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Rules & Regulation

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As merger with Lundin goes into effect, Aker BP unveils plans to spend more than $15 billion on projects
Rules & Regulation

As merger with Lundin goes into effect, Aker BP unveils plans to spend over $15 bln on projects

The merger between Aker BP and Lundin’s E&P business has been completed, creating the largest listed E&P firm focused exclusively on the NCS.

about 4 years ago
All systems go for Wintershall Dea to bring North Sea tie-back on stream
Rules & Regulation

All systems go for Wintershall Dea to bring North Sea tie-back on stream

Wintershall Dea has secured all approvals from the Norwegian authorities to start production from a field in the North Sea off Norway.

about 4 years ago
Aker BP - Lundin merger to come into force today
Rules & Regulation

Aker BP – Lundin merger to come into force today

Aker BP expects the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, to be completed today.

about 4 years ago
Shell joining Equinor’s deepwater Gulf of Mexico project as operator
Rules & Regulation

Shell joining Equinor’s deepwater Gulf of Mexico project as operator

Equinor has inked a deal to transfer a majority stake and operatorship of its field in the Gulf of Mexico to Shell.

about 4 years ago
Following upgrades, world’s first hybrid-electric anchor handler completes sea trials
Rules & Regulation

World’s first hybrid-electric anchor handler completes sea trials

Maersk Supply Service’s AHTS vessel, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials.

about 4 years ago
Masirah Oil
Rules & Regulation

Following production shutdown off Oman, restart anticipated in two weeks

Masirah Oil is putting the wheels into motion to resume production at a field offshore Oman after it was stopped due to oil leakage.

about 4 years ago
To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables
Rules & Regulation

To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables

To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.

about 4 years ago
Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage
Rules & Regulation

Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage

The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with

about 4 years ago
Eco seals deal to increase stake in block off South Africa
Rules & Regulation

Eco seals deal to increase stake in block off South Africa

Eco (Atlantic) Oil & Gas has inked a deal to acquire additional interest in a block located offshore South Africa.

about 4 years ago
Council
Rules & Regulation

EU ministers agree higher 2030 targets for renewables, energy efficiency

The EU Council has adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition.

about 4 years ago
Stamp of approval for ConocoPhillips to drill North Sea wildcat
Rules & Regulation

Stamp of approval for ConocoPhillips to drill North Sea wildcat

ConocoPhillips has secured a drilling permit from the country’s authorities for a wildcat well located in the North Sea offshore Norway.

about 4 years ago
While Jadestone addressed ‘immediate risk of any further spill,’ Australian regulator keeping an eye on developments
Rules & Regulation

Australian regulator: Jadestone addressed ‘immediate risk of any further spill’

After an oil spill led to a production halt at a Jadestone-operated field off Australia, NOPSEMA intends to keep an eye on the situation.

about 4 years ago
Five Noble rigs to join Shelf Drilling’s fleet for $375 million
Rules & Regulation

Five Noble rigs to join Shelf Drilling’s fleet for $375 million

Shelf Drilling has inked a deal with Noble to buy five jack-up rigs, which are being sold to address concerns about the Noble-Maersk merger.

about 4 years ago
Woodside wins Bumi FPSO termination case as court dismisses appeal
Rules & Regulation

Woodside wins Bumi FPSO termination case as court dismisses appeal

After hearing the appeal filed by Bumi Armada, the court has ruled in favour of Woodside in a dispute over an FPSO charter termination.

about 4 years ago
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