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Caucasus Offshore Oil Newswire

  • Published on May 2, 2025

    US to revise offshore oil and natural gas bonding rules era Biden

    The Trump administration is revising a Biden era rule which required the oil and natural gas industry to provide new financial guarantees of nearly $7 billion to cover the costs of decommissioning older infrastructure. This was announced by the Interior …

    Source: World Energy News - Connecticut - Pending
  • Published on May 2, 2025

    US will revise Biden-era offshore oil and gas bonding rule

    (Reuters) -The Trump administration will revise a Biden-era rule that required the oil and gas industry to provide nearly $7 billion in new financial assurances to cover the cost of decommissioning old infrastructure, the Interior Department said on Friday …

    Source: Yahoo Finance - Pending
  • Published on May 2, 2025

    Greece Greenlights Tender for Offshore Oil and Gas Exploration

    May 2, 2025 © Andrei / Adobe Stock Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron and Helleniq Energy, the energy ministry said on Thursday …

    Source: Offshore Engineer News - Neutral
  • Published on May 2, 2025

    Equinor sells US$3.5Bn stake in Brazilian offshore oil field

    Brazilian oil and gas company PRIO’s subsidiary Prio Tigris has bought Norwegian oil major Equinor’s 60% management stake in the Peregrino oil field offshore Brazil. PRIO, Brazil’s largest independent oil and gas company, has agreed to pay US$3.35Bn and a …

    Source: Riviera - Neutral
  • Published on May 2, 2025

    Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

    With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats …

    Source: Offshore Energy - Neutral
  • Published on May 1, 2025

    Offshore oil platforms release toxic pollution into oceans and the air, new global study finds

    A new satellite-based investigation has revealed the world's most polluting offshore oil and gas facilities, exposing chronic oil leaks and greenhouse gas emissions previously invisible to the public. Rob Hutchins reports for Oceanographic. In short: A …

    Source: Environmental Health News - Left-wing
  • Published on 04:14 GMT

    In ‘massive failure,’ troops abandoned civilians at Zikim Beach on Oct. 7, IDF probe finds

    A squad of Israeli soldiers stationed near the border with the Gaza Strip abandoned civilians sheltering on Zikim Beach as Hamas terrorists invaded the coast during the terror group’s onslaught on October 7, 2023, an Israel Defense Forces probe published …

    Source: The Times of Israel - Right-wing
  • Published on 16:09 GMT

    Bulls Joins TVO's Global Business Development Team

    May 4, 2025 Trendsetter Vulcan Offshore (TVO), a developer of solutions for the offshore industry, expanded its global business development team with the addition of Barry Bulls as the new Business Development Lead for the US team. Image courtesy TVO …

    Source: Offshore Engineer News - Neutral
  • Published on 06:28 GMT

    Rekindling the spark for SPACs?

    Understanding the SPAC life cycle (Source: PwC) KUCHING (May 4): Once hailed as the future of public offerings, special purpose acquisition companies (SPACs) surged in popularity before facing a wave of skepticism and regulatory scrutiny. But are they …

    Source: Borneo Post - Neutral
  • Published on 16:09 GMT

    Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021

    The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this – including Saudi Aramco’s …

    Source: Offshore Engineer News - Neutral
  • Published on May 1, 2025

    Energy trip down memory lane: Offshore oil & gas discoveries to remember 2024 by

    While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse …

    Source: Offshore Energy - Neutral
  • Published on 07:24 GMT

    Oil spill bill ensures effective management of Guyana’s energy sector

    ON  Monday last, the long-anticipated Oil Pollution, Prevention, Preparedness, Response, and Responsibility Bill was tabled in the National Assembly. This marked a historic and significant step in Guyana’s ongoing efforts to strengthen systems aimed at …

    Source: Guyana Chronicle - Pro-Government
  • Published on 11:13 GMT

    Technip Energies wins significant engineering contract for Qatar megaproject

    French contractor Technip Energies has been awarded a “significant” engineering contract from India’s Larsen & Toubro for work on Qatar’s North Field Production Sustainability (NFPS) offshore compression project. Under this contract, Technip Energies, …

    Source: Upstream - Neutral
  • Published on 06:37 GMT

    Respect the law!

    VENEZUELA’S continued disrespect for international law is a risky escalation of its long-standing effort to annex Guyana’s sovereign Essequibo territory. The recent ICJ decision, where it voted 12-3 to bar Venezuela from holding elections in the Essequibo …

    Source: Guyana Chronicle - Pro-Government
  • Published on 10:19 GMT

    Why Golar LNG Limited (GLNG) Went Down On Friday

    We recently published a list of 10 Firms Battered by Poor Earnings, Dismal Outlook. In this article, we are going to take a look at where Golar LNG Limited (NASDAQ:GLNG) stands against other Friday’s worst performers. Wall Street’s major indices ended the …

    Source: Yahoo Finance - Pending
  • Published on 12:36 GMT

    Syrian energy minister calls for investment, lauds Türkiye's support

    Syria is open to foreign investment across its energy sector, from exploration to mining. It welcomes Turkish companies to participate in the country’s postwar reconstruction, according to Syrian Energy Minister Mohammed al-Bashir. "Syria is open to …

    Source: Sabah - Pending
  • Published on 05:05 GMT

    Doctors say regulator engaged in “box ticking” exercise with Scarborough gas approval

    The offshore oil and gas regulator engaged in a “box ticking” exercise when it waved through Woodside’s environmental approval on its $16.5bn Scarborough gas project, a new legal action claims. Doctors for the Environment Australia filed in federal court …

    Source: Renew Economy - Pending
  • Published on 02:42 GMT

    Syrian energy minister calls on Turkey to invest in Syria amid cross-border cooperation plans

    Syria is seeking foreign investment across its energy sector, from exploration to mining, and welcomes Turkish companies to take part in the country’s post-war reconstruction, Syrian Energy Minister Mohammed al-Bashir told Anadolu. “Syria is open to …

    Source: Zaman Al Wsl - Indeterminate
  • Published on 00:47 GMT

    World News | India, Angola Decide to Expand Energy Partnership

    New Delhi [India], May 4 (ANI): India and Angola have decided to expand their energy partnership with New Delhi also offering to share its experience in digital public infrastructure, space tech and capacity building with the African nation. The two …

    Source: Latestly - Indeterminate

01 days 11:35:10

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  • Published on May 2, 2025 - 06:00 GMT

    Shell Plc 1st Quarter 2025 Unaudited Results

                                  SHELL PLC 1st QUARTER 2025 UNAUDITED RESULTS                                                       SUMMARY OF UNAUDITED RESULTS Quarters $ million     Q1 2025 Q4 2024 Q1 2024 %¹   Reference       4,780    928    7,358    +415 …

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  • Published on May 1, 2025 - 23:13 GMT

    Secretary Burgum Visits Gulf of America to Discuss American Energy Dominance

    Statement from Interior Press: Secretary Doug Burgum traveled to the Gulf of America today to tour an offshore oil rig and liquefied natural gas export facility. During his visit, Secretary Burgum met with local energy workers to discuss President Trump’s …

    Distribution channels: Environment
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