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Regulation & Policy

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German Federal Government concludes Uniper agreement
Regulation & Policy

German Federal Government concludes Uniper agreement

Today, the German Federal Government and energy company Uniper have concluded a framework agreement to concretize the measures to stabilise Uniper agreed between the Federal Government, Uniper, and Fortum on 21 September 2022. Under the agreement, German’s Federal Ministry of Finance will be respons

about 3 years ago
Ofgem withdraws cap and floor regime for 1.4 GW interconnector
Regulation & Policy

Ofgem withdraws cap and floor regime for 1.4 GW interconnector

UK energy market regulator Ofgem has withdrawn the cap and floor regime awarded in principle for a 1.4 GW interconnector due to the project having encountered “significant delays”.

about 3 years ago
QatarEnergy, TotalEnergies and Petronas win offshore exploration block in Brazil
Regulation & Policy

QatarEnergy, TotalEnergies and Petronas win offshore exploration block in Brazil

QatarEnergy, TotalEnergies, and Petronas have been awarded an offshore exploration block in Brazil.

about 3 years ago
Canadian oil & gas player facing charges over FPSO incident
Regulation & Policy

Canadian oil & gas player facing charges over FPSO incident

Regulator has laid charges against Suncor Energy related to an incident from 2019 on an FPSO off Canada, in which a worker was injured.

about 3 years ago
Offshore Energy
Regulation & Policy

EU poised to start taxing shipping emissions in 2024

In the final round of talks over the weekend, the EU Council and the European Parliament hammered out a provisional political agreement on legislative proposals of the ‘Fit for 55’ package that aim to further reduce emissions and address their social impacts. The ‘Fit for 55’ package is aimed at ena

about 3 years ago
Three North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security
Regulation & Policy

North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security

UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.

about 3 years ago
Illustration/D10 tidal turbine developed by French company Sabella (Courtesy of Sabella/Balao)
Regulation & Policy

Europe launches €40 million call for demonstration of tidal energy farms

The European Union has launched a funding call under its Horizon Europe program, looking for tidal energy farm demonstration projects, as it aims to improve market confidence and sustainability of tidal energy technology.

about 3 years ago
INTOG leasing illustration (Courtesy of Crown Estate Scotland)
Regulation & Policy

In focus: Oil and gas electrification gains ground as offshore energies forge closer ties

Offshore energy industries, which up until recently had little in common, are becoming increasingly intertwined as governments and private sectors step up their game for a more integrated and sustainable energy mix of the future.

about 3 years ago
Plans unveiled for $20.4 billion investments in ten oil & gas projects
Regulation & Policy

Plans unveiled for investments of $20.4 billion in ten oil & gas projects

Aker BP has submitted a PIO and ten PDOs for oil and gas projects to the Norwegian Ministry of Petroleum and Energy.

about 3 years ago
IMO Secretary General
Regulation & Policy

IMO fails to adopt more ambitious 2050 target

The IMO failed to adopt a concrete shipping decarbonisation target for shipping this week following the Marine Environment Protection Committee (MEPC 79) meeting that ended earlier today. The support from the member countries for eliminating the industry’s emissions by 2050 and for setting interim t

about 3 years ago
Canadian LNG project gets 40-year export license
Regulation & Policy

Canadian LNG project gets 40-year export license

Canada Energy Regulator (CER) has granted a 40-year export license to Ksi Lisims liquefied natural gas (LNG), a project proposed by the Nisga’a Nation, Rockies LNG and Western LNG. Ksi Lisims LNG (meaning ‘from the Nass River’ in the Nisga’a language) is a proposed 12-million-tonne-per-year natural

about 3 years ago
Vår Energi to address nonconformity for its FPSO modification project
Regulation & Policy

Vår Energi to address nonconformity for its FPSO modification project

Norwegian regulator has carried out an audit of Vår Energi and its management of barriers and maintenance on an FPSO modification project.

about 3 years ago
Equinor all set to drill North Sea wildcat
Regulation & Policy

Equinor all set to drill North Sea wildcat

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
ABS
Regulation & Policy

ABS rolls out requirements for onboard carbon capture

American Bureau of Shipping has released a set of requirements to guide the industry in the application of carbon capture technology at sea. The rules have been developed working with shipyards, ship owners, and operators, and they focus on wet scrubbing post-combustion technologies. “Carbon capture

about 3 years ago
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