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(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. Hambly, President and CEO of Murphy Oil.
In recent years, offshore companies have witnessed a marked uptick in the number of enforcement actions undertaken by the Bureau of Safety and Environmental Enforcement (BSEE). [1] BSEE has also begun to target offshore contractors, who, until recently, have not faced exposure to agency enforcement actions. See Island Operating Co.,
and European major oil companies are beginning to re-evaluate their business structure and investment strategies in light of the current financial, legal, and social climate. Given the advantages and opportunities, oil companies are investing in wind power as they move into the realm of renewable energy. homes for a year.
In recent years, there has been an increase in the number of denials of applications to decommission offshore pipelines in place in a departure from the Bureau of Safety and Environmental Enforcement’s (“BSEE”) longstanding practices. that, if left in place, would hinder other users of the OCS.” 250.1700(b). million cubic yards).
This is the first in a series of articles in which Liskow’s offshore team will discuss the regulatory framework for wind energy projects in federal waters and highlight legal issues pertinent to this dynamic area. To date, the development of offshore wind in federal waters has largely been limited to the east coast. 556.400; 30 C.F.R.
By Jason Johanson On Friday, March 6, 2009, Interior Secretary Ken Salazar stated that the agency is considering an appeal to the United States Supreme Court of the decision in Kerr-McGee Oil & Gas Corp. 3d __, 2009 WL57883 (5th Cir. Department of the Interior , __ F.3d
On February 10, 2009, United States Secretary of the Interior Ken Salazar detailed a four-part strategy to establish a comprehensive offshore energy plan. Finally, Salazar announced that in the coming months he will issue a final rulemaking on offshore renewable energy resources.
By Stepehen Wiegand In October 2009, EPA promulgated the Mandatory Reporting of Greenhouse Gases Rule. The proposed rules would require the reporting of fugitive and vented methane and carbon dioxide emissions, including carbon dioxide, methane, and nitrous oxide combustion emissions from flares.
and European major oil companies are beginning to re-evaluate their business structure and investment strategies in light of the current financial, legal, and social climate. Given the advantages and opportunities, oil companies are investing in wind power as they move into the realm of renewable energy. homes for a year.
Kerr-McGee Oil & Gas Corp. 3d __, 2009 WL 57883 (5th Cir. Dep’t of Interior , __ F.3d Relying on its 2004 decision in Santa Fe Snyder Corp. Norton , 385 F.3d 3d 884 (5th Cir. 2004), the court held that Section 304 of the RRA unambiguously entitled Kerr-McGee to unconditional royalty relief on minimum volumes of production.
Department of the Interior, the United States Court of Appeals for the District of Columbia Circuit issued a ruling on April 17, 2009 vacating the Department of the Interior’s statutorily-mandated five-year offshoreoil and gas leasing program for the period 2007-2012.
by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash.
Further, this section directs FERC with the Secretaries of Energy, Transportation and Interior to “facilitate the.the construction of pipelines necessary to transport oil and natural gas through NPRA to existing transportation of processing infrastructure on the North Slope of Alaska.”
These standards aim to minimize the discharge of pollutants such as aquatic nuisance species, bacteria or pathogens, and oil and grease into the waters of the United States and the contiguous zone. The VGP requires Lakers built after January 1, 2009, or “New Lakers,” to meet its numeric ballast water discharge standard.
404 (2009). Liskow & Lewis is committed to remaining at the forefront of developments in all areas of maritime and oil and gas law and is a recognized leader in this field. The issue was later complicated, however, when the Supreme Court decided Atl. Sounding Co. Townsend, 557 U.S.
In 2009, the Obama administration established estimates of the social cost of carbon (“SCC Estimate”) that all agencies were required to use in their regulatory cost/benefit analysis. Judge Cain also noted that using the SCC Estimate in oil and gas lease reviews would “artificially increase the cost estimates of lease sales.”.
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