The U.S. government agency created after the 2010 Deepwater Horizon oil spill plans in coming weeks to unveil tougher financial requirements for offshore oil producers aimed at protecting taxpayers from the risk of cleaning up abandoned oil rigs.
Source: Offshore
U.S. Offshore Regulator to Unveil Tougher Environmental Safeguards
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Norwegian oil firm Statoil and its partners are studying the possibilities of expanding gas production at Norway’s biggest field, Troll, after 2020.
Source: Offshore
Statoil, Partners Study Troll Post-2020 Output Expansion
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Sound Energy has exercised its option to acquire a 55 percent participating interest in the Meridja exploration permit, onshore Morocco, from Oil & Gas Investment Fund S.A.S.
Source: Offshore
Sound Acquires 55% Interest in Meridja Permit, Onshore Morocco
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The Philippines’ Department of Energy grants a 2 year moratorium on the work program for Service Contract 55 in the Palawan Basin off the Philippines.
Source: Offshore
Philippines DOE Grants Moratorium on Palawan Basin's SC55 Work Program
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Singapore’s NauticAWT signs agreement with HARPS Holdings, raising $1.93 million through issue of new company shares to the latter.
Source: Offshore
Singapore's NauticAWT to Raise .9M Through Share Issue to HARPS
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Oil and Natural Gas Corp., with support from Aqualis, sets a new pre-monsoon rig move record offshore India, moving 33 mobile offshore drilling units from mid-March to May.
Source: Offshore
ONGC Sets New Pre-Monsoon Rig Move Offshore India
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The new chief executive of Brazil’s state-run oil company Petrobras, at the center of a huge corruption scandal, says that the investigation would continue relentlessly with the full support of the board.
Source: Offshore
Petrobras CEO Vows Corruption Investigation Will Go On
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Crude prices around $50 a barrel are enough for Venezuela’s state oil producer to avoid a default on its debt, company president and national oil minister Eulogio Del Pino says in an interview.
Source: Offshore
Venezuela Says Oil At Enough To Avoid PDVSA Default
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Norway’s total oil and gas production declines month-on-month, according to preliminary figures from the Norwegian Petroleum Directorate (NPD).
Source: Offshore
Norwegian Production Figures Decline M-O-M
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Dresser-Rand’s EVP shares how she has been able to lead through an ever-changing market.
Source: Offshore
Leading through Change: Judy Marks Shares Her Experiences
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