Legal News


More Activists Climb BP Rig After Arrests

Jun 14, 2019

Greenpeace activists climbed back on a drilling rig on Friday to keep it from heading to a BP oilfield in the British North Sea, hours after police removed protesters who had boarded the vessel days earlier.On Thursday night police removed and…

Trump Administration Sued Over Offshore Rule Changes

Jun 12, 2019

A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department's rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP Deepwater Horizon oil spill…

Prosecutors Probe Senegal Energy Contracts

Jun 10, 2019

Senegal's justice ministry asked prosecutors on Monday to launch an inquiry into the country's energy contracts after a report alleged that the president's brother was involved in fraud related to two offshore gas blocks being developed by BP…

Buss Forms French Offshore JV with IDEA

Jun 07, 2019

German-based Buss Offshore Solutions and French industrial logistics firm IDEA have formed a joint venture to target the French offshore wind market.The JV follows the signing of a declaration of intent  in September 2018. The two companies named the JV as Buss IDEA Offshore…

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…

Icahn Sues Oxy Over 'Misguided' Anadarko Deal

May 30, 2019

Occidental Petroleum Corp 's activist investor Carl Icahn has filed a lawsuit against the company over what it called its 'misguided' pact to buy Anadarko Petroleum Corp, and may seek a special meeting to remove and replace board members.The lawsuit…

Mexico Punishes Former Pemex CEO

May 23, 2019

Mexico's government has punished the former chief executive of state oil firm Petroleos Mexicanos for misuse of public funds in the purchase of fertilizer business Fertinal, according to three people with knowledge of the matter.The Public Administration…

Pacific Radiance Wins Case Against Chinese Yard

May 23, 2019

Singapore-based offshore vessel operator Pacific Radiance has won an arbitration award against a Chinese shipyard in a case involving two cancelled platform supply vessels (PSVs).The arbitral award provides for the refund of the pre-delivery instalment amounting to $2…

Brookfield Eyes TeeKay Offshore Partners

May 20, 2019

Canada-based Brookfield Business Partners has made an offer to purchase the publicly traded units of Teekay Offshore Partners (TOP), midstream services provider to the offshore oil production industry,  that it doesn't already own.The offer was for $1…

Nord Stream 2 Launch Facing Delays

May 17, 2019

Russia's Nord Stream 2 gas pipeline project to Germany may launch in 2020, rather than the end of 2019, due to delays in obtaining permits from Denmark, Interfax news agency on Friday quoted Nord Stream 2 AG as saying.The Russian-led company…

EnscoRowan Wins Arbitration Against SHI

May 17, 2019

Offshore drilling services provider EnscoRowan announced that an arbitration tribunal has awarded it $180 million in damages in its proceedings against South Korean shipbuilder Samsung Heavy Industries (SHI).Further, the company will be claiming…

Bristow Files for Chapter 11 Bankruptcy

May 15, 2019

Offshore helicopter services provider Bristow Group filed for chapter 11 bankruptcy protection after reaching a deal with senior bondholders on a plan to slash its debt load.The struggling Houston-based helicopter operator for offshore oil and…

Weatherford to File for Bankruptcy

May 13, 2019

Irish-domiciled multinational oil and natural gas service company Weatherford International has entered into an agreement with its top creditors that will allow the company to file for a 'prepackaged' Chapter 11 bankruptcy - after more than four years without making a profit…

Occidental Agrees to Sell Anadarko Assets to Total

May 06, 2019

Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria…

Wintershall, DEA Complete Merger

May 03, 2019

The merger between oil and gas firms Wintershall Holding GmbH and Deutsche Erdoel AG (DEA) has been completed, creating the largest independent exploration and production company in Europe.Wintershall DEA will be headquartered in Hamburg, with activities across Europe…

Current News

Eni Buys Exmar's Tango FLNG for Use in the Congo

Russia Ups Stakes in Sakhalin Energy Standoff in Sanctions Retaliation

SBM Orders Seventh Fast4Ward Hull

Equinor Makes Move on Rosebank

Subscribe for OE Digital E‑News