Offshore Regulations - page 14

 

Israel Fast-tracks Lebanese Maritime Deal but Lawmaker Review Looms

Oct 12, 2022

Top Israeli ministers on Wednesday endorsed a U.S.-brokered deal to delineate a maritime border with Lebanon, paving the way for a potentially fractious two-week parliamentary review before it goes into force.Prime Minister Yair Lapid's security cabinet said the deal should be 'urgently' green-lit…

UK Moves to Limit Revenues of Low-carbon Energy Producers

Oct 12, 2022

Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billions of pounds for consumers.The 'Cost-Plus-Revenue Limit' forms part of a broader energy…

India Will Weigh What Russia Has to Offer on Sakhalin-1 Ownership Revamp

Oct 11, 2022

India maintains a 'healthy dialogue' with Russia and will look at what is offered following an announced ownership revamp to the Sakhalin-1 oil and gas project, Petroleum Minister Hardeep Singh Puri told Reuters.   Russia last week issued a…

Japan to Decide Steps on Sakhalin-1 in Consultation with Partners

Oct 11, 2022

Japan will decide what to do about the Sakhalin-1 oil and gas project in Russia's Far East in consultation with its partners as it reviews details of a decree by Moscow, Japanese industry minister Yasutoshi Nishimura said on Tuesday.Russia last…

UK: The Crown Estate Gives Update on Celtic Sea Floating Wind Seabed Leasing Process

Oct 10, 2022

The Crown Estate for England, Wales, and Northern Ireland has updated developers on the design of the tender process for seabed leasing for floating wind energy in the Celtic Sea. The Celtic Sea program is intended to provide 4GW of renewable energy capacity by 2035…

Mexico's Pemex Has No Record of Reporting Methane Leak from Offshore Oil Field

Oct 07, 2022

Pemex did not inform Mexico's environmental regulator of a methane leak from a key offshore oilfield in December, according to the state oil company's response to a freedom of information request, which confirmed an earlier Reuters report that the regulator had no record of the incident…

Australian Court to Hear Santos Barossa Offshore Drilling Appeal in November

Oct 06, 2022

Australia's Federal Court will hear an appeal by Santos Ltd on Nov. 15-16 seeking to resume drilling at its $3.6 billion Barossa gas project off northern Australia over the objections of Tiwi Island indigenous land owners. Chief Justice James…

Canada Releases Draft Guidance on New Oil and Gas Project Emissions

Oct 06, 2022

Canada has released draft guidelines on how new oil and gas projects should demonstrate 'best-in-class' greenhouse gas emissions performance, following up on a government announcement first made in April.The guidance, released late on Tuesday…

Exxon Working on Sakhalin-1 Exit

Oct 05, 2022

Exxon Mobil XOM.N is working with its partners on the U.S. company's exit from the Sakhalin-1 oilfield in eastern Russia, its head of upstream operations said on Tuesday. Production from the giant field, which Exxon operates and in which it owns a 30% stake…

UK Mustn't Spook Investors with Energy Reforms, SSE says

Oct 04, 2022

Britain must be careful not to spook investors with its energy reforms, so it can continue attracting funds for its transition to a cleaner future, the CEO of renewables and networks company SSE said on Monday.Britain has a target to install up to 50 gigawatts (GW) of offshore wind capacity by 2030…

Macron Aims to Make it Easier to Build Renewable Energy Projects in France

Sep 22, 2022

President Emmanuel Macron on Thursday said he will cut red tape to halve the time it takes in France to get renewable projects off the ground, stressing that was crucial at a time when Europe faces a serious energy crunch amid the war in Ukraine…

Australia Court Scraps Drilling Permit for Santos' $3.6B Barossa Offshore Gas Project

Sep 21, 2022

Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in what Santos called a 'disappointing' setback for the $3.6 billion project.Traditional…

Biden Administration Reinstates Bids From 2021 Gulf of Mexico Oil Auction

Sep 14, 2022

The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Biden’s new climate change and drug pricing law.The…

U.S. Customs Clarifies Foreign Vessel Scope For Offshore Wind Cable Installation

Sep 14, 2022

U.S. Customs and Border Protection clarified further the permissible foreign vessel scope of work for offshore wind cable installation in rulings issued on June 30, 2022, and September 2, 2022. In two instances – installation of cable protection…

Pemex Deepwater Gas Project Draws Rebuke from Mexico's Regulator

Sep 13, 2022

Mexico's oil regulator and state company Pemex are at odds over how to develop a deepwater natural gas project, eight people close to the matter said, threatening to stall a $1.5 billion energy venture.Officials at regulator National Hydrocarbons…

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