PSA audit finds Valaris jack-up in breach of regulations

The Norwegian Petroleum Safety Authority (PSA) has identified serious breaches of regulations in a recent audit of the jack-up Rowan Norway (VALARIS JU-292).   In 2012 the PSA issued an acknowledgement of compliance (AoC) for the rig, which returned to work on the Norwegian continental…

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Scania Danmark Offers Customers Trial Rentals of Biogas Truck

There’s something rotting in the state of Denmark, and it could play a key role in the country’s shift to fossil-free transport.   Anaerobically digested waste can be processed for use as biogas fuel and shifting to biogas operations is presently the quickest, most economical…

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King of Norway to open Equinor’s Johan Sverdrup field

On the 7th January 2020, King Harald V will perform the official opening of the Equinor-operated Johan Sverdrup field centre located offshore Norway.   Norway’s Prime Minister Erna Solberg and the Minister of Petroleum and Energy Kjell-Børge Freiberg will also be present, Equinor said on…

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Vattenfall builds its first floating solar farm

The first floating solar farm developed by Vattenfall will be built in the Netherlands.   In late December, Vattenfall will start construction of the solar farm, which will have a capacity of 1.2 megawatt.   Space for building solar farms is scarce in the Netherlands. One…

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Insurance Jottings

New broker committee to be launched in 2020 The London and International Brokers’ Association (LIIBA) is to launch a new committee in 2020: the Broker Placing Committee (BPC). It will replace LIIBA’s Broker Placing and Electronic Development Committee   Downstream market facing US$500 million Port…

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China Sets Up National Pipeline Company

China has announced the creation of its long-planned national oil and gas pipeline company, officially kicking off one of its biggest energy revamps aimed at helping supply keep pace with swelling demand.   The move marks a “key step” in China’s efforts to deepen reforms…

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KrisEnergy cuts first steel for Cambodia Apsara oil platform

KrisEnergy has announced that on the 6th December a ceremony was held to mark the cutting of first steel for the minimum facilities wellhead platform (the ‘Mini-Platform’) for the Apsara oil field in Block A, offshore Cambodia, the nation’s maiden hydrocarbon development. The ceremony, held…

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Aramco Raises US$25.6 Billion in World’s Biggest IPO

Saudi Aramco raised US$25.6 billion from the world’s biggest initial public offering, closing a deal which became synonymous with the kingdom’s controversial crown prince and his plans to reshape the nation.   The state-owned oil giant set the final price of its shares at 32…

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OMV hit by Greenpeace protests in New Zealand

Austrian oil company OMV has been under attack by Greenpeace activists in New Zealand at two separate occasions.   First, the protesters boarded OMV’s supply vessel at a port in Timaru and then moved the protests in front of OMV’s offices in New Plymouth.  …

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