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New England States Move Forward with Three Giant Offshore Wind Farms

Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes… [...]

Subsea7 Reveals it is Supporting Shell's Vito Waterflood Project

Subsea7 in August announced it was awarded a 'sizable' contract, worth between $50 million and $150 million, to perform engineering, procurement, construction, and… [...]

Norway Attracts 21 Bidders in Latest Oil and Gas Exploration Round

Norway's offshore exploration licensing round in mature areas, launched in May 2024, has attracted bids from 21 firms, including Shell, ConocoPhillips, Equinor, Aker BP and TotalEnergies… [...]

EU Grants Over $20M for Pilot Wave Energy Farm Offshore Portugal

The Ondas de Peniche (ONDEP) project has been awarded $21 million (€19 million) from the EU’s Horizon Europe funding program to deploy a 2 MW wave energy array featuring… [...]

Seatrium Hires KBR on Topsides Job for FPSOs Bound for Petrobras Brazil Fields

U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units… [...]

An Overview of the First Draft of the Multilateral Instrument on ISDS Reform

Since 2019, a multilateral instrument on investor-State dispute settlement (“ISDS”) reform (“MIIR”) has been under discussion by UNCITRAL Working Group III (“WGIII”) as a potential mechanism for implementing a suite [...]

Arbitration Tech Toolbox: Emotion AI: A Game-Changer for Efficiency and Due Process in International Arbitration?

Emotion AI, also known as affective computing, is a specialized field within artificial intelligence that recognizes and interprets human emotions. This is primarily achieved through analyzing facial expressions, voice patterns, [...]

An Arbitrator’s Reasonable Apprehension of Bias: Business Relationships Do Not ‘Always’ Create One According to Ontario’s SCJ

On 11 April 2024, the Ontario Superior Court of Justice (“Court”) issued its decision in Ballantry Construction Management Inc. v GR (CAN) Investment Co. Ltd., arising from an application to enforce [...]

2019 Hague Convention: On UK Accession and the Convention’s Interplay with International Arbitration

On 27 June 2024, the United Kingdom (“UK”) ratified the Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (“2019 Hague [...]

The Arbitrability of IP Disputes: A Concern of the Past?

Intellectual property (“IP“) rights are becoming increasingly valuable assets for businesses, especially for sectors like technology and life sciences. These rights can be key to a business’ success. While IP [...]

US sanctions appear to be deterring buyers, satellite images and ship-tracking data suggest [...]

Lenders including US hedge fund Elliott in talks over back-up plan as UK’s largest utility struggles to raise equity [...]

Members of group were set to unwind voluntary cuts from October but prices remain close to lows this year [...]

A new study raises concerns over the oil and gas industry’s influence on higher education [...]

Companies can expect higher borrowing costs as investors demand larger premium [...]

First ever US multistate offshore wind tender hands 3GW to Iberdrola, CIP and Ocean Winds

Developers to advance major projects but round falls short of 6.8GW on offer [...]

US gives key OK for 15GW floating wind area in Gulf of Maine

Go-ahead allows upcoming leasing round to go forward to meet growing demand from New England state [...]

'UK eyes ditching offshore wind target' after lacklustre green auction

Latest renewable energy round helped get offshore wind sector moving again but left Labour adrift of its 2030 target [...]

Record UK curtailment payout hands critics stick to beat wind power

Industry experts say solutions such as grid build-out needed, but warn that climate sceptics are using data to back up 'flawed arguments' [...]

Shell-EDF JV and regulator clash over costs of flagship US offshore wind transmission plan

State regulator and JV behind 1.5GW Atlantic Shores project spar over 'just and reasonable' compensation for $1bn onshore link amid political risk [...]