Construction (HJSC, formerly Hanjin Heavy Industries & Construction) has developed a new LNG bunkering vessel for which it also obtained approval in principle (AiP) from classification society Lloyd’s Register (LR). The new 7,500 cbm LNG bunkering vessel fo

about 3 years ago
Stena Pro Marine;
Regulation & Policy

Methanol momentum: 25 ships in operation, 81 more on the way

There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in

about 3 years ago
CMA CGM
Regulation & Policy

Average sailing speed could drop by 10 pct by 2025, BIMCO says

Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down

about 3 years ago
The signing of the MoU (Courtesy of AW-Energy)
Regulation & Policy

WaveRoller set to harness wave energy offshore Namibia

AW-Energy, a Finnish near-shore wave energy technology developer, has signed a memorandum of understanding with Kaoko Green Energy Solutions for the deployment of WaveRoller wave energy farms offshore Namibia.

about 3 years ago
Maersk
Regulation & Policy

Maersk welcomes FuelEU Maritime deal as a launchpad for global fuel standard

Danish container shipping heavyweight Maersk has hailed the agreement reached on the new FuelEU Maritime regulation, a first-of-its-kind legislation designed to speed up the adoption of green fuels and promote decarbonisation in the shipping industry by the end of the decade. FuelEU Maritime takes a

about 3 years ago
Illustration; Source: Conrad Asia Energy
Regulation & Policy

Conrad divesting partial stake in Indonesian field as gas sales agreement enters ‘crucial final stage’

Conrad has set the wheels into motion to farm down a portion of its interest in the Duyung PSC, containing a gas field off Indonesia.

about 3 years ago
Illustration; Source: TotalEnergies
Regulation & Policy

TotalEnergies cheers ‘important milestone’ towards sanctioning oil project off Angola

TotalEnergies has tucked a new milestone under its belt with the signing of a heads of agreement regarding the development project off Angola.

about 3 years ago
Statfjord B platform; Credit: Harald Pettersen/Equinor
Regulation & Policy

Probe into incident on North Sea platform underway after worker suffers ‘facial injuries’

Norwegian regulator has launched an investigation into an incident, which led to an injury, on an Equinor-operated platform in the North Sea.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Regulation & Policy

UK politicians see collaboration with oil & gas sector as key to reaching net-zero

OEUK’s survey shows that the majority of MPs believe the UK can achieve its net-zero goals by collaborating with the oil and gas industry.

about 3 years ago
Illustration/Eco Wave Power's wave energy plant in Gibraltar (Courtesy of Eco Wave Power)
Regulation & Policy

California’s wave and tidal legislation moves forward

The California Senate Bill 605 for wave and tidal energy, introduced by senator Steve Padilla of Chula Vista, has passed two US government committees and has now moved to the Senate Appropriations Committee for further consideration.

about 3 years ago
Illustration; Source: EIA
Regulation & Policy

U.S. natural gas withdrawals reach lowest level in seven years

The U.S. Energy Information Administration (EIA) says less natural gas was withdrawn from storage this winter than in the last seven.

about 3 years ago
Illustration; Credit: Morten Berentsen/NPD
Regulation & Policy

Norway sees ‘considerable potential’ for further oil & gas exploration in Barents Sea

The Norwegian government believes that the Barents Sea contains more undiscovered hydrocarbons, thus, more exploration is encouraged.

about 3 years ago
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