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Regulation & Policy

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Authorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsRules & RegulationVesselsExploration & ProductionHuman CapitalEnvironmentOutlook & StrategyTransitionInfrastructureResearch & DevelopmentMarket OutlooksSafetyProject & Tenders
Hermitage Offshore
Regulation & Policy

Hermitage Offshore files for Chapter 11 following slump in oil price

Hermitage Offshore and 28 subsidiaries have filed for voluntary Chapter 11 petitions amid global oil slump and coronavirus pandemic.

about 6 years ago
Wellesley ready to drill Norwegian Sea wildcat
Regulation & Policy

Wellesley ready to drill Norwegian Sea wildcat

The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the Norwegian Sea.

about 6 years ago
seafarers
Regulation & Policy

MUA: Australian seafarers win legal victory over MV Portland replacement

The Federal Court of Australia has handed a major legal victory to ten Australian seafarers who undertook a two-month sit-in to prevent their vessel, the MV Portland, from being replaced by foreign flag-of-convenience ships crewed by exploited workers.

about 6 years ago
Illustration; Source: OGA
Regulation & Policy

OGA: Offshore energy industry can aid UK in reaching net-zero

The integration of offshore energy systems, including oil and gas, renewables, hydrogen, and carbon capture and storage, could deliver around 30 per cent of the UK’s total carbon reduction requirements needed to meet the 2050 net-zero target, the OGA said.

about 6 years ago
Donald Trump boarding Air Force One; Source: Trump's campaign website
Regulation & Policy

Trump inks law to fund infrastructure maintenance with offshore oil and gas royalties

U.S. President Donald Trump has signed into law a bipartisan bill which would use royalties from offshore oil and gas drilling operations to fund maintenance of public lands, national parks and Native American schools.

about 6 years ago
Illustration; Source: Equinor Heriot-Watt
Regulation & Policy

Offshore rigs could be ‘stepping stones’ for non-native species

Scientists from around the UK, led by the Heriot-Watt’s International Centre for Island Technology, are investigating marine life connected to the rigs, pipelines and other infrastructure in the North Sea.

about 6 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer) Somalia
Regulation & Policy

Somalia to announce winners of first licensing round in early 2021

Somalia will reportedly announce the winners of its first oil and gas licensing round in early 2021 and use its proceeds to rebuild the country’s economy.

about 6 years ago
Leiv Eiriksson; Source: Lundin NPD Spirit Energy
Regulation & Policy

Spirit Energy bites dust near Ivar Aasen field

Oil and gas company Spirit Energy has hit a duster near the Ivar Aasen field in the central part of the North Sea.

about 6 years ago
shipping
Regulation & Policy

Study: Shipping’s emissions could increase by 50% until 2050 if left unchecked

Greenhouse gas (GHG) emissions from ships are projected to increase by up to 50% until 2050, relative to 2018, despite further efficiency gains, as transport demand is expected to continue to grow, the Fourth IMO Greenhouse Gas Study shows. The study has been prepared for the International Maritime

about 6 years ago
Britannia platform in the UK North Sea
Regulation & Policy

Green energy transition: vital role of the oil & gas industry in achieving net-zero by 2050

A green energy transition will require the industry to make real progress in reducing its carbon footprint.

about 6 years ago
OOS Tiradentes; Source: CIMC Raffles Petrobras
Regulation & Policy

OOS Tiradentes first accommodation vessel to resume work for Petrobras

Semi-submersible accommodation vessel OOS Tiradentes has become the first offshore rig to resume operations in Brazil following Petrobras’ shutdown of facilities due to the COVID-19 pandemic.

about 6 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer) UOG Tullow
Regulation & Policy

UOG scoops Tullow’s stake in Jamaican offshore licence

Oil and gas company United Oil & Gas (UOG) has been assigned Tullow Oil’s stake in the Walton Morant licence off Jamaica, which the company now fully owns.

about 6 years ago
Leiv Eiriksson; Source: Lundin ConocoPhillips NPD
Regulation & Policy

ConocoPhillips gets drilling permit for Norwegian Sea well

The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a well located in the Norwegian Sea.

about 6 years ago
Maersk Intrepid rig
Regulation & Policy

Green light for Equinor to use Maersk rig on Martin Linge field

Norwegian oil major Equinor has received safety consent from the country’s offshore safety watchdog to use the Maersk Intrepid jack-up rig on the Martin Linge field offshore Norway.

about 6 years ago
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