The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has approved Statoil to resume drilling in the Gulf of Mexico. The approved permit is a revised permit to drill a new well for Statoil Gulf of Mexico LLC Well #1 in Walker Ridge Block 969 in 7,813 feet water depth, approximately 219 miles off the Louisiana shoreline, south of Houma, Louisiana.
Statoil’s Well #1 is a new well. The operator had a rig under contract and an approved permit to drill a new well when activities were halted due to the temporary drilling suspensions imposed following the Deepwater Horizon oil spill.
Statoil has contracted with the Marine Well Containment Company (MWCC) to use MWCC’s capping stack to stop the flow of oil should a blowout occur.
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Canada will establish two new Arctic consulates in Alaska and Greenland and appoint a dedicated Arctic ambassador as part of a long-awaited strategy for a region where Russia and China are increasingly seeking to assert their influence.
By Sanne Wass (Bloomberg) — Denmark received no bids in its largest-ever wind power tender, aimed to more than triple its offshore capacity by the end of the decade. The Danish...
The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance on the US market. That’s a bet that may pay off sooner than expected if President-elect Donald Trump follows through on his tariff threats.
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