Offshore Regulations - page 2

 

Pemex Pushes for State Control Over Zama

Jan 29, 2020

Mexico's state oil company, Petroleos Mexicanos, wants operational control over a major offshore oil area discovered by a consortium of private companies before development gets under way, its top official said on Wednesday.Pemex Chief Executive…

Why Senegal's Offshore Licensing Round is Significant

Jan 29, 2020

The long awaited first ever offshore licensing by Senegal has finally been launched as the West Africa country inches closer to achieving its national medium- and long-term hydrocarbon sector investment plan and drive to transform the upstream resource into a source of clean electricity generation…

Norway PM to Name Tina Bru as New Oil Minister -DN

Jan 23, 2020

Norwegian Prime Minister Erna Solberg will appoint Conservative lawmaker Tina Bru as oil and energy minister, business daily Dagens Naeringsliv and public broadcaster NRK reported on Thursday, citing unnamed sources. The office of the prime minister declined to comment…

Brazil to Overhaul Rules for Subsalt Auctions

Jan 20, 2020

Brazil's government is considering an overhaul in the rules for auctions of subsalt oilfields, a senior official told newspaper Valor Economico.Special secretary to the Economy Ministry Waldery Rodrigues told the newspaper the government could…

Lebanon Delays Offshore Round Bidding Deadline

Jan 14, 2020

Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…

China Opens Up to Foreign E&P Firms

Jan 09, 2020

For the first time, China will this year allow foreign companies to explore for and produce oil and gas in the country, opening up the industry to firms other than state-run energy giants, as Beijing looks to boost domestic energy supplies.The…

ExxonMobil Confirms May Exit Romanian Offshore Gas Project

Jan 08, 2020

U.S. energy major ExxonMobil confirmed late on Tuesday it is weighing an exit from a long-stalled Romanian natural gas venture and has begun providing information to potential buyers.The company holds a 50% stake in the Neptun Deep offshore project located in the Black Sea with Romanian OMV Petrom…

Africa Looks Forward to More Productive 2020

Jan 02, 2020

As the New Year kicks off this week, some of Africa’s oil and gas producers are looking forward to fast-tracking approved offshore exploration plans to counter falling production volumes and meet the increasing demand especially for natural…

Greece Proposes World Court if Maritime Dialogue with Turkey Fails

Dec 30, 2019

Greece's Prime Minister said in remarks published on Sunday that if Athens and Ankara cannot solve their dispute about maritime zones in the Mediterranean they should turn to the International Court of Justice (ICJ) in The Hague to settle the disagreement…

Leviathan Startup Awaits Government Approval

Dec 27, 2019

Companies developing the huge natural gas field Leviathan will begin production on Tuesday after receiving approval from Israel's Environmental Protection Ministry, one of the project's partners said on Friday.Leviathan was supposed to begin operations on December 24…

Seabed Study Precedes Planned Licensing Round in Nigeria

Dec 25, 2019

As Nigeria looks ahead to a possible oil licensing round in mid-2020, the plan has received a major boost with the launch of the West Africa country’s first ever regional multi-client Multibeam and Seafloor Sampling Study (MB&SS).The data gathering…

Israel Opposes Turkey-Libya Maritime Border Accord

Dec 24, 2019

Israel opposes an accord signed last month between Libya and Turkey mapping out maritime boundaries in the eastern Mediterranean, but the deal was unlikely to lead to a conflict with Turkey, Israel's foreign minister said on Monday.The deal…

Decommissioning Hard to Nail Down

Dec 23, 2019

The North Sea decommissioning picture is murky at best, and its constantly evolving timetable is proving difficult to plan for, judging by the qualifying comments of a number of operators and regulators, of late.While the technology of offshore…

Equinor Gets Another Approval for Australia Drilling

Dec 19, 2019

Norwegian energy company Equinor has received the second of four approvals needed for offshore exploration in the Great Australian Bight.This week, Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)…

Court Lifts Injunction Against Leviathan Operations

Dec 19, 2019

An Israeli court lifted on Thursday a temporary injunction that had threatened to delay production at the Leviathan gas field due to environmental concerns.Rescinding Tuesday's injunction, the Jerusalem District Court said appellants had not provided sufficient evidence that Leviathan's emissions…

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