EVOL:Pirates, price cap and Abadi

Another week of diverse topics for the EVOL crew… everything from Sir Keir Starmer to Scooby Doo.  

It’s been a busy political period with Labour calling for a revised / extended windfall tax to pay for an energy price cap freeze, causing angst for the North Sea industry. But how do industry arguments stack up against crippling costs for homes and businesses?  

A global gas shortage hasn’t been enough, it seems, to get the Abadi LNG project off Indonesia up and running, despite being one of the world’s largest untapped gas resources. But there’s hope that Japan might just help Pertamina buy out Shell’s stake.  

On the other side of the world, an entirely different crisis is playing out for the crew of a tanker which has been arrested off Equatorial Guinea. They thought they were fleeing pirates but it was, in fact, the Nigerian navy..  

 

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