10 February 2020 The club has identified a marked increase in incidents of piracy and armed robbery attacks off West Africa during 2019 and early 2020. This included the worrying increase in kidnappings involving tankers often occurring a long way from shore. A recent industry…
Noble Corporation has issued an update on its offshore drilling rig fleet. Offshore Myanmar, Berlanga has contracted the semi-submersible Noble Clyde Boudreaux at a day rate of US$135,000. The contract is expected to run from mid-March 2020 to late April 2020. It includes a…
A new study will identify the UK’s best sites and produce a road map for carbon storage to help the country reach its net zero targets, geologists say. The gas fields of the southern North Sea are the focus of the Heriot-Watt University study,…
Oil and gas company Premier Oil has filed its decommissioning program for the float-off of the Huntington field FPSO, located in the UK North Sea, to the UK authorities. The Premier-operated Huntington field is located in block 22/14b of the Central North Sea, approximately…
Oil Search Ltd plans a side-track well following an oil and gas discovery in Pikka East block on the North Slope of Alaska. The Mitqua-1 well, drilled to a 2,472 metres TD, encountered both oil and gas in the primary Nanushuk reservoir as well…
Nord Stream AG transported 58.5 bcm of gas last year to consumers in Europe through the Nord Stream Line 1 pipeline system in the Baltic Sea. Operations were uninterrupted throughout the year, with loading at a level comparable with that of 2018. Nord…
The Port of Antwerp has announced that Titan LNG has carried out the first ship-to-ship LNG bunkering operation at the port. According to the statement, the Ramelia chemical tanker, which has been sailing for the Swedish Gothia Alliance since September last year, was bunkered…
Saipem has been awarded several EPCI contracts in various countries around the world worth over US$500 million. The first EPCI contract has been awarded by Saudi Aramco in the Kingdom of Saudi Arabia as part of the Long-Term Agreement in force until 2021. The…
Rosneft PJSC has entered an agreement to supply Indian Oil Corporation Ltd (IOC) with Russian crude oil for processing at IOC’s refineries in India by year-end 2020. As part of the term contract, signed on the 5th February, Rosneft will deliver up to two…
Britain’s Insurance Sector Urged to Compete by Selectively Diverging from EU Rules A senior official from Britain’s insurance sector on Wednesday laid out the case for selective divergence from EU rules to add to London’s appeal as a competitive global financial centre. Britain left…
