Press

Ashurst Comment: Brexit Technical Notice - Oil and Gas

Posted by OilVoice Press - OilVoice

14-Sep-2018


The UK Government has today published the second tranche of technical notes, outlining the government's preparations for a no-deal Brexit. Commenting on the technical notice on how oil and gas energy businesses would be affected if the UK leaves the EU with no deal, Julia Derrick, oil and gas partners at law firm Ashurst said:

"For companies involved in the upstream sector, it is reassuring to have clarity that, in the event of a "no deal" outcome, the licensing and environmental regime relevant to upstream industry in the UK will remain broadly the same and that no action needs to be taken by UK or EU companies.  However, as emphasised in Oil and Gas UK's Economic Report published earlier this week, a "no deal" scenario could have negative economic consequences for the upstream oil and gas industry, in terms of issues such as increased costs of trading and difficulties in accessing markets and labour."

AshurstBrexitUnited Kingdomo&gOilgasAbraxas Petroleum

More items from oilvoice


Seasonality in Brazilian Petroleum Liquids Production is Driven by Biofuels

Source: U.S. Energy Information Administration, International Energy Statistics , and Short-Term Energy Outlook Brazil's ethanol output is seasonal and typically peaks during the fourth quarter (October–December) of each year. The peak coincides with the harvest of sugarcane, the primar ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > EIAEnergy Information Administration EIABrazil +4

Africa Energy - Market Announcement

VANCOUVER, Sept. 21, 2018 /CNW/ - Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) ("Africa Energy" or the "Company") acknowledges the stock trading halt in Pancontinental Oil and Gas NL (ASX: PCL) ("PCL") today pending an announcement regarding the Cormorant-1 well offshore the R ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Africa EnergyASXAfrica +2

NPD: Delineation of the Hanz Field and Dry Wildcat Well in the North Sea - 25/10-16 S, A and C and 25/10-16 B

Aker BP ASA, operator of production licence 028 B, has concluded the drilling of appraisal wells 25/10-16 S, A and C on the Hanz field, as well as wildcat well 25/10-16 B drilled in production licence 915 just southeast of the Hanz field. The wells were drilled about 14 kilometres north of the Iv ...

OilVoice Press - OilVoice


Posted 2 days agoPress > NPDNorwegian Petroleum DirectorateNorway +7

Tower Resources: South Africa Update – Farm-out Process

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed oil and gas company with its focus on Africa, is pleased to provide the following update on its Algoa-Gamtoos licence in South Africa, in which the Company holds a 50% interest through its wholly owned subsidiary Rift Pe ...

OilVoice Press - OilVoice


Posted 2 days agoPress > Tower ResourcesSouth AfricaOffshore +5

South Africa Update – Farm-out Process

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM-listed oil and gas company with its focus on Africa, is pleased to provide the following update on its Algoa-Gamtoos licence in South Africa, in which the Company holds a 50% interest through its wholly owned subsidiary Rift Pe ...

OilVoice Press - OilVoice


Posted 2 days agoPress
All posts from oilvoice