Offshore Regulations - page 30

 

Inmarsat Wins Court Case over 5G Use in The Netherlands

Jul 01, 2021

A Dutch court on Wednesday ruled in favor of Inmarsat in a dispute over the use of 5G bandwidth in the Netherlands, ordering the government to suspend a decision to reserve the bandwidth for telecommunications as of Sept. 1, 2022.Inmarsat currently uses the 3…

Nigeria: Parliament to vote on Oil and Gas Overhaul Bill Designed to Attract Investments

Jul 01, 2021

A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on the package as early as today, members of parliament told Reuters.Legislators have…

Orsted, EDF-Shell JV Wind New Jersey Offshore Wind Farm Tenders

Jul 01, 2021

New Jersey regulators on Wednesday announced that Orsted and a consortium between Royal Dutch Shell and EDF have been awarded two offshore wind farm tenders in the Northeastern state, which it said would be a boon for local manufacturing and create 7…

Engineering Firm Wood to Pay $177M to Settle Amec Foster Wheeler's Brazil Bribery Case

Jun 29, 2021

UK-based engineering firm John Wood Group, also known as Wood, on Monday said it had reached agreements with authorities in the UK, Brazil, and the U.S. to resolve their respective bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business…

Nigeria's Senate to Present Long-awaited Oil Overhaul Bill for Passage

Jun 29, 2021

Nigeria's senate will present a long-awaited oil overhaul bill to the full chamber for passage on Tuesday, according to an order paper seen by Reuters.The president sent the bill to the National Assembly in September last year, and presentation…

Part of Revenue from Eni's Sankofa Field to Go into Escrow, Ghana Court Rules

Jun 25, 2021

A commercial court in Ghana on Friday ordered that 30% of revenues from an Eni-operated oilfield be placed in an escrow account, granting a request by the local operator of an adjacent field over Eni's objections.Springfield, which operates…

Italy: Two Acquitted in Nigerian Offshore Block Graft Case

Jun 25, 2021

An Italian appeals court on Thursday overturned jail sentences handed down to Nigerian Emeka Obi and Italian Gianluca Di Nardo for their part in a graft case involving Eni and Shell in Nigeria.In a decision taken behind closed doors but read out to reporters afterwards…

TotalEnergies Confirms Suriname Offshore Block Awards

Jun 25, 2021

France's TotalEnergies confirmed Friday it had with its partner Qatar Petroleum been awarded Block 6 and Block 8 in the Suriname SHO Bid Round 2020/2021. TotalEnergies will operate the two shallow-water blocks, with depths between 30 meters and 50 meters…

Activists Protest Against Norwegian Oil Licenses in the Arctic

Jun 24, 2021

A group of environmental activists chained themselves in front of the Norwegian oil and energy ministry on Thursday to protest against the awarding of new oil exploration licenses in the Arctic.Carrying banners that said 'No to new oil' and…

No Plan 'Right Now' to Permanently Ban New Oil and Gas Leases, U.S. Interior Secretary Says

Jun 24, 2021

U.S. Interior Secretary Deb Haaland on Wednesday told a congressional hearing that there is no plan to permanently ban new oil and gas drilling on federal land but her agency will soon release a report that will assess the future of the federal oil and gas leasing program…

Seven Oil Firms Offered Offshore Acreage in Norway's 25th Licensing Round

Jun 23, 2021

Norway has awarded four exploration licenses to seven oil companies that include three for the Barents Sea in the Arctic in a sign that the country aims to continue to pump hydrocarbons for decades to come.The awards were part of Norway's so…

TotalEnergies, Qatar Petroleum, Chevron Submit Winning Bids for Suriname Offshore Blocks

Jun 18, 2021

U.S. oil major Chevron, and a consortium between France's TotalEnergies and Qatar's Qatar Petroleum have submitted winning bids for shallow-water offshore acreage in Suriname, Suriname's national oil company Staatsolie said Friday.Staatsolie…

Jailed Ex-Unaoil Exec Ordered to Pay Up Over Iraq Bribery Plot

Jun 18, 2021

A former senior executive of Monaco-based oil and gas consultancy, who was sentenced to jail over a bribery plot in post-occupation Iraq, has been ordered to pay 402,466 pounds ($560,000) by a London judge.The UK Serious Fraud Office (SFO), which prosecuted the case…

BOEM Seeks Public Comment on Empire Wind Offshore Wind Project

Jun 18, 2021

The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it would be conducting an environmental review of a potential wind energy project offshore New York and New Jersey.The agency said it would on Friday, June 18, 2021, BOEM publish…

Biden May Hinder Oil and Gas Drilling Despite Court Loss

Jun 18, 2021

U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions…

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