News

  • Armenia Wants Russian Army Outposts on Azerbaijan Border Amid Tensions

    Armenian Prime Minister Nikol Pashinyan proposed on the 28th July that Russian border outposts be stationed along the length of Armenia’s border with Azerbaijan after a rise in tensions between Yerevan and Baku.   Tensions between Armenia and Azerbaijan, two former Soviet republics, are watched…

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  • Insurance Jottings

    What Insurers Should Know as Ransomware Takes Centre Stage Cyber criminals aren’t just stealing passwords and data. They’re stealing the spotlight.   Amid the ongoing COVID-19 pandemic which has been a global focus since government shutdowns began in March of last year, insurers and businesses…

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  • People in the News

    Axa XL Lloyd’s energy liability head Wilson set for Lancashire move Lancashire has continued to expand its London team with the addition of Julius Wilson, head of energy liability at Axa XL’s UK and Lloyd’s operations.   CAC recruits McGriff’s energy property co-leader Chappell CAC…

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  • Operator Says Nord Stream 2 Gas Pipeline is Almost Finished

    The much-politicised Nord Stream 2 undersea gas pipeline from Russia to Germany is 99% complete, the pipeline operator said on the 28th July, after the pipelay vessel Akademik Cherskiy finished its initially planned workload.   The US$11 billion Nord Stream 2, designed to bypass Russia’s political foe Ukraine and double…

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  • SBM Offshore Signs 26 Year FPSO Deal with Petrobras

    SBM Offshore has announced that it has signed contracts with Petróleo Brasileiro SA (Petrobras) for the 26.25 year lease and operation of the FPSO Almirante Tamandaré.   The FPSO will be deployed at the Búzios field in the Santos Basin approximately 110 miles offshore Rio de Janeiro….

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  • KBR Awarded Multiple Technology Contracts by PKN ORLEN

    KBR, Inc has announced that it has been awarded technology licensing contracts by PKN ORLEN (PKN) for KBR’s leading Solvent Deasphalting (SDA) and Residue Fluid Catalytic Cracking (RFCC) technologies as part of PKN’s Bottom-of-the-Barrel project for its Plock Refinery in Poland.   Under the terms…

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