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Rules & Regulation

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Clair Ridge platform; Source: BP
Rules & Regulation

Offshore drillers embarking on strike action at BP’s two platforms in UK waters

UK’s Unite the union has confirmed that nearly 100 Odfjell offshore drillers have backed strike action in a dispute over rotas and pay.

about 3 years ago
nuclear
Rules & Regulation

Korean majors led by Sinokor and HMM forge alliance to develop nuclear-powered ships

Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, th

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

Green light for Norwegian oil & gas player to spin the drill bit at North Sea prospect

Wellesley Petroleum has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea.

about 3 years ago
Illustration; Source: Shell
Rules & Regulation

Shell says derivative action attempt against its board over climate risk has ‘no merit’

With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.

about 3 years ago
MPA Singapore discontinues LNG bunkering incentive
Rules & Regulation

MPA Singapore discontinues LNG bunkering incentive

Maritime and Port Authority of Singapore (MPA) has decided to discontinue the 50% harbour craft port dues concession which was launched in 2021 for floating storage units (FSUs) / floating storage regasification units (FSRUs) supporting LNG bunkering and breakbulk activities in port. The discontinua

about 3 years ago
Hamburg port
Rules & Regulation

Skuld pens Poseidon Principles for Marine Insurance

Marine insurance provider Skuld has signed the Poseidon Principles for Marine Insurance, a global framework for assessing and disclosing the climate alignment of insurers’ hull and machinery portfolios. The framework is aimed at enabling the insurance sector to implement transparency and establish a

about 3 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Rules & Regulation

New oil & gas discovery in North Sea with tie-back on the horizon

Norwegian state-owned energy giant Equinor has made a new commercial oil and gas discovery in the North Sea off Norway, using a Transocean-owned rig.

about 3 years ago
UK's Ofgem grants licenses for electricity links to three EU countries
Rules & Regulation

UK’s Ofgem grants licenses for electricity links to three EU countries

UK energy market regulator Ofgem has granted electricity interconnector licenses for three energy links that will connect the UK with three countries in the European Union.

about 3 years ago
EverWind Fuels receives environmental approval for Point Tupper project
Rules & Regulation

EverWind Fuels receives environmental approval for Point Tupper project

Timothy Halman, Minister of Environment and Climate Change, Government of Nova Scotia, has issued an environmental approval to EverWind Fuels, developer of green hydrogen and ammonia production, for the initial phase of the $6 billion, 1 million tonnes per annum green hydrogen and green ammonia proj

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Rules & Regulation

As FPSO repairs near completion, Australian field still on track to come back online this month

With the closing of the general direction for the project, Singapore’s Jadestone Energy has made a significant step towards wrapping up the remaining works for an FPSO operating on a field in the Timor Sea off Australia and restarting production from this field later this month.

about 3 years ago
Offshore Energies UK (OEUK)
Rules & Regulation

OEUK: Calls for UK windfall tax on oil & gas player’s global profits ‘deliberately misleading’

Offshore Energies UK (OEUK) has warned that the calls for new windfall taxes on energy producers’ global profits are misleading.

about 3 years ago
TotalEnergies
Rules & Regulation

With two new offshore licenses, TotalEnergies to explore carbon storage potential in North Sea

French-headquartered energy giant TotalEnergies has been awarded two offshore licenses to explore CO2 storage potential in the Danish North Sea.

about 3 years ago
Norway continues license processing for 1.4 GW link to UK after almost three years
Rules & Regulation

Norway continues license processing for 1.4 GW link to UK after almost three years

Norway’s Ministry of Petroleum and Energy has decided to resume the license processing of the application for the development of a 1.4 GW overseas interconnector between Norway and the UK after the processing was put on hold back in 2020. In a letter dated 25 March 2020, the Norwegian ministry infor

about 3 years ago
Oseberg C; Credit: Øyvind Hagen/Equinor
Rules & Regulation

Equinor to tackle helideck nonconformities at two North Sea platforms

Norwegian regulator has conducted an audit of the management of emergency preparedness and helidecks at Equinor’s two North Sea platforms.

about 3 years ago
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