News

  • Bluewater commissions LR for FPSO digital twin

    Bluewater Energy Services has contracted Lloyd’s Register to create a digital twin and assessment of the FPSO Glas Dowr.   LR will deliver the structural digital twin model using its proprietary cloud-based technology.   It will analyse the vessel’s global and fatigue hull strength for…

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  • UK oil industry welcomes gov’t measures to save jobs

    The UK’s offshore oil and gas industry’s representative body Oil and Gas UK has welcomed the introduction of the Job Retention Bonus and other moves by the country’s Chancellor of the Exchequer Rishi Sunak to support trainees and jobs for young people.   On the…

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  • US$8 billion Pipeline Cancellation Imperils Appalachia Rebound

    To understand why the cancellation of the US$8 billion Atlantic Coast Pipeline at the start of last week was such big news, consider America’s most important natural gas-producing region.   Appalachia is home to the Marcellus shale, a major driver of the fracking boom that’s driven down…

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  • Jacobs Awarded Solar Photovoltaic Power Plant Contract in Malaysia

      Jacobs has been appointed by Hanwha Energy Corporation to deliver owner’s engineer services to support the design, engineering, procurement, construction, installation, testing and commissioning of a new 100 megawatt alternating current (MWac) solar photovoltaic power plant in Pekan, Pahang, Malaysia.   When complete, the…

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  • Elixir makes progress in Mongolia

    Elixir Energy Ltd, Adelaide, has spudded the Nomgon-2 appraisal core hole in its Nomgon IX coal seam gas (CSG) production sharing contract (PSC) area in southern Mongolia close to the border with China.   The company expects to reach total depth near the end of…

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  • Insurance Jottings

    Biggest Uncertainty for UK Insurers Remains Around Business Interruption Claims: BoE The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing…

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  • People in the News

    Lloyd’s names Núñez country manager and general rep for Spain & Portugal Lloyd’s has named Jose Núñez as its new country manager and general representative for Spain and Portugal.   Axis hires GCube’s Woolley as senior construction underwriter Axis Insurance has named Anna Woolley as…

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  • Premier’s creditors approve Stable Platform Agreement

    Premier Oil has announced that its creditors have approved the ‘Stable Platform Agreement’.   As a result, the Company’s financial covenants have been waived through to 30 September 2020 whilst discussions continue over the proposed amendments to the Group’s existing credit facilities.   Original article…

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