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Regulation & Policy

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A large vessel at sea
Regulation & Policy

Norway tweaking 2025 national budget to fit Equinor offshore projects’ cost overruns

Norway’s Ministry of Energy has listed the status of 13 projects, either under development or recently completed, out of 19 operated by the Norwegian state-owned energy giant Equinor in the country’s proposed budget for next year.

about 1 year ago
Winners of EU’s pilot hydrogen auction sign grant agreements
Regulation & Policy

Winners of EU’s pilot hydrogen auction sign grant agreements

Six out of seven projects, selected for EU financial support in the Innovation Fund’s pilot hydrogen auction (IF23 Auction), have signed their respective grant agreements. One project withdrew from the process.

about 1 year ago
Gasum partners with Wasaline to build commercial FuelEU Maritime pooling service
Regulation & Policy

Gasum partners with Wasaline to build commercial FuelEU Maritime pooling service

Nordic energy company Gasum has joined forces with Finnish shipping company Wasaline to build the first large-scale commercial FuelEU Maritime pooling service, providing a way for conventional fuel vessels to save on compliance costs as the regulation enters into force in January 2025. Established t

about 1 year ago
GTT receives stamps of approval for multifuel-ready technology and new LNG carrier design
Regulation & Policy

GTT receives stamps of approval for multifuel-ready technology and new LNG carrier design

French technological containment specialist Gaztransport & Technigaz (GTT) has obtained five approvals in principle (AiPs) for advancements in its Mark III multifuel-ready membrane containment system and the new 200,000 cubic meter (cbm) LNG carrier concept. The approvals were issued by classificati

about 1 year ago
Protesters holding a "Stop fossil subsidies" banner
Regulation & Policy

Climate protesters in Brussels demand EU-wide end to gov’t support for fossil fuels, warning of ‘ecological and social collapse’

United for Climate Justice (UCJ), a platform of climate and social justice movements coordinating the Stop Fossil Subsidies campaign, has held a protest in Brussels urging EU leaders to put an end to state funding of fossil fuels.

about 1 year ago
HHLA
Regulation & Policy

MSC becomes co-owner of HHLA after EU okays acquisition

The European Commission has given the green light to MSC Mediterranean Shipping Company, the world’s largest container shipping company, to officially enter into the ownership structure of Germany’s logistics company Hamburger Hafen und Logistik Aktiengesellschaft (HHLA).

about 1 year ago
Orphaned wells off Texas; Source: BSEE
Regulation & Policy

US picks contractor for decom work on eight orphaned oil & gas pipelines in Gulf of Mexico

The Bureau of Safety and Environmental Enforcement (BSEE) has hired the Louisiana-based Chet Morrison Contractors, known as Morrison Energy, on a five-year on-site pipeline decommissioning assignment partially funded by a $4.7 billion investment for orphaned oil and gas well cleanups, called the Bip

about 1 year ago
The UK government has confirmed £21.7 billion in funding to establish two major carbon capture and storage (CCUS) clusters over the next 25 years, alongside hydrogen production facilities, in Teesside
Regulation & Policy

UK sets aside almost £22B for carbon capture and storage, hydrogen projects

The UK government has confirmed £21.7 billion in funding to establish two major carbon capture and storage (CCUS) clusters over the next 25 years, alongside hydrogen production facilities, in Teesside and Merseyside. According to the UK government, this move will propel the UK towards becoming a gl

about 1 year ago
An illustration of three industrial facilities next to a body of water
Regulation & Policy

Eni gets gov’t funding for UK’s first foray into repurposing infrastructure to unlock CCS opportunities

Eni has secured the UK government’s funding for a carbon dioxide (CO2) transport and storage project in North-West England and North Wales, which will see the firm reuse existing pipelines and platforms to transport and store CO2 from a carbon capture and storage (CCS) industrial cluster.

about 1 year ago
A view of the coast
Regulation & Policy

NGO calls for more action to mitigate oil spill risk before production restart of pipeline connected to platform trio off California

Santa Barbara-based nonprofit Environmental Defense Center (EDC) has urged the government to postpone the restart of a pipeline in California that caused an oil spill nine years ago until the state provides access to all relevant documentation, conducts an environmental review, and enables public en

about 1 year ago
Mersey Tidal barrage
Regulation & Policy

Formal planning process for UK tidal scheme starts, with public consultations following

Liverpool City Region Mayor has unveiled that the first public consultation for the Mersey Tidal Power project started just days after the formal planning process was initiated. This six-week consultation allows the public and local organizations to review and comment on the project’s early proposal

about 1 year ago
ABS okays Imodco’s jetty-less terminals technology for ammonia and CO2
Regulation & Policy

ABS okays Imodco’s jetty-less terminals technology for ammonia and CO2

Imodco, a part of the SBM Offshore group, has been awarded approval in principle (AiP) by the classification society ABS for the use of its Tower Loading Unit (TLU) and Catenary Anchor Leg Mooring (CALM) Soft Yoke systems for ammonia and also for CO2 injection.

about 1 year ago
Hanwha Ocean's
Regulation & Policy

Hanwha Ocean’s rotor sail technology receives blessing from BV, Liberian Registry

South Korean shipbuilding titan Hanwha Ocean has been awarded approvals from the French classification society Bureau Veritas (BV) and the Liberian Registry respectively via a statement of compliance (SoC) and approval in principle (AiP) for its rotor sail technology onboard liquefied natural gas (L

about 1 year ago
ABS gives green light to SHI’s new ammonia FPSO design
Regulation & Policy

ABS gives green light to SHI’s new ammonia FPSO design

Classification society ABS has approved a new design of an ammonia floating production storage and offloading (FPSO) unit developed by South Korean shipbuilder Samsung Heavy Industries (SHI). Having completed design reviews on the topside process, interface system, and layout based on class and stat

about 1 year ago
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