Offshore Engineer Regulations News

 

BW Offshore Cleared to Buy Brazil Oilfield

Mar 06, 2019

Norway's BW Offshore has won approval from Brazil's antitrust watchdog Cade to buy the Maromba oilfield from Petrobras and Chevron, according to a statement in the official gazette on Wednesday.Petrobras has a 70 percent stake in the field, while Chevron has a 30 percent stake…

PSA Concludes West Phoenix Fire Probe

Mar 04, 2019

An investigation into the November 2018 fire aboard the mobile drilling facility West Phoenix has uncovered the cause of the incident as well as several regulation breaches, the Petroleum Safety Authority Norway (PSA) said on Monday.The fire…

France to Test Floating Wind Turbines

Feb 25, 2019

The European Commission said on Monday it had authorized French subsidies to four offshore wind farm projects which are aimed at testing a new way of producing electricity from wind.The EU competition regulator said in a statement that the state…

Somalia's Planned Oil Search Under Threat

Feb 21, 2019

Somalia, a country that has been trying, albeit with little success, to shed off the image of a nation in turmoil because of its insecurity, instability and a preferred haven for for militant groups, has big plans for auctioning some of its…

New Pre-salt Play in the Campos Basin

Feb 21, 2019

Brazil's National Petroleum, Natural Gas and Biofuels Agency (ANP) foresees by the end of March the signing of an agreement with Petrobras to end the controversy involving the unification of the areas within the Parque das Baleias, in the north Campos Basin…

Petrobras Will Pay to End Whale Park Dispute

Feb 15, 2019

Brazil state-run oil firm Petroleo Brasileiro SA said on Thursday it had concluded a long-running dispute with the country's ANP petroleum regulator, agreeing to pay 3.5 billion reais ($940 million) to end an oil-royalty spat.Dating back to 2014…

Mexico Plans $3.6 Bln Relief for Pemex

Feb 15, 2019

Mexico's government will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes paid, company officials said on Friday, a move aimed at improving the firm's balance sheet and preventing a further downgrade to its credit rating…

Norway's Snow Crab Ruling Boosts Oil Claim

Feb 14, 2019

A court delivered a painful nip to European Union fishermen on Thursday by tightening Norway's grip on snow crab catches in the Arctic, a ruling that may also let Oslo claw more control of oil and gas from other nations.Fishermen from the European…

Nigeria Plan for Local Firms Stands on Shaky Ground

Feb 14, 2019

Nigeria's Ministry of Petroleum Resources has recently reiterated its intention to push for an increase of the share to the national crude oil production from indigenous oil and gas companies to 30% in the short-term, but it is not definite…

BOEM Plans Gulf of Mexico Lease Sale in March

Feb 13, 2019

The U.S. Bureau of Ocean Energy Management (BOEM) said it will offer all available unleased areas in federal waters of the Gulf of Mexico during a region-wide lease sale scheduled for March 2019.BOEM said Lease Sale 252 will offer up 78 million acres…

Shell, Eni, Exxon Win Concessions in Egypt

Feb 12, 2019

Royal Dutch Shell, Eni, BP and Exxon Mobil were among winners of Egypt's international tender for oil and gas exploration on Tuesday, with 12 concessions awarded in total.It marks Exxon Mobil's entry into gas exploration in Egypt, while Shell…

EU Takes Aim at Offshore Pipelines

Feb 11, 2019

Nord Stream 2 — the Gazprom company building a pipeline from Russia to Germany — said Monday it was too early to tell what effects, if any, proposed new EU rules for offshore pipelines might have on their project or those of others aiming to bring gas to Europe…

Russia Ready to Discuss Cooperation with BP

Feb 07, 2019

President Vladimir Putin has proposed discussions on further cooperation with Russia to BP chief executive Robert Dudley, including on projects by Rosneft, Interfax quoted the Kremlin as saying on Thursday.BP holds a 19.75 stake in Rosneft, Russia's largest oil producer…

Black Sea Project Gets Build Permit

Feb 04, 2019

Romanian-based Black Sea Oil & Gas received a construction permit from the country's energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development.The company, controlled by private equity firm Carlyle Group LP…

Tanzania Offshore Puts Off Potential Suitors

Jan 31, 2019

Tanzania could be preparing for yet another licensing round of its offshore oil and gas blocks in the second quarter of 2019, more than four years after the last auction did not yield the anticipated results on the back of the country's complex regulatory regime…

Current News

North Sea Oil Production May Go Down

North Sea Oil Production May Go Down

DEME to Install Hornsea Two Turbines

DEME to Install Hornsea Two Turbines

Argentina Grants Offshore Exploration Permits

Argentina Grants Offshore Exploration Permits

Gazprom Finds New Yamal Offshore Fields

Gazprom Finds New Yamal Offshore Fields

New Offshore Wind Foundation Tested

New Offshore Wind Foundation Tested

14-year GoM Oil Spill Contained

14-year GoM Oil Spill Contained

Investors Push BP to Fight Climate Change

Investors Push BP to Fight Climate Change

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week