Deloitte - Petroleum Services Group

Latest Deloitte - Petroleum Services Group News

• Legislation will be put in place to allow UK North Sea companies to enter into contracts with government, which should guarantee the future tax relief on decommissioning costs.

• Onshore activity in the sector during 2011 has strengthened as the year progressed.

• On 30 December 2012, the Department of Energy and Climate Change (DECC) announced a second round of awards as part of the 26th Licensing Round whereby 46 more licences have been awarded, covering 110 blocks.

• The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) has announced the results of the Western Gulf of Mexico Lease Sale 218, which closed on 14 December 2011.

• The Republic of Sierra Leone's Petroleum Directorate announced on 9 January 2012 that it had opened a bid round for nine offshore petroleum exploration blocks on 29 December 2011.

• The Republic of Sudan's Oil Exploration and Production Authority (OEPA), part of the Government's Ministry of Petroleum, announced that a Licensing Round will be launched in early 2012 offering six exploration blocks.

• The Agencia Nacional de Hidrocarburos - ANH (Colombian National Agency of Hydrocarbonates) pre-launched the Open Round Colombia 2012 on 22 November 2011.

• Carl Hughes appointed as the DTTL Global Industry Leader for Energy and Resources
• Carl led Deloitte UK's E&R practice for ten years
• Carl has 28 years experience working in the oil & gas, metals & mining, power, water and shipping sectors throughout his career with Andersen and Deloitte

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