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Regulation & Policy

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€100 million EU financing backs Port of Klaipėda’s energy transition path
Regulation & Policy

€100 million EU financing backs Port of Klaipėda’s energy transition path

The European Investment Bank (EIB) has approved approximately €100 million in financing to support the energy transition, among other things, at the Port of Klaipėda in Lithuania. The €201 million project targets the modernization and expansion of the core Trans-European Transport Network (TEN-T) Po

about 3 months ago
Illustration; Source: Woodside
Regulation & Policy

Court case ends in settlement with Woodside and Greenpeace agreeing to foot their own bills

Australian energy giant Woodside and Greenpeace Australia Pacific (GAP), an independent campaigning organization, have reached a settlement in an emissions lawsuit, which has now been dismissed in the Federal Court of Australia.

about 3 months ago
Illustration; Source: Novatek
Regulation & Policy

EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net ar

about 3 months ago
Gilda platform; Source: BOEM
Regulation & Policy

BOEM issues environmental review for multi-well stimulation at Californian offshore platform

The U.S. Bureau of Ocean Energy Management (BOEM) has released the final environmental impact statement for proposed offshore well stimulation work at a platform off the coast of California, 28 days after the publication of the notice of intent. The final environmental impact statement evaluates DCO

about 3 months ago
renewable
Regulation & Policy

World’s first global shipping carbon price talks back at UN’s bargaining table

As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend th

about 3 months ago
CCS exploration drilling ops cleared for launch offshore Japan
Regulation & Policy

CCS exploration drilling ops cleared for launch offshore Japan

On a mission to support carbon capture and storage (CCS), Metropolitan CCS, a joint venture (JV) between Inpex Corporation and Kanto Natural Gas Development, has secured the green light from Japan’s Minister of Economy, Trade and Industry to undertake exploratory drilling offshore Kujukuri along the

about 3 months ago
Illustration; Credit: Morten Berentsen/NOD
Regulation & Policy

Norway eyes enhanced oil & gas recovery projects to boost production

Given its aim to increase oil and gas output on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has spotlighted the use of advanced methods as a solution to curb production decline.

about 3 months ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Regulation & Policy

Vår Energi unveils $360 million investment in Barents Sea field

Norwegian oil and gas player Vår Energi has handed out a revised plan for development and operation (PDO) of a project in the Barents Sea to Norway’s Ministry of Petroleum and Energy to enable higher production for longer from an offshore field.

about 3 months ago
FPSO Energean Power; Source: Energean
Regulation & Policy

FPSO returns to operation mode in Eastern Mediterranean

London-based oil and gas player Energean has restarted production from a floating production, storage, and offloading (FPSO) vessel deployed at a field off the coast of Israel.

about 3 months ago
Çağrı Bey seventh-generation ultra-deepwater drillship; Source: Türkiye’s Ministry of Energy and Natural Resources
Regulation & Policy

Drillship comes to Africa for Türkiye’s first deepwater drilling foray abroad

Türkiye’s Ministry of Energy and Natural Resources has confirmed the arrival of a seventh-generation drillship to Somalia, where it is expected to kick off hydrocarbon offshore exploration activities and spud what is described as the world’s second-deepest offshore well.

about 3 months ago
Artist's depiction of Geelong gas terminal
Regulation & Policy

Australia backs proposed LNG terminal to stave off Victoria’s gas supply crunch

Australian energy infrastructure player Viva Energy has received federal environmental approval for its proposed liquefied natural gas (LNG) terminal project in Geelong, Australia.

about 3 months ago
EnQuest
Regulation & Policy

Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

about 3 months ago
FPSO Energean Power; Source: Energean
Regulation & Policy

Wheels up for FPSO to come back online in Eastern Mediterranean waters

London-based oil and gas player Energean has received the go-ahead to resume production from a floating production, storage, and offloading (FPSO) vessel, which is working at a field off the coast of Israel.

about 3 months ago
Aker BP gets the all-clear to use Maersk rig on North Sea field
Regulation & Policy

Go-ahead for Aker BP to use accommodation facility at North Sea field

The Norwegian offshore safety regulator has given its blessing to Aker BP to deploy Macro Offshore Management’s mobile living quarters facility at a field in the North Sea off the coast of Norway.

about 3 months ago
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