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Rules & Regulation

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IMO MEPC 79
Rules & Regulation

IMO designates the Mediterranean Sea as an emission control area

The Mediterranean Sea has been designated as an Emission Control Area for Sulphur Oxides and particulate matter at last week’s MEPC 79th session. The designation means that as of 1 May 2025 ships will be required to use marine fuel with reduced sulphur content. The permissible sulphur content will f

about 3 years ago
German Federal Government concludes Uniper agreement
Rules & Regulation

German Federal Government concludes Uniper agreement

Today, the German Federal Government and energy company Uniper have concluded a framework agreement to concretize the measures to stabilise Uniper agreed between the Federal Government, Uniper, and Fortum on 21 September 2022. Under the agreement, German’s Federal Ministry of Finance will be respons

about 3 years ago
Ofgem withdraws cap and floor regime for 1.4 GW interconnector
Rules & Regulation

Ofgem withdraws cap and floor regime for 1.4 GW interconnector

UK energy market regulator Ofgem has withdrawn the cap and floor regime awarded in principle for a 1.4 GW interconnector due to the project having encountered “significant delays”.

about 3 years ago
QatarEnergy, TotalEnergies and Petronas win offshore exploration block in Brazil
Rules & Regulation

QatarEnergy, TotalEnergies and Petronas win offshore exploration block in Brazil

QatarEnergy, TotalEnergies, and Petronas have been awarded an offshore exploration block in Brazil.

about 3 years ago
Canadian oil & gas player facing charges over FPSO incident
Rules & Regulation

Canadian oil & gas player facing charges over FPSO incident

Regulator has laid charges against Suncor Energy related to an incident from 2019 on an FPSO off Canada, in which a worker was injured.

about 3 years ago
Offshore Energy
Rules & Regulation

EU poised to start taxing shipping emissions in 2024

In the final round of talks over the weekend, the EU Council and the European Parliament hammered out a provisional political agreement on legislative proposals of the ‘Fit for 55’ package that aim to further reduce emissions and address their social impacts. The ‘Fit for 55’ package is aimed at ena

about 3 years ago
Three North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security
Rules & Regulation

North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security

UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.

about 3 years ago
Plans unveiled for $20.4 billion investments in ten oil & gas projects
Rules & Regulation

Plans unveiled for investments of $20.4 billion in ten oil & gas projects

Aker BP has submitted a PIO and ten PDOs for oil and gas projects to the Norwegian Ministry of Petroleum and Energy.

about 3 years ago
IMO Secretary General
Rules & Regulation

IMO fails to adopt more ambitious 2050 target

The IMO failed to adopt a concrete shipping decarbonisation target for shipping this week following the Marine Environment Protection Committee (MEPC 79) meeting that ended earlier today. The support from the member countries for eliminating the industry’s emissions by 2050 and for setting interim t

about 3 years ago
Vår Energi to address nonconformity for its FPSO modification project
Rules & Regulation

Vår Energi to address nonconformity for its FPSO modification project

Norwegian regulator has carried out an audit of Vår Energi and its management of barriers and maintenance on an FPSO modification project.

about 3 years ago
Equinor all set to drill North Sea wildcat
Rules & Regulation

Equinor all set to drill North Sea wildcat

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Equinor tasked with assessment of improvement points for North Sea platform
Rules & Regulation

Equinor tasked with assessment of improvement points for North Sea platform

Norwegian offshore safety regulator has carried out an audit at one of the Equinor-operated North Sea platforms.

about 3 years ago
Beach Energy faces opposition over drilling plans off Taranaki
Rules & Regulation

Beach Energy faces opposition over drilling plans off Taranaki

Beach Energy has lodged consent applications with the Environmental Protection Authority (EPA) related to offshore drilling in Taranaki.

about 3 years ago
Oil & gas players pursuing electrification in Norwegian Sea to curb emissions
Rules & Regulation

Oil & gas players pursuing electrification in Norwegian Sea to curb emissions

OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.

about 3 years ago
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