INTERCARGO has “cautiously welcomed” the recent proposal by EU Parliament’s Rapporteur, MEP Peter Liese, to update Amendment 9 of the EU emissions trading system (ETS) draft directive and support the ‘polluter pays’ principle.
A review of the oil and gas industry’s progress against the terms of the North Sea Transition Deal has shown strong progress, OGUK says.
U.S. senators John Thune (R-S.D.) and Amy Klobuchar (D-Minn.), both members of the Senate Committee on Commerce, Science, and Transportation, have introduced the Ocean Shipping Reform Act, bipartisan legislation that would update federal regulations for the global shipping industry.
Following an off-market takeover bid from Samuel Terry Asset Management, one of FAR’s shareholders has repudiated the offer.
Western Gas has now secured all necessary government approvals required to drill the Sasanof-1 exploration well on the North West Shelf.
Norway’s Ministry of Petroleum and Energy has approved a development plan from Equinor for the first phase of the Kristin Sør project.
Pilot Energy and Triangle Energy have abandoned their plans under which Pilot would farm out an exploration permit off Australia to Triangle.
Following a revision of its backlog, Saipem has withdrawn its outlook from October 2021, citing significant deterioration of some projects’ margins.
Three oil & gas companies have been granted drilling permits by Norwegian authorities for wells in the Norwegian Sea and the North Sea.
Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.
London-listed Kistos is buying interests in several gas fields located West of Shetland from French major TotalEnergies.
The recent collision in the North Sea highlights hidden safety threats arising from disregarding maritime procedures for the sake of profit.
U.S. judge has invalidated the results of an offshore oil and gas lease sale in the Gulf of Mexico held by the Biden administration in 2021.
Shell has received consent from Norway’s offshore regulator for exploration drilling in the Norwegian Sea with one of Transocean’s rigs.
