Vestas wins 80 MW order in the Netherlands

Vestas has secured an 80 MW order for the wind farm Kroningswind, majority owned by the Euronext listed infrastructure investor TINC.   Wind farm Kroningswind is located on Goeree-Overflakkee in the south-west of the Netherlands.   Vestas has developed a solution which comprises supply, installation…

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Insurance Jottings

Laura to add further momentum to energy hardening: Gallagher The impact of Hurricane Laura will provide further momentum to the already hardening energy market, coming on top of the challenges presented by Covid-19, Arthur J Gallagher has commented.   Marine insurance cannot innovate in a…

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Devon to Become Bigger Permian Player

Devon Energy Corporation has agreed to acquire WPX Energy Inc in a US$2.56 billion all-stock deal, creating one of the largest independent US shale producers and answering investor calls for consolidation at a time of crisis for the sector.   The transaction, which includes a…

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OGA turns attention to flaring and venting of greenhouse gases

The Oil and Gas Authority (OGA) has for the first time expanded its benchmarking to the flaring and venting of greenhouse gases on the UK Continental Shelf (UKCS) – detailing flaring and venting activity levels in the North Sea and the resulting contribution to UK…

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UK set for offshore drilling upturn

Exploration drilling offshore the UK could rebound strongly in 2021, according to Westwood Global Energy Group.   A webinar organised by the consultants, “How has the UK and Norway E&P sector reacted to the oil price crash – 6 months on?”, revealed that this year’s…

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Iraq Plans to Build Nuclear Reactor for Research Purposes

Iraq’s Prime Minister Mustafa Al-Kadhimi has ordered the formation of a committee tasked to build a nuclear reactor for research purposes, the Iraqi Radioactive Sources Regulatory Authority (IRSRA) has revealed.   Speaking to the Iraqi News Agency, the head of the IRSRA, Hussein Latif, said…

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OGUK Welcomes Chancellor’s Plans

Industry body Oil & Gas UK (OGUK) has revealed that it has initially welcomed the winter economy plans announced on the 24th September by the UK Chancellor of the Exchequer.   “This announcement will be helpful to our sector and the thousands of people it…

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