Oil and gas producer Occidental Petroleum Corp said on Tuesday the U.S. Federal Trade Commission has granted approval for its proposed $38 billion deal to buy Anadarko Petroleum Corp.The waiting period required for companies under the Hart-Scott…
Norway's Petroleum Safety Authority has given the green light to Cairn subsidiary Capricorn Norge to drill a well in block 6508/1 in the Norwegian Sea.The consent applies to the drilling of exploration well 6508/1-3 in a prospect named Lynghaug…
Thirty companies have acquired acreage in the UK 31st Offshore Licensing Round, the country’s Oil and Gas Authority (OGA) announced on Tuesday.In all, 37 licence areas were awarded over 141 blocks or part-blocks to a broad spectrum of companies…
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…
Canada — with its abundance of petroleum — has been surprisingly slow exporting gas anywhere other than across the border to the United States.Now, Ottawa is supporting Canada’s first export projects for liquefied natural gas (LNG) with more than words…
Brazilian antitrust regulator Cade has approved the purchase by independent oil firm PetroReconcavo of 34 oilfields owned by Petroleo Brasileiro SA , the government's official bulletin showed on Friday.Cade said the sale did not reduce competition…
South Africa continues to make progress in its endeavor to woo increased investment in the country’s highly under-developed offshore oil and gas market as the government’s slow and delayed plan to make cuts on crude oil imports begins to take shape…
Norway has asked oil firms to apply for exploration blocks in its so-called mature areas licensing round by August 27, with up to 90 blocks on offer, the Ministry of Oil and Energy said.In March, the ministry announced the predefined areas (APA) licensing round for 2019…
Ivory Coast has awarded four new offshore oil and gas blocks, two to France's Total and two to Italy's ENI, government spokesman Sidi Toure said on Wednesday.Ivory Coast, the world's top cocoa producer, is seeking to develop it long-neglected oil sector…
Mexico's government aims to give $7.3 billion in tax relief to heavily indebted state oil company Pemex, according to a document seen by Reuters on Thursday, in an effort to cool fears over its financial viability and the impact on the wider economy…
New legislation could stall US offshore wind farm development, the National Ocean Industries Association (NOIA) said.The House Appropriations Committee adopted language calling for a one-year Department of Defense study of the impact of offshore wind turbines…
Aaron C. Smith, President and Chief Executive Officer of the Offshore Marine Service Association (OMSA), weighs in on top issues facing the U.S. offshore marine transportation service industry, including the Jones Act, liquefied natural gas…
Law firm HFW said it has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.The contract – DISMANTLECON – has been approved by BIMCO's Documentary Committee and will be released at the end of June, along with guidance notes…
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…
Nigeria’s upstream regulatory hiccups continue to take toll on planned offshore exploration and production schedules as some private investors are stuck with their work programs for lack of clarity on key upstream mergers and acquisition procedures…
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