News

  • Yakaar-2 appraisal well confirms world-scale gas resource offshore Senegal

    Kosmos Energy has announced that the BP-operated Yakaar-2 appraisal well has encountered approximately 30 metres of net gas pay in similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing the 100 percent success rate of wells targeting the inboard Mauritania/Senegal gas trend.   Yakaar-2 was…

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  • Insurance Jottings

    Lloyd’s to Open Miami Office to Expand Its Latin American and Caribbean Business Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets.   “Latin America is a key market for Lloyd’s, with premium close…

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  • People in the News

    Lloyd’s confirms Sansom in CRO role; “People officer” Andrews exits Lloyd’s has appointed David Sansom as its new Chief Risk Officer (CRO), subject to regulatory approval.   The market also confirmed the departure of Annette Andrews, its Chief People Officer.   Tokio Marine Kiln shakes-up…

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  • Aramco, Weatherford sign long-term deal

    Weatherford International Plc has signed a five-year corporate procurement agreement with Saudi Aramco to deliver cementation, completions, liners, solid expandables, and casing exit technologies.   The agreement establishes a foundation for future collaboration between the two companies.   Jim Hollingsworth, vice president, Saudi Arabia, Weatherford,…

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  • Dominion Energy announces largest offshore wind project in US

      Dominion Energy is proposing the largest offshore wind development in the country to provide more renewable energy to its customers in the Commonwealth and provide a boost to the offshore wind industry on the East Coast.   The company filed an application with PJM,…

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  • Clear Risk of Slower Saudi Output Restart

    There is a clear risk of a slower restart of Saudi Arabian oil production despite the optimistic guidance by Saudi Aramco.   That is according to Rystad Energy Chief Oil Market Analyst Bjornar Tonhaugen, who made the statement in a post published on Rystad’s website…

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  • Corallian adds new blocks to UK portfolio

    UK oil and gas company Corallian Energy has been awarded exclusive licences over seven blocks and part blocks in the Inner Moray Firth (IMF) part of the UK Continental Shelf.   Corallian and its partners have been formally awarded these blocks by the UK Oil…

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  • Spirit Energy joins AFBE-UK Scotland

    Social enterprise AFBE-UK Scotland has announced energy operator Spirit Energy has signed up as a corporate partner.   Headquartered in the UK, Spirit Energy is one of Europe’s top independent oil and gas operators and employs more than 700 people across four countries.   Joy…

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  • Van Oord to install cables at wind farms offshore Taiwan

    Ørsted has contracted Van Oord for the cable installation works at the Greater Changhua 1 and 2a wind farms offshore Taiwan.   Located between 35 and 60 km (22 and 37 miles) off the west coast of Changhua County, the 900-MW Greater Changhua 1 and…

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