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Tag Archives: Offshore Drilling

Croatia opens tender for Adriatic oil and gas exploration

By Igor Ilic ZAGREB, April 2 (Reuters) – Croatia published an international tender for oil and gas exploration blocks in the Adriatic on Wednesday, hoping to attract major oil firms and start production in five years despite protests from local environmental groups. The tender will run for seven months, and the government is expected to award concessions in early 2015 at the ...

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Court rules offshore oil leases in Alaska Arctic are too flawed

ocean drilling

In another blow to offshore oil drilling in the Alaska Arctic, a federal appeals court on Wednesday ruled in favor of environmental and Alaska Native groups and concluded the federal government failed to properly evaluate the scale of oil production that could result from a 2008 lease sale, throwing those leases into question. Royal Dutch Shell, the biggest leaseholder offshore ...

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Iran to complete South Pars gas field development in 3 years

South Pars

Iran’s giant South Pars gas field will be finished in three years, deputy director of Iranian Offshore Engineering and Construction Company, Gholamabbas Jokar said, the ISNA News Agency reported on Dec. 16. “Once all the phases of South Pars come on stream, the oil ministry needs to put the focus on other fields such as Golshan, Ferdowsi, Farzad A, and ...

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McCrory raises NC’s profile in offshore drilling push

offshore drilling

DURHAM — North Carolina is among a group of coastal states pressing the Obama administration to end a two-decade moratorium and allow offshore exploration for oil and natural gas. Advocates here are hoping to get North Carolina included on the federal list of ocean waters to be set aside for future exploration. Gov. Pat McCrory was recently made vice chairman ...

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