News

  • People in the News

    Lloyd’s Europe names Breitburd CEO as Rottiers exits amid structural overhaul Lloyd’s has announced the chief executive of its European platform Sonja Rottiers will step down at the start of June and will be succeeded by former Axa UK CFO Amélie Breitburd.   Kaufman’s RB…

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  • Eni Bolsters Vietnam Presence

    Eni SpA revealed on the 12th April that, through its affiliate Eni Vietnam, the company has completed the acquisition of a 100 percent participating interest in and the operatorship of, Block 115/09 offshore Vietnam from Krisenergy (Vietnam 115) Ltd.   Block 115/09 covers an area…

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  • TGS to bolster multi-client survey offshore Timor-Leste and Australia

    TGS has announced the reprocessing of Kyranis 3D, a large cross-border multi-client seismic survey covering blocks in current exploration licence rounds offshore both Timor-Leste and Australia.   The 9,024 square kilometre survey will provide 3D broadband PSDM imaging for the first time in an area…

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  • Total Begins Producing Sustainable Aviation Fuel in France

    Total has begun producing sustainable aviation fuel (SAF) at its La Mède biorefinery in southern France and its Oudalle facility near Le Havre. The biojet fuel, made from used cooking oil, will be delivered to French airports starting in April 2021. Total will also be…

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  • ConocoPhillips awards offshore Norway intervention contract

    ConocoPhillips has contracted Archer A/S to provide wireline services on fields offshore Norway for five years, starting in the current quarter.   According to Archer, the deal makes it the largest mechanical intervention company operating on the Norwegian continental shelf in terms of contract backlog…

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  • Insurance Jottings

    Press Article: Standard Club expert tackles P&I’s US$1.8bn pilot problem 02 April 2021 John Dolan, Deputy Director of Loss Prevention, is helping protection and indemnity insurers to reduce the mounting cost of pilot-related claims.   Mr Dolan heads the International Group of P&I Clubs’ working…

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  • Turkey spuds fresh Black Sea well with Fatih drillship

    Turkey’s national oil and gas company TPAO has started drilling operations at an exploration well in the North Sakarya field, located in the Black Sea, using the Fatih drillship.   The start of operations on the Amasra-1 well was announced on the 8th April by…

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  • NBIM joining Borssele 1 & 2 offshore wind farm

    Ørsted has agreed to sell to Norges Bank Investment Management a 50% interest in the 752-MW Borssele 1 & 2 offshore wind farm in the Dutch North Sea.   The total value of the transaction is about €1.375 billion (US$1.633 billion). Closing is expected around…

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