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Norwegian oil and gas sector exempt from Utilities Directive rules on procurement

  • CMS Cameron McKenna
  • -
  • Norway
  • -
  • May 10 2013

Following a recent decision of the EFTA Surveillance Authority (available here), contracts relating to the exploration and extraction of oil and gas

Implications of the New Utilities Directive for oil and gas E&P activities

  • CMS Cameron McKenna
  • -
  • European Union, United Kingdom
  • -
  • April 24 2013

On 20 December 2012 the Council of the European Union published updated wording for the proposed Directive of the European Parliament and of the

Denmark receives exemption from EU procurement rules for E&P

  • CMS Cameron McKenna
  • -
  • Denmark, European Union
  • -
  • August 25 2011

On 28 July 2011, the European Commission, following a request from the Kingdom of Denmark, published its latest decision exempting the application of the European public procurement rules in relation to the exploration for oil and natural gas, and production of oil in Denmark (excluding Greenland and the Faroe Islands

Decommissioning tax relief Government commits to Decommissioning Relief Deeds

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • March 21 2013

In his budget yesterday the Chancellor finally committed to the introduction of Decommissioning Relief Deeds ("Deeds") which will give the oil and

New requirements to demonstrate financial responsibility for E & A Wells

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • December 18 2012

Last week DECC has issued new guidance (the “DECC Guidance”) on its requirements for those wishing to drill exploration and appraisal wells in the UKCS to show financial responsibility before consent for such wells will be granted

Non-consent provisions in joint operating agreements - Ithaca v NSE

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • July 11 2012

The Claimant (Ithaca) and the Defendant (North Sea Energy “NSE”) were participants, together with Dyas UK Ltd, in an oil field in the Moray Firth called the Jacky Field

Government response to independent review of the UK offshore oil and gas regime published

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • December 19 2012

On 18 December 2012 the Department of Energy and Climate Change (DECC) published a response (the “Response”) to the findings of an independent review of health and safety and environment standards for the UK offshore oil and gas regime (the “Maitland Review”

Impact of the Budget on Decommissioning Security Agreements

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • April 14 2011

The Government's announcement of the 2011 Budget contained an unexpected rise in the Supplementary Charge which has resulted in much comment and concern in the industry

UK government awards further blocks in the 26th oil and gas licensing round

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • January 10 2012

Energy Minister Charles Hendry recently announced that 46 new licences, covering 110 blocks, have been awarded to explore for hydrocarbons in the UK sector of the North Sea

Acergy to dispose of pipelay vessel to address Subsea 7 merger competition concerns

  • CMS Cameron McKenna
  • -
  • United Kingdom
  • -
  • August 22 2011

The OFT announced on 17 August 2011 that it has accepted undertakings from Acergy to dispose of a pipelay vessel in order to address competition concerns arising from the completed acquisition of Subsea 7 Inc by Acergy S.A. (since renamed Subsea 7 S.A

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