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Rules & Regulation

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Authorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsRegulation & PolicyCertification & ClassificationVesselsExploration & ProductionMarket OutlooksOutlook & StrategyInnovationTechnologyVisionProject & Tenders
A jack-up rig
Rules & Regulation

Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Bermuda-headquartered Paratus Energy Services has picked up clearance for the divestment of drilling operations and jack-up fleet belonging to Fontis Finance, an indirect subsidiary, which is divesting its assets to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a 50/50 joint v

10 days ago
LNG vessel; Source: GTT
Rules & Regulation

GTT’s new LR-approved NO96 criteria expand LNG carrier design flexibility

French technological containment specialist Gaztransport & Technigaz (GTT) has secured the green light from the UK-based classification society Lloyd’s Register (LR) for new NO96 elongation criteria, opening the door to more optimized liquefied natural gas (LNG) carrier (LNGC) structures, widening L

11 days ago
COSL Prospector rig; Source: COSL
Rules & Regulation

North Sea wildcat to be spud by COSL rig next month

Norway’s oil and gas player Vår Energi has secured a drilling permit for operations in the Norwegian North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

14 days ago
Illustration; Source: Australian Energy Producers
Rules & Regulation

Australia in need of new gas investments to ensure energy security

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has welcomed the 2026 Integrated System Plan (ISP) from the Australian Energy Market Operator (AEMO), which highlights the need for new gas investments to enable grid reliability.

26 days ago
Illustration; Courtesy of AES Panama
Rules & Regulation

Arbitration tribunal set up in dispute over revoked gas-to-power and LNG terminal permits

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has confirmed the formation of an independent tribunal in an arbitration case related to the cancelation of permits for a gas-to-power development in

about 1 month ago
Scarabeo 8 rig; Source: Saipem
Rules & Regulation

Two oil & gas operators gearing up for North Sea drilling ops with COSL and Saipem’s rigs

Norwegian oil and gas operators, Equinor and Aker BP, have each obtained drilling permits for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with semi-submersible rigs owned by COSL Drilling Europe and Saipem.

about 1 month ago
Illustration; Source: Australian Energy Producers (former APPEA)
Rules & Regulation

Australian gas reservation draft raises the alarm over export reliability

Given the growing concerns over a draft domestic gas reservation framework, Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has emphasized the investment risks such a move could bring, intensifying east coast gas supply pressures.

about 2 months ago
Illustration; Source: Wood Mackenzie
Rules & Regulation

Oil price spike spurs windfall tax proposals in Brazil, EU, US, and Australia

As oil prices top $100 per barrel (bbl), Wood Mackenzie, an energy intelligence group, has pinpointed the uptick in energy prices as the reason for the revival in windfall tax debate across four continents.

about 2 months ago
Illustration; Source: Eco Atlantic
Rules & Regulation

Eco’s takeover of JHI close to crossing the finish line

Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, is closing in on the completion of its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI).

about 2 months ago
CETO technology
Rules & Regulation

Relevant Spanish authorities grant approval for CETO’s deployment at BiMEP

Carnegie Clean Energy’s wholly owned subsidiary, CETO Wave Energy Ireland, has received a EuropeWave payment of €63,688 that reflects the approval of two deliverables related to the deployment of the CETO wave energy converter (WEC) at the Biscay Marine Energy Platform (BiMEP) site. The payment, und

about 2 months ago
Solstad Offshore comes out as winner in CSV legal battle
Rules & Regulation

Solstad Offshore comes out as winner in CSV legal battle

An arbitration regarding a disputed 2024 charter hire related to the largest vessel in Solstad Offshore’s fleet has been resolved in the favor of the Norwegian offshore vessel owner, the company reported. Solstad reported yesterday, May 14, that arbitration proceedings related to a disputed charter

about 2 months ago
Licence 1/11 (Barryroe field); Source: Lansdowne
Rules & Regulation

Ireland hit with multimillion-dollar arbitration claim over oil & gas project

Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Ex

about 2 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Rules & Regulation

Norway gives its blessing for $1.8 billion subsea redevelopment project

ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, has made inroads in clearing regulatory requirements for its redevelopment project on the Norwegian Continental Shelf (NCS).

about 2 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Rules & Regulation

North Sea wildcat on COSL rig’s drilling agenda for June

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 2 months ago
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