News

  • First LNG-powered ferry to serve UK takes to the water

    The next ship to join Brittany Ferries’ fleet will be called Salamanca; she will be powered by cleaner LNG and she took to the water for the first time last week.   Salamanca’s launch ceremony took place on 6 January 2021 at the CMJL shipyard…

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  • NorSea UK ‘Peterhead Facility Marks Successful Diversification

    A leading provider of integrated logistics solutions has welcomed landmark vessels which represent successful diversification into new sectors.   NorSea UK’s Peterhead facility recently received its first ever grain and coal vessels, taking the company into important new marketplaces and maximising recent multimillion-pound investment in…

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  • Insurance Jottings

    UK Must Avoid Being a ‘Mere Taker’ of EU Financial Services Rules in Return for Access Britain should not submit to the European Union’s financial services rules just to get better access to the bloc’s market after Brexit, Bank of England Governor Andrew Bailey said…

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  • New Proposed Board Appointments for Premier Oil

    Premier Oil has announced the proposed appointment of three additional directors to its board.   Alan Ferguson, Margareth Ovrum and Andy Hopwood will be appointed following the completion of the proposed merger between the company and Chrysaor Holdings Limited by way of reverse takeover. The…

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  • Chrysaor granted permits for two North Sea wells

    The Norwegian Petroleum Directorate (NPD) has granted Chrysaor drilling permits for two wells located in the North Sea offshore Norway.   The NPD said on the 11th January that Chrysaor had been granted a drilling permit for wildcat well 15/12-25 and another one for wildcat…

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  • Greek Investor Buys Second Australian Solar Farm

    Construction is expected to begin “shortly” on the 110MW Moura solar farm in Queensland’s Banana Shire after the project was bought by Greek industrial company, Mytilineos.   Esco Pacific said on the 5th January that it had completed the sale of the power purchase agreement-backed…

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  • Consortium to study offshore green hydrogen production

    The European Commission’s Fuel Cells and Hydrogen 2 Joint Undertaking has awarded the Oyster project consortium €5 million (US$6 million) to investigate and demonstrate a combined offshore wind turbine and electrolyser system designed for operation in marine environments.   The consortium, which consists of ITM…

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  • Ghana is set to open sub-Saharan Africa’s first liquefied natural gas-to-power project as it moves to position itself as a hub for the cleaner and cheaper fuel in the region.   LNG-to-power projects have been booming from Asian to Latin American in recent years as…

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