Offshore Regulations - page 4

 

Australia Steps Up Its Renewable Energy Game with Proposed Offshore Wind Zone

Feb 24, 2023

The federal government of Australia has opened a consultation on a new offshore wind zone in the Pacific Ocean off the Hunter, a region of New South Wales, Australia.The government said that the proposed offshore wind area, which sits alongside the Hunter…

Blue Gem Wind JV Gets Marine License for Wales' First Floating Wind Farm

Feb 23, 2023

French energy major TotalEnergies, in partnership with Simply Blue Group, has secured a marine license for the 100MW Erebus project, Wales' first planned floating wind farm.The project is owned by Blue Gem Wind, the joint venture between TotalEnergies and Simply Blue Group…

Denmark to Issue Tenders for 9 GW of Offshore Wind in 2023; May Review Suspended Applications

Feb 22, 2023

Denmark will issue public tenders for offshore wind projects this year and may resume reviewing applications that had been suspended over worries of breaching European Union state aid law, the country's energy minister said on Tuesday. The Nordic country…

Vietnam to Further Delay Rules for Multi-billion-dollar Offshore Wind Power

Feb 16, 2023

Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector. Vietnam has big offshore wind power potential…

Australia: Court Quashes Ex-PM's Decision to Block Offshore Gas Project

Feb 16, 2023

An Australian court on Tuesday overturned a controversial decision by the previous prime minister to block a gas exploration project off the country's east coast, opening the door for the project to be reconsidered.The Federal Court quashed…

Petronas Units in Luxembourg Seized Again in $15B Arbitration Dispute

Feb 16, 2023

Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following a bid by descendants of a former sultanate to enforce a $15-billion award they had won against Malaysia, according to the heirs' lawyer and court documents seen by Reuters…

Japan's Inpex Wins Two Offshore Blocks in Malaysia

Feb 16, 2023

Japan's oil and gas company Inpex has executed Production Sharing Contracts (PSC) for two offshore blocks in Malaysia.Inpex executed the contracts with Petronas, Petronas Carigali Sdn. Bhd. (PCSB) and Petroleum Sarawak Exploration & Production Sdn…

Guyana to Complete New Oil Contract Model by Q2 as Offshore Auction Looms

Feb 15, 2023

Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged…

Tullow Oil's Ghana Unit Files for Arbitration on Tax Dispute

Feb 14, 2023

Tullow Oil said on Tuesday its Ghana unit filed for arbitration in London over two tax assessments the West Africa-focused oil producer received from local authorities.The tax assessments Tullow disputes amount to $387 million relating to a period from 2010 to 2020…

Denmark Suspends Reviewing Offshore Wind Projects over Possible EU Law Conflict

Feb 08, 2023

The Danish Energy Agency has suspended reviewing existing and new applications to install new wind farms and other renewable energy projects in the country over a potential conflict with European Union law, it said in a statement late on Monday…

Trinidad's Energy Minister to Start Talks on Offshore Gas Deal in Caracas

Feb 07, 2023

Trinidad and Tobago's energy minister met Venezuelan officials on Monday, according to Venezuela's state media, the first high-level visit since the United States last month greenlighted the joint development of a key offshore gas project. The…

Brazil Govt Will Promote Recovery in Shipbuilding, Oil & Gas, President Lula Says

Feb 07, 2023

Brazilian President Luiz Inacio Lula da Silva said on Monday his government would promote recovery in the country's shipbuilding and oil and gas sectors, with more investment from state-run oil firm Petrobras SA  and development bank BNDES. 'Petrobras…

U.S. Major ExxonMobil Faces $220M Tax Claim from Russia

Jan 31, 2023

The Russian General Prosecutor's Office is asking a court to recover 15.5 billion roubles ($220 million) in allegedly unpaid taxes from U.S. oil major ExxonMobil , local news agencies TASS and Interfax reported on Tuesday citing court documents…

Mexican Energy Firms Lag Methane Emission Rules, Investigators say

Jan 27, 2023

Mexican oil and gas companies, including state giant Pemex, are lagging behind on their obligations to identify, report and mitigate methane emissions from their installations, an investigation by a group of non-profits found.Methane, a potent greenhouse gas that traps heat in the atmosphere…

Portugal to Launch First Offshore Wind Auction, Eyes 10 GW by 2030

Jan 24, 2023

Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday. As a pre-condition to the auction…

Current News

MSC 107: MODU Code Revised to Improve Asbestos Safety

MSC 107: MODU Code Revised to Improve Asbestos Safety

TurkStream Pipeline Back in Operation After Planned Maintenance

TurkStream Pipeline Back in Operation After Planned Maintenance

More than 900 Norway Offshore Drilling Workers May Strike from June 29

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Subscribe for OE Digital E‑News

Offshore Engineer Magazine