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Regulation & Policy

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Hellenic Cables earns qualification for 525 kV HVDC XLPE cable systems
Regulation & Policy

Hellenic Cables earns qualification for 525 kV HVDC XLPE cable systems

Greek Hellenic Cables, the cables segment of Belgium-headquartered Cenergy Holdings, has achieved qualification of its 525 kV HVDC XLPE cable systems for both submarine and underground applications. The qualification covers cable systems designed for continuous operation at 80°C using XLPE insulatio

about 1 month ago
Illustration; Source: Saipem
Regulation & Policy

Saipem’s merger with Subsea7 clears crucial US antitrust hurdle

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Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 have made progress in advancing their proposed business combination with a U.S. antitrust milestone; however, the merger’s fate remains uncertain pending the review of potential offshore market

about 1 month ago
Akçakoca production platform; Source: Trillion Energy
Regulation & Policy

Trillion Energy becomes Dune Oil Corp.

Canadian oil & gas player Trillion Energy is changing its name to Dune Oil Corp. as part of its strategic pivot to oil development and exploration, representing a new direction for the company. The name change and the company’s new trading symbol on the Canadian Securities Exchange (CSE), DUNE, will

about 1 month ago
760-kilometer UK-Germany interconnector gets new owners, construction start expected in 2030
Regulation & Policy

760-kilometer UK-Germany interconnector gets new owners, construction start expected in 2030

Canada Pension Plan Investment Board (CPP Investments) and Elia Group, through its international development platform WindGrid, have acquired a subsea interconnector project that will link the UK and Germany from Copenhagen Infrastructure V, managed by Copenhagen Infrastructure Partners (CIP). Appro

about 1 month ago
Serica Energy wins race for Pharos Energy with €170 million takeover agreement
Regulation & Policy

Serica Energy wins race for Pharos Energy with €170 million takeover agreement

UK-based upstream oil & gas player Serica Energy has agreed to acquire compatriot Pharos Energy for £145.7 million (more than €170 million), with Pharos to withdraw its recommendation for an offer from Israeli Ratio Petroleum. The acquisition is said to be consistent with Serica Energy’s long-standi

about 1 month ago
UK CO2 storage project that will reuse existing infrastructure secures lease
Regulation & Policy

UK CO2 storage project that will reuse existing infrastructure secures lease

Liverpool Bay CCS Limited (LBCCS) has entered into a lease with The Crown Estate for its CO2 transportation and storage project offshore the UK, the country’s first carbon capture and storage (CCS) project to repurpose existing infrastructure. The Liverpool Bay CCS project will operate as the backbo

about 1 month ago
Browse to North-West Shelf project development concept; Source: Woodside
Regulation & Policy

Australia’s ‘largest untapped’ conventional gas resource gets significant project status

The Western Australian Government has granted State Significant Project status to a Woodside Energy-operated offshore development project, described as Australia’s largest untapped conventional gas resource. With a forecast production capacity of 11.4 MTPA and a peak condensate production rate of 50

about 1 month ago
Illustration; Source: Saipem
Regulation & Policy

Saipem-Subsea7 merger under the microscope as EU flags competition concerns

A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU) over offshore market concentration due to subsea umbilicals, risers, and flowlines (SURF) and carbon capture and s

about 1 month ago
Israel reveals plan to invest circa $2 million in marine energy solutions
Regulation & Policy

Israel reveals plan to invest circa $2 million in marine energy solutions

Israel’s government is planning to invest NIS 6 million (approximately $2 million) in advancing marine energy solutions, including wave energy generation, offshore energy systems, artificial intelligence-powered marine energy management, and related technologies. The joint initiative by Israel’s Min

about 2 months ago
6,900-kilometer gas pipeline takes step forward as West African States seal the deal
Regulation & Policy

6,900-kilometer gas pipeline takes step forward as West African States seal the deal

Member states of the Economic Community of West African States (ECOWAS) union have signed an intergovernmental agreement (IGA) for a pipeline that would span nearly 6,900 kilometers along the West African Atlantic coast, connecting Nigerian gas fields to Morocco. Jointly led by Nigerian National Pet

about 2 months ago
Bureau Veritas approves UK firm’s wind-assisted propulsion technology
Regulation & Policy

Bureau Veritas approves UK firm’s wind-assisted propulsion technology

UK-based wind-assisted propulsion provider Anemoi Marine Technologies has secured design assessment certificates from classification society Bureau Veritas covering several versions of its Rotor Sail technology. The approvals cover the fixed and rail-deployed 3.5m x 24.5m Rotor Sails, including EX-r

about 2 months ago
Map of blocks offshore Uruguay
Regulation & Policy

Latin American momentum grows: Chevron’s Uruguay extension buys time for seismic work as Sintana pursues permit offshore Argentina

Canada-headquartered oil and natural gas exploration player Sintana Energy has shed light on the latest activities in Latin America, confirming the advancement of its offshore plans in Argentina and an extension for the Chevron-operated block off the coast of Uruguay.

about 2 months ago
DNV awards world’s first certification for wave energy technology
Regulation & Policy

DNV awards world’s first certification for wave energy technology

Independent assurance and certification body DNV has awarded what is said to be the world’s first prototype certificate for a wave energy converter (WEC). CorPower Ocean’s C4 WEC has been certified under DNV-SE-0120, Certification of Wave Energy Converters and Arrays, following independent verificat

about 2 months ago
Novatek changes its management board composition
Regulation & Policy

101 European lawmakers urge Danish shipyard to cut its ties with Russia’s Arctic LNG fleet

A cross-party coalition from 16 countries across Europe has called on the last shipyard in the European Union (EU) still servicing the specialized ice-class Arc7 tankers that are perceived to be vital to transporting Russia’s Arctic liquefied natural gas (LNG) exports to end its maintenance of these

about 2 months ago