Offshore Regulations - page 4

Germany Grants Awards for 900-megawatt Offshore Wind Nordseecluster B to RWE

Aug 10, 2023

The German Federal Network Agency today announced that RWE has been granted awards for Nordseecluster B. This involves the N-3.6 and N-3.5 sites in the German North Sea, on which RWE plans to develop, build, and operate two wind farms with a total capacity of 900 megawatts (MW)…

Tullow's Gabon Licenses Extended to 2046

Aug 09, 2023

Oil and gas firm Tullow said Wednesday it had received approval from the Government of Gabon for the extension of several of its Gabon licences to 2046.'The license extensions increase the value of Tullow's resource base through the addition of c…

Britain Boosts Latest Renewable Power Subsidy Round by 22 Million Pounds

Aug 03, 2023

Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.The move comes after Britain’s…

North Sea Oil Field Receives Regulatory Nod

Aug 03, 2023

Anasuria Hibiscus UK Limited, a UK-subsidiary of the Malaysian oil firm Hibiscus Petroleum has received a Development and Production Works Consent to a Field Development Plan (“FDP”) for the Teal West field in the UK North Sea.The consent was granted by the UK energy industry regulator…

Prime Minister Sunak Defends Britain's Climate Record

Aug 02, 2023

British Prime Minister Rishi Sunak defended his government's policies on the environment on Wednesday after campaigners criticized them, saying its record on cutting carbon emissions is better than other major countries.Britain adopted the target…

Have Your Say: Irish Gov't Invites Views on South Coast Offshore Wind Projects

Aug 02, 2023

The Irish government has launched a public information and engagement period seeking the views of local South Coast communities to help determine where future offshore wind energy developments may take place. This follows the publication of…

Iran Says Will Pursue Rights over Durra Offshore Gas Field

Jul 31, 2023

Iran will pursue its rights over the Durra/Arash field if other parties shun cooperation, the country's Oil Minister Javad Owji said on Sunday, according to the Oil Ministry's SHANA news agency. 'If there is no willingness to cooperate, Iran will pursue its rights and benefits…

UK to Grant Over 100 North Sea Oil and Gas Licenses

Jul 31, 2023

Britain will grant more than 100 new oil and gas licences in the North Sea as part of efforts to tap domestic supplies and become more energy independent, the government said on Monday. Prime Minister Rishi Sunak said the move was compliant with the government's environmental targets…

Guyana Extends Offshore Oil Block Bids Deadline to Attract New Explorers

Jul 28, 2023

Guyana extended to Sept. 12 a deadline for companies to submit bids for its first competitive auction of oil blocks, the government said in a statement on Wednesday.The South American nation has delayed the offer of 14 offshore blocks four times before…

TotalEnergies Defends Price Paid for German Offshore Wind Lease

Jul 28, 2023

French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month, despite industry criticism, CEO Patrick Pouyanne said on Thursday while presenting second-quarter results.'In Germany…

Venezuela Expects to Sign Gas Licenses by Year-end, Oil Minister Says

Jul 24, 2023

Venezuelan expects to sign licenses by year-end for developing the nation's vast natural gas reserves, oil minister Pedro Tellechea said on Friday, even amid U.S. sanctions.Most of the South American country's gas reserves remain undeveloped after decades of insufficient investment…

Kistos Wins Appeal, Secures 5-Year Extension for North Sea License

Jul 21, 2023

Oil and gas company Kistos said Friday that its appeal against the Netherlands Ministry of Economic Affairs' decision not to extend the term of the M10/M11 offshore license had been successful.'This ruling is effective immediately and the licence is extended by five years…

US Announces First Offshore Wind Rights Sale in Gulf of Mexico

Jul 20, 2023

The United States announced the first offshore wind power development rights sale in the Gulf of Mexico on Thursday, which President Joe Biden will discuss during a trip to highlight the administration's efforts to boost renewable energy.In February…

Four Groups Bid in Israel Offshore Gas Exploration Tender

Jul 17, 2023

Four groups of companies have made bids in Israel's latest tender for offshore hydrocarbon exploration, the Energy Ministry said on Sunday.The ministry said the groups include a total of nine companies, five of which were new to the Israeli market…

Biden Admin Urged to Stop 'fast-tracking' Gulf Oil and Gas Reviews

Jul 13, 2023

Six environmental groups on Wednesday asked the Biden administration to end the 'routine fast-tracking' of offshore oil and gas projects in the Gulf of Mexico, which they claim undermines environmental protections and safety.Earthjustice, the Sierra Club…

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