350% rise in London Market brokers using electronic placement London Market brokers are increasingly embracing the use of electronic placement with the number of risks placed this way increasing by 350 percent in the past 12 months, according to data released by the Board of…
Upstream companies are positioned to thrive in 2019, according to Wood Mackenzie which said in a release published on the 17th December that the sector enters the new year “prepared to capitalise and build”. “Oil and gas companies can cope with whatever’s thrown at…
Equinor has permission from Norway’s Petroleum Safety Authority to extend the service of the Norne FPSO in the Norwegian Sea and associated facilities until the end of 2036. The Norne field is in production licence 128, around 300 kilometres(186 miles) west of Sandnessjøen. …
Canada’s CGX Energy has decided to use one of Rowan-owned jack-up drilling rigs for drilling operations offshore Guyana. CGX Energy said on the 17th December that its wholly owned subsidiary, CGX Resources, had entered into a definitive rig agreement with Rowan for the provision…
88 Energy has advised the following in relation to its oil and gas operations on the North Slope of Alaska. Highlights: All major permits (excluding Permit to Drill) granted for the drilling of the Winx-1 exploration well Permit to Drill on schedule for submission…
Alexey Miller, Chairman of the Gazprom Management Committee and Vagit Alekperov, President of Lukoil have discussed current issues related to bilateral cooperation, including the development project for the Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous Area (northern Siberia). Preparations are underway for the establishment of a joint venture. …
New South Wales has waved through another large-scale solar development, this time a proposal from Photon Energy to build a 170MW PV farm in the state’s central west. The NSW Department of Planning and Environment said that it had approved the US$262 million, Suntop…
Norwegian oil and gas firm Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea on the 16th December. On Monday, the 17th December the gas from the Aasta Hansteen field became available to the market for the first…
Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could increase four-fold to 80 million tonnes per annum (mtpa) by 2030, according to Wood Mackenzie. “As China pushes on towards a lower-emission economy, its demand for gas and LNG has grown…
BP Trinidad and Tobago (BPTT) has sanctioned the Cassia Compression and Matapal gas developments. The Cassia Compression project will enable BPTT to access and produce low pressure gas reserves from currently-producing fields in the Greater Cassia Area, maximising recovery from these existing resources. …
