News

  • 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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  • Vroon gets BP extension for ERRV quartet

    Dutch provider of offshore support vessels Vroon Offshore Services (VOS) has been awarded a three-year contract extension with oil major BP.   Vroon Offshore Services said on that the three-year extension was worth £30 million (US$38.75 million).   Under the extension, VOS will continue its…

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  • Aramco Trading Company Launches London Subsidiary

    Aramco Trading Company (ATC) has announced the establishment of a London subsidiary called Aramco Trading Limited (ATL).   ATL will expand ATC’s global portfolio and will provide a “vital” business and operational link between Europe and the Americas, ATC outlined. ATL is the third international office…

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  • Russia to use LNG-fuelled trucks to transport helium

    A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Chemezov, Director General of the state-owned Rostec Corporation, was recently held in Moscow.   The meeting participants reviewed the potential areas of cooperation between Gazprom and Rostec enterprises, including the transportation…

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