News

  • Chrysaor submits licence application for CO2 storage

    Chrysaor, the leading North Sea oil and gas independent, has submitted a Licence Application for the purpose of storing CO2, and will, in parallel, seek agreement for a Storage Lease with The Crown Estate for the storage of CO2 in a depleted Southern North Sea…

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  • Drydocks World joins Montenegro shipyard consortium

    Drydocks World has joined the Group Adriatic Marinas (ADM) consortium which plans to redevelop the former Bijela Shipyard in Boka Bay, Montenegro, to provide marine and offshore services, including refits, to the shipping, oil, gas and energy sectors.   ADM is presently owned by the…

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  • Insurance Jottings

    EU Still Seeking Clarity Over Britain’s Financial Services, Insurance Rules The European Commission is still waiting for Britain to say if it will diverge from European Union rules before Brussels can decide on UK financial market access, a spokesman for the EU executive body said…

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  • Texas Takes Action to Reduce Gas Flaring

    Texas’s oil regulator has taken action to reduce routine natural gas flaring but its efforts fall short of more aggressive measures requested by some investors and major producers.   The Railroad Commission of Texas changed the application form for producers wanting to burn off excess…

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  • Heerema wraps up installation project offshore Qatar

    Heerema Marine Contractors’ heavy-lift vessel Aegir has completed the installation of North Oil Company’s Al-Shaheen Gallaf 1 Project offshore Qatar.   Heerema was contracted for the transportation and installation of three topsides and three bridges by PTSC M&C Vietnam, who fabricated the structures at its…

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  • BP responds to offshore Newfoundland acreage auction

    BP Canada Energy Group ULC was the sole bidder for the latest Canada-Newfoundland and Labrador Offshore Petroleum Board licensing round.   Call for Bids NL20-CFB01 comprised 17 parcels (totalling 4,170,509 ha) in the Eastern Newfoundland Region. BP was awarded Parcel 9 (264,500 ha) after pledging…

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