Offshore Regulations - page 55

 

Indonesia to Offer More Flexibility to Oil and Gas Explorers

Aug 03, 2020

Indonesia announced over the weekend that it had made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their contract options for exploration.The revisions, which came into effect on July 16, allow…

Suriname's Staatsolie Eyes Stake in Apache's Prolific Offshore Block

Aug 03, 2020

Suriname's state-owned oil company Staatsolie is considering farming into an offshore oil block where Apache Corp and France's Total SA have announced a third major discovery, an executive said on Sunday.Staatsolie has the right to a stake of up to 20% in the 1…

Egypt Says Turkish Seismic Survey Plans Could Encroach on Its Waters

Aug 03, 2020

Egypt said on Saturday that part of a seismic survey planned by Turkey in the eastern Mediterranean potentially encroached on waters where Cairo claims exclusive rights.An advisory issued last month by Turkey for the survey overlaps with Egypt's exclusive economic zone (EEZ)…

Equinor Gets OK to use Maersk Intrepid Jack-up Rig at Martin Linge Field

Jul 30, 2020

The Norwegian offshore oil and gas safety body PSA Norway has granted Equinor an approval to use the Maersk Intrepid jack-up at the Martin Linge offshore oil and gas field.The consent is for the use of the low-emissions rig for production drilling…

Spain Hopes Turkey Overture on Offshore Drilling Leads to Talks

Jul 28, 2020

Spanish Foreign Minister Arancha Gonzalez Laya said on Tuesday she hopes the will shown by Turkey to open a dialogue on oil drilling in the Eastern Mediterranean will be followed by action.Turkey is at loggerheads with Greece and Cyprus over overlapping claims for offshore reserves…

Spain Sees Thaw in Europe-Turkey Tensions on Mediterranean Offshore Exploration

Jul 28, 2020

Spain's foreign minister said that talks in Turkey on Monday had helped to reduce tensions between some European Union members and Ankara over Turkish energy exploration in the Mediterranean, adding that a one-month pause in drilling was possible…

SK Innovation Takes Over Block 16-2 Offshore Vietnam

Jul 23, 2020

South Korea's SK Innovation has taken over operatorship over the Block 16-2 offshore Vietnam.PetroVietnam Exploration Production Corporation (PVEP) said Thursday that the signing ceremony had been held in Hanoi on Tuesday, July 21.The offshore…

New York Launches Up To 2,500MW Offshore Wind Solicitation

Jul 22, 2020

New York Governor Andrew M. Cuomo on Tuesday announced offshore wind solicitation aimed at developing up to 2,500 Megawatts of renewable energy and complementary multi-port infrastructure investment.The solicitation includes a multi-port strategy…

Italian Prosecutors Seek Jail Time for Eni, Shell Execs over Nigeria Bribery Case

Jul 22, 2020

Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over alleged corruption in Nigeria.In one of the oil industry's biggest alleged scandals…

Zenith Applies for New 25-year License for Offshore Congo Field

Jul 20, 2020

London-listed Zenith Energy has applied for an extension of the Tilapia license term in the Republic of the Congo, which expired on July 18, 2020.Zenith's subsidiary in Congo, AAOG Congo continues to operate the Tilapia oilfield on an interim…

Next U.S. Gulf of Mexico Lease Sale Planned for November

Jul 17, 2020

As part of its 2017-2022 offshore oil and gas leasing program, the U.S. administration plans to hold a 'region-wide' Gulf of Mexico lease sale in November 2020. The lease sale was originally expected to be held in August but due to the oil and gas market downturn…

Twinza, PNG Gov't in Talks over Fiscal Terms for Offshore Field Development

Jul 17, 2020

Oil and gas company Twinza has started negotiations with the Papua New Guinea authorities regarding the fiscal terms that will apply to the proposed development of the Pasca A gas-condensate offshore field.The shallow water field in the Gulf of Papua was discovered in 1968 but was never developed…

Delfin LNG Gets Another Year to Build Floating LNG Project Off Louisiana

Jul 16, 2020

U.S. energy regulators on Wednesday granted Delfin LNG a second one-year extension until September 2021 to build its proposed floating liquefied natural gas export facility off the coast of Louisiana.Delfin is one of several North American LNG…

Venezuela Oil Minister El Aissami Tests Positive for COVID-19

Jul 13, 2020

Venezuelan oil minister Tareck El Aissami has tested positive for COVID-19, he said on Twitter on Friday, a day after the leader of the socialist party, Diosdado Cabello, tested positive for the virus as well.El Aissami, named to the position this year…

Australian Offshore Safety Regulator to Resume Physical Inspections

Jul 10, 2020

NOPSEMA, the Australian offshore oil and gas safety regulator, plans to resume physical inspections on offshore oil and gas facilities 'in line with appropriate protocols to manage health risks associated with COVID-19.''While NOPSEMA’s inspections have continued throughout the pandemic…

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