Regulator says shake-up to result in lower energy bills
Households are in line for a cut in their energy bills under new proposals from regulator Ofgem that would limit how much network operators can pay shareholders. Ofgem said on Wednesday that the UK’s gas and electricity networks face a “tougher approach” that would deliver savings of more than £5 billion to consumers over five […]
Apply Sørco Inks Point Resources Framework Deal
Stavanger-based Apply Sørco has signed a frame agreement with Point Resources to provide engineering, procurement, construction and installation (EPCI) services. The agreement has a duration of 5 years, plus options, and the first task include work scope associated with the upgrade of drilling systems prior to the forthcoming drilling campaign at the Ringhorne […]