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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.

E&P 130
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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] – Andrew Dittmar, Principal Analyst Enverus Intelligence Research [1] How This Deal Affects Mid-Size Operators 1. . million per location. [2] million per location. [2]

Operator 130
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U.S. Climate Change Litigation: 2020 Update

The Energy Law

Lawsuits against fossil fuel companies: Investor Fraud Lawsuits: The first category of climate change litigation alleges that oil and gas companies defrauded investors by falsely stating that the company had fully considered the risks of climate change regulation and had factored those risks into its business operations.

Casing 52
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Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law

Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. Sojitz Energy Venture, Inc. Union Oil Co. of California , 394 F.

Royalty 52
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EPAโ€™s Proposed Rule on Vessel Incidental Discharges Brings VIDA One Step Closer to Full Implementation

The Energy Law

The VIDA tasks the EPA with developing national standards of performance for discharges incidental to the normal operation of primarily commercial vessels that are over seventy-nine feet in length. Although the deadline for doing so was December 4, 2020, these standards have not yet been finalized or implemented.

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Additional Guidance for Coronavirus-Related Distributions and Loans Under the CARES Act

The Energy Law

On June 19, 2020, the Internal Revenue Service (the โ€œIRSโ€) issued Notice 2020-50 which expands the categories of individuals eligible for coronavirus-related distributions (โ€œCRDsโ€), loans, and loan repayment suspensions as well as resolves some of the issues that were concerning plan administrators and employers under the CARES Act.

E&A 40
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BEYOND VIDEO-CONFERENCING and TECHNICAL FACILITATION SERVICE

Drillers

After starting in October and November 2019 The global impact of the COVID-19 pandemic spread around the world in the first few months of 2020. The process of planning, safekeeping and operating energy production facilities is a long term process, running into decades. The Day: Thursday 11th June 2020 The Time: 11.00

E&P 52