Offshore Regulations - page 3


EU's Von der Leyen Pledges More Support for Wind Industry

Sep 13, 2023

The European Union will put forward a package of measures to support Europe's wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday…

Colombia Mulls Making Ecopetrol Mandatory Partner in Offshore Wind Farms

Sep 12, 2023

Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters.The Ministry of Mines and Energy will…

UK North Sea Transition Authority to Regulate Offshore Hydrogen Ops

Sep 08, 2023

The UK North Sea Transition Authority (NSTA) is expected to take on the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal.The move is intended to support the industry by enabling…

Latest UK Renewables Auction Fails to Attract Offshore Wind Bids

Sep 08, 2023

Britain's latest subsidy auction for new renewable energy projects awarded no contracts for offshore wind projects, the results published on Friday showed, drawing criticism from opposition politicians and environmental campaigners.In a 2022 auction…

Chevron, Repsol Quit Oil and Gas Exploration Blocks in Mexican Gulf

Sep 08, 2023

Energy companies Chevron and Repsol decided to quit offshore oil and gas exploration areas in Mexico, the regulator for the sector said on Thursday, joining more than a dozen other companies after disappointing results.Both had won the blocks in the Gulf of Mexico in a tender process…

Vattenfall Exploring 'all options' for UK Offshore Wind Projects

Sep 07, 2023

Sweden's Vattenfall is evaluating options for proceeding with offshore wind projects off the Norfolk coast in Britain after stopping work on one of them earlier this year, the company said on Wednesday.Vattenfall halted development of its 1…

Danish Supreme Court Fules Against Maersk and TotalEnergies in Tax Case

Sep 06, 2023

Denmark's supreme court on Wednesday ruled against Maersk and TotalEnergies in a tax case involving the alleged misuse of transfer pricing in the companies' business in Algeria and Qatar.The case was filed by the Danish tax authorities saying that Maersk's oil unit…

How Serious a Problem is the Cost Issue in U.S. Offshore Wind?

Sep 04, 2023

Much has been written recently about the challenges facing U.S. offshore wind projects, resulting in requests to terminate or renegotiate contracts to sell power to states. Examples of these challenges can be found from Massachusetts to Virginia…

Brazil President Lula's Aide: To Fund Energy Transition We Need Oil Money

Aug 16, 2023

There is no contradiction between defending an ecological transition and new oil exploration fronts, the chief of staff for Brazil President Luiz Inacio Lula da Silva said on Wednesday, as state-run giant Petrobras seeks clearance to drill a well at the mouth of the Amazon River…

Triton Offshore Wind Farm Secures Natura 2000 Permit

Aug 16, 2023

Swedish offshore wind developer OX2 said its offshore wind farm Triton off the southern coast of Sweden had received a Natura 2000 permit. In June the County Administrative Board finalized its handling by suggesting the government grant Triton…

Namibia Grants Global Petroleum, Partners 2-Year Renewal Period for Offshore Block

Aug 14, 2023

Oil and gas company Global Petroleum said Monday that the Namibian Ministry of Mines and Energy had given approval for the company and its partners to proceed to the First Renewal Period ('FRP') of Walvis Basin license PEL 94, with a duration of two years from September 2023 to September 2025…

Guyana Oil Legislation Will Grant Broad Powers to Energy Minister

Aug 11, 2023

Guyana’s parliament on Thursday passed long-awaited oil legislation that grants the natural resources minister extensive power over its multi-billion-dollar oil industry. The new rules will be applied to future projects in the South American country…

RWE, Vattenfall, Waterkant Energy win 1.8 GW German Offshore Wind Auction

Aug 11, 2023

Utilities RWE, Vattenfall, and development firm Waterkant Energy have been awarded four offshore wind sites in the North Sea in a tender worth 784 million euros ($864.75 million), the German energy regulator said on Thursday.The companies secured rights to the areas suited to housing 1…

Germany Grants Awards for 900-megawatt Offshore Wind Nordseecluster B to RWE

Aug 10, 2023

The German Federal Network Agency today announced that RWE has been granted awards for Nordseecluster B. This involves the N-3.6 and N-3.5 sites in the German North Sea, on which RWE plans to develop, build, and operate two wind farms with a total capacity of 900 megawatts (MW)…

Tullow's Gabon Licenses Extended to 2046

Aug 09, 2023

Oil and gas firm Tullow said Wednesday it had received approval from the Government of Gabon for the extension of several of its Gabon licences to 2046.'The license extensions increase the value of Tullow's resource base through the addition of c…

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