The European Commission has approved the acquisition of OLT Offshore LNG Toscana by SNAM and the UK’s First State Investments International (FSI), under the EU merger regulation.According to the Commission, OLT is active in the management of…
UK oil and gas industry regulator Oil and Gas Authority (OGA) has revealed that it has launched a year-long UK Continental Shelf (UKCS) “mediation pilot”.According to the OGA, the pilot aims to test the extent to which mediation can resolve certain disputes between oil and gas licensees…
Southeast Asian focused upstream company Coro Energy Plc said that Duyung PSC partners have agreed to a six-month extension for receipt of the necessary Indonesian approvals for the transfer of a 15 percent interest in the Duyung PSC offshore IndonesiaIn February 2019…
PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has obtained a final administrative consent to purchase additional 10% interests in the PL636 and PL636B licences in the North Sea.Following the transaction, PGNiG Upstream…
British energy market regulator Ofgem has launched an investigation into National Grid and Scottish Power’s delivery of a high-voltage direct current (HVDC) subsea cable which carries energy from Scottish windfarms to north Wales.The Western HVDC - known as Western Link - is a £1…
The oil and gas industry might lose the social license to operate, and if it doesn't act quickly on helping solve the climate change problem, there may be no second chance.Tim Eggar, the Chairman of the UK Oil and Gas Authority (OGA) addressed…
Norway has offered exploration acreage in mature offshore areas to 28 companies of 33 which had applied as part of the Awards in Predefined Areas (APA) 2019.The Norwegian Petroleum Directorate said Tuesday that 28 oil companies had been offered…
Equatorial Guinea’s minister for mines and hydrocarbons Gabriel Mbaga Obiang Lima has signed several MoU with bidders of the country’s 2019 Licensing Round.The government of Equatorial Guinea last year offered 27 free blocks for exploration…
Mexico's President Andres Manuel Lopez Obrador said on Wednesday his government was not contemplating reopening oil and gas auctions this year, ending hopes his left-leaning government will soon spur private investment in the energy sector.'It's not contemplated…
Russian natural gas producer and LNG major Novatek said that its wholly-owned subsidiary Arctic LNG 1 has secured the rights to explore the Bukharinskiy license.Arctic LNG 1 won on the auction for geological survey, exploration and production…
Equinor has secured approval from the Norwegian Petroleum Directorate (NPD) to begin drilling the well 66046604/5-2 S, which is located in the Norwegian Sea.A press note from NPD said that the well 30/6-31 S will be drilled from the West Hercules…
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge, a Norwegian unit of the German oil company Wintershall Dea, a drilling permit for well 66046604/5-2 S, which is located in the Norwegian Sea.According to NPD, the well…
Throughout 2019 Africa has led licensing round activity; looking forward to 2020 this is set to continue, however results of the recent rounds have had limited success in a global context.Eight licensing rounds are open or have closed in Africa…
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-9 S, cf. Section 15 of the Resource Management Regulations.Well 25 / 7-9 S shall be drilled from the drilling equipment Leiv Eiriksson at position 59 ° 15'17…
Connecticut’s Department of Energy and Environmental Protection (DEEP) has selected Vineyard Wind’s 804-megawatt (MW) Park City project as the winner in a major offshore wind solicitation, setting up the seaport city of Bridgeport to become a significant hub for the emerging U…