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Regulation & Policy

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The GTA hub, including a floating LNG vessel; Source: BP
Regulation & Policy

BP’s biggest project continues with gas production business as usual after leak

BP has participated in a helicopter flight with a team of Mauritanian and Senegalese technicians to confirm there is no residue on the surface of the sea, in the wake of a gas leak at its giant gas development off the coasts of Mauritania and Senegal.

about 1 year ago
FPSO Western Isles; Source: Jersey Oil & Gas
Regulation & Policy

UK’s fiscal and regulatory hurdles pull the plug on FPSO buy as North Sea oil project awaits policy reset

A deal for an FPSO, picked for an oil redevelopment project in the North Sea, has been taken off the table as New European Offshore (NEO Energy) and its partners, Serica Energy and Jersey Oil & Gas (JOG), continue to wait clarity on the fiscal and regulatory woes arising from the UK’s current oil an

about 1 year ago
Denmark: TotalEnergies, Mitsui and CarbonCuts in the run for CO2 storage in coastal areas
Regulation & Policy

Denmark: TotalEnergies, Mitsui and CarbonCuts in the run for coastal CO2 storage permits

The Danish Energy Agency has received two applications in the tender for permits to explore and use the subsurface for CO2 storage in three coastal areas in Denmark, launched at the beginning of 2025. The tender, opened on January 9, covers three areas near the Danish coast – Jammerbugt, Lisa and In

about 1 year ago
Golden Pass LNG
Regulation & Policy

US bestows export permit extension on Golden Pass LNG terminal as start-up edges closer

The U.S. Department of Energy (DOE) has handed out its third liquefied natural gas (LNG) approval since President Donal J. Trump returned to the White House, enabling more time to start LNG exports from the Golden Pass LNG terminal (GPX) export project in Sabine Pass, Texas.

about 1 year ago
Singapore raises limits for licensed bunker ships to carry biofuel blends up to B30
Regulation & Policy

Singapore raises limits for licensed bunker ships to carry biofuel blends up to B30

Singapore-registered conventional bunker ships will be allowed to carry and deliver biofuel blends up to B30 without separate approval, the Maritime and Port Authority of Singapore (MPA) revealed.

about 1 year ago
Ursula von der Leyen, President of the European Commission; Image credit: World Economic Forum
Regulation & Policy

EU invites input for workforce transition from oil & gas to renewables

The European Commission is pushing for a workforce shift as part of its Clean Industrial Deal, encouraging offshore oil and gas workers to transition into renewables, mainly offshore wind and ocean energy. Commission President, Ursula von der Leyen said: “Here we need your input. For example, on how

about 1 year ago
Eighth call for CO2 storage offshore Norway opens for applications
Regulation & Policy

Eighth call for CO2 storage offshore Norway opens for applications

The Norwegian Ministry of Energy is inviting interested parties to apply for CO2 storage exploration licenses related to one area on the Norwegian Continental Shelf (NCS), representing the eighth time such acreage is announced on NCS. The announcement was made on March 5 for the area that comprises

about 1 year ago
OFAC orders wind down of oil activities in Venezuela; Source: Chevron
Regulation & Policy

US order sets date for Chevron to grind oil exports from Venezuela to a halt

Chevron has been given a 30-day deadline to bring a wind-down of its crude oil production and exports in Venezuela to an end, as its previous license has been revoked by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).

about 1 year ago
“Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding
Regulation & Policy

“Bring it back to America”: Trump unveils plan to rejuvenate US shipbuilding

Speaking to the US Congress, President Donald Trump proposed a ‘sweeping’ plan to revive US shipbuilding, pledging renewed efforts to strengthen both military and commercial vessel production. Framing the initiative as both an economic imperative and a national security priority, against the backdro

about 1 year ago
Rendered image of WEC clusters co-located with floating offshore wind. Credit: Blackfish Engineering
Regulation & Policy

Scotland introduces wave energy cluster concept to cut costs and boost efficiency

Wave Energy Scotland (WES) has unveiled a concept design for a multi-megawatt cluster of wave energy converters (WECs), aiming to improve efficiency and lower costs in offshore renewable energy. The design explores clustering multiple wave energy devices into a single moored and electrically connect

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Regulation & Policy

Norway sheds more light on recent gas/condensate discovery

After a new hydrocarbon discovery at a prospect off the coast of Norway, which was drilled with a semi-submersible rig owned by Odfjell Drilling, the Norwegian Offshore Directorate (NOD) has disclosed more information about the latest gas/condensate find in the Norwegian Sea.

about 1 year ago
An offshore platform
Regulation & Policy

Egypt puts more offshore acreage on offer in new oil & gas round

Egypt’s Ministry of Petroleum and Mineral Resources has launched a new licensing round encompassing offshore and onshore blocks to attract investments in the country’s oil and gas production and exploration.

about 1 year ago
Rio Grande LNG terminal; Courtesy of NextDecade
Regulation & Policy

US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG

Given the worldwide spike in total demand for natural gas, Houston-headquartered NextDecade is contemplating further capacity expansion of its liquefied natural gas (LNG) export terminal at the Port of Brownsville, Texas.

11 minutes read
Lloyd’s Register approves Corvus Energy’s marine battery system
Regulation & Policy

Lloyd’s Register approves Corvus Energy’s marine battery system

Corvus Energy has received type approval from Lloyd’s Register (LR) for its Dolphin NxtGen Energy marine battery system.

about 1 year ago
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