News

  • Israeli Firm Claims EV Charging Breakthrough

    Israeli company StoreDot Ltd has manufactured the first battery for electric vehicles which can be charged in just five minutes, a step towards making refuelling as fast as cars at a gas station.   The lithium-ion samples were produced by StoreDot’s strategic partner in China, Eve Energy Company,…

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  • OMV Petrom begins Black Sea drilling campaign

    OMV Petrom has started a new offshore drilling campaign in shallow waters of Istria block in the Black Sea.   First drilling operations started at end of December 2020 and drilling of the second well will start at the beginning of this year.   The…

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  • Solstad wins UK North Sea work for support vessel

    An unnamed operator has awarded Solstad Offshore ASA’s PSV Sea Forth a term contract to support its assets in the UK North Sea, starting on the 1st April.   The contract is for an initial one-year firm period and includes two optional years.   Source:…

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  • Insurance Jottings

    World’s Biggest Shipping Line Demands Action Against Piracy Surge Off West Africa The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa.   The number of attacks on vessels globally jumped…

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  • Keystone XL Could Become Scrap If Biden Pulls Licence

    The Canadian province which invested US$1.1 billion of taxpayers’ money in the controversial Keystone XL project is now considering the sale of pipe and materials to try to recoup some funds.   “If the project ends, there would be assets which could be sold, such…

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  • Norway offers 61 offshore licences to 30 companies

    The Norwegian Ministry of Petroleum and Energy has offered 61 production licences on the Norwegian continental shelf in the Award in Pre-Defined Areas 2020 (APA 2020) to 30 companies.   The APA 2020 was launched on 19 June 2020 and the awards were announced on…

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  • Chile’s Enap lets contract for new unit at Aconcagua refinery

    State-owned Empresa Nacional del Petróleo (Enap) subsidiary Enap Refinerías SA has let a contract to DuPont Clean Technologies, a division of E I DuPont de Nemours & Company, to provide technology licensing for a new unit aimed at reducing and controlling atmospheric emissions from the…

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  • PTTEP to manage Myanmar power development

    PTT Exploration and Production Public Company (PTTEP) will advance Myanmar’s Integrated Domestic Gas to Power project after securing an exclusive development right from the government.   The project will promote use of domestic gas supplied from PTTEP’s gas fields in the Gulf of Moattama, starting…

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