News

  • Insurance Jottings

    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…

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  • OGA Tightens Flaring and Venting Guidance

    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…

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  • IOOC produces oil from third Abuzar reservoir offshore Iran

    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…

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  • Qatar Drilling Contract Goes to Valaris

    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…

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