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Rules & Regulation

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Authorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionProject & TendersRegulation & PolicyCollaborationGreen MarineInnovationOutlook & StrategyTransitionVesselsCertification & ClassificationEnvironmentMarket OutlooksPorts & LogisticsResearch & DevelopmentCarbon Capture Usage & Storage
Pharos assets in Vietnam; Source: Pharos Energy
Rules & Regulation

With farm-out talks ongoing, UK oil & gas firm secures extension for two blocks off Vietnam

Pharos Energy Plc has received a licence extension for two blocks located in the moderate to deepwater Phu Khanh Basin offshore Vietnam.

about 3 years ago
CMA CGM Masai Mara
Rules & Regulation

CMB: Retrofit of ammonia-ready CMA CGM Masai Mara will be easy

The world’s first ammonia-ready containership CMA CGM Masai Mara, which was recently delivered from Chinese shipbuilder Qingdao Shipyard, promises to revolutionize the container shipping industry as the vessel readies to use ammonia as a viable fuel source. The 5,900 TEU engineering marvel sets a tr

about 3 years ago
Shipping
Rules & Regulation

GCMD survey unveils decarbonization blind spots: Industry cannot decarbonize without conservatives

Singapore-based Global Centre for Maritime Decarbonization and Boston Consulting Group have revealed major insights from the Global Maritime Decarbonization Survey during a presentation held at Nor-Shipping 2023’s Tradewinds Ocean Stage. The survey sheds light on the current state of maritime decarb

about 3 years ago
Spanish government greenlights El Musel LNG terminal start-up
Rules & Regulation

Spanish government greenlights El Musel LNG terminal start-up

El Musel LNG terminal in Gijón has received administrative authorization for its start-up from the Spanish Ministry for the Ecological Transition and the Demographic Challenge. According to the Spanish energy company Enagás, the technical conditions for the provision of LNG logistics services at the

about 3 years ago
Shearwater platform (illustration); Source: Shell
Rules & Regulation

UK’s tax changes: First step to ‘restore confidence’ in oil & gas sector and safeguard energy security

The UK has now made adjustments to the oil and gas tax terms in a bid to protect the country’s energy security.

about 3 years ago
Guangzhou Shipbuilding International EPS
Rules & Regulation

Eastern Pacific inks deal for up to 4 dual-fuel LR II tankers with GSI

Singapore-based ship management company Eastern Pacific Shipping (EPS) has signed a construction contract for 2+2 LNG dual-fuel LRII tankers with Chinese shipyard Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation, and CSSC Trading. The order for the 111,0

about 3 years ago
Illustration; Source: American Petroleum Institute (API)
Rules & Regulation

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago
Alvheim FPSO; Source: Aker BP
Rules & Regulation

Norway greenlights $700 million tie-back project in North Sea

Aker BP has received approval for a plan for development and operation (PDO) of its offshore tie-back project in the North Sea.

about 3 years ago
Illustration - Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
Rules & Regulation

As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

12 minutes read
ABS publishes requirements for hydrogen-fueled vessels
Rules & Regulation

ABS publishes requirements for hydrogen-fueled vessels

Classification society American Bureau of Shipping (ABS) has developed and released an expansive set of requirements to guide the industry in the use of hydrogen-fueled vessels. ABS said the publication, named ABS Requirements for Hydrogen Fueled Vessels, is a continuation of its attention to altern

about 3 years ago
Greater Buchan Area concept; Source: Jersey Oil & Gas
Rules & Regulation

UK regulator gives its blessing for farm-out deal related to North Sea oil project

Jersey Oil & Gas has received approval from the NSTA for its sale of a partial stake in an asset on the UK Continental Shelf to NEO Energy.

about 3 years ago
The Valaris 8503 rig was used for Zama appraisal. Source: Talos Energy
Rules & Regulation

Stamp of approval for huge oil field development plan lays the foundation for $4.5 billion investment

Mexico’s regulator has greenlighted a unit development plan (UDP), which Pemex submitted for a giant oil field offshore Mexico.

about 3 years ago
Valhall PWP-Fenris; Source: Aker BP
Rules & Regulation

North Sea oil & gas projects with $14.9 billion investment tag inch closer to green light

Aker BP is one step closer to getting the final stamp of approval for the development of its oil & gas projects in the North Sea off Norway.

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Rules & Regulation

Go-ahead for two oil & gas firms to drill in North Sea with Odfjell rigs

Aker BP and Neptune Energy have received consent from Norway’s offshore safety regulator for exploration drilling in the Norwegian North Sea.

about 3 years ago
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