News

  • European LNG imports to reach nearly 100 million t this year

    According to Reuters, Europe’s LNG imports are expected to increase to nearly 100 million t this year.   Reuters reports that, with demand for the cryogenic fuel falling in South Korea and Japan, and increasing slower than expected in China last year, Europe has become…

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  • UK oil and gas industry outlines transition plans

    The leading representative body for the UK’s offshore oil and gas industry, O&GUK, has outlined the details of its response to UK and Scottish Government net zero commitments in a keynote speech delivered by O&GUK Chief Executive Deirdre Michie OBE.   Click here for keynote…

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  • Insurance Jottings

    UK Financial Services Firms Prepare for Worst in Brexit Trade Talks Britain’s finance sector is losing hope of securing even basic access to European Union markets from the 31st December, as talk that the EU wants UK fishing rights in exchange draws the industry into…

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  • People in the News

    Gard names Kelly head of London defence P&I club Gard has named Marie Kelly vice president and head of the defence team in London.   Lloyd’s appoints Angela Crawford-Ingle to the board Lloyd’s has appointed Angela Crawford-Ingle as a new board member who succeeds Richard…

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  • Oceaneering and Aquaterra Partner in North Sea Decom

    Offshore engineering specialist Aquaterra Energy reported on the 29th January that it has signed a memorandum of understanding (MoU) with Oceaneering International Services Ltd to offer decommissioning and late-life solution packages to the North Sea oil and gas industry.   Aquaterra noted the MoU will…

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  • Bahamas Petroleum lines up offshore well for April

    London-listed oil company Bahamas Petroleum Company (BPC) expects to drill its initial exploration well in The Bahamas in April 2020.   BPC said in its said in an update on the 30th January that the well, named Perseverance #1, would be drilled in April and…

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  • Karish Main wells offshore Israel in completion phase

    Completions are currently being run on the three recently drilled Karish Main gas field development wells offshore Israel. According to operator Energean, the christmas trees should be installed before the end of March, allowing the wells to be integrated with the subsea infrastructure and connected…

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  • International Community Boosts Burundi Energy

    Work begins this week to develop a 7.5 MW solar field in Burundi by frontier renewable energy developer Gigawatt Global, a Dutch company with American investors and a founding partner of the US Power Africa initiative.   “It takes a global village to bring utility-scale…

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