Employers in the UK are becoming increasingly aware of the challenges of seeking to enforce double vaccination status for staff as they navigate their way through the pandemic and subsequent “pingdemic” which is causing widespread disruption. Currently, double vaccination status is only compulsory for employees who work in care homes (with effect from 11 November […]

TGS a provider scientific data and intelligence to companies has announced commencement of a new seismic survey in the MSGBC Basin, offshore Mauritania, adding to the successes of the North-West Africa Atlantic Margin (NWAAM) 2D campaign. The survey, NWAAM 2021, will comprise 7,500 kilometers of seismic data, with a modern broadband acquisition set-up. The project […]

Bp announced the appointment of Anja-Isabel Dotzenrath as its new executive vice president, gas and low carbon energy, and member of bp’s leadership team. Until recently she was chief executive officer of RWE Renewables, one of the world’s leading renewables businesses. Anja-Isabel will join bp on March 1st 2022.    Bernard Looney, bp chief executive, said: […]

The European Bank for Reconstruction and Development (EBRD) is supporting the construction of the first inland dry port in Egypt, in 6th of October City, west of Cairo, with a €25 million loan to October Dry Port Company, a special-purpose vehicle established by a consortium of El Sewedy Electric, Schenker Egypt and SLP Logistics. The development […]

The Troll partners are Equinor, Petoro, Shell, TotalEnergies and ConocoPhillips.    Troll has generated substantial revenues for 25 years and will continue to do so for many years to come. Annual state revenues from the Troll phase 3 project alone are estimated at an average of more than NOK 17 billion (2021). The Troll phase […]

LEKOIL the oil and gas exploration and production company with a focus on Nigeria and West Africa, has shown an  Intention to enter into Convertible Facility Agreement (“CFA”), allowing the Company to draw down up to £200,000, primarily to fund legal costs for the protection of shareholder value as well as to cover some ongoing […]

BW Offshore an Oslo Stock Exchange listed company has said that it has settled the completion of the USD 1.150 billion project debt financing for the construction and operation of the FPSO for the Barossa gas field operated by Santos’ subsidiary Santos NA Barossa Pty Ltd on behalf of its joint venture partners.   The combined […]

BOURBON announced that it has been awarded by SHELL a fully integrated logistics package contract comprising of international freight forwarding, integrated logistics services and PSV (Platform Supply Vessel) services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé. The project’s scope covers: the international shipment and clearance of SHELL’S and its subcontractors’ […]

Maersk Drilling has been awarded a contract with Harbour Energy for the jack-up rig Mærsk Innovator to drill three subsea development wells in Block 28/9 on the UK Continental Shelf. The contract is expected to commence in December 2021. “We’re excited to secure this contract with Harbour Energy which will see Mærsk Innovator go back […]

The Biden administration said that it is set to resume selling oil and gas drilling rights in the Gulf of Mexico and throughout the western U.S., after a judge ruled the president’s leasing pause was unlawful according to world oil reports. The Interior Department said it planned to issue a formal notice in September to […]