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Regulation & Policy

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Deepwater Atlas drillship (for illustration purposes); Source: Transocean
Regulation & Policy

Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance

Switzerland-based offshore drilling contractor Transocean’s business combination with the Bermuda-incorporated Valaris is facing extended antitrust scrutiny, as the offshore drilling giants’ merger request is under review with the Federal Trade Commission and the Antitrust Division of the United Sta

about 4 months ago
Illustration; Credit: Morten Berentsen/NOD
Regulation & Policy

70 more offshore exploration blocks widen Norway’s new oil & gas licensing round

Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea.

about 4 months ago
Illustration; Source: Australian Energy Producers (former APPEA)
Regulation & Policy

Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration helps bolster efforts to unlock the next generation of supp

about 4 months ago
Chevron picks GR Engineering Services’ business for its Australian natural gas facilities
Regulation & Policy

Woodside in the clear for plug & abandonment ops offshore Australia

Australian energy giant Woodside has received a blessing for its environmental plan (EP) from the country’s offshore regulator for permanent plug and abandonment (P&A) of multiple subsea exploration wells off the coast of Australia.

about 4 months ago
Marine license variation ‘opens door to further innovation’ at Morlais tidal energy scheme
Regulation & Policy

Marine license variation ‘opens door to further innovation’ at Morlais tidal energy scheme

Menter Môn Morlais has secured regulatory approval to deploy different types of tidal technology within the Morlais tidal energy scheme off the coast of Anglesey in Wales. Natural Resources Wales has approved the company’s application to vary its existing marine license, allowing different types of

about 4 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Regulation & Policy

Probe into offshore rig incident uncovers serious breaches

Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).

about 4 months ago
DNV’s scope at UK’s first offshore CCS project expands with independent certifier role
Regulation & Policy

DNV’s scope at UK’s first offshore CCS project expands with independent certifier role

DNV has been selected as the independent certifier for Northern Endurance Partnership (NEP), the UK’s first offshore carbon capture and storage (CCS) project, and will verify that the project’s construction and operation comply with the carbon dioxide transport and storage licence (CO2 T&S license)

about 4 months ago
FPSO Montara Venture; Source: Jadestone Energy
Regulation & Policy

Green light for wellhead removal ops at Australian oil field

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has received a stamp of approval for its environmental plan (EP) from the country’s offshore regulator for wellhead removal activities at its oil field off the coast of Australia.

about 4 months ago
AES to buy 49.9% stake in AES Colón LNG plant
Regulation & Policy

US court sends $4 billion LNG legal battle back to Virginia state court

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has disclosed the return of its multibillion-dollar lawsuit against AES Corporation to the Virginia state court.

about 4 months ago
A rig offshore
Regulation & Policy

Obtaining production right for offshore block key to oil & gas firm’s South African expansion

With a recent court ruling spurring new environmental assessments for energy projects, Canada-headquartered oil and gas exploration company Africa Energy has confirmed an extension for the submission of a new environmental and social impact assessment (ESIA) for a block off the coast of the Republic

about 4 months ago
EIB continues its support for Malta-Italy interconnector with €100 million
Regulation & Policy

EIB continues its support for Malta-Italy interconnector with €100 million

The European Investment Bank (EIB) is supporting the development of the second electrical interconnector between Malta and Italy with €100 million. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Si

about 4 months ago
Ireland and Spain formalize plan to explore electricity interconnection
Regulation & Policy

Ireland and Spain formalize plan to explore electricity interconnection

Irish and Spanish ministries have signed a memorandum of understanding (MoU) to explore the potential for a future electricity interconnector between the two countries. The MoU was signed by Ireland’s Department of Climate, Energy and the Environment and Spain’s Ministry for the Ecological Transitio

about 4 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Regulation & Policy

North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and

about 4 months ago
€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 4 months ago
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