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Regulation & Policy

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NEDO adopts Mitsui and Toyo feasibility study for ammonia project in Chile
Regulation & Policy

NEDO adopts Mitsui and Toyo feasibility study for ammonia project in Chile

New Energy and Industrial Technology Development Organisation (NEDO) has adopted a feasibility study for a demonstration project of green ammonia production in Chile conducted by Mitsui & Co and Toyo Engineering Corporation as one of the ‘International Demonstration Projects on Japan’s Energy Effici

about 3 years ago
Penguins FPSO; Credit: Chris J Ratcliffe; Source: Greenpeace
Regulation & Policy

WATCH: Activists board Boskalis vessel carrying Shell’s North Sea-bound FPSO

Environmental activists have boarded Boskalis vessel, which is transporting a circular FPSO destined for Shell’s oil & gas project off the UK.

about 3 years ago
Central Morecambe platform; Source: Spirit Energy
Regulation & Policy

Turning depleted natural gas fields into ‘one of the biggest carbon storage and hydrogen production clusters’

Spirit Energy has confirmed its plan to transform two depleted gas fields in Morecambe Bay into a carbon storage cluster.

about 3 years ago
McDermott joins in on Greece-Africa interconnector project
Regulation & Policy

McDermott joins in on Greece-Africa interconnector project

McDermott and Eunice Energy Group have signed a memorandum of understanding (MoU) to cooperate on a 2 GW electrical interconnector between Greece and Egypt. Eunice Energy Group is leading the transnational consortium between Greece and Egypt for the Greece-Africa Power (GAP) Interconnector project,

about 3 years ago
Salus Technical
Regulation & Policy

New offshore safety guidance with potential to prevent major oil & gas accidents sees the light of day

Aberdeen-based Salus Technical has launched what it describes as “a potentially life-saving” guidance document.

about 3 years ago
Norsepower
Regulation & Policy

Norsepower gets financial boost from Finnish Climate Fund to scale up production

The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj

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

America’s crude oil & natural gas proven reserves on the rise after 2020 lows

Proven reserves of natural gas set a new record in the U.S. in 2021, while proven reserves of oil increased but not to pre-Covid level.

about 3 years ago
Illustration/Ingine’s wave energy demonstration plant in Jeju Island, South Korea (Courtesy of Ingine)
Regulation & Policy

Innovate UK funds wave energy scheme offshore Indonesia

Innovate UK has selected a consortium, led by Ingine Wave Energy Systems, to receive funding support for the development of wave energy project offshore Indonesia.

about 3 years ago
Philippines gives go-ahead for its first small-scale LNG terminal amid preparations for gas imports
Regulation & Policy

Philippines gives go-ahead for its first small-scale LNG terminal amid preparations for gas imports

The Philippines’ Department of Energy (DOE) has approved the country’s first small-scale liquefied natural gas (LNG) terminal as it prepares to launch the LNG industry this year. The LNG terminal is being developed by Samat LNG Corporation, a company that was established in 2020 to develop, own and

about 3 years ago
CMA CGM
Regulation & Policy

CMA CGM launches €200 mln call for decarbonization projects

French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billi

about 3 years ago
License renewal in place for Serica's North Sea gas field
Regulation & Policy

License renewal in place for Serica’s North Sea gas field

UK-based oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) for the Rhum field in the North Sea, in which the company has a 50 per cent interest. The license and assurance are set to allow certain U

about 3 years ago
Rig revamped into MOPU getting crowned
Regulation & Policy

Rig revamped into MOPU getting crowned

ONGC has set the wheels into motion to crown a jack-up rig, which was recently converted into a mobile offshore production unit (MOPU).

about 3 years ago
Germany and Australia to strengthen energy cooperation
Regulation & Policy

Germany and Australia to strengthen energy cooperation

Germany’s Federal Minister for Economic Affairs and Climate Protection and Vice-Chancellor Robert Habeck and the Australian Minister for Energy and Climate Protection Chris Bowen have agreed to intensify cooperation between the two countries in the area of ​​climate and energy. The focal points of t

about 3 years ago
BIO UV Group
Regulation & Policy

BIO-UV books 31 pct increase in BWTS sales

French ballast water treatment systems producer BIO-UV Group has reported a 31% increase in revenues from its maritime business segment, contributing to full-year consolidated revenues of €51.5m for the 2022 financial year. The Euronext Paris listed company confirmed the sale of more than 200 BIO-SE

about 3 years ago
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