Four members of the Outer Continental Shelf Governors Coalition called on the US Department of the Interior to include all leasing options in the 2019-24 Outer Continental Shelf program that is being developed, “understanding that circumstances affecting leasing decisions could change during the course of the program’s development and implementation.”
Total SA plans to acquire 100% of the equity of Maersk Oil & Gas AS, a wholly owned subsidiary of AP Moller-Maersk AS of Copenhagen, for $4.95 billion in Total shares. Total also will assume $2.5 billion of Maersk Oil’s debt as part of a move that bolsters the French supermajor’s North Sea position.
A federal appeals court in New York rejected Constitution Pipeline Co. LLC’s request to overturn the New York State Department of Environmental Conservation’s (DEC) denial of a water quality permit for the interstate natural gas pipeline project.
Rosneft PJSC and an investment consortium have each completed the purchase of 49.13% stakes in Essar Oil Ltd. The investment consortium is comprised of UCP Investment Group and Trafigura, a physical commodities trading group.
Cooper Energy Ltd., Adelaide, has engaged Perth engineering and design consultants Atteris Pty. Ltd. to undertake engineering studies for the decommissioning of Basker-Manta field’s subsea oil wells and related systems in Bass Strait, offshore eastern Victoria.
The US Trade and Development Agency (USTDA) has awarded a grant to privately held Eko Petrochem & Refining Co. Ltd. (EPRC) for a feasibility study to recommend technologies and develop an implementation plan for a 20,000-b/sd modular refinery to be built on Tomaro Island in Lagos, Nigeria.