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UK Firm Pioneers Offshore CCS & Hydrogen Storage with Innovative Well Technology Key Points: A UK firm introduces a groundbreaking well re-entry and re-abandonment tool for offshore CCS and hydrogen storage. This tool enables the re-utilization of existing offshore wells for carbon capture and hydrogen storage projects.
Elemental Energies has named Ross Provan as its head of Decommissioning, it said March 5. Elemental Energies has specialist teams working globally in subsurface, wells and facilities operations. It has an extensive record managing large-scale platform plugging and abandonment (P&A) and subsea well decommissioning.
The Report concluded that the Bureau of Safety and Environmental Enforcement (“BSEE”) lacks a robust oversight process (1) for ensuring the integrity of active offshore oil and gas pipelines and (2) to address the environmental risks posed by decommissioning and abandoning pipelines on the seafloor.
The Report concluded that the Bureau of Safety and Environmental Enforcement (“BSEE”) lacks a robust oversight process (1) for ensuring the integrity of active offshore oil and gas pipelines and (2) to address the environmental risks posed by decommissioning and abandoning pipelines on the seafloor.
Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 onshore wind farms and spinning off offshore wind assets. energy exports.
Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. 3] In South Carolina, the subject of offshore oil and gas activities is again poised for debate. The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda.
Some of the actions are related to development of renewable energy in Louisiana, whereas others aim to manage emissions. Actions under strategy 9 center around drafting new legislation to increase the plugging of abandoned and orphaned wells. Noteworthy actions include: ACTION 5.6 Associated Submitted Action Proposals: n/a).
BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. He stated that BPs initial faith in green energy was misplaced , leading to a strategic reset prioritizing stronger financial performance and higher shareholder returns. million and 2.5
Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. In South Carolina, the subject of offshore oil and gas activities is again poised for debate. The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda.
The Department of the Interior (“DOI”) recently published its semi-annual regulatory agenda, which includes two new planned rulemakings affecting federal offshore leases. 250.1409 (applicable to appeals of penalties assessed to federal offshore oil, gas, and sulphur leases) and § 290.4 9598 (Feb. 250.1403; NTL No. 86285 (Dec.
Recently, the court applied Doiron in the context of a contract to plug and abandon a series of offshore wells in Crescent Energy Services, L.L.C., and (2) Does the contract provide or do the parties expect that a vessel will play a substantial role in the completion of the contract? Carrizo Oil & Gas, Inc. [3]
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
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