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World Oil News
Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore oil and gas fields, associated production facilities and the onshore terminal. Source
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A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico, faulting the government with failing to sufficiently analyze its possible effects on the climate and endangered whales.  Source
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Woodside has entered into an agreement with Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore oil and gas fields, associated production facilities and the onshore terminal. Source
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A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of America, faulting the government with failing to sufficiently analyze its possible effects on the climate and endangered whales.  Source
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The Railroad Commission of Texas assessed $1,888,364 in enforcement docket fines against operators and businesses at the Commissioners’ open meeting on Wednesday.  The Commission has primary oversight and enforcement of the state’s oil and gas industry and intrastate pipeline safety. Source
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Attendees on Day 2 (March 26) of World Oil’s Deepwater Development Conference (MCEDD) in Madrid, Spain, were treated to a wide-ranging assortment of presentations on technical innovations in this special sector of the upstream industry. Source
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TotalEnergies and its partners, Equinor and Shell, announce the Final Investment Decision (FID) of the second phase of the Northern Lights development, which will increase the project transport and storage capacity from 1.5 million to more than 5 million tons of CO2 per year from 2028. Source
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Block Energy plc, the production and development company focused on Georgia, has announced its acquisition of a 10% participating interest in the XIQ Production Sharing Contract (PSC).  Source
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TotalEnergies and its partners, Equinor and Shell, announce the Final Investment Decision (FID) of the second phase of the Northern Lights development, which will increase the project transport and storage capacity from 1.5 million to more than 5 million tons of CO2 per year from 2028. Source
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The HSI Joint Venture, comprising HSM Offshore Energy, Smulders, and Iv, has successfully moved the Jasmund Offshore Substation (OSS) topside and lifted the transformers for 50Hertz at HSM Offshore Energy’s Stormpolder yard in the Netherlands. Source
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