BEHIND THE
NEWS
PETROLEUM CHANNEL (BTNP) - BACK ISSUES
2012 |
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P666 |
Wednesday, 9 May 2012
Statoil's Rigs - II |
- Maritime Contractors Worried about Ownership
- Early Hints that Statoil Could be Rig Owner
- Later Transferred to License Groups
- Yet, only Normal Long-Term Contracts Until Now
- Ownership Option Now Limited to New Jack-Ups
- Negotiating Chip - or What?
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P665 |
Monday, 7 May 2012
Statoil's Rigs - I |
- Statoil Awards Long-Term Rig Hire Contract to Aker
- Category B Specially Designed for Intervention
- Aker Seems to be the Main Innovating Party
- Procedures Apparently Different for D and J Rigs
- What Kind of Rig-Owner Participation in Innovation?
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P664 |
Thursday, 19 April 2012
Taxing Dragons |
- Icelandic Tax System Improved
- But Far from Good Enough
- Fields Must Have Very High Profitability
- Loses More Projects than Norwegian System
- Unfortunate Rule about Capping Rental Payments
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P663 |
Monday, 16 April 2012
Will the Dragon Fly? |
- Active Jan Mayen Ridge Petroleum System
- Three Groups Bid in 2nd Icelandic Round
- Start with Seismic Programs Only?
- Necessary to Join Forces?
- Will Petoro Participate?
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P662 |
Monday, 9 April 2012
Slower in Norwegian Sea |
- Few Potential Offers in Norwegian Sea
- Aasta Hansteen Carpet Growing
- Some New Sub-Basalt Blocks
- But BG Drops License
- ExxonMobil, Chevron Persist
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P661 |
Saturday, 7 April 2012
Barents Take-Off |
- Record-High Barents Offer Considered
- Barents Takes 80% of Frontier Attention
- Exploration Push towards Borders of Open Area
- Hottest Zone around Skrugard/Havis
- Hoop Trail Goes into Svalbard Box
- Exploration Knocking on Door to Barents SE
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P660 |
Tuesday, 3 April 2012
New UK Dash for Gas |
- UK Starts New "Dash for Gas"
- Facilitated by New Electricity Market Reform
- Minister: Gas with CCS is Destination Fuel
- More Gas Imports in 2030 than Today
- Even without CCS, 2050 Gas Use 60% of 2007
- New Gas without CCS "Grandfathered" until 2045
- Capacity Market to Compensate for Swing Production
- Selective Subsidies for Renewables to be Phased Out
- Replaced with Technology Neutral Feed-In Tariffs
- New CCS Delivery Programme
- Now also the Nuclear Industry Needs Subsidies
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P659 |
Monday, 19 March 2012
Roadmap's Playing Field |
- EP Majority: Milestones for Renewables
- Rejected by the UK
- Demands Level Playing Field
- Includes CCS, Nuclear, Renewables
- UK Opens up for Shale Gas Production
- Seen as Contribution to Security of Supply
- Gives Good Reason for Avoiding Milestones
- Roadmap Biased in Favour of Renewables
- Even in Alleged Technology-Neutral Scenarios
- Under-Estimate the Future Role of Gas
- Poland Opposes New Emission Milestones
- Statoil Agrees to "Market Price" in E.ON Contracts
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P658 |
Thursday, 23 February 2012
Gas in Roadmap |
- EU Roadmap Confirms Role of Gas
- Imports 68-98% of 2010 Level in 2050
- Range of all Decarbonisation Scenarios
- All except Outlier Scenario above 84%
- Gas Penetration Highly Price Sensitive
- Model's Price Assumptions Disfavour Gas
- Lower Gas Price Will Increase Demand
- Norwegian Gas Must Stay Competitive
- Lower Resource Rent Must be Expected
- Can Tax System Stay the Same for Oil and Gas?
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P657 |
Monday, 20 February 2012
Barentspipe - III |
- LNG Trade Will Equalize Prices
- But also Cause a Volatile Market in Europe
- Staying Competitive Most Important
- Pipeline Best for Long Term Resilience
- Minor Gains from Destination Flexibility only
- Quickly Cancelled by Pipeline's Economy of Scale
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P656 |
Monday, 20 February 2012
Barentspipe - II |
- Northern Industry Group Favours Train II
- Says Market Flexibility Is Important
- Statoil, Minister Will Consider Same Point
- Huge Price Differences USA/Europe/Far East
- But Due to Extraordinary Circumstances
- More LNG Will Act as Market Equalizer
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P655 |
Tuesday, 7 February 2012
Elephant in a Glass Shop - III |
- Government May Veto EU's HSE Regulation
- All Industry, Trade Unions, Reject Proposal
- Opposition also from the UK, other EU Countries
- Veritas Invalidates Commission's Risk Assessments
- Costs much Higher than Alleged Risk Reduction
- Good and Bad Amendments in Draft Council Version
- Tripartite Consultations Briefly Included in Annex
- Why is the Commission so Insistent on a Regulation?
- Why Does Bellona Side with the Commission?
- A Back Door Into Resource Management?
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P654 |
Tuesday, 31 January 2012
Barentspipe - I |
- Gassco Submits Gas Infrastructure Study
- "Barentspipe" Could be Operational by 2020
- Five Years Later in Case of LNG Train II
- Statoil, Snøhvit Group Still Undecided
- What Resource Base Should We Plan for?
- How much is already Available?
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P653 |
Monday, 16 January 2012
Elephant in a Glass Shop - II |
- What Happened to the Trade Unions?
- Remembered by EU Parliament
- Ignored by Commission
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P652 |
Monday, 9 January 2012
Elephant in a Glass Shop - I |
- Commission Proposes HSE Regulation
- Praises UK/Norwegian System
- Copies Goal Setting Approach
- But No Tripartite Cooperation
- In Details, some Good, some Bad, much Uncertain
- Enforcement Would Disrupt National Systems
- In Current Shape Unacceptable for Norway/UK
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P651 |
Monday, 2 January 2012
Agenda Specified |
- Liberals Agree to 21 of 27 Con/Progress Motions
- Opposition United on Tax, Diversity, Petoro, Preparedness
- Also about many IOR Related Proposals
- All Motions Defeated by Red-Green Majority
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