Vår Energi, Equinor, and Horisont Energi are investigating the potential for producing blue ammonia from Barents Sea gas fields, along with CO2 capture. Vår operates the Goliat and Alke licences: Goliat is mainly an oil field, with the gas at present reinjected into the…
Turkey has rapidly developed into a leading market for wind energy. The country recently celebrated an important milestone: it reached a cumulative wind energy capacity of 10,000 MW. Turkey’s large territory and excellent wind speeds offer ideal conditions for wind energy production. Over the…
Norway is offering two new offshore areas for companies interested in developing carbon dioxide storage, the oil and energy ministry said on the 10th September. One of the areas is east of the Troll gas field in the North Sea and the other is northeast of…
Chevron Corporation has inked eight deals in little more than two weeks to invest in hydrogen, green jet fuel and renewable natural gas. Amid rising shareholder pressure on climate issues, Chevron is proactively forging climate-friendly joint ventures with an array of start-ups as well…
Analysis: A Divided London? City Tackles Brexit With Twin-Track Finance Revamp High in the skyscrapers which have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. And with little sign of…
Axis continues renewables expansion with trio of hires Axis has made further hires to its dedicated renewable energy insurance team with the company bringing in a trio of specialists including newly appointed senior underwriter Becky Nace-Grover from ProSight Specialty Insurance. Swiss Re’s Cordonnier lands…
Libya’s oil production is in danger of slumping again, as a political power struggle threatens to end a period of relative stability. The stand-off comes at an unfortunate time for the North African country, potentially depriving it of substantial revenue as crude trades above…
Energy technology company Siemens Energy has won a contract from Aker Solutions to provide equipment for the electrification of the Equinor-operated Troll West project in the North Sea. Equinor filed its plan for the Troll West electrification project to Norwegian authorities in April 2021….
Suncor Energy and Cenovus have agreed to re-start two major development projects offshore Newfoundland and Labrador. Along with Murphy Oil, as co-owners of the suspended Terra Nova FPSO, which has been demobilised to the shore, they have finalized an arrangement to restructure ownership and…
Santos Ltd and Oil Search Ltd have entered into a Merger Implementation Deed under which the two companies will combine via a Scheme of Arrangement. The move follows the companies successfully completing reciprocal confirmatory due diligence which began on the 6th August and was…
