Offshore Regulations - page 32


U.S. Judge Annuls Gulf of Mexico Oil Auction Over Climate Impact

Jan 28, 2022

A federal judge invalidated the results of an oil and gas lease sale in the Gulf of Mexico on Thursday saying the Biden administration failed to properly account for the auction's climate change impact.The decision has cast uncertainty over the future of the U…

State Dept: Nord Stream 2 Will Not Move Forward if Russia Invades Ukraine

Jan 27, 2022

U.S. State Department spokesperson Ned Price said on Wednesday the Nord Stream 2 pipeline between Russia and Germany will not move forward if Russia invades Ukraine.'I want to be very clear: if Russia invades Ukraine one way or another, Nord Stream 2 will not move forward…

Malaysia Bid Round 2022: Petronas Offers Exploration Blocks, Discoveries, Late-life assets

Jan 27, 2022

Malaysia's state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and one cluster of late-life assets (LLA) in its annual bid exercise launched on Thursday.The…

Germany Signals it Could Halt Nord Stream 2 Pipeline if Russia Invades Ukraine

Jan 19, 2022

Germany signaled on Tuesday that it could halt the Nord Stream 2 pipeline from Russia if Moscow invades Ukraine, and Western nations rallied behind Kyiv over a Russian troop buildup that has stoked fears of war.Stepping up diplomacy after talks with Russia ended in stalemate last week…

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…

Current News

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Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

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