News

  • Petrobras, ExxonMobil identify hydrocarbons offshore Brazil

    Petróleo Brasileiro SA (Petrobras) will analyse well data to assess the potential of a hydrocarbon discovery at a Block C-M-411 well in the Campos basin presalt.   The data will also be used to direct exploratory activities in the area.   Well 1-BRSA-1377-RJS (Urissanê) lies…

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  • Norwegian trio forming offshore wind development consortium

    Aker Offshore Wind and its majority owner Aker Horizons will collaborate with Statkraft to investigate potential offshore wind power projects on the Norwegian continental shelf.   The three parties are interested in developing and operating large-scale offshore wind parks in Norway which would export green…

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  • People in the News

    Apollo names MS Amlin’s Johnston head of marine and energy liability Apollo Syndicate Management has named Rob Johnston as head of marine and energy liability at Apollo Syndicate 1969.   Former Novae renewable energy class underwriter Del Villano to join AIG AIG has hired former…

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  • ScotGov Proposes Halting Overseas Oil Support

    The Scottish government has announced a new proposal to end all its overseas trade backing and promotion activities solely focused on fossil fuel goods and services by COP26.   The government, which said it will consult with the industry on its proposal, noted that there…

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  • Neptune kicks off North Sea drilling campaign

    Oil and gas company Neptune Energy and its joint venture partners BP and JAPEX have started drilling on the Seagull project in the UK Central North Sea.   The Gorilla VI (JU-248) jack-up rig, operated by Valaris, will drill four wells for the development over…

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  • Shell joining offshore Ireland floating wind venture

    Shell has agreed to acquire a 51% interest in the Simply Blue Energy Kinsale venture.   This was established to develop the Emerald project, a floating wind farm in the Celtic Sea, off southern Ireland.   Simply Blue Energy will operate the venture with support from Shell’s…

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  • Biden administration suspends federal oil and gas leasing

    President Joe Biden has signed an executive order which directs the Department of Interior (DOI) to pause new oil and natural gas leasing on federal public lands and offshore waters, concurrent with a review of the federal oil and gas programme.   The targeted pause…

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