Offshore Regulations - page 31


Australia Opens Bidding for Offshore Exploration Acreage

Jun 15, 2021

Australia has this week opened bidding for the 2021 Offshore Petroleum Exploration Acreage Release, offering areas with around 80,000 square kilometers of new acreage available for exploration in Commonwealth waters.Minister for Resources, Water…

Biden Administration Proposes Offshore Wind Lease Sale near NY, NJ

Jun 14, 2021

The Biden administration on Friday said it was seeking buyers for offshore wind energy leases in the shallow waters between Long Island and New Jersey as part of its effort to ramp up the share of offshore wind generation over the next decade…

Aker Solutions Manager Charged in Malaysia over False Documents

Jun 11, 2021

A Malaysian manager of Norway's largest oil services provider Aker Solutions was charged on Friday over allegations he submitted false documents in dealings with state-owned energy firm Petronas , according to a court charge-sheet.Ahmad Hatta Kamaruzzaman…

Aker Solutions Manager Questioned in Malaysia. 'Charges expected'

Jun 10, 2021

Norwegian oil services firm Aker Solutions said on Thursday one of its managers was being questioned by Malaysian authorities and three sources familiar with the case said they expected charges to be brought on Friday.Malaysia's Anti-Corruption…

Norway Invites Bids for Mature Offshore Oil and Gas Blocks

Jun 09, 2021

The Norwegian Ministry of Petroleum and Energy on Wednesday invited oil companies to apply for acreage in the mature areas of the Norwegian continental shelf as part of the Awards in predefined areas 2021 (APA 2021) licensing round.APA 2021…

Shell to Deepen Emission Cuts After Court Ruling, But Plans to Appeal the Decision

Jun 09, 2021

Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business…

Ørsted Joins Norwegian Offshore Wind Venture to Compete in Upcoming Bid Round

Jun 09, 2021

Ørsted, the world's largest offshore wind developer, has joined a consortium with Fred. Olsen Renewables and Hafslund Eco with the aim to compete in Norway's upcoming application round for offshore wind areas.'The Norwegian part of the North…

Siccar Point Applies for Cambo Field Development Consent

Jun 07, 2021

UK-focused oil and gas company Siccar Point Energy has made an application for consent to the Oil and Gas Authority for an environmental statement for the Cambo field development located near the UK/Faroe Island transboundary line.The Cambo…

Baltic Pipe Project Hits Snag over Mice and Bats Concerns

Jun 04, 2021

Baltic Pipe Project, a strategic EU infrastructure project led by Danish and Polish companies Energinet and Gaz-System to build a gas pipeline from the Norwegian part of the North Sea to Denmark and Poland, has hit a snag in Denmark over environmental concerns…

Exxon Mobil Relinquishes Stake in Ghana Offshore Block

Jun 04, 2021

Exxon Mobil has relinquished its 80% interest in Ghana’s Deepwater Cape Three Points offshore block, a spokesman told Reuters on Thursday.“Exxon Mobil is prioritizing near-term capital spend on the most advantaged assets with the lowest cost…

Lawsuit Challenges ExxonMobil's Exploration and Production Activities in Guyana

Jun 02, 2021

A landmark lawsuit filed against Guyana's government, arguing that oil production fuels climate change, could bolster legal action as court cases involving energy companies and state authorities surge, according to lawyers and environmentalists…

Biden Allows Chevron, U.S. Oilfield Services Firms to Remain in Venezuela till Dec. 1

Jun 02, 2021

Chevron Corp, the last major U.S. oil company still operating in Venezuela, received a new U.S. government license allowing it to remain in Venezuela until Dec. 1, the Treasury Department said on Tuesday.The United States beginning in 2019 imposed…

Nigeria Awards Marginal Oilfields

Jun 02, 2021

Nigeria has awarded the rights to develop marginal oilfields to 50% of the 161 firms shortlisted after they met all the conditions, the petroleum regulator said on Tuesday.Nigeria is looking to production from the fields to bolster state finances and increase local participation in the oil sector…

US to Review 16 Offshore Wind Project Plans, Advance New Lease Areas by 2025

May 25, 2021

The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open new areas for leasing off the coast of California as it seeks to supercharge development of the nascent U.S. industry, an Interior Department official said on Tuesday…

Nord Stream 2 Project: Russian Vessel Fortuna Starts Laying Pipes

May 24, 2021

Russian vessel Fortuna has started laying pipes for the Nord Stream 2 gas pipeline in German waters, the gas project said on Sunday, citing Germany's Waterway and Shipping Authority.Nord Stream 2, which runs on the bed of the Baltic Sea from Russia to Germany…

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