In an effort to provide greater clarity and consistency, the Bureau of Safety and Environmental Enforcement (BSEE) on Friday issued a Notice to Lessees (NTL) to the offshore oil and natural gas industry regarding the development of Oil Spill Response Plans (OSRP). The NTL provides clarification of the bureau’s application of existing regulations concerning the [...]
Oil & Gas UK has underlined its commitment to tackling the health and safety issues around ageing infrastructure and life extension of assets, with the publication of a new management system guidance document. The publication has been designed to help duty holders effectively manage asset ageing and aid the decision making process around extending the [...]
Tidewater Inc. announced today the following update with respect to its negotiations with Sonangol, the national oil company of Angola, regarding Sonatide, the joint venture between Sonangol and Tidewater through which Tidewater markets its boat services to energy companies for operation in the waters offshore Angola. Tidewater has a 49% ownership interest in Sonatide. The [...]
March 12, 2012 | Posted in
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As stated earlier in January, SBM Offshore is facing increased challenges with the hook up and commissioning of the Yme platform. “Continuing intransigence and unreasonable client demands, which are being aggressively resisted, are contributing significantly to the very low productivity and increased scope of work, all of which are the subject of arbitration proceedings [...]
![BP, Cameron Settle Legal Issues Over Deepwater Horizon Incident]()
BP today announced that it has reached agreement with Cameron International Corporation (“Cameron”), the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to the Deepwater Horizon accident and spill. BP and Cameron have concluded that the settlement is in their mutual best interests, and the agreement [...]
![USA: BSEE Issues Safety Alert Related to Macondo Blowout]()
The Bureau of Safety and Environmental Enforcement (BSEE) yesterday issued a Safety Alert relating to the Macondo well blowout. The Safety Alert was distributed to oil and gas leaseholders and contractors working on the Outer Continental Shelf (OCS). It briefly summarizes the findings of the Joint Investigation of the Deepwater Horizon explosion and oil spill, [...]
![USA: Anadarko, BP Settle Deepwater Horizon Related Issues]()
Anadarko Petroleum Corporation today announced an agreement with BP to settle all of BP’s current and future claims against Anadarko associated with the Deepwater Horizon event. Under the terms of the settlement agreement, Anadarko agrees to pay $4.0 billion to BP, and both parties have agreed to mutually release claims against each other. As part [...]
![Azerbaijan: Shah Deniz Issues RFP and RFI to Three EU Pipeline Groups]()
On August 9, SOCAR as leader of the Shah Deniz Export Negotiating Team announced that a request for proposal (RFP) and a request for information (RFI) has been issued to the three main prospective EU pipeline groups for transit of Shah Deniz gas to Europe. These are IGI Poseidon, Trans-Adriatic Pipeline and Nabucco. In [...]
![Hyperdynamics Issues Invitation to Tender for 3D Seismic Survey Offshore Guinea]()
Hyperdynamics Corporation announced today it has issued an Invitation to Tender for a 3-D seismic survey covering approximately 4,000 square kilometers on its exploration block offshore Republic of Guinea. Acquisition of the new 3-D survey was approved by the Guinea project’s Petroleum Operations Management Committee during its recent semi-annual meeting in Conakry, Guinea. The Committee [...]
July 15, 2011 | Posted in
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![Russia: Gazprom, Eni Officials Discuss Bilateral Cooperation Issues]()
The Gazprom headquarters hosted yesterday a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed the issues of bilateral cooperation in the energy sector within the Strategic Partnership Agreement. The meeting addressed the preparation of a gas purchase contract between Gazprom [...]
