News

  • Heerema’s Thialf removes Sable facilities for ExxonMobil

    Earlier this month, Heerema’s semi-submersible crane vessel Thialf completed the eight-month-long campaign to remove the Sable Project’s offshore facilities on behalf of ExxonMobil in Canada.   According to Heerema’s statement on the 23rd December, the Thialf arrived in Canada in early April and mobilised to…

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  • Vestas Wins 34 MW Order In The Netherlands

    Vestas has received an order from Eneco Verda BV, a subsidiary of Eneco BV, a leading company in the Dutch and Belgian energy sector for the 34 MW wind project Landtong Rozenburg.   Located on a peninsula in the port of Rotterdam, the project features…

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  • Insurance Jottings

    Lloyd’s reduces underwriting room access to Wednesdays only amid Tier 4 restrictions Lloyd’s has limited access to the underwriting room to one day a week following the introduction of Tier 4 Covid-19 restrictions in London.

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  • Court Rejects Challenge to Field Near Gatwick Airport

    An activist’s effort to block oil drilling near London’s Gatwick Airport on the grounds that it would worsen climate change was rejected.   A High Court judge dismissed a legal challenge from Sarah Finch, supported by the Weald Action Group, to the development of the Horse…

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  • Norway Court Rejects Climate Group Arctic Oil Appeal

    Norway’s top court has dismissed an attempt by climate activists to halt Arctic oil exploration by Western Europe’s biggest petroleum-producing nation.   The Nordic government beat back a lawsuit by environmental groups in the country’s Supreme Court, which ruled on the 22nd December the authorities…

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  • ConocoPhillips makes ‘significant’ oil discovery off Norway

    ConocoPhillips has made what it says is a significant oil discovery in production licence 891 on the Slagugle prospect located 14 miles north-northeast of the Heidrun field in the Norwegian Sea.   ConocoPhillips is the operator of the licence with an 80 per cent working…

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  • BPC starts drilling Perseverance well offshore the Bahamas

    The drillship Stena IceMAX has spudded the Perseverance #1 exploration well south of the Bahamas.   Operator Bahamas Petroleum Company (BPC) expects drilling to continue for up to 60 days. The well had originally been scheduled for this spring, but global events forced operations to…

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  • Insurance Jottings

    Standard Club Circular Please read the attached article: https://www.standard-club.com/risk-management/knowledge-centre/news-and-commentary/2020/12/21-december-2020-standard-uk-circular-brexit-update-the-standard-club-uk-limited.aspx   Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability The Lloyd’s market is moving to end its insurance of coal and oil sands businesses while at the same time ceasing investments in…

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