Four Greenpeace activists on Tuesday boarded the heavy transportation vessel carrying Shell's Penguins FPSO aboard, calling on the oil major to 'Stop Drilling. Start Paying.'Six Greenpeace International activists attempted, and four managed to board Boskalis' White Marlin vessel in the Atlantic Ocean north of the Canary Islands. The heavy transportation vessel is carrying the recently delivered 34…
The U.S. Department of the Interior said Monday that President Biden would take action to designate about 2.8 million acres in the Arctic Ocean nearshore the National Petroleum Reserve-Alaska (NPR-A) as indefinitely off-limits for future oil and gas leasing…
The Arctic LNG 2 project in Russia is on track to start production of the first train in 2023, Mitsui & Co Ltd Chief Financial Officer Tetsuya Shigeta said on Tuesday. The Japanese trading house intends to stay in the Sakhalin-2 gas and oil…
Oil companies in Norway must increase their exploration activity in remote regions like the Arctic Barents Sea for the country to find the remaining reserves of oil and gas beneath its oceans, the Norwegian Petroleum Directorate said on Thursday…
An ailing crewmember was medevaced from a U.K.-registered pipe laying vessel 167 miles offshore Marsh Island, La., in the U.S. Gulf of Mexico.The U.S. Coast Guard said its Sector New Orleans watchstanders received a call around 3 p.m. on Monday…
U.S. investment firm Kohlberg Kravis Roberts (KKR) has agreed to buy Norwegian ship owning company Ocean Yield for 7.2 billion Norwegian crowns ($829 million), the two companies said in a joint statement on Monday.KKR's bid of 41 Norwegian crowns…
U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions…
Norwegian climate activists have asked the European Court of Human Rights (ECHR) to rule against Norway's plans for more oil drilling in the Arctic, the campaigners said on Tuesday, arguing the country's exploration deprives young people of their future…
At the SMM Hamburg's Offshore Dialogue online conference on February 2, international experts will discuss current trends in the offshore wind farms segment, technical challenges facing tidal and wave energy conversion, and innovative ocean monitoring technologies…
The Trump administration on Thursday proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska to ease the way for petroleum extraction in the region, an effort that President-elect Joe Biden will likely throw out once in office…
U.S. Congressman Frank Pallone, Jr., the representative for New Jersey's 6th congressional district, announced that the House Democrats’ appropriations bill for the fiscal year 2021 would ban offshore drilling in the Atlantic Ocean. In May,…
Virginia Democratic-led lawmakers on Tuesday passed a bill to block future oil and gas development off the state's coastline, reflecting opposition to the Republican Trump administration's efforts to open Atlantic waters to fossil fuel exploration…
Russian and Norwegian exploration and production (E&P) operators have been expanding their operations in the Arctic continental shelf, which is estimated to hold vast deposits of hydrocarbons and rare earth minerals.Warming temperatures in the…
Sea usesWhile others are known as rulers of the seas, Norway has been more known as users, locally and worldwide. No wonder, since Norwegian waters are covering an area of close to six times the size of the Norwegian land areas.There is considerable…
The head of Russia's Rosnedra subsoil agency said on Tuesday that the development of the Pobeda (Victory) offshore Arctic oilfield in the Kara Sea is feasible only at oil prices of $130 to $140 per barrel, Interfax news agency reported.Rosneft…
