Equinor and Grayson Mill Energy have completed their transaction which was previously announced in February 2021. As a result, Equinor has divested all its operated and non-operated acreage in the Bakken field in the US states of North Dakota and Montana to Grayson Mill…
GASCADE, Gasunie, RWE and Shell are progressing with the AquaDuctus pipeline project, which will transport green hydrogen from the North Sea directly to the continent, according to a news release. The companies “signed a declaration of intent to further intensify their collaboration” on the…
ExxonMobil has made an oil discovery offshore Guyana at the Uaru-2 well in the Stabroek block, adding to block’s gross recoverable resource estimate of more than nine billion boe. Drilling at Uaru-2 encountered 120 ft (36.7 m) of high-quality oil-bearing reservoirs including newly identified…
Berkshire Hathaway swoops on CV Starr for energy liability underwriter Wang CV Starr has parted ways with Penny Wang, with the energy casualty underwriter expected to take on a similar role at Berkshire Hathaway Specialty Insurance. CAC adds Beecher Carlson’s Lynch and five-strong team…
Siemens Energy has been selected by engineering, procurement, and construction (EPC) company, Enter Engineering Pte Ltd, to supply two low-emission compression trains for Phase I of the Gazli underground gas storage (UGS) project in the Bukhara region of Uzbekistan. The two trains will help…
Lundin Energy has sold what it claims is the world’s first certified, carbon neutrally produced oil from its Edvard Grieg field in the Norwegian North Sea. The buyer is the Saras refinery in Sarroch, Sardinia. According to Lundin, Edvard Grieg has been certified…
Canada is pushing on several diplomatic fronts against the US state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became president in January, complicating the governments’ efforts to work together to lower carbon emissions. The conflict…
BP has started gas production from Raven, the fifth field of the offshore West Nile Delta project off the Mediterranean coast in Egypt. The US$9-billion development includes five gas fields across the North Alexandria and West Mediterranean Deepwater offshore concession blocks in the Mediterranean…
Iraq is reportedly in talks with Russia, France and the United States regarding the construction of three civil nuclear reactors. According to The New Arab, the Head of the Iraqi Radioactive Sources Regulatory Authority (IRSRA) said that several preliminary meetings had been held to…
Lloyd’s sets out vision for return to One Lime Street Lloyd’s is aiming to have “signalling” capabilities available for the full reopening of One Lime Street in June which will enable market participants to let others know when they plan to be in the underwriting…
