News

  • Shell Australia approved for Bratwurst-1 wildcat

    Shell Australia has been granted approval from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for the drilling of proposed wildcat Bratwurst-1 in Ashmore Cartier permit AC/P64 in the Browse basin off Western Australia.   The well will be drilled in 155 metres…

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  • Sweden Looks to More Solar to Reach 100% Renewables by 2045

    Sweden is currently eyeing plans to generate 100% of its electricity from renewable energy sources by 2045 and, despite the fact the country is often without any sunlight during winter, the country’s energy agency is still considering the role of solar PV in its plans….

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  • Insurance Jottings

    Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said on…

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  • North Sea Oil Production Struggling

    North Sea oil production is struggling, according to independent energy research and intelligence business Rystad Energy.   The company’s North Sea oil output forecast – which looks at crude and lease condensate production, including onshore, for Norway, the United Kingdom, Denmark and the Netherlands –…

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  • TechnipFMC inks Arctic LNG 2 deal with Russia’s Novatek

    Russian Novatek’s joint venture Arctic LNG 2 and oilfield services provider TechnipFMC have signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with an annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project….

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  • Gazprom has two offshore Yamal gas finds

    Gazprom said it has discovered more than 500 billion cubic metres of natural gas in two fields offshore the Yamal Peninsula in the Russian Arctic.   It said authorities have approved its estimate of C1+C2 (explored and estimated) reserves for Dinkov field on the Rusanovsky…

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