South Australia and Victoria seem to be engaged in a competition for bragging rights over who has the biggest big battery in the country. Right now it is South Australia, with the newly expanded Hornsdale Power Reserve (150MW/194MWh), but the mantle late next year…
High Court approval of Lloyd’s Brexit transfer ensures continuity of cover for customers Lloyd’s confirmed on the 25th November that it has received final approval from the High Court of England and Wales to transfer EEA policies to Lloyd’s Insurance Company SA, with its registered…
Keppel Offshore & Marine Ltd revealed on the 26th November that its wholly owned subsidiary, Keppel Shipyard Ltd, has secured a contract from “a repeat customer” worth around US$75 million (S$100 million) for fabrication and integration work on a Floating Production Storage and Offloading vessel….
Partners BP and Ithaca Energy have started production from the Vorlich development, located in the UK North Sea. The project was the target of environmental protests back in 2019. Announcing the project start-up on the 26th November, BP said this was the third major…
The APA Group plans to build a 580-km, 304-mm diameter gas pipeline to connect emerging fields in the North Perth basin to the goldfields region in Western Australia. APA will invest up to A$460 million in the new Northern Goldfields Interconnect (NGI), which is…
Wärtsilä, the global technology company, has launched new analysis showing that investment in flexible energy technologies, such as battery energy storage and advanced flexible gas, can rapidly increase the share of renewable generation in the UK by 2030 at a lower overall cost to consumers….
Angola plans to start a partial disposal of national oil company Sonangol and diamond firm Endiama by the end of 2021 or early 2022, possibly through initial public offerings, Finance Minister Vera Daves de Sousa said. The sale is part of a push by…
Oil and gas company Tullow Oil has decided to focus on its West African producing portfolio as part of its new strategy and plan to generate about US$7 billion of operating cash flow over the next ten years. In an update on the 25th…
Total has issued a conditional letter of award to Maersk Drilling for two deep-water rigs for exploration and appraisal in block 58 offshore Suriname. The campaign is set to start early next year, with an estimated firm duration (for the two rigs combined) of…
If America and the rest of the world are truly going to achieve the “energy transition” from fossil fuels to renewable energy sources in the coming decades, it will be important to excise the scams from the system. One of the most-abused scams to…
