Offshore Regulations

Strike Could Hit Norway's Gas Exports, Close Offshore Fields

Nov 27, 2020

A key export terminal for Norwegian natural gas will close down on Saturday if a labour strike goes ahead as planned, resulting in a reduction of supplies to Europe, gas system operator Gassco said on Friday, sending prices sharply higher.The…

Guyana: CGX, Partners Get More Time to Drill Corentyne Block Well

Nov 27, 2020

Oil and gas company CGX, the operator of the Corentyne offshore block in Guyana, has, with its partners been given more time to drill a well in the block.Frontera Energy Corporation, a CGX partner in the Corentyne block, said Friday that, following…

Norway: Around 260 Schlumberger Workers Set to Strike over Pay

Nov 26, 2020

Some 262 oil service workers at Schlumberger's Norwegian subsidiary plan to go on strike from Dec. 3 if negotiations with employers over pay and working conditions fail, the Safe trade union said on Thursday.The negotiations cover drillers, well service crews…

DNV GL Suspends Nord Stream 2 Pipeline Work for Fear of U.S. Sanctions

Nov 26, 2020

Norway's risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States, it said on Thursday.Nord Stream 2 runs alongside…

Australia: Melbana Energy Expands Offshore Acreage Near Beehive Prospect

Nov 26, 2020

Australian oil and gas Melbana Energy has been awarded two additional petroleum exploration permits offshore northern Australia, near the license containing the Beehive prospect.The application was made for the permit areas, designated as WA-544-P and NT/P87…

Turkey Extends Seismic Survey in Contested Waters in Eastern Mediterranean

Nov 23, 2020

Turkey said it was extending the seismic survey work being carried out by its Oruc Reis ship in a disputed part of the eastern Mediterranean until Nov. 29, a move that could add to tensions in the region.NATO members Turkey and Greece are locked…

BW Offshore, New Zealand Gov't Reach Umuroa FPSO Settlement

Nov 20, 2020

FPSO operator BW Offshore has reached a settlement with the New Zealand government over the FPSO Umuroa, which has been stuck at the Tui field, around 50 kilometers off the coast of Taranaki, for months.BW Offshore has been unable to remove…

US Moves to Loosen Safety Rules for Arctic Offshore Drilling

Nov 19, 2020

The Trump administration on Thursday proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska to ease the way for petroleum extraction in the region, an effort that President-elect Joe Biden will likely throw out once in office…

Norway to Offer 136 New Offshore Exploration Blocks in Barents Sea Push

Nov 19, 2020

Norway will offer oil firms exploration blocks in nine frontier areas in its latest licensing round, including eight regions of the Arctic Barents Sea and one in the Norwegian Sea, the Ministry of Petroleum and Energy and the Petroleum Directorate (NPD) said on Thursday…

Last Offshore Oil Auction Under Trump Shows Gulf of Mexico's 'Long future' - Officials

Nov 19, 2020

The Trump administration's final sale of oil and gas leases in the Gulf of Mexico generated nearly $121 million in high bids on Wednesday, an improvement from the last government auction held just as the coronavirus pandemic was beginning to depress world demand for fuel…

Last U.S. Offshore Oil Lease Under Trump to Test Industry Demand

Nov 18, 2020

The Trump administration on Wednesday will offer all available areas in the Gulf of Mexico for auction to oil and gas companies in its final offshore sale before the January inauguration of President-elect Joe Biden, a Democrat who has pledged to ban new drilling on federal lands and waters…

Total, Jadestone Relinquish SC56 Offshore Block in The Philippines

Nov 18, 2020

Asia Pacific-focused oil and gas firm Jadestone Energy on Wednesday announced the voluntary relinquishment and termination of Service Contract 56 ('SC56'), offshore the Philippines. Oil and gas giant Total, the operator of the block, also relinquished its interest…

Nigerian Long Delayed Oil Reform Bill to Pass 'Within Six Months'

Nov 18, 2020

Nigeria's House of Representatives will pass a long-delayed oil reform bill within six months, its speaker said on Tuesday, potentially paving the way for an overhaul of laws governing the country's oil and gas industry.The reforms have been…

U.S. BOEM to Hold First 2021 Offshore Oil and Gas Lease Sale in March

Nov 17, 2020

Bureau of Ocean Energy Management (BOEM), a Department of Interior agency responsible for the management of offshore energy leases, has picked March 2021 for the first U.S. Gulf of Mexico lease sale next year.BOEM will offer 78.2 million acres for a region-wide Gulf of Mexico lease sale…

Current News

Mozambique Unaware of Total, Exxon Offshore Resource Sharing Talks

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

Strike Could Hit Norway's Gas Exports, Close Offshore Fields

Piriou Designs New Cable Layer

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