Marine Insurance – Offshore Energy

• Marine accident round-up : 21st January 2020 January 21, 2020
  Cargo ship MSC Adelaide (IMO 9618290) struck a moored pilot boat while approaching Gioia Tauro during the late morning of January 18th, having arrived from Genoa. The boat sank after being ….
• PDVSA permits JV partners to take over day-to-day oilfield operations January 8, 2020
  Venezuelan state oil company PDVSA has begun letting some joint venture partners take over the day-to-day operation of oilfields, reports Reuters. PDVSA's own capacity had dwindled due to …..
• Hornsea 1 wind farm to pay millions as a result of blackout January 8, 2020
  Orsted-run Hornsea 1, the world’s largest operating offshore wind farm, will pay £4.5m ($5.9m) as a result of its part in a massive blackout that left more than a million people in the ….
• Huge offshore wind island planned by Denmark December 19, 2019
  Denmark is proceeding with plans to build an artificial island that will generate power from offshore wind farms of up to 10 gigawatts (GW) of capacity, more than enough to supply all the ….
• Scottish court asked to jail Greenpeace chiefs December 17, 2019
  A Scottish court has been asked to jail or heavily fine the Greenpeace directors who authorized direct action against a North Sea oil rig as part of a protest at global warming ...
• Major claims making a comeback: IUMI December 5, 2019
  Global marine insurance premiums reached $28.9bn in 2018, according to the 2019 statistics report from the International Union of Marine Insurance (IUMI). The association said that this …..
• Abandoned oil rig sinking off Ghanaian coast November 27, 2019
  Cold-stacked oil rig Atwood Sea Hawk has developed a serious list and is in danger of collapse, according to local reports and photos. The rig is situated off the coast of Sekondi/Takoradi.....
• Cyprus says Turkish drilling flouts international law November 18, 2019
  Cyprus has accused Turkey of breaking international law by launching drilling operations off Cyprus. The Cypriot presidency said on Friday November 15th that “the fact that these new …..
• EU agrees to sanctions on Turkey over Cyprus drilling November 13, 2019
  EU foreign ministers have agreed to economic sanctions on Turkish individuals, entities and companies involved in drilling off the coast of Cyprus. The announcement on Monday November …..
• Major gas field discovery reported off Mauritania October 30, 2019
  Kosmos Energy's Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area, the company has said, adding that it believed the find to be the largest …..