LogIn LogOut

Asian Oil & Gas Regulations - page 10

 

Lundin Granted North Sea Drilling Permit

Jan 30, 2019

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling…

Mexico Working to Strengthen Pemex Finances

Jan 29, 2019

Mexico's finance ministry said on Monday that it will implement measures to strengthen the finances and boost the production of state oil firm Pemex, specifically by increasing the limit on deductions for costs related to extraction and exploration…

UK Decommissioning Tax Relief Estimate in Question

Jan 25, 2019

Britain's public spending watchdog on Friday questioned a government estimate of 24 billion pounds ($31 billion) as the cost of tax relief to decommission oil and gas infrastructure.As one of the oldest and most mature oil basins, Britain's…

Alaska Officials Probe BP's Prudhoe Bay Wells After Spill

Jan 15, 2019

Regulators in the U.S. state of Alaska will investigate all of the oil and natural gas wells operated by BP Plc at its Prudhoe Bay oil field after the release of a small amount of crude oil and gas from a well that had earlier been shut.The…

Norway Supreme Court Hears Snow Crab Case with Implication for Oil

Jan 15, 2019

Norway's Supreme Court began hearing arguments on Tuesday on whether EU ships can fish for snow crab off Arctic islands north of Norway without permission from Oslo, a case that could decide who has the right to explore for oil in the region…

Norway Awards Record Number of Exploration Blocks

Jan 15, 2019

Norway awarded a record 83 blocks to explore for petroleum resources in mature areas of the Norwegian continental shelf, in a sign of continuing interest from oil companies in the country's oil sector, the energy ministry said on Tuesday.A lack…

Orsted Loses Political Support for Divestment

Jan 14, 2019

Shares in Orsted fell on Monday after the energy company, which is 50.1 percent owned be the Danish state, on Sunday announced that there was no longer political support for the divestment of its power business.The world's largest offshore wind…

Norway Ready to Claim Share of Russia's Arctic Finds

Jan 10, 2019

Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in the Barents Sea, the head of Norwegian Petroleum Directorate (NPD) said on Thursday.Norway and Russia in 2010 agreed a maritime border in the Barents Sea…

US Working on Arctic Oil Leases Despite Shutdown

Jan 10, 2019

Even as a partial shutdown halts the functions of many U.S. government departments, forcing the Department of the Interior to close national parks, the Trump administration is continuing to push for the expansion of oil drilling on sensitive…

Italy to Block Exploration Permits

Jan 09, 2019

The Italian government is planning to block the issuing of about 36 permits to look for oil and gas as part of plans to cut the country's carbon footprint, the industry ministry said on Wednesday.In a statement the ministry said upstream oil…

SeaRose FPSO Production Remains On Hold

Jan 07, 2019

Oil production continues to be suspended at the SeaRose FPSO, about 350 kilometers east of St. John’s for the last 50 days. There’s no information on when production will resume.Production was suspended and shutdown began on November 16 after two spills -  an estimated 250…

Shutdown Risks Delays to US Energy Initiatives

Jan 04, 2019

The partial government shutdown is increasing the chances of delays in U.S. energy initiatives from the release of President Donald Trump's proposed offshore drilling plan to allowing higher levels of ethanol in gasoline during summer months…

Caspian is Key for Lukoil

Dec 24, 2018

Alexander Oboronkov leapt at the chance to work on the Filanovsky platform after it was launched in 2016, keen to see Russia's largest Caspian Sea oilfield in action.The Filanovsky oilfield, along with the nearby Korchagin and Rakushechnoye fields…

Husky Gets Regulatory Approvals to Buy MEG

Dec 18, 2018

Canadian oil and gas producer Husky Energy Inc said on Tuesday it has received regulatory approvals to buy rival MEG Energy Corp, but MEG has yet to agree on the deal.In October, Husky made an unsolicited formal offer to buy MEG Energy in a deal valued at C$6…

Mexico Targets 50% Jump in Oil Output

Dec 17, 2018

Mexico aims to lift oil and gas production by almost 50 percent in the next six years and in January will award infrastructure and drilling contracts to develop 20 fields, state oil firm Petroleos Mexicanos said on Saturday.Octavio Romero, chief…

Current News

Financing Secured for 1GW Offshore Wind Project in Taiwan

Financing Secured for 1GW Offshore Wind Project in Taiwan

Taiwan Aims to Shed Dirty Power Reputation with Big Wind Push

Taiwan Aims to Shed Dirty Power Reputation with Big Wind Push

NRL Plans to Boost Low-sulphur Fuel Oil Output for Ships

NRL Plans to Boost Low-sulphur Fuel Oil Output for Ships

QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion

QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion

Malaysian FPSO Firm Bumi Armada Gets Hold of Indonesian Block with Two Discoveries

Malaysian FPSO Firm Bumi Armada Gets Hold of Indonesian Block with Two Discoveries

Mideast-Asia Oil Shipping Rates Rebound, Capped by OPEC+ Supply Cuts

Mideast-Asia Oil Shipping Rates Rebound, Capped by OPEC+ Supply Cuts

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com