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Regulation & Policy

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FPSO Johan Castberg; Source: Equinor
Regulation & Policy

Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad

about 2 months ago
Fugro set for maintenance survey of 40-year-old interconnector
Regulation & Policy

Fugro set for maintenance survey of 40-year-old interconnector

Fugro is set to deploy its geophysical vessel in a couple of days to carry out a maintenance survey of an interconnector between France and the UK that has been operating since 1986. The 2 GW IFA 2000 high voltage direct current (HVDC) electrical interconnector is approximately 70 kilometers long, w

about 2 months ago
Block 3B/4B; Source: Eco Atlantic
Regulation & Policy

Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome

While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin.

about 2 months ago
Two new DNV standards target improved floating solar safety and performance
Regulation & Policy

Two new DNV standards target improved floating solar safety and performance

DNV has published two new coordinated standards for floating solar photovoltaic (FPV) systems with the aim of improving their safety, reliability, and long-term performance. These two new standards, DNV‑ST‑C108 Structural design of floats for floating photovoltaic systems and DNV‑ST‑E309 Station kee

about 2 months ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Regulation & Policy

License extension out of the way, as Stamper advances multi-basin mission offshore Namibia

Canada-headquartered Stamper Oil & Gas Corp., a Namibia-focused oil and gas exploration company, has confirmed an extension of a Namibian offshore petroleum exploration license (PEL), as energy majors continue to move in across multiple basins in the African country to pursue hydrocarbon exploration

about 2 months ago
Work underway to replace aging submarine cable between Denmark and Sweden
Regulation & Policy

Work underway to replace aging submarine cable between Denmark and Sweden

Preparation work is underway in Danish waters to replace an outdated submarine cable that connects Denmark and Sweden, passing across Øresund. Swedish and Danish transmission system operators (TSOs) Kraftnät and Energinet own and operate four Øresund links that connect Zealand and southern Sweden vi

about 2 months ago
Licence 1/11 (Barryroe field); Source: Lansdowne
Regulation & Policy

Ireland hit with multimillion-dollar arbitration claim over oil & gas project

Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Ex

about 2 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Regulation & Policy

Norway gives its blessing for $1.8 billion subsea redevelopment project

ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, has made inroads in clearing regulatory requirements for its redevelopment project on the Norwegian Continental Shelf (NCS).

about 2 months ago
Andrew McKeran, Chief Growth Officer at Lloyd’s Register; Loy Wee Meng, Senior Product Manager of Wison New Energies FPSO Product Center; and Li Chaoyan, President of Americas at Wison New Energies; C
Regulation & Policy

Wison New Energies’ internal turret FPSO design wins endorsment from Lloyd’s Register

UK-based classification society Lloyd’s Register (LR) has given its blessing to China-based provider of clean energy services Wison New Energies (WNE) for a new harsh environment floating production, storage, and offloading (FPSO) design featuring an internal turret mooring system.

about 2 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Regulation & Policy

North Sea wildcat on COSL rig’s drilling agenda for June

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 2 months ago
COSL Innovator rig; Source: COSL
Regulation & Policy

Seal of approval for North Sea oil & gas exploration with COSL rig on drilling duty

Norwegian state-owned energy giant Equinor has received authorization from the country’s authorities to embark on exploration drilling activities with one of COSL Drilling Europe’s semi-submersible rigs in the North Sea off the coast of Norway.

about 2 months ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Regulation & Policy

US program selects 34 marine energy projects for technical support in record $4.8M round

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved a record 34 marine energy projects through its 17th Request for Technical Support (RFTS), reflecting a total of over $4.8 million. Backed by the U.S. Department of Energy (DOE) and managed by the Pacific Oc

about 2 months ago
Otway Basin assets; Source: Amplitude Energy
Regulation & Policy

Australian offshore production license paving the way for first gas in 2028

Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has obtained a production license, which entails an undeveloped gas discovery in the Otway Basin off the coast of Victoria, Australia.

about 2 months ago
Kommandor Susan
Regulation & Policy

Substitute engine parts cause of fire on board UK survey vessel, report says

The diesel generator engine failure that sparked an engine room fire and total power blackout on board the UK-flagged site investigation vessel Kommandor Susan in January 2025 was caused by substitute engine components installed during a 2019 overhaul, the investigation report issued by the UK gover

about 2 months ago
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