News

  • Equinor Starts third UK Development in 2019

    Equinor has started its third UK upstream development in 2019; Barnacle.   The Barnacle project, which started production on the 6th December is estimated to have recoverable resources of around two million barrels of oil equivalent. Daily production at plateau is estimated at around 4,300…

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  • Orinduik partners enter into next phase of exploration

    Tullow Oil and its joint venture partners in the Orinduik Block located offshore Guyana have elected to enter the next exploration phase of the Orinduik Petroleum Agreement signed on the 14th January 2016, and have submitted their official notice to the Department of Energy of…

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  • PSA audit finds Valaris jack-up in breach of regulations

    The Norwegian Petroleum Safety Authority (PSA) has identified serious breaches of regulations in a recent audit of the jack-up Rowan Norway (VALARIS JU-292).   In 2012 the PSA issued an acknowledgement of compliance (AoC) for the rig, which returned to work on the Norwegian continental…

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  • Scania Danmark Offers Customers Trial Rentals of Biogas Truck

    There’s something rotting in the state of Denmark, and it could play a key role in the country’s shift to fossil-free transport.   Anaerobically digested waste can be processed for use as biogas fuel and shifting to biogas operations is presently the quickest, most economical…

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  • King of Norway to open Equinor’s Johan Sverdrup field

    On the 7th January 2020, King Harald V will perform the official opening of the Equinor-operated Johan Sverdrup field centre located offshore Norway.   Norway’s Prime Minister Erna Solberg and the Minister of Petroleum and Energy Kjell-Børge Freiberg will also be present, Equinor said on…

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  • Vattenfall builds its first floating solar farm

    The first floating solar farm developed by Vattenfall will be built in the Netherlands.   In late December, Vattenfall will start construction of the solar farm, which will have a capacity of 1.2 megawatt.   Space for building solar farms is scarce in the Netherlands. One…

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  • Insurance Jottings

    New broker committee to be launched in 2020 The London and International Brokers’ Association (LIIBA) is to launch a new committee in 2020: the Broker Placing Committee (BPC). It will replace LIIBA’s Broker Placing and Electronic Development Committee   Downstream market facing US$500 million Port…

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