Offshore Regulations - page 4


Report: Aker Solutions Sued by Ex-employee Amid Malaysia Graft Probe

Dec 30, 2020

A former Malaysian employee of Norway's largest oil services company Aker Solutions has sued the firm, saying it tried to stop her from speaking to authorities about its business practices, an accusation the company denies.Seetha Kumarasamy…

Kremlin Says New U.S. Sanctions Could Complicate Nord Stream 2 Pipeline Completion

Dec 28, 2020

The Kremlin said on Thursday that new U.S. sanctions targeting Nord Stream 2 could complicate the completion of the stalled Russian gas pipeline to Germany, but that Moscow and European nations had an interest in it being built.Senior Trump…

U.S. Readying Fresh Round of Sanctions Against Nord Stream 2 Pipeline

Dec 24, 2020

The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration officials said on Wednesday…

Rockhopper Eyes 'Significant monetary damages' in Adriatic Sea Case

Dec 24, 2020

Rockhopper Exploration on Thursday said that a ruling on its arbitration against Italy over Ombrina Mare offshore field in the Adriatic Sea could be expected in early 2021, adding it expects to receive 'significant monetary damages.'The company…

Erdogan: Turkey Hopes to Turn New Page with U.S. and EU

Dec 23, 2020

President Tayyip Erdogan said on Wednesday that Turkey hopes to “turn a new page” in its ties with the United States and European Union, and that Ankara had been subjected to “double standards” by both its NATO ally Washington and the bloc.Earlier this month…

Greenpeace Loses Norway Supreme Court Case over Arctic Offshore Drilling

Dec 22, 2020

Norway's supreme court upheld government plans for Arctic oil exploration on Tuesday, dismissing a lawsuit by campaigners who said they violated people's right to a healthy environment.While most of Norway's oil output flows from south of the Arctic…

Oil and Gas Industry Must Support UK's Net-zero Target, Regulator Says

Dec 17, 2020

UK's Oil & Gas Authority on Wednesday submitted a revised strategy for laying before the UK Parliament featuring for the first time an obligation on the oil and gas industry to support the UK’s net-zero target.'The revised Strategy reflects the ongoing global energy transition…

Biden Set to Announce Picks for Core Climate and Energy Jobs

Dec 16, 2020

U.S. President-elect Joe Biden is close to announcing a slate of Cabinet nominees who will be central to his administration’s sweeping plan to fight climate change, according to sources familiar with the matter.The picks include a diverse list of nominees to head the departments of Energy…

EU to Shift Funding Away from Gas, into Low-carbon Energy

Dec 16, 2020

The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.The EU's 'TEN-E' rules define which cross-border energy projects are eligible…

Timeline: Nord Stream 2 Gas Pipeline's Difficult Birth

Dec 15, 2020

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.An alleged nerve agent attack on Kremlin…

UK to End Support for Overseas Fossil Fuel Projects

Dec 14, 2020

UK Prime Minister Boris Johnson said over the weekend the government would end direct support for the fossil fuel energy sector overseas.In what the PM office said was a major policy shift, the UK will end taxpayer support for fossil fuel projects overseas 'as soon as possible…

Lundin Gets OK to Use Rowan Viking Rig at Edvard Grieg Field

Dec 14, 2020

Swedish oil company Lundin, focused on oil and gas operations in Norway, has obtained regulatory consent to used the Rowan Viking jack-up rig on the Edvard Grieg offshore field.The consent, granted last week by the Petroleum Safety Authority Norway…

US Defense Bill Affirms Jones Act Applies to Offshore Wind

Dec 11, 2020

The U.S. Senate on Friday passed the National Defense Authorization Act (NDAA) for fiscal year 2021, a massive $741 billion defense bill setting policy for the Pentagon. Importantly for the U.S. offshore and maritime industries, the bill includes…

Report: EU to Toughen Sanctions on Turkish Offshore Drilling in Contested Waters

Dec 09, 2020

The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.If agreed…

East Med Dispute: Turkey Won't Bow to Threats, Erdogan Says as EU Considers Sanctions

Dec 07, 2020

Turkey will not bow to threats in its dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean, President Tayyip Erdogan said on Monday as European Union foreign ministers met in Brussels to discuss the issue.But Erdogan…

Current News

Shell Accelerating Renewables Push in Germany

Shell Accelerating Renewables Push in Germany

Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'

Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'

Borr Drilling Expects Demand for Modern Jack-Up Rigs to Grow

Borr Drilling Expects Demand for Modern Jack-Up Rigs to Grow

Eni Officially Enters Giant Offshore Wind Project in UK

Eni Officially Enters Giant Offshore Wind Project in UK

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