Arctic

Exploration & Production , Legislation , Lease Sales

Biden Administration Releases Proposed Offshore Leasing Plan

The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.

July 5, 2022

Field Development , Liquefied Natural Gas (LNG) , Midstream

Norway’s Hammerfest LNG Plant Extends Outage Another Week

Europe’s only large-scale LNG plant, at Melkoeya island just outside the Arctic town of Hammerfest, can process 18 million cubic meters of gas per day when fully operational.

May 16, 2022

Exploration & Production , International

Norway Asks Human Rights Court to Dismiss Arctic Oil Case

In its document, the attorney general also highlighted Norway’s role as a stable and predictable energy supplier to Europe in the wake of the Ukraine war and “Russia’s instrumentalization of energy.”

April 28, 2022

Field Development

Santos Says ConocoPhillips Road Dispute Not Slowing Alaska Oil Project

Although Santos has been locked in a battle with ConocoPhillips over access to an Alaskan road for its Pikka oil project, Santos said the dispute would not slow down the company's work on the project.

April 22, 2022

Business , Exploration & Production , Policy & Regulations

ConocoPhillips Challenges Permit for Santos’ Alaska Oil Project

The appeal marks the latest move in a dispute between ConocoPhillips and Pikka developer Oil Search, which Santos acquired last year, over fees that Oil Search would pay ConocoPhillips.

April 21, 2022

Exploration & Production

Gas Leak Spurs Evacuation at ConocoPhillips Alpine Field in Alaska

The leak was discovered on March 5 at a drillsite in ConocoPhillips’ Alpine oil field, one of the biggest oil fields in North Slope, Alaska.

March 9, 2022

Exploration & Production , Legislation , Lease Sales

Biden Administration to Scrap Trump Plan for Wider Alaska Oil Drilling

The U.S. Department of the Interior said it will scrap the Trump administration’s decision that authorized expanded leasing and development in the National Petroleum Reserve in Alaska, or NPR-A.

January 11, 2022

Exploration & Production , Lease Sales

Paltry Bidding for Alaska Oil Lease Sale

The only bidders were Louisiana-based independent Lagniappe Alaska LLC, which submitted bids for five North Slope tracts, and Savant Alaska LLC, operator of the Badami field on the eastern North Slope.

November 4, 2021

Exploration & Production

Hilcorp to Replace Exxon Mobil as Operator of Alaskan Oil Field

Exxon Mobil signed an agreement with Hilcorp to transfer the Point Thomson operator position, said Exxon spokeswoman Julie King, with the change in operatorship expected by early 2022.

October 25, 2021

Field Development , Discoveries , International , Health, Safety & Environment

EU To Seek Ban on Oil, Gas Exploration in the Arctic

The European Commission proposal reflects the EU's efforts to boost its role on the global stage, though it has limited influence in the Arctic.

October 13, 2021