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Rules & Regulation

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Authorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsHuman CapitalOperations & MaintenanceSafetyVesselsEnvironmentProject & TendersRegulation & PolicyCollaborationExploration & ProductionOutlook & StrategyGreen MarineTransitionMarket OutlooksInfrastructure
Foinaven FPSO - Teekay
Rules & Regulation

Union ‘deeply concerned’ for the safety of the crew on FPSO heading to port

UK’s Unite the union has raised safety concerns for crew aboard the Foinaven FPSO ahead of strike action set to begin this Friday.

about 4 years ago
Shell's Crux seabed survey environmental plan under assessment
Rules & Regulation

Shell’s Crux seabed survey environmental plan under assessment

Australia’s offshore security regulator NOPSEMA has begun the assessment of Shell’s environmental plan for the Crux seabed survey campaign off the coast of Western Australia. The Crux seabed survey campaign will include a geophysical survey and a geotechnical survey in Commonwealth and Ashmore Carti

about 4 years ago
UK oil & gas firms to spud North Sea well in September
Rules & Regulation

New partner joins North Sea block ahead of September well spud

i3 Energy and Europa Oil & Gas have completed a farm-in agreement ahead of the drilling of an appraisal well planned for September.

about 4 years ago
IMO
Rules & Regulation

Impending environmental regulations set to slash bulker supply

Entrance into force of the new IMO environmental regulations in 2023 is expected to slow down the supply of vessels into the dry bulk market, according to a recent market forecast by Vessels Value. The drop will remove up to 3-4% of the fleet’s effective trading capacity, based on the outlook, which

about 4 years ago
Equinor to drill North Sea prospect with Transocean rig
Rules & Regulation

With clearance in hand, Equinor set to use Transocean rig for North Sea drilling

Equinor has received consent from Norway’s safety regulator for exploration drilling in the North Sea, using one of Transocean’s rigs.

about 4 years ago
Aker BP secures life extension for North Sea field
Rules & Regulation

Life extension granted for North Sea field

Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.

about 4 years ago
offshore oil and gas - fossil fuels
Rules & Regulation

U.S. climate bill promotes clean energy but ‘does not arbitrarily shut off’ oil and gas

The package is said to promote zero and low carbon energy and support domestic production of offshore oil and gas.

about 4 years ago
S&P Global introducing carbon-accounted tanker assessments under EU ETS
Rules & Regulation

S&P Global introducing carbon-accounted tanker assessments under EU ETS

Starting on 1 August, S&P Global Commodity Insights, a provider of energy and commodities information, will launch daily Platts price assessments for freight emissions under the European Union’s Emissions Trading System (ETS). As explained, the new assessments will show the cost of carbon dioxide em

about 4 years ago
Shearwater - Shell
Rules & Regulation

Shell sanctions Jackdaw gas project in North Sea

Shell has taken the final investment decision to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year.

about 4 years ago
Petrojarl Foinaven FPSO
Rules & Regulation

‘Aggrieved’ FPSO workers to down tools over redundancy package

UK’s Unite the union has confirmed that its members operating the Foinaven FPSO vessel have voted to take strike action.

about 4 years ago
Baltic Exchange to provide standardised emissions reference point for shipping industry
Rules & Regulation

Baltic Exchange to provide standardised emissions reference point for shipping industry

London-based maritime industry information provider Baltic Exchange is developing a project that aims to provide a standardised emissions reference point and find a simpler way to understand round voyage emissions against the transport work done. Starting on 1 January 2023, two new energy efficiency

about 4 years ago
Norway buzzing with exploration activity in 1H 2022 with more to come
Rules & Regulation

Norwegian authorities expect up to 40 exploration wells this year

Norway has recorded a high level of exploration activity in the first half of 2022, which has led to six discoveries so far.

about 4 years ago
Russian gas flowing to Europe again as Nord Stream 1 restarts
Rules & Regulation

Russian gas flowing to Europe again as Nord Stream 1 restarts

The Nord Stream 1 pipeline has resumed gas transmission from Russia to Europe after ten days of being shut down due to annual maintenance works. Both lines of the gas pipeline system were shut down on 11 July for routine maintenance works, including testing of mechanical elements and automation syst

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Rules & Regulation

VesselsValue: 75 pct of global fleet will not be EEXI compliant

Prior to any efficiency modifications, more than 75% of the fleet — bulkers, tankers and containerships — will not be compliant with the Energy Efficiency Existing Index (EEXI) that will enter into force in 2023, according to Joey Daly, Cargo Analyst at VesselsValue.

about 4 years ago
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