Offshore Engineer Regulations News

 

Wellesley Green Lighted to Drill in the North Sea

Jan 07, 2019

Norway's Petroleum Safety Authority has given consent to Norwegian based Wellesley Petroleum to drill exploration well 25/1-13 in the North Sea.Wellesley is the operator for production licence 871 in the North Sea.Well 25/1-13, named Balcom…

Shutdown Risks Delays to US Energy Initiatives

Jan 04, 2019

The partial government shutdown is increasing the chances of delays in U.S. energy initiatives from the release of President Donald Trump's proposed offshore drilling plan to allowing higher levels of ethanol in gasoline during summer months…

Some Services Continue Despite US Government Shutdown

Jan 04, 2019

Despite stalled negotiations between the White House and Congress over funding for a border wall, forcing a shutdown of the government that started December 22, 2018, certain services remain active, if scaled-back, including some serving the oil and gas industry…

Brazil’s Oil and Gas Market Revival in Numbers

Jan 03, 2019

Brazil’s oil and gas sector related businesses traded about R$22 billion (about US$5.6 billion) in the last two years. This figure from the National Agency for Petroleum, Natural Gas and Biofuels (ANP) was presented during a ceremony on the balance of advances in the sector…

Ophir Awaiting Fortuna Block Extension

Dec 31, 2018

Ophir Energy said it is still awaiting a response from Equatorial Guinea's Ministry of Mines and Hydrocarbons (MMH) with regards to its request for an extension of the Block R licence, where Africa's first deepwater independent floating liquefied natural gas (FLNG) project is planned…

Caspian is Key for Lukoil

Dec 24, 2018

Alexander Oboronkov leapt at the chance to work on the Filanovsky platform after it was launched in 2016, keen to see Russia's largest Caspian Sea oilfield in action.The Filanovsky oilfield, along with the nearby Korchagin and Rakushechnoye fields…

Petrobras Suspends New Divestments

Dec 21, 2018

Brazil's state-controlled Petroleo Brasileiro SA will suspend any new divestment initiatives in oil exploration or production, the company said on Thursday, following a Supreme Court decision.The decision suspended an agreement between Petrobras…

Nine US States Seek to Stop Atlantic Seismic Testing

Dec 20, 2018

Attorneys general from nine U.S. states sued the Trump administration on Thursday to stop future seismic tests for oil and gas deposits off the East Coast, joining a lawsuit from environmentalists concerned the tests harm whales and dolphins…

Mexico Targets 50% Jump in Oil Output

Dec 17, 2018

Mexico aims to lift oil and gas production by almost 50 percent in the next six years and in January will award infrastructure and drilling contracts to develop 20 fields, state oil firm Petroleos Mexicanos said on Saturday.Octavio Romero, chief…

Brazil Council Approves Sixth Round Pre-salt Auction

Dec 17, 2018

The Brazilian energy advisory council on Monday approved the sixth-round auction for Brazil's coveted pre-salt offshore oil area to be held next year, the energy ministry said.The auction will include the two new blocks of Southwest Sagittarius…

Coast Guard Working to Contain MC20 Leak

Dec 17, 2018

The U.S. Coast Guard said it has partially assumed federal control of response operations to contain an oil discharge from the site of the collapsed Mississippi Canyon Block 20 (MC20) offshore platform in the Gulf of Mexico, approximately 11 miles south of the mouth of the Mississippi River…

Pemex Eyes Shallower Waters

Dec 17, 2018

Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company.The 2019…

Norne FPSO Extended Through 2036

Dec 14, 2018

Norway's Petroleum Safety Authority has given Equinor the green light to extend the operation of the Norne floating production storage and offloading vessel (FPSO) and associated facilities until the end of 2036.'The consent has been granted…

Norway Postpones Decision on Arctic Oil Terminal

Dec 14, 2018

The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes…

Brazil Reaches Deal with Petrobras Over Transfer of Rights Area

Dec 12, 2018

The Brazilian government has reached an agreement with state-controlled oil company Petróleo Brasileiro SA over the so-called transfer of rights area, Finance Minister Eduardo Guardia said on Wednesday.Guardia declined to disclose values nor who is owed what under the terms of the agreement…

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