Gallagher: First examples of upstream energy rate reductions appearing In a new global energy insurance market update, Gallagher has revealed upstream rates are up 2.5 percent to 10 percent overall with the first examples of reductions appearing, while the downstream market is increasingly reintroducing layered…
A German regional court will decide on the 25th August whether European Union rules requiring the separation of energy production from transportation and trade must be applied to the Nord Stream 2 (NS 2) gas pipeline, the court’s website showed on the 19th August. The ruling…
UK-based oil and gas company Harbour Energy has hired Maersk Drilling’s jack-up rig Maersk Innovator to drill three subsea development wells in the North Sea. The development wells are located in Block 28/9 near the Harbour Energy-operated Catcher field, on the UK Continental Shelf….
Construction services provider Speedy has announced that it has opened a new regional service centre in Aberdeen to support businesses working across the oil and gas supply chain to quickly access crucial equipment. Located in Denmore Industrial Estate, the 13,200 square foot centre is…
Neptune Energy Norge AS has been granted a permit by the Norwegian Petroleum Directorate to drill in the North Sea. Well 33/6-5 S—the fourth exploration well in production licence 882—will be drilled from the Deepsea Yantai drilling about eight km north-west of Snorre field…
Westinghouse Electric Company and Vattenfall are extending their long-standing nuclear energy partnership into decommissioning activities through a new agreement. As part of the arrangement, Westinghouse will segment and dispose of the reactor internals and pressure vessels at Ringhals 1, a Boiling Water Reactor, and…
ACWA Power has revealed that Saudi Aramco Power Company (SAPCO), a fully owned company of Saudi Aramco, has joined the Sudair Solar plant consortium. ACWA Power and Badeel will each own a 35 percent stake in the Sudair One Renewable Energy Company, which was…
The Norwegian Petroleum Directorate (NPD) has granted Swedish oil firm Lundin Energy a drilling permit for a well in the North Sea. NPD said on the 18th August that Lundin Energy was given a licence to drill a wildcat well in the production license…
A Queensland coal export terminal could soon become host to renewable hydrogen production and export infrastructure under an agreement, as the state looks to unlock up to US$23 billion in wind and solar project proposals with new renewable energy zones. A Memorandum of Understanding…
A new study suggests microbial growth should not greatly impact injection of hydrogen into potential storage sites beneath depleted oil and gas fields offshore north-west Europe. Concerns had been raised that injecting hydrogen into subsurface porous media could stimulate sufficient microbial activity to consume…
