Offshore Regulations - page 40


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…

Israel, Lebanon Resume Mediterranean Sea Border Talks

Nov 13, 2020

Israel and Lebanon resumed U.S.-mediated talks on Wednesday on a dispute about their Mediterranean Sea border that has held up hydrocarbon exploration in the potentially gas-rich area, the Israeli energy minister, and Lebanon’s state news agency said…

UK Fraud Office Secures Assets Linked to Brazilian Bribery Scandal

Nov 13, 2020

The UK Serious Fraud Office (SFO) said on Thursday it had secured just under 1.2 million pounds ($1.6 million) from a Brazilian national implicated in Brazil's 'Operation Car Wash', the country's biggest bribery investigation that began in 2014…

Japan to Introduce Tax Breaks, Fund to Support Zero-carbon Goal

Nov 13, 2020

Japan plans to introduce tax incentives and create a research fund to support so-called green investment, as the government pushes to meet a target of carbon-neutrality announced earlier this month, the Nikkei newspaper reported.The government…

Vineyard Wind Facing More Permit Delays

Nov 12, 2020

A federal agency said on Thursday it has again delayed a long-awaited environmental study crucial to permitting the first major U.S. offshore wind project, but final approval of the project is expected by mid-January.The study of the 800-megawatt…

Sanctions on Nord Stream 2 Pipeline Included in Annual U.S. Defense Bill

Nov 12, 2020

Sanctions that could hinder one of Moscow's most important projects in Europe, the Nord Stream 2 natural gas pipeline, have been included in the annual U.S. defense policy bill, two congressional aides said on Wednesday.The sanctions in the…

Nigeria Case Against JP Morgan over OPL 245 Offshore Oil Deal to Go to Trial

Nov 12, 2020

A lawsuit launched by the Nigerian government against U.S. bank JP Morgan Chase, claiming over $1.7 billion for its role in a disputed 2011 oilfield deal, will proceed to trial, London's high court ruled on Thursday.The suit filed in the English…

Ghana Tells Eni, Springfield to Unitize Offshore Oil Fields

Nov 12, 2020

Ghana has imposed terms and conditions for Italian major ENI and Ghanaian operator Springfield E&P to combine their adjacent oil and gas fields, after the parties failed to reach an agreement, according to a letter from the energy ministry.The Oct…

Norway Looking to Divest Stakes in Four Aker Firms

Nov 10, 2020

The Norwegian government is seeking approval from parliament to divest the state's stakes in Aker Solutions, Akastor, Aker Offshore Wind and Aker Carbon Capture, the industry ministry said on Tuesday.'We are in no hurry to sell the government's…

Biden Expected to Roll Back Trump's Offshore Energy Rollbacks

Nov 09, 2020

Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.Trump’s…

Woodmac: Five Effects of a Biden Administration on US Energy

Nov 09, 2020

Joe Biden offered American voters a radically different vision of energy policy from President Donald Trump, focused on addressing the threat of climate change.He will enter the White House with a goal of setting the US on course for net zero…

Op/Ed: Candidates Should Not Ignore Offshore Safety Advances

Oct 30, 2020

The American Gulf of Mexico is home to impressive industry and even more incredible beauty. Every day, fishermen, conservationists, tour guides, canal and port dredgers, offshore oil and gas workers and countless others go to work in and around the Gulf of Mexico…

Denmark to Host Talks on Hesselø Offshore Wind Farm Tender

Oct 29, 2020

Danish Energy Agency and Energinet will host a market dialogue for potential tenderers and the industry on the coming Hesselø Offshore Wind Farm tender. Hesselø Offshore Wind Farm is the second offshore wind farm agreed in the Energy Agreement of June 2018…

Israel, Lebanon Hold Second Round of Sea Border Talks

Oct 28, 2020

Israel and Lebanon on Wednesday held a second round of U.S.-mediated talks over their disputed sea border that has held up hydrocarbon exploration in the potentially gas-rich area, though sources said gaps between the sides remain large.Delegations from the long-time foes reconvened at a U…

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