Offshore Regulations - page 33


Merkel Ally Calls for Moratorium on Nord Stream 2 Construction

Apr 01, 2021

Germany's coordinator for transatlantic relations called on Wednesday for a moratorium on the construction of the Nord Stream 2 natural gas pipeline from Russia to Europe, breaking ranks with many in Chancellor Angela Merkel's government.The United States is opposed to the project…

US Jobs from US Offshore Energy: A Goal 44 Years in the Making

Mar 31, 2021

I have a good friend named John Guste. He and his wife grew up in the same neighborhood as my wife, they all went to college together, and now our kids are friends. As a doctor, I’m sure he has little concern with the messy, yet mundane, intricacies of offshore energy and maritime policy…

Tower Resources Gets License Term Extension in Cameroon

Mar 31, 2021

Africa-focused oil firm Tower Resources has received an extension of the first exploration period at its Thali license offshore Cameroon.It said Wednesday that the Government of the Republic of Cameroon had notified its subsidiary in Cameroon…

US Targets 30GW of Offshore Wind by 2030, 110GW by 2050

Mar 30, 2021

On Monday, March 29, the White House announced a government-wide effort to advance offshore wind, including 30 gigawatts (GW) of offshore wind by 2030, 110GW of U.S. offshore wind by 2050 and the development of a sustainable local offshore wind supply chain…

Report: Talos, Pemex Yet to Reach Deal on Giant Offshore Oil Discovery

Mar 26, 2021

No deal has yet been reached on the future of a lucrative shared oil deposit as a deadline expired on Thursday, but Mexican state-run Pemex and Talos Energy will keep talking, three sources with direct knowledge of the matter told Reuters.How…

Eni's Request to Settle Congo Republic Oil Probe Accepted by Judge in Italy

Mar 25, 2021

An Italian judge accepted on Thursday a request filed by energy group Eni with prosecutors to pay 11.8 million euros ($14 million) to settle an investigation into oil permits in Congo Republic.'Eni reiterates that is pleased that the Milan Court…

Fourteen US States Sue Biden Administration Over Oil and Gas Leasing Pause

Mar 24, 2021

Fourteen U.S. states including Louisiana and Wyoming filed suits on Wednesday against President Joe Biden's administration to challenge his pause on new oil and gas leasing on federal lands and waters.The legal actions, which seek to restore regular federal drilling auctions…

UK's Crown Estate to Launch Floating Wind Leasing Round in Celtic Sea

Mar 24, 2021

Britain's Crown Estate said on Wednesday it would start work on producing a new leasing round for commercial-scale floating wind power projects in the Celtic Sea.Floating wind farms are an emerging technology with far higher costs than plants fixed to the seabed…

Germany's Greens Promise to Scrap Nord Stream 2 Pipeline After Election

Mar 22, 2021

Germany's Greens have enshrined in their election programme plans to abolish the contested Nord Stream 2 pipeline to ship Russian gas to Europe's biggest economy, creating a hurdle to a potential alliance with the conservatives.Chancellor Angela Merkel's conservatives…

Report: EU Stops Sanctions on Turkey Oil Execs

Mar 19, 2021

The European Union has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit…

U.S. Tells Firms Building Nord Stream 2 Pipeline to 'Immediately' Stop Work or Risk Sanctions

Mar 19, 2021

The U.S. State Department is tracking efforts to complete Russia's Nord Stream 2 natural gas pipeline and evaluating information on entities that appear to be involved, U.S. Secretary of State Antony Blinken said on Thursday.'Any entity involved in the Nord Stream 2 pipeline risks U…

Nigeria Disappointed as Shell, Eni Acquitted in Oil Block Bribery Case

Mar 17, 2021

The Nigerian government is disappointed with a Milan court's decision on Wednesday to acquit Royal Dutch Shell and Eni as well as several former and current managers of the groups in the oil industry's biggest corruption trial.“The Federal Republic…

Eni, Shell Acquitted in Nigerian Oil Block Graft Case

Mar 17, 2021

A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell along with a series of past and present managers including Eni Chief Executive Claudio Descalzi in the oil industry's biggest corruption scandal.The sentence, read out in court by judge Marco Tremolada…

Court Set to Issue Verdict on Nigerian Offshore Oil Field Corruption Case Involving Shell, Eni

Mar 17, 2021

A Milan court is due to issue a verdict on Wednesday in the oil industry's biggest corruption trial, a case centered around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell for $1.3 billion a decade ago.After more than three years of proceedings and 74 hearings…

Wintershall Dea Gets Approval for Norwegian Sea Appraisal Well

Mar 17, 2021

Oil company Wintershall Dea has obtained a drilling permit for the well 6406/3-10 A in the Norwegian Sea.The well will be drilled using Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig, after the completion of the drilling of…

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