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Regulation & Policy

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Valaris DS-9 drillship; Source: ExxonMobil
Regulation & Policy

ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

about 1 year ago
DNV
Regulation & Policy

DNV, HMD, KSOE unite to drive digital innovation in maritime

Norway-based classification society DNV has signed a memorandum of understanding (MoU) with South Korea’s HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering (KSOE) on new standards for using digital twins to test electric propulsion systems.

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

Nearly $9 billion win for ConocoPhillips as Venezuela loses arbitration case over three oil projects

As the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID) has upheld the previous decision, rejecting Venezuela’s appeal, the country is required to dish out $8.7 billion to ConocoPhillips.

about 1 year ago
Mabanaft to rebuild tank terminal in Hamburg to facilitate methanol import and storage
Regulation & Policy

Mabanaft to rebuild tank terminal in Hamburg to facilitate methanol import and storage

Germany’s energy company Mabanaft plans to rebuild its tank terminal in the Port of Hamburg to enable the storage of methanol and facilitate its import to Northern Germany.

about 1 year ago
Dutch DEMCON unmanned systems has become the first USV developer and manufacturer in the Netherlands to achieve DNV Type Approval certification for its DUS V5750 unmanned surface vessel (USV).
Regulation & Policy

DEMCON’s USV ‘first in the Netherlands’ to receive DNV type approval

DEMCON Unmanned Systems has become the first unmanned surface vessel (USV) developer and manufacturer in the Netherlands to obtain the DNV Type Approval certification for its DUS V5750 USV. According to DEMCON Unmanned Systems, the DUS V5750 USV received certification under the DNV Standard Craft (

about 1 year ago
Transocean Norge; Source: Transocean
Regulation & Policy

All-systems-go for Transocean rig to spin the drill bit in North Sea

OMV has received a drilling permit from the country’s authorities for a wildcat well in the North Sea off the coast of Norway, enabling it to undertake drilling activities next month with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago
Greece's €1B interconnection passes muster for full electrification
Regulation & Policy

Greece’s €1B interconnection passes muster for full electrification

Ariadne Interconnection, a subsidiary of Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), has completed the site acceptance test (SAT) for the cable system for what it says is the largest electricity transmission project in Greece. IPTO reported today

about 1 year ago
Sumitomo and Van Oord booked for second Shetland HVDC cable link
Regulation & Policy

Sumitomo and Van Oord booked for second Shetland HVDC cable link

SSEN Transmission has entered into a capacity reservation agreement (CRA) with a consortium of Sumitomo Electric Industries and Van Oord for the supply and installation of a second 525 kV HVDC cable link between Shetland and the Scottish mainland, known as the Shetland 2 HVDC Link. The cable for the

about 1 year ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Regulation & Policy

Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect

Will Trump’s upcoming oil and gas era be a setback, holding back U.S. renewables’ progress, or a shot in the arm galvanizing greener zest?

25 minutes read
Additional two years for OWF construction will cut risk and cost, Vattenfall's Ireen Geerbex says
Regulation & Policy

Extending construction window for OWFs will cut cost and risk, Vattenfall’s Ireen Geerbex says

Innovation in wind energy has been one of the main pillars driving the upscale of the sector, enabling better components, larger and stronger turbines, faster and more cost-effective logistics, but what about its integration into tenders? Innovative approaches in tender designs can have a major impa

about 1 year ago
UK
Regulation & Policy

UK supports maritime decarbonization with new $37M funding

On January 16, 2025, the UK launched the latest round of the Clean Maritime Demonstration Competition (CMDC6).

about 1 year ago
Rotterdam and Antwerp-Bruges ports call on EU to invest in industry competitiveness
Regulation & Policy

Rotterdam and Antwerp-Bruges ports call on EU to invest in industry competitiveness

Port of Rotterdam and Port of Antwerp-Bruges are calling on the European Commission (EC) to make large-scale investments in the competitiveness of industry in Europe.

about 1 year ago
MERC
Regulation & Policy

MERC: Fleet efficiency is ‘essential’ to maritime decarbonization

An array of measures focused on efficiency needs to be applied to the existing global fleet in order for the maritime industry to minimize the amount of alternative fuels required and, thereby, cut the overall cost of the energy transition, a new paper from the Athens-based non-profit organization M

about 1 year ago
Rendering of an LNG plant
Regulation & Policy

LNG given prime spot in Trump’s new directive to unleash Alaska’s resource potential

The newly-elected U.S. President Donald Trump has issued an executive order instructing the federal government to maximize the development and production of natural resources in Alaska, including the development of a liquefied natural gas (LNG) project, due to their “critical national importance” an

about 1 year ago
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