Latest news

EDF to Delay Applying for UK Nuclear Plant Building Consent

LONDON - Utility EDF said on Thursday it will apply for development consent later than planned to build its Sizewell C nuclear plant in Britain due to the coronavirus crisis.

read more... 27/03/2020


Maersk Drilling secures one-well contract offshore Egypt

Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract. The contract value is approximately USD 3.8m.

read more... 05/03/2020


Green light to Lundin for Barents Sea wildcat

The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea offshore Norway.

read more... 19/02/2020


Russia’s Gazprom says global LNG glut pressures global gas prices

Excessive supplies of liquefied natural gas (LNG) as well as brimming storage have put pressure on natural gas prices in Europe and Asia, dimming forecasts for exports, Russian gas giant Gazprom said on Thursday.

read more... 14/02/2020


UK Regulator Hands Out Fines To Utilities OVO Energy, Telecom Plus

Ofgem on Wednesday dished out fines to OVO Energy Ltd, which recently bought SSE PLC's household energy unit, as well as to Telecom Plus PLC.

read more... 29/01/2020