Government Update News

 

DOI Okays Offshore Oil And Gas Drilling in Alaska

Oct 25, 2018

U.S. Secretary of the Department of the Interior (DOI) Ryan Zinke announced a long-awaited development for oil and gas energy production offshore the state of Alaska.Interior’s Bureau of Ocean Energy Management (BOEM) issued conditional approval…

Russia, Norway Ink Seismic Pact for Barents Sea

Oct 25, 2018

The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea…

Indonesia Awards Two Oil and Gas Blocks

Oct 22, 2018

Indonesia awarded two oil and gas blocks of six auctioned by the government, deputy energy minister Arcandra Tahar told reporters on Monday.Indonesia awarded South Jambi B gas block to Hong Kong Jindi Group Ltd and Banyumas exploration block to Indonesia's PT Minarak Brantas Gas…

U.S. Announces Major Offshore Wind Developments

Oct 22, 2018

U.S. Secretary of the Interior Ryan Zinke announced three major developments in American offshore wind energy spanning from coast to coast.The Secretary spoke at the American Wind Energy Association’s Offshore Wind Conference and announced 1…

Turkish Navy Stops Greek Frigate 'Harassment' in Mediterranean

Oct 18, 2018

Turkey's state-run Anadolu news agency said on Thursday that the navy had stopped a Greek frigate from harassing a Turkish ship in the Mediterranean. It did not give further details.Turkey, Greece and Cyprus's internationally recognized Greek…

Several US States Likely Withheld from Offshore Drilling Plan

Oct 17, 2018

Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials and transcripts from public hearings…

Wintershall CEO Meets Norwegian Prime Minister on Growth Plans

Oct 17, 2018

Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during a visit by Norway's Prime Minister, Erna Solberg, to Berlin.Mehren announced a further increase…

Venezuela Sets New Wages for Oil Workers

Oct 10, 2018

Venezuela on Wednesday increased wages for workers at state energy company PDVSA after employees staged small protests to decry meager salaries amid the OPEC nation's economic meltdown.Socialist President Nicolas Maduro in August unexpectedly…

Ofgem Rolls-out Sixth OFTO Round

Oct 09, 2018

UK's energy regulator, Office of Gas and Electricity Markets (Ofgem),  has opened the tender process for the first project in its sixth round of its offshore transmission owner (OFTO) regime.'Ofgem is opening a tender for owning the electricity transmission link to the 1…

US Grants BP, Serica Licence to Run Iran-owned North Sea Field

Oct 09, 2018

BP and Serica Energy received a conditional licence from U.S. authorities to continue operating a North Sea gas field partly owned by Iran's national oil company, Serica said in a statement.The U.S. Office of Foreign Assets Control extended a licence for U…

UK Hydrographic Office to Maximize Geospatial Data

Oct 08, 2018

Government invests $6.55 million to help the UK Hydrographic Office and partner bodies on Geospatial Commission maximize the value of location-based information.Location-based information or geospatial data, is an increasingly valuable tool for businesses and public-sector organisations…

Experts Laud India’s 30 GW Offshore Wind Target

Oct 05, 2018

The top global experts have been lauding India’s 30 GW offshore wind industry target by 2030 in a session titled ‘A Leap Into Offshore’ was held in India on 3rd October, 2018 and moderated by Steve Sawyer, Secretary General, Global Wind Energy Council (GWEC)…

ADNOC LNG Awards USD 860 mln EPC Contract to Consortium of Tecnicas Reunidas

Oct 02, 2018

ADNOC LNG said it signed an AED 3.16 billion (US$860 million) contract with a consortium of Spain's Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company for building the second phase of the Integrated Gas Development Expansion (IGD-E)…

ConocoPhillips Sells Greater Sunrise Fields To Timor-Leste

Oct 02, 2018

U.S. oil and gas producer ConocoPhillips said that it has agreed to sell its 30 percent interest in the Greater Sunrise Fields to the government of Timor-Leste for USD350 million.The total sales price of the transaction, which is conditioned…

ExxonMobil Expands Footprint in Brazil

Oct 02, 2018

ExxonMobil has won additional acreage in Brazil’s 5th pre-salt bid round, adding more than 71,500 net acres to ExxonMobil’s deepwater portfolio offshore in the Latin American country. This makes the largest publicly traded international oil…

Current News

US Offshore Wind Hits Potential Snag

US Offshore Wind Hits Potential Snag

The Journey to Autonomous Operations

The Journey to Autonomous Operations

Magseis Fairfield Lines Up GoM Survey

Magseis Fairfield Lines Up GoM Survey

DOF Scores Brazil Contracts

DOF Scores Brazil Contracts

BP Shareholders Adopt Climate Resolution

BP Shareholders Adopt Climate Resolution

Shearwater, Equinor to Develop Seismic Tech

Shearwater, Equinor to Develop Seismic Tech

Petrobras Interested in Two TOR Auction Areas

Petrobras Interested in Two TOR Auction Areas

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