News

  • People in the News

    Berkshire Hathaway swoops on CV Starr for energy liability underwriter Wang CV Starr has parted ways with Penny Wang, with the energy casualty underwriter expected to take on a similar role at Berkshire Hathaway Specialty Insurance.   CAC adds Beecher Carlson’s Lynch and five-strong team…

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  • BP begins gas production from West Nile Delta’s Raven field

    BP has started gas production from Raven, the fifth field of the offshore West Nile Delta project off the Mediterranean coast in Egypt.   The US$9-billion development includes five gas fields across the North Alexandria and West Mediterranean Deepwater offshore concession blocks in the Mediterranean…

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  • Iraq in Talks to build Nuclear Reactors

    Iraq is reportedly in talks with Russia, France and the United States regarding the construction of three civil nuclear reactors.   According to The New Arab, the Head of the Iraqi Radioactive Sources Regulatory Authority (IRSRA) said that several preliminary meetings had been held to…

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  • Insurance Jottings

    Lloyd’s sets out vision for return to One Lime Street Lloyd’s is aiming to have “signalling” capabilities available for the full reopening of One Lime Street in June which will enable market participants to let others know when they plan to be in the underwriting…

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  • Total Declares Force Majeure on Mozambique LNG

    Total declared force majeure on its Mozambique LNG project on the 26th April.   In a statement posted on its website, the company noted the evolution of the security situation in the north of the Cabo Delgado province in Mozambique and confirmed the withdrawal of…

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  • Eni starts up ‘key’ Merakes project offshore Indonesia

    Italian oil major Eni has started gas production from the Merakes project located in the East Sepinggan block in the Makassar Strait, deep offshore East Kalimantan, Indonesia.   Eni said on the 26th April that the project was a deep-water gas field development in the…

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