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Regulation & Policy

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Illustration; Source: North Sea Transition Authority (NSTA)
Regulation & Policy

North Sea oil & gas emissions cut by a third but further efforts required for UK’s net zero goals

As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization

about 1 year ago
German and Korean institutes expand cooperation in hydrogen safety
Regulation & Policy

German and Korean institutes expand cooperation in hydrogen safety

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German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) have signed a memorandum of understanding (MoU) to expand their cooperation in the field of hydrogen safety.

about 1 year ago
Illustration; Source: United Oil & Gas
Regulation & Policy

License award paving the way for work to unlock Jamaican asset’s hydrocarbon potential

Ireland-headquartered and AIM-listed United Oil & Gas has secured a license off the coast of Jamaica, which is set to lend a helping hand in unleashing the hydrocarbon potential of the firm’s offshore asset.

about 1 year ago
Illustration; Source: TotalEnergies
Regulation & Policy

TotalEnergies continues African oil & gas expansion with new offshore acreage in Nigeria

France’s energy giant TotalEnergies has boosted its oil and gas portfolio in African waters by securing two offshore exploration permits off the coast of Nigeria.

about 1 year ago
Yara
Regulation & Policy

Hydrogen associations team up to drive uptake of hydrogen value chains

Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions.

about 1 year ago
Transocean Encourage rig; Source: Transocean
Regulation & Policy

Equinor cleared to kick off drilling ops with Transocean’s rig next month

Norwegian state-owned energy giant Equinor has obtained a drilling permit for an exploration well in the Norwegian Sea, which will be drilled using a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago
An illustration of two plants on the coast
Regulation & Policy

South Texas LNG project cleared for completion in late 2029

The U.S. Federal Energy Regulatory Commission has reissued the final order authorizing the construction and operation of the liquefied natural gas (LNG) project Texas LNG, a subsidiary of Glenfarne Energy Transition, proposes to build in the Port of Brownsville, Texas.

about 1 year ago
Furetank making strides in transition to fossil fuel-free shipping
Regulation & Policy

Furetank making strides in transition to fossil fuel-free shipping

Furetank has launched a new company for trading emission reductions under the FuelEU Maritime regulation and signed an agreement securing all the biogas required to operate its wholly and partly owned gas-propelled vessels trading in the EU during 2025.

about 1 year ago
The Switch
Regulation & Policy

Four EU countries and Egypt make up top five US LNG importers

Within the global gas story, many chapters are being written, including a U.S. wave of upcoming liquefied natural gas (LNG) developments, where the export boom continues to fuel new projects, as the European regasification build-out continues.

about 1 year ago
HD Hyundai
Regulation & Policy

Shipbuilding market shakeup: South Korea’s HD Hyundai Heavy Industries and HD Hyundai Mipo to merge

South Korean shipbuilding companies HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have revealed plans to merge into a single entity.

about 1 year ago
Courtesy of VTTI
Regulation & Policy

Netherlands raises its energy security bar with permitting milestone for new LNG terminal

VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new

about 1 year ago
CSSC
Regulation & Policy

As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia

China and Saudi Arabia intend to strengthen their collaboration in the maritime sector, especially in shipbuilding, where China holds a leading position globally.

about 1 year ago
FPSO Raroa operating at the Maari field; Source: MODEC
Regulation & Policy

New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

about 1 year ago
Prysmian’s cable layers start installing two subsea interconnections in Spain
Regulation & Policy

Prysmian’s cable layers start installing two subsea interconnections in Spain

Two cable-laying vessels (CLVs) owned by Italian cabling giant Prysmian Group have begun work on two submarine power interconnections in Spain, as part of contracts together worth approximately €250 million, announced in 2022. Prysmian is in charge of the design, supply, installation and commissioni

about 1 year ago