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Rules & Regulation

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All clear for TGS and PGS merger
Rules & Regulation

All clear for merger of Norwegian seismic firms

Following approval from the Norwegian Competition Authority, Norway-headquartered PGS and TGS have now received clearance for their merger from the UK Competition and Markets Authority (CMA), which is the final regulatory approval required. TGS and PGS announced their agreement on principal terms to

about 2 years ago
MARIC’s 12,800 CEU ammonia-fueled car carrier receives LR’s approval
Rules & Regulation

MARIC’s 12,800 CEU ammonia-fueled car carrier receives LR’s approval

Lloyd’s Register (LR) has awarded approval in principle (AiP) to the Marine Design & Research Institute of China (MARIC) for a dual-fuel 12,800 CEU capacity pure car and truck carrier (PCTC) design.

about 2 years ago
During their protest against drilling ops, Greenpeace activists were circling the Prospector 1 jack up rig about 20 kilometers northwest of the island of Borkum; Source: Greenpeace
Rules & Regulation

Court hearing coming up this week: Go-ahead or more hiccups for North Sea gas project?

After hitting another snag due to a court-ordered temporary halt of operations, a gas project in the North Sea is awaiting outcome of court hearing.

about 2 years ago
Illustration; Glenfarne Group
Rules & Regulation

Tax reduction brings funding leeway for Texas LNG project

Glenfarne Energy has received a county tax abatement for the upcoming construction of the natural gas export facility in Texas.

about 2 years ago
Illustration; Source Offshore Energies UK (OEUK)
Rules & Regulation

As UK’s general elections draw near, candidates urged to throw support behind ‘homegrown’ energy transition

Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.

about 2 years ago
The UK Marine Energy Council (MEC)'s five key asks
Rules & Regulation

UK Marine Energy Council sets five key asks for upcoming UK government

The UK Marine Energy Council (MEC) has outlined five key asks for the upcoming Government to realize the potential of wave and tidal energy, and embed UK content into projects deployed domestically and internationally.

about 2 years ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Rules & Regulation

No clearance for Shelf Drilling’s rig to work in Norwegian waters hinders start-up of drilling gig

Shelf Drilling has disclosed plans to keep discussing options with the Norwegian offshore safety regulator to obtain an AoC for one of its jack-up rigs.

about 2 years ago
ClassNK issues new edition of guidelines for ships using alternative fuels
Rules & Regulation

ClassNK issues new edition of guidelines for ships using alternative fuels

ClassNK has released a new edition of its Guidelines for Ships Using Alternative Fuels, which outline the safety requirements for ships using methanol, ethanol, LPG and ammonia as fuel. The new edition adds requirements related to hydrogen-fueled ships.

about 2 years ago
Planning consent issued for solar methanol plant in Port Augusta
Rules & Regulation

Planning consent issued for solar methanol plant in Port Augusta

Solar Methanol 1 (SM1), the proposed solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia, has received planning consent.

about 2 years ago
US President Joe Biden
Rules & Regulation

US govt’s clean electricity tax credits guidance aims to continue investment boom

This proposed guidance offers a tax credit for the production of clean electricity, regardless of technology. This replaces the production tax credit for renewable electricity generation, extended through 2024.

about 2 years ago
Australia's light blue beach representing an Indigenous-led research report that has proposed a cultural license to operate (CLO) framework to help industries collaborate with First Nations
Rules & Regulation

Indigenous-led report paves the way for marine industry collaboration with First Nations (Video)

An Indigenous-led research report has proposed a cultural license to operate (CLO) framework to help industries collaborate with First Nations, fostering trust and cultural legitimacy in the blue economy operations.

about 2 years ago
Industry players present ‘key’ actions to bolster UK’s hydrogen economy
Rules & Regulation

Industry players present ‘key’ actions to bolster UK’s hydrogen economy

The Hydrogen Coordination Forum, which brings together a range of UK and regional bodies across the hydrogen landscape, has announced ten “key” actions to support the scale-up of new hydrogen infrastructure.

about 2 years ago
NSTA plans to introduce 'user pays' carbon storage levy once market is self-sustainable
Rules & Regulation

‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future, once the carbon capture and storage (CCS) industry begins operating on a more self-sustaining basis. The NSTA ran a call for evidence between December 4, 2023, and

about 2 years ago
Illustration; Source: API
Rules & Regulation

Biden administration hit with one more lawsuit over LNG permitting freeze

A new lawsuit has been filed to challenge the LNG permitting ban to non-FTA countries in the United States.

about 2 years ago
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