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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Federal Offshore Pipeline Decommissioning in BOEM Significant Sediment Resource Areas

The Energy Law

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 Enforcementโ€™s (โ€œBSEEโ€) longstanding practices. 250.1754. that, if left in place, would hinder other users of the OCS.โ€ 250.1700(b).

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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

On April 19, the United States Government Accountability Office (โ€œGAOโ€) released a report (the โ€œReportโ€) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.

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Iraq Reviews Summer Electricity Plan, Oil Developments

Iraq Business News: Oil & Gas

Approval of a new 40km gas pipeline from Al-Mahmoudiya to Bismayah to ensure full-capacity operation of the Bismayah power plant. The meeting also reviewed strategic oil projects, including: Basra-Haditha oil pipeline. Seawater supply pipelines and treatment plant at Basra Oil Company (BOC). Fifth and sixth licensing rounds.

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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

On April 19, the United States Government Accountability Office (โ€œGAOโ€) released a report (the โ€œReportโ€) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.

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DOI Regulatory Agenda Includes BSEE Rulemakings on Decommissioning and Bonding for Civil Penalty Appeals

The Energy Law

The Department of the Interior (โ€œDOIโ€) 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 ยง 290.4 9598 (Feb. 86285 (Dec.

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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country.

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