Environmental News

 

Barclays Rejects Arctic Drilling

Jan 15, 2019

U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing for the exploration or extraction of oil and gas in the Arctic.The policy  rules out funding for companies seeking to drill in the Arctic Refuge as well as other climate change threats.According to the British multinational investment bank and financial services company headquartered in London…

Norway Supreme Court Hears Snow Crab Case with Implication for Oil

Jan 15, 2019

Norway's Supreme Court began hearing arguments on Tuesday on whether EU ships can fish for snow crab off Arctic islands north of Norway without permission from Oslo, a case that could decide who has the right to explore for oil in the region…

Equinor to Build CO2 Storage Under the Seabed

Jan 11, 2019

Equinor has won a license to develop carbon dioxide (CO2) storage under the North Sea, Norway's oil ministry said on Friday, part of a push to combat climate change.Equinor is expected to submit a development plan this year, with parliament making a final decision in 2020 or 2021…

Italy to Block Exploration Permits

Jan 09, 2019

The Italian government is planning to block the issuing of about 36 permits to look for oil and gas as part of plans to cut the country's carbon footprint, the industry ministry said on Wednesday.In a statement the ministry said upstream oil…

SeaRose FPSO Production Remains On Hold

Jan 07, 2019

Oil production continues to be suspended at the SeaRose FPSO, about 350 kilometers east of St. John’s for the last 50 days. There’s no information on when production will resume.Production was suspended and shutdown began on November 16 after two spills -  an estimated 250…

Equinor Opens Digital Operations Centers

Jan 07, 2019

Equinor on Monday announced the official opening of its two new digital operations centers established to support Equinor’s installations on the Norwegian continental shelf (NCS).The two new centers at Sandsli in Bergen, opened Monday by petroleum and energy minister Kjell-Børge…

Oil Spill Cleanup Device Tailored for the Arctic

Jan 04, 2019

A new oil spill response device capable of cleaning up spills in arctic conditions has been launched in an effort to bolster Norway’s spill preparedness.The new device, dubbed Arctic FoxTail, is a winterized version of H. Henriksen’s standard Foxtail vertical adhesion band (VAB) skimmer…

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…

New Research on Gulf of Mexico Loop Current

Dec 19, 2018

More than $10 million in grant funding has been awarded for a group of new projects that aim to fill research gaps in order to help improve understanding and prediction of the Gulf of Mexico Loop Current System (LCS).As the Gulf of Mexico's dominant ocean circulation feature…

Oil Majors Face Climate Target Pressure by Investors

Dec 19, 2018

U.S. and Norwegian oil majors Chevron and Equinor have become the latest target of activist investors moving to force five of the biggest oil companies to commit to fixed emissions targets and align with the Paris climate agreement.The effort…

ExxonMobil Shareholders Want GHG Reduction Goals

Dec 17, 2018

A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.The call, led by the New York State…

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…

Op/Ed: CCS Needs to Start With a Bang, Not a Whimper

Dec 14, 2018

For carbon capture and storage (CCS) to make a meaningful contribution towards decarbonizing our energy system, it needs to start with a bang, not a whimper₁. Scale projects are needed now if CCS is to stand any chance of benefiting from the…

Building Bridges of Trust for Oil Spill Response

Dec 14, 2018

An oil spill response workshop in Houma, La., earlier this month was the first of five such information gathering sessions the Sea Grant Oil Spill Science Outreach Program has planned in coastal areas. The year-long project, which began in July…

Ørsted Lauches Offshore Wind Biodiversity Policy

Dec 14, 2018

The largest energy company in Denmark, Ørsted A/S announced  ‘Offshore wind biodiversity policy’ to set out the principles that underpin our efforts to protect the natural environment in the areas where we develop, construct and operate offshore wind farms…

Current News

Decommissioning in Brazil: The New Frontier

Decommissioning in Brazil: The New Frontier

Norway's Northernmost Oil Find Could Start Production in 2026

Norway's Northernmost Oil Find Could Start Production in 2026

Woodside Awards Scarborough FEED Contracts

Woodside Awards Scarborough FEED Contracts

Subsea 7 Acquires Sealion Vessel

Subsea 7 Acquires Sealion Vessel

Petrobras 2018 Production Shy of Target

Petrobras 2018 Production Shy of Target

Tullow to Boost 2019 Output

Tullow to Boost 2019 Output

Statfjord A Platform Back in Action

Statfjord A Platform Back in Action

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