Spirit Sells 2 Danish Assets to Ineos

Spirit Energy has revealed that it has signed an agreement to divest two “non-core” Danish assets to Ineos.   Spirit is selling its two companies with licences in Denmark, which jointly own 40 percent in the Hejre discovery and 27.7 percent in the Solsort discovery….

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Puronics Releases Solar-powered Residential Water Softener Systems

Puronics Water Systems, Inc, a leading manufacturer of water treatment systems for consumer and commercial markets, is pleased to announce that they have just released a line of solar-powered systems.   The new power option allows homeowners to choose a greener method for water treatment…

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Insurance Jottings

CII launches chartered title for MGAs as three achieve status The Chartered Insurance Institute and the Managing General Agents’ Association (MGAA) have unveiled the Chartered Insurance Underwriting Agent (CIUA) title for managing general agents (MGAs), distinguishing between existing qualifications for brokers and underwriters.   UK…

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Equinor strikes oil near Gudrun field in North Sea

Equinor has made an oil discovery near the Gudrun field following the conclusion of the drilling of wildcat wells 15/3-12 S and 15/3-12 A in the central part of the North Sea.   Equinor received drilling permits for the two North Sea wells in November 2019….

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Cryopeak Makes Largest North American LNG Delivery by Truck

Richmond, BC-based Cryopeak LNG Solutions Corporation has completed the largest ever North American delivery of liquefied natural gas by truck, with the shipment going to power the Silvertip mine on the Yukon/BC border owned by Coeur Silvertip Holdings Ltd.   The shipment totalled about 18,000…

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Schlumberger Ditches LSE Listing

Schlumberger Limited has revealed that its board has approved the cancellation of the listing of the company’s common stock on the standard segment of the official list of the London Stock Exchange and the cancellation of admission to trading of such shares on the main…

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Apsara offshore Cambodia on track for mid-year start-up

KrisEnergy anticipates first oil from the Apsara field development in block A offshore Cambodia around mid-year.   Renovation and upgrades of the Ingenium II production barge continue in the Benoi yard and Gul drydock in Singapore. Installation and integration have been completed of the new…

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Solo Oil announces termination of ONE-Dyas transaction

AIM-listed Solo Oil, a gas-focused production and development company targeting attractive growth opportunities within the European gas market, has announced the following strategy update.   Further to the transaction updates provided to the market on the 20th December 2019 and the 4th February 2020, the…

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