DNV GL suspends Nord Stream 2 work dreading US sanctions

Classification society DNV GL has suspended work on Gazprom’s Nord Stream 2 gas pipeline project over fears of sanctions by the United States.   The United States want to stop the project as it fears the pipeline would strengthen Russia’s economic and political influence over…

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Genel announces First Oil at Sarta

Genel Energy has announced first oil production from the Sarta field (Genel 30% working interest), less than 21 months after the acquisition of the stake was completed.   Production has begun at Sarta with first oil flowing from the Sarta-3 well into the Early Production…

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AFBE-UK Scotland launches mentoring programme for next generation

AFBE-UK Scotland, an organisation which encourages greater diversity and inclusion in the energy and engineering sectors, is launching a mentoring programme. The social enterprise’s latest project, unveiled on the 28th November, has been introduced to inspire the next generation of industry professionals and create leaders in the…

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Insurance Jottings

High Court approval of Lloyd’s Brexit transfer ensures continuity of cover for customers Lloyd’s confirmed on the 25th November that it has received final approval from the High Court of England and Wales to transfer EEA policies to Lloyd’s Insurance Company SA, with its registered…

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Keppel Bags Multimillion FPSO Deal

Keppel Offshore & Marine Ltd revealed on the 26th November that its wholly owned subsidiary, Keppel Shipyard Ltd, has secured a contract from “a repeat customer” worth around US$75 million (S$100 million) for fabrication and integration work on a Floating Production Storage and Offloading vessel….

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BP and Ithaca produce first oil from North Sea project

Partners BP and Ithaca Energy have started production from the Vorlich development, located in the UK North Sea. The project was the target of environmental protests back in 2019.   Announcing the project start-up on the 26th November, BP said this was the third major…

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APA Group to build new gas pipeline in WA

The APA Group plans to build a 580-km, 304-mm diameter gas pipeline to connect emerging fields in the North Perth basin to the goldfields region in Western Australia.   APA will invest up to A$460 million in the new Northern Goldfields Interconnect (NGI), which is…

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Angola to Sell Stake in National Oil Company

Angola plans to start a partial disposal of national oil company Sonangol and diamond firm Endiama by the end of 2021 or early 2022, possibly through initial public offerings, Finance Minister Vera Daves de Sousa said.   The sale is part of a push by…

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