Equinor's Castberg FPSO, located in the Arctic Johan Castberg oilfield, is expected to onstream in fourth-quarter 2024.
The release of the proposal by the Biden administration is only the second part of a three-step process to finalize “whether or how many” lease sales will be held in the five-year plan.
Europe’s only large-scale LNG plant, at Melkoeya island just outside the Arctic town of Hammerfest, can process 18 million cubic meters of gas per day when fully operational.
In its document, the attorney general also highlighted Norway’s role as a stable and predictable energy supplier to Europe in the wake of the Ukraine war and “Russia’s instrumentalization of energy.”
Although Santos has been locked in a battle with ConocoPhillips over access to an Alaskan road for its Pikka oil project, Santos said the dispute would not slow down the company's work on the project.
The appeal marks the latest move in a dispute between ConocoPhillips and Pikka developer Oil Search, which Santos acquired last year, over fees that Oil Search would pay ConocoPhillips.
The leak was discovered on March 5 at a drillsite in ConocoPhillips’ Alpine oil field, one of the biggest oil fields in North Slope, Alaska.
The U.S. Department of the Interior said it will scrap the Trump administration’s decision that authorized expanded leasing and development in the National Petroleum Reserve in Alaska, or NPR-A.
The only bidders were Louisiana-based independent Lagniappe Alaska LLC, which submitted bids for five North Slope tracts, and Savant Alaska LLC, operator of the Badami field on the eastern North Slope.
Exxon Mobil signed an agreement with Hilcorp to transfer the Point Thomson operator position, said Exxon spokeswoman Julie King, with the change in operatorship expected by early 2022.