Marine Insurance – Offshore Energy
- US Gulf of Mexico oil output recovering, but about a quarter still offline September 20, 2021US Gulf of Mexico Coast crude oil exports were recovering last week after the impacts of Hurricane Ida and Tropical Storm Nicholas. Local prices were easing as more shipments moved out of the ....
- AGCS names new regional head of energy &construction September 17, 2021Allianz Global Corporate & Specialty has appointed Anthony Vassallo to the role of Regional Head of Energy & Construction for London and Nordics, effective immediately ....
- Main ports reopen in Texas as Hurricane Nicholas passes September 16, 2021The major seaports on the Gulf of Mexico coast in Texas were reopening quickly after the passage of Hurricane Nicholas. The Category 1 storm came ashore near Matagorda early in the morning .....
- Tropical storm Nicholas brings heavy rain to Texas and Louisiana September 15, 2021Tropical storm Nicholas was downgraded from a hurricane after making landfall on the Texas coast in the US, bringing heavy rain and a danger of flash-flooding ....
- Hurricane Ida recovery efforts see return of a third of oil production in US Gulf Coast September 14, 2021About two-thirds of oil and three-quarters of natural gas production remain shut in almost two weeks after Hurricane Ida passed through the US Gulf of Mexico ....
- First lawsuit in case of Noble Globetrotter II September 13, 2021A lawsuit was filed on September 8th in a Texas District Court by one of the crew members of drillship Noble Globetrotter II (IMO 9600786). The Liberian-flagged drillship and its 100-plus ....
- Shell declares force majeure on Gulf of Mexico deliveries September 13, 2021Royal Dutch Shell Plc cancelled some customer shipments on Thursday 9th September due to damage to offshore facilities from Hurricane Ida, declaring force majeure. Shell is the largest oil ....
- Offshore energy underwriters should welcome a low carbon future, says IUMI September 13, 2021The offshore energy insurance sector has continued its period of relative stagnation according to the annual update from the International Union of Marine Insurance (IUMI) at its conference ....
- Ida one of worst storms to hit US offshore energy production since 2005 September 9, 2021Hurricane Ida has had one of the biggest impacts on US offshore energy output since the Katrina-Rita-Wilma sequence of Atlantic hurricanes in 2005. Some offshore oil and gas companies could be ....
- Noble Corp sends force majeure notice to Shell after drillship damage September 8, 2021Drilling contractor Noble Corp has sent a force majeure notice to its client Royal Dutch Shell over the incident in which drill ship Noble Globetrotter II was damaged during Hurricane ....