A leading provider of integrated logistics solutions has welcomed landmark vessels which represent successful diversification into new sectors. NorSea UK’s Peterhead facility recently received its first ever grain and coal vessels, taking the company into important new marketplaces and maximising recent multimillion-pound investment in…
UK Must Avoid Being a ‘Mere Taker’ of EU Financial Services Rules in Return for Access Britain should not submit to the European Union’s financial services rules just to get better access to the bloc’s market after Brexit, Bank of England Governor Andrew Bailey said…
Premier Oil has announced the proposed appointment of three additional directors to its board. Alan Ferguson, Margareth Ovrum and Andy Hopwood will be appointed following the completion of the proposed merger between the company and Chrysaor Holdings Limited by way of reverse takeover. The…
The Norwegian Petroleum Directorate (NPD) has granted Chrysaor drilling permits for two wells located in the North Sea offshore Norway. The NPD said on the 11th January that Chrysaor had been granted a drilling permit for wildcat well 15/12-25 and another one for wildcat…
Construction is expected to begin “shortly” on the 110MW Moura solar farm in Queensland’s Banana Shire after the project was bought by Greek industrial company, Mytilineos. Esco Pacific said on the 5th January that it had completed the sale of the power purchase agreement-backed…
The European Commission’s Fuel Cells and Hydrogen 2 Joint Undertaking has awarded the Oyster project consortium €5 million (US$6 million) to investigate and demonstrate a combined offshore wind turbine and electrolyser system designed for operation in marine environments. The consortium, which consists of ITM…
Oil major BP has reportedly relaunched the sale of its North Sea assets it initially tried to sell to Premier Oil before it was taken over by another UK player, Chrysaor. Citing industry sources, Reuters reported on the 7th January that BP had relaunched…
Ghana is set to open sub-Saharan Africa’s first liquefied natural gas-to-power project as it moves to position itself as a hub for the cleaner and cheaper fuel in the region. LNG-to-power projects have been booming from Asian to Latin American in recent years as…
In June 2017 Saudi Arabia, Egypt, the United Arab Emirates and Bahrain commenced a blockade on Qatar by land, air and sea. The decision to sever relationships with Qatar was seen as an attempt to force them to change a number of diplomatic policies, in…
PGNiG Upstream Norway has received formal approvals from the Norwegian petroleum authority to acquire interests in licences covering Equinor-operated Kvitebjørn and Valemon fields in the North Sea. Interests in four licences were acquired by the PGNiG SA subsidiary in September 2020 from Norske Shell….
