Offshore Regulations - page 49

 

Oil reforms cool in hot political climate

Oct 26, 2010

Mexico's Pemex is preparing this month to issue the first incentive-based contracts allowed under the country's 2008 oil reforms. Most observers agree that the reforms didn't go far enough, but will a new president in 2012 pick up the pace? Russell McCulley reports…

Bayou state feels the drilling ban blues

Oct 26, 2010

With a major service point for the deepwater Gulf of Mexico in Port Fourchon, Louisiana among all US states has the most at stake in the federal government's six-month deepwater drilling moratorium. The effects so far haven't been as bad as some feared…

Whither natural gas?

Oct 26, 2010

Worries about the future of natural gas dominated proceedings as the SPE’s Annual Technical Conference & Exhibition made its international debut in Florence last month. Speakers focused on what the industry must do to meet burgeoning global energy demand…

Independents fight bond villain in gulf of uncertainty

Sep 01, 2010

The six-month US moratorium on deepwater drilling following the Deepwater Horizon tragedy, along with tougher regulations and higher liability costs likely to follow, could put the squeeze on independent operators in the Gulf of Mexico. Russell McCulley talks to one company that's pushing back…

Gulf's hard lessons inform Helix response plan

Aug 09, 2010

BP has come under fierce criticism for its response to the Macondo blowout, a months-long saga of top hats, riser insertion tools and other containment efforts that only began collecting a significant portion of the oil spilling into the Gulf several weeks after the event…

New boss parachuted into beleagured agency

Jul 09, 2010

Former federal prosecutor and Justice Department inspector general Michael Bromwich has been tapped to lead the troubled agency that oversees US offshore oil & gas leasing and regulatory compliance. Bromwich was sworn in as director of the Bureau of Ocean Energy Management…

Tougher regs inevitable as Horizon lessons hit home

Jun 12, 2010

BP struggled to stop the flow of oil from the Macondo well in the Gulf of Mexico as the disaster entered its second month, and the spill, the worst in US history, was having repercussions far beyond the environmental catastrophe. Russell McCulley reports…

Spill spells trouble for seismic

Jun 12, 2010

Andrew McBarnet forecasts some damaging consequences for marine seismic operations offshore the US as a result of the Deepwater Horizon disaster.The enormity of the blow-out and sinking of the Deepwater Horizon drilling rig at the BP Macondo…

Ingredients to hand for pre-salt plays

Jun 10, 2010

Since Petrobras and its partners reported finding the large Tupi field in 2006, excitement has reigned over Brazil's pre-salt reserves. Opportunities exist, even in a changing regulatory environment: the Brazilian congress is poised to consider…

Virginia sale to test Atlantic interest

May 20, 2010

The scheduled 2012 lease sale offshore Virginia will proceed, even without the environmental impact studies necessary to allow oil & gas exploration in place, according to MMS director Liz Burnham.The sale – the first on the US Atlantic OCS…

Regs threaten recovery warns ExxonMobil boss

May 20, 2010

The shaky economic recovery could be threatened if US energy policies push up prices, ExxonMobil chairman and CEO Rex Tillerson said in Houston last month.‘You can raise taxes, raise royalties – it's going to ultimately increase the cost of energy…

Nigeria closes in on oil reforms

May 20, 2010

Nigeria’s controversial oil reforms, long in the works, appear close to passage. The government hopes to shore up falling production and get a bigger share of oil profits. But IOCs doing business in the Delta are wary, as Russell McCulley reports…

Raising the regulatory standard

Apr 05, 2010

A set of international standards for a wide selection of vital oil & gas industry materials, equipment and offshore structures is emerging from the International Standards Organization (ISO). OE reviews some of the latest developments in this area…

OTC enters fifth decade with ambitions in place

Mar 03, 2010

All energy industry eyes will be on Houston the first week of May, when the 41st annual Offshore Technology Conference gathers at Reliant Park. OE takes a look at what’s in store for delegates.The past couple of years have been tumultuous ones for the oil & gas industry…

Politics, prices uncertain in 2010

Jan 06, 2010

Each new year brings with it a new round of industry prognostication. So what does 2010 hold in store for offshore? A lot of hand-wringing, for one thing, reports Russell McCulley.--As Gary Adams, US oil & gas leader for Deloitte, put it recently…

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