Offshore Regulations

Climate Activists Lose Court Case against UK Oil and Gas Authority

Jan 18, 2022

A UK High Court on Tuesday threw out a case brought by climate activists against the country's oil and gas regulator OGA, rejecting their argument that the OGA's actions amount to a type of unlawful subsidy of the fossil fuel sector.The ruling…

APA 2021: Norway Offers Offshore Acreage to 28 Oil Firms

Jan 18, 2022

Norway has offered 28 companies ownership interests in a total of 53 offshore oil and gas production licences on the Norwegian Shelf in the Awards in Predefined Areas (APA) 2021.Awards in predefined areas (APA) is an annual exploration round in the most mature areas on the Norwegian shelf…

Russia Urges Germany and EU Not to Delay Nord Stream 2

Jan 18, 2022

Russia on Monday urged Germany and the European Union not to drag its feet over certification of the Nord Stream 2 gas pipeline, which has become a focal point in political disputes between Moscow and the West.The pipeline to Germany would double…

Floating Energy Allyance Secures Rights to Build 1GW Floating Wind Farm Off Scotland

Jan 17, 2022

The Floating Energy Allyance, comprising of BW Ideol, Elicio, and BayWa r.e. has secured the rights to develop a floating offshore wind farm with an approximate capacity of 1GW off the northeast coast of Scotland through Crown Estate Scotland’s ScotWind leasing round…

ScotWind: BP, EnBW Win Bid to Build 2.9GW Morven Offshore Wind Farm

Jan 17, 2022

BP and EnBW have been awarded a lease option off the east coast of Scotland to develop a major offshore wind project — to be named Morven. The award was made in the highly competitive ScotWind leasing round, the results of which were announced by Crown Estate Scotland today…

Senator Cruz's Nord Stream 2 Sanctions Bill Fails in U.S. Senate

Jan 14, 2022

The U.S. Senate on Thursday failed to pass a bill to slap sanctions on Russia's Nord Stream 2 natural gas pipeline sponsored by Republican Senator Ted Cruz, a day after Democrats unveiled their own legislation.The tally was 55 in favor and 44 against the bill that needed 60 votes to pass…

Romania to Revise Tax Seen Blocking Black Sea Gas Investment

Jan 14, 2022

Romania's offshore gas tax that has held up big projects in the Black Sea is set to be revised by the first half of this year after repeated delays, Energy Minister Virgil Popescu said, paving the way for investment.The tax on offshore projects…

Shell Seismic Survey Approval Complied with Rules, S.Africa Minister Says

Jan 13, 2022

Shell's plan for seismic testing on South Africa's Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country's energy minister said in a letter to parliament…

U.S. Senate Set to Vote on Cruz's Nord Stream 2 Pipeline Sanctions Bill

Jan 13, 2022

The U.S. Senate will vote on Thursday on a bill being pushed by Republican Ted Cruz to slap sanctions on the Nord Stream 2 natural gas pipeline in Europe, although it is not expected to garner enough support to pass.The bill is scheduled for a vote at around 2:45 p…

U.S. Gulf of Mexico Offers Tremendous Advantages for CCUS, But Regulatory Support Required, NOIA Says

Jan 12, 2022

The U.S. National Ocean Industries Association (NOIA) on Wednesday released the policy paper, Carbon Capture, Use, & Storage: An Economic, Employment, & Climate Opportunity for the U.S Offshore Region, where it says that while the U.S. Gulf…

Sanctions on Nord Stream 2 Could Harm Relations with Germany, U.S. Senators Say

Jan 11, 2022

Several Democratic U.S. senators said late on Monday, after meeting with Biden administration officials, that they believe sanctions on Russia's Nord Stream 2 pipeline backed by Republican Senator Ted Cruz could harm relations with Germany.Under…

Eni Wins Five Oil and Gas Exploration Blocks in Egpyt

Jan 10, 2022

Italian oil and gas firm Eni said Monday it had won five new exploration licenses in Egypt, granted by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the participation…

Germany: SPD Official Defends Pro-Nord Stream 2 Policy

Jan 10, 2022

The Nord Stream 2 pipeline to bring Russian gas to Germany should not be mixed up with political and human rights disputes with Moscow, a senior official from the Social Democratic Party (SPD) that leads Germany's coalition government told Reuters…

Mexico: Attorney General Seeks Up To 39 years Prison for ex-Pemex Boss

Jan 06, 2022

Mexico's attorney general has requested a prison sentence of up to 39 years for the former chief executive of state oil company Petroleos Mexicanos (Pemex) for his role in a corruption scandal, two judicial sources said on Wednesday.Emilio Lozoya…

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