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EU Welcomes Turkish Drillship Departure From Waters Off Cyprus

Oct 06, 2020

A Turkish drillship has left the area where it was operating southwest of Cyprus and reached Turkey's coast for maintenance in a move the European Union said would help ease tensions in the Eastern Mediterranean.Refinitiv tracking data showed…

Nigeria to Bar Unlicensed Vessels from Operating in Its Waters

Oct 04, 2020

Nigeria plans to bar vessels without a valid license to operate in Nigerian waters and has given shipping companies that trade in its coastal and inland waters three months to register, the maritime regulator said on Sunday.The Nigerian Maritime…

Golar Unit CEO Takes Leave of Absence Amid Corruption Probe

Sep 29, 2020

Golar LNG said on Tuesday Hygo Energy Transition Ltd Chief Executive Officer Eduardo Antonello has taken leave of absence with immediate effect, following a corruption investigation involving him in Brazil.Golar said Antonello's leave was in…

Congress Passes Bill Supporting Jones Act Enforcement in Offshore Wind

Sep 27, 2020

The U.S House of Representatives passed the Clean Economy Jobs and Innovation Act (H.R. 4447) aiming to reform U.S. energy policy and authorize significant investment in the transition to greater use of low-carbon energy.The legislation, which addresses a wide range of energy topics and initiatives…

East Mediterranean Dispute: Cyprus Willing to Talk with Turkey 'Without Threats'

Sep 16, 2020

Cyprus is ready to engage in talks with Turkey to resolve differences but only 'without blackmail and threats', President Nicos Anastasiades said on Wednesday.The two countries are locked in a dispute over drilling rights in the Mediterranean…

Turkey Extends Exploration in Disputed Eastern Mediterranean

Aug 31, 2020

Turkey said on Monday that its Oruc Reis exploration vessel will carry out seismic surveys in a disputed area of the eastern Mediterranean until Sept. 12, provoking an angry response from neighboring Greece.Turkey and Greece, NATO allies, vehemently…

EU Calls for End to Tensions in East Mediterranean

Aug 31, 2020

The European Union's executive called on Monday for dialogue with Turkey and demanded that Ankara refrains from unilateral steps that stoke tensions in eastern Mediterranean.Should dialogue not bear fruit, a spokesman for the European Commission told a briefing on Monday…

NATO Seeks to Avoid Accidents in East Med Dispute

Aug 27, 2020

NATO is looking at ways to avoid accidental clashes in the Eastern Mediterranean while supporting German diplomatic efforts to defuse the worsening dispute over energy resources there, the alliance’s chief said on Thursday.NATO Secretary-General…

Ex-Maersk Executive Charged in Petrobras Corruption Scheme

Aug 23, 2020

Brazilian prosecutors pressed charges on Friday against two people for an alleged scheme to obtain confidential market information from Petrobras to benefit A.P. Moller-Maersk, the world's largest shipping company.The case stems from an investigation…

Wintershall Dea CEO Rejects U.S. Sanctions Bid on Nord Stream 2 Pipeline

Aug 21, 2020

Wintershall Dea, one of five western partners in the Nord Stream 2 gas pipeline project led by Russia's Gazprom, rejects sanctions planned by the United States to discourage its completion, chief executive Mario Mehren said on Wednesday.'We…

Greek, Turkish Warships in 'Mini-Collision' Amid Mediterranean Exploration Dispute

Aug 14, 2020

A Greek and a Turkish warship were involved in a mini-collision on Wednesday during a standoff in the eastern Mediterranean, a Greek defense source said, describing it as an 'accident'.Tensions have risen this week after Turkey sent a survey vessel to the region…

Guyana Asks World Court to Confirm Border with Venezuela

Jun 30, 2020

Guyana on Tuesday asked the World Court to confirm the demarcation of its land border with Venezuela, part of a long-running dispute between the South American neighbours with potential implications for offshore oil rights.Representatives of Guyana asked judges at the United Nations court…

Greece, Italy to Sign Accord on Maritime Zones

Jun 09, 2020

Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy's foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said.The deal follows months of tensions in the Eastern Mediterranean region over natural resources…

Keppel Rejects Awilco Drilling's Rig Contract Termination. Ponders Legal Action

Jun 09, 2020

Singapore's offshore rig builder Keppel is considering taking legal action against Awilco Drilling after the drilling company on Monday said it had terminated a rig construction contract with Keppel.Awilco Drilling said Monday that its subsidiary…

US Proposal Would Allow Oil and Gas Drillers to Delay Royalty Payments

May 28, 2020

The U.S. Department of Interior has proposed allowing oil and gas companies to delay royalty payments due to the impacts of the new coronavirus pandemic.According to the web site of the White House Office of Management and Budget, Interior's…

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