Government Update News

 

New Jersey Board Okays Offshore Wind Funding

Dec 19, 2018

The New Jersey Board of Public Utilities (NJBPU) approved the adoption of a funding mechanism for the state’s offshore wind programme, which targets 3.5 GW by 2030.NJBPU  unanimously voted to adopt a proposed rule establishing the funding mechanism for the state’s offshore wind program…

Indonesia Approves Eni’s Merakes Project

Dec 18, 2018

Italian energy giant Eni announced that Indonesia has approved its investment plan for the Merakes project, located in the Kutei Basin, offshore East Kalimantan.Eni will now start work on developing the project, which will involve drilling and constructing subsea wells in water depths of 1…

NOIA Calls for Offshore Wind Territories Act

Dec 13, 2018

National Ocean Industries Association (NOIA) said that U.S. territories need the Offshore Wind for Territories Act.The U.S. has five permanently inhabited 'Territories' in the Caribbean Sea and the Pacific Ocean: American Samoa, Guam, the Northern Mariana Islands…

Norway to Drillers: Fix Oil Rig Lifeboat Safety

Dec 12, 2018

Norway's Petroleum Safety Authority (PSA) has told Transocean, Maersk Drilling and Odfjell Drilling to beef up emergency evacuation equipment and procedures on 22 offshore oil rigs, it said on Wednesday.Drilling rigs are equipped with enclosed…

Admiral Tim Lowe to Head UK Hydrographic Office

Dec 11, 2018

The UK Hydrographic Office has announced the appointment of Rear Admiral Tim Lowe CBE, the current UK National Hydrographer and Deputy Chief Executive, to the position of Acting Chief Executive and Accounting Officer.Rear Admiral Lowe will fill…

Egypt Okays BP, Mubadala Acquisition of Stake in Eni's Noor Concession

Dec 10, 2018

Egypt’s petroleum ministry has signed an agreement for UK Petroleum giant British Petroleum (BP) and UAE investment fund Mubadala to buy a 45 percent stake in the country's Noor offshore natural gas concesion in the Mediterannean from Italy’s Eni…

Tepco Launches First Commercial Offshore Wind Farm

Dec 10, 2018

Japan's largest power company group Tokyo Electric Power Company (Tepco) announced  that the company’s first commercial offshore wind power facility will launch on January 1, 2019.According to a press release from the utility giant, since 2013…

PGE Seeks Offshore Wind Partners

Dec 06, 2018

Polish state-owned power company Polska Grupa Energetyczna (PGE) has invited over a dozen parties to potentially cooperate with the company оn building up to 2.55 GW of offshore wind parks.The Polish power group said in a statement that it was…

New Jersey Board of Public Utilities Backs Offshore Wind

Dec 02, 2018

The New Jersey Board of Public Utilities (NJBPU) is remaining committed to supporting the state’s goals of generating 3.5GW of offshore wind by 2030 and reaching 100% of renewable energy by 2050.The Offshore Wind Supply Chain Networking Event…

Gabon Offers 22 Offshore Blocks

Nov 28, 2018

Gabon's Minister of Oil and Hydrocarbons Pascal Houangni Ambouroué has unveiled a new offshore licensing round covering 12 shallow-water and 23 deep-water blocks.A report from global law firm Dentons pointed out that this new bid round for offshore…

Eni Norge Granted Drilling Permit

Nov 22, 2018

The Norwegian Petroleum Directorate (NPD) has granted Eni Norge AS a drilling permit for well 7122/7-7 S, cf. Section 15 of the Resource Management Regulations.The well  will be drilled from the West Hercules drilling facility after concluding the drilling of wildcat well for Equinor Energy AS…

Danish Parliament Includes Offshore Shipping in International Register

Nov 20, 2018

The Danish Parliament has approved new regulation following extension of the rules on tax free net wages for seafarers to also include certain specialized vessels.According to Danish Maritime Authority, the Danish parliament adopted an extension of the seafarer tax scheme last spring…

Trump Hopes OPEC Won't Cut Production

Nov 12, 2018

U.S. President Donald Trump on Monday said he hoped there would be no oil output reductions, after Saudi Arabia said OPEC was considering cutting oil supply next year, citing softening demand.'Hopefully, Saudi Arabia and OPEC will not be cutting oil production…

API Enhances Offshore Safety Standard

Nov 09, 2018

The American Petroleum Institute (API) released its newest valve standard as part of the industry’s continuous efforts to improve operational safety and environmental protection.According to a release from the agency, the “Specification 6A”…

New York Seeks 800 MW Offshore Wind

Nov 09, 2018

Newly re-elected Governor Andrew M. Cuomo issued a comprehensive solicitation seeking 800 megawatts or more of new offshore wind projects for New York.According to a press release issued by New York State Energy Research and Development Authority…

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