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North Sea remains a vibrant hotbed of technology innovation, regulator says 30 January 2024

The triple targets of supporting production, reducing emissions, and accelerating the transition to net zero are driving technological innovation in the North Sea, a new report from the North Sea Transition Authority (NSTA) has said. The 2023 Technology Insights report shows that 1,200 new technologies, including aerial drone and self-driving subsea vehicles, have been reported in the latest survey, a significant upswing from the 1,080 developments recorded the previous year, and 880 in 2021....

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Shell to end onshore oil operations in Nigeria after almost a century 16 January 2024

Shell has reached an agreement to sell its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group. The $2.4 billion (£1.8bn) deal marks the end of the energy major’s onshore operations in Nigeria where it has operated since the 1930s....

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Washington State adopts new regulation to improve process safety management 09 January 2024

The Washington State Department of Labor & Industries (L&I) has filed a formal update to workplace safety rules designed to prevent catastrophic events from happening at petroleum facilities in the state. The updated rules focus specifically on process safety management (PSM) at petroleum refineries, a move that has been commended by the US Chemical Safety and Hazard Investigation Board (CSB)....

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Offshore drilling company fined after crane boom collapse 08 January 2024

An offshore drilling company has been fined after a crane boom collapsed catastrophically. Nobody was hurt in the incident on 31 March 2016 but a chaotic scene ensued after the collapse of the Rowan Gorilla VII’s boom, with flying debris damaging a nearby vessel, whipping a hose out of control before it ruptured, leaving a cloud of cement dust....

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CSB releases report into fatal 2020 oil and gas well blowout and flash fire 02 January 2024

The US Chemical Safety and Hazard Investigation Board (CSB) has released its final investigation report into the fatal 29 January 2020 well blowout at the Daniel H. Wendland 1-H well in Burleson County, Texas. Three workers suffered fatal burn injuries from a flash fire that erupted when hydrocarbons from the well ignited, and a fourth worker was seriously burned but survived....

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Offshore companies fined a combined £1.2 million after worker injured on North Sea gangway 02 January 2024

Two offshore companies have been fined a combined total of more than £1.2 million after an offshore worker’s feet were crushed while walking along a gangway over the North Sea. The Health and Safety Executive (HSE) prosecuted Shell and Ampelmann Operations following the incident off the Norfolk coast on 17 October 2017....

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Repsol fined £160,000 for flaring and venting breach 15 December 2023

Oil and gas operating company Repsol has been given the highest fine the North Sea Transition Authority (NSTA) has ever issued for emitting greenhouse gases into the atmosphere without permission. The company has been fined £160,000 by NSTA for flaring and venting more than 73 tonnes of gas....

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COP28: Over 200 countries agree deal to transition away from fossil fuels 13 December 2023

In a landmark decision on 13 December at the COP28 climate summit in Dubai, UAE, nearly 200 countries reached an agreement to transition away from fossil fuels. This move is a first in the history of climate negotiations and marks a significant step towards addressing the escalating effects of climate change....

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President-elect Milei set to shake up Argentina’s oil industry 05 December 2023

According to energy research and consultancy firm Wood Mackenzie, the oil and gas sector will be a vital part of President-elect Javier Milei’s plans for the economy. However, the firm warns that Milei’s success in deregulating the sector and attracting more investment is still predicated on an effective and timely correction of the macroeconomic imbalances of the country....

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Key industry figures meet to discuss future investments in North Sea 05 December 2023

The UK’s North Sea Transition Forum, which comprises Government, regulators and industry chiefs gathered in Aberdeen on 29 November to discuss the outlook for investment in the North Sea following several strong votes of confidence in the basin....

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