Offshore Regulations - page 6


PM Solberg: Industry Has the Power to Transform

Jun 12, 2019

Norwegian Prime Minister Erna Solberg underlined her and the government’s support for the offshore oil and gas industry, especially the subsea industry, in a keynote speech and visit to this year’s Underwater Technology Conference in her home town…

US Considering Sanctions Over Nord Stream 2

Jun 12, 2019

President Donald Trump said on Wednesday he was considering sanctions over Russia's Nord Stream 2 natural gas pipeline project -- which the United States has told European companies to avoid -- and warned Germany against being dependent on Russia for the fuel…

Lawmakers Want UK to Stop Funding Fossil Fuel Projects Abroad

Jun 10, 2019

Britain must stop financing fossil fuel projects abroad by 2021 as it undermines the nation's efforts to combat climate change, a report by lawmakers said on Monday.The report, which targets financial support provided by the UK Export Finance (UKEF) agency…

Israel Extends Exploration Tender Deadline

Jun 06, 2019

Israel on Thursday extended its tender by a month to grant new licenses for offshore oil and natural gas exploration.The deadline for bids was due by June 17 but the Energy Ministry extended it until July 15, with the winners to be announced on August 12…

Angola Could Reap from New Policy Regime

Jun 06, 2019

Angola, sub-Saharan Africa’s second largest oil producer after Nigeria, is optimistic the new fiscal and regulatory regime now in place would translate into a reversal of the country’s declining oil output and attract more private investment…

UK O&G Addressing Climate Concerns

Jun 04, 2019

The role of the UK’s offshore oil and gas industry in enabling the country’s transition to a lower carbon future was underlined at an industry conference in Aberdeen on Tuesday.More than 400 delegates from across the sector attended OGUK’s Industry…

US FTC Approves Oxy's Bid for Anadarko

Jun 04, 2019

Oil and gas producer Occidental Petroleum Corp said on Tuesday the U.S. Federal Trade Commission has granted approval for its proposed $38 billion deal to buy Anadarko Petroleum Corp.The waiting period required for companies under the Hart-Scott…

Capricorn to Drill Lynghaug Prospect

Jun 04, 2019

Norway's Petroleum Safety Authority has given the green light to Cairn subsidiary Capricorn Norge to drill a well in block 6508/1 in the Norwegian Sea.The consent applies to the drilling of exploration well 6508/1-3 in a prospect named Lynghaug…

UK Awards 37 Offshore Licence Areas

Jun 04, 2019

Thirty companies have acquired acreage in the UK 31st Offshore Licensing Round, the country’s Oil and Gas Authority (OGA) announced on Tuesday.In all, 37 licence areas were awarded over 141 blocks or part-blocks to a broad spectrum of companies…

Senegal: Opposition Wants BP Gas Deal Probe

Jun 03, 2019

A group of opposition politicians in Senegal called on Monday for an investigation of the history of two major offshore gas blocks run by BP after a report alleging fraud involving President Macky Sall's brother Aliou Sall.The British Broadcasting…

Asian Choices: Canadian 'Climate' or US 'Freedom' Gas

Jun 03, 2019

Canada — with its abundance of petroleum — has been surprisingly slow exporting gas anywhere other than across the border to the United States.Now, Ottawa is supporting Canada’s first export projects for liquefied natural gas (LNG) with more than words…

Brazil Approves Petrobras Oilfields Sale

May 31, 2019

Brazilian antitrust regulator Cade has approved the purchase by independent oil firm PetroReconcavo of 34 oilfields owned by Petroleo Brasileiro SA , the government's official bulletin showed on Friday.Cade said the sale did not reduce competition…

South Africa Approves Azinam Offshore Farm-in

May 30, 2019

South Africa continues to make progress in its endeavor to woo increased investment in the country’s highly under-developed offshore oil and gas market as the government’s slow and delayed plan to make cuts on crude oil imports begins to take shape…

Norway Sets Deadline for Mature Area Licenses

May 29, 2019

Norway has asked oil firms to apply for exploration blocks in its so-called mature areas licensing round by August 27, with up to 90 blocks on offer, the Ministry of Oil and Energy said.In March, the ministry announced the predefined areas (APA) licensing round for 2019…

Total, ENI Awarded Blocks off Ivory Coast

May 24, 2019

Ivory Coast has awarded four new offshore oil and gas blocks, two to France's Total and two to Italy's ENI, government spokesman Sidi Toure said on Wednesday.Ivory Coast, the world's top cocoa producer, is seeking to develop it long-neglected oil sector…

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Magazine

Offshore Engineer (Nov/Dec 2019)

This issue of Offshore Engineer is dedicated to Exploration Outlook

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