Government Update News

 

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…

Eni CEO Claudio Descalzi Meets Angola's president

Nov 09, 2018

Eni president Claudio Descalzi has met Angola's president Joao Goncalves Lourenco in Luanda to discuss the Italian energy giant's operations in the country.During the meeting with President João Lourenço, Claudio Descalzi said that they discussed…

UK: Enough Oil and Gas Reserves for the Next 20 Years

Nov 09, 2018

The UK has enough oil reserves to sustain production for the next 20 years and beyond, new figures indicate.A report published by the UK Government suggests that the overall remaining recoverable reserves and resources in the North Sea range from 10 to 20 billion barrels plus of oil equivalent…

OKEA Gets Approval to Acquire Shell's Draugen, Gjoa Fields

Nov 07, 2018

Norway's Ministry of Petroleum and Energy and Ministry of Finance has approved the transaction from AS Norske Shell and OKEA concerning the transfer of the licenses associated with the Draugen field in the Norwegian Sea and the Gjøa field in the North Sea…

Ofgem Grants Offshore Wind Licence to Dudgeon OFTO

Nov 07, 2018

The government regulator for gas and electricity markets in Great Britain Office of Gas and Electricity Markets (Ofgem) has granted TC Dudgeon OFTO plc a licence for the link to the Dudgeon offshore wind farm.The licence allows Dudgeon to own and operate the GBP297…

UK Hydrographic Office Wins National STEM Inspiration Award

Nov 07, 2018

The UK Hydrographic Office (UKHO) has been awarded Highly Commended at the STEM Inspiration Awards, in recognition of their outstanding commitment to encouraging young people into science, technology, engineering and mathematics careers.According to a press statement…

Gabon Launches Offshore Exploration Round

Nov 07, 2018

Gabon plans to scrap a 35 percent corporate tax on energy companies as part of a revised hydrocarbons law and has launched a new offshore oil and gas exploration licensing round for 34 blocks, Oil Minister Pascal Ambouroue said on Wednesday…

Madagascar Opens Fresh Offshore Licensing Round

Nov 06, 2018

Island nation Madagascar puts 44 blocks  in the Morondava Basin up for grabs, detailing exploration and exploitation periods under production sharing contracts.In the framework of the development of Madagascar's oil and gas potential, the Malagasy…

Turkey Says Other Countries Cannot Drill In Its Waters

Nov 05, 2018

Turkey will not allow the exploitation of gas reserves in Turkish and north Cypriot waters of the eastern Mediterranean, President Tayyip Erdogan said on Sunday.The eastern Mediterranean is believed to be rich in natural gas, and attempts to…

Bahr Essalam Phase Two to Finish by End 2018

Nov 05, 2018

Seven remaining wells are expected to be online at Libya's Bahr Essalam offshore gas field by the end of the year, the Libyan National Oil Corporation (NOC) said in a statement on Sunday.The statement came after a meeting between NOC Chairman Mustafa Sanalla and Eni CEO Claudio Descalzi…

Current News

Pacific Drilling Taps Harris as CFO

Pacific Drilling Taps Harris as CFO

Eastern Med Heats Up

Eastern Med Heats Up

OGA Revises Stewardship Expectations

OGA Revises Stewardship Expectations

Emerson Enables Automation at Shah Deniz 2

Emerson Enables Automation at Shah Deniz 2

Saipem Tallies $160 Mln Drilling Contracts

Saipem Tallies $160 Mln Drilling Contracts

Halliburton Profit Beats Estimates

Halliburton Profit Beats Estimates

Heerema Wins Taiwan Offshore Wind Contract

Heerema Wins Taiwan Offshore Wind Contract

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