Prince Charles Launches Partnership with Insurance Industry to Tackle Climate Change His Royal Highness the Prince of Wales launched his Sustainable Markets Initiative (SMI) Insurance Task Force during a visit at Lloyd’s on the 24th June. The SMI Insurance Task Force, convened by Prince…
The UK Oil and Gas Authority (OGA) has issued consolidated and updated guidance on flaring and venting, which it says sets out a tougher approach to driving reductions. The OGA said this approach is supported by updated reporting and disclosure, such as the OGA’s upcoming…
Following reports that Singapore’s Keppel Corporation and Sembcorp Marine are in talks to merge their offshore and marine businesses, the two players have now inked non-binding agreements related to the proposed combination in response to dramatic changes in the sectors. In a statement on…
Iranian Offshore Oil Company (IOOC) has produced oil for the first time from the upper Asmari reservoir of the Abuzar oil field in the Persian Gulf. Javad Rostami, head of Petroleum Engineering, told news service Shana that based on plans to drill five to…
US Secretary of State Antony Blinken said on the 23rd June that the Nord Stream 2 gas pipeline as a Russian geopolitical project which undermines the security of Ukraine, adding the United States wants to ensure Russia does not use energy as a coercive tool…
Putting aside the incredible spectrum of emotions which seem to be surrounding hydrogen as a technology, a concept or a political symbol, it is very much a thing worth paying very close attention to. In terms of a substance used industrially, it is quite…
UK oil and gas company Harbour Energy, formed through a merger between Premier Oil and Chrysaor, has experienced a negative impact on production during the first five months of the year due to planned maintenance and outages across its assets. However, as these shutdowns…
North Oil Company has awarded Valaris Limited a three-year rig contract for operations offshore Qatar, Valaris reported on the 22nd June. The contract secures the VALARIS JU-110 heavy-duty jack-up rig, Valaris noted in a written statement e-mailed to Rigzone. The firm added that…
The Ministry of Petroleum (MoP) of the Republic of South Sudan has launched the country’s first oil licensing round. The MoP has identified new exploration blocks with potential hydrocarbons and has compiled data to provide to interested investors, operators, and counterparties, the agency said…
Mammoet-Haisla joint venture (JV) has announced that it has completed the pile handing scope for the LNG Canada project through JGC-Fluor JV in Kitimat, British Columbia. This project will export LNG and put Canada on the global map of LNG exporting countries. Mammoet-Haisla…
