LIGONIER — West Noble schools will use its one-year extension of a Lilly grant to hire an intervention teacher to help virtual learners catch up to their in-person classmates. The
DNO ASA: DNO Increases Stake in Kurdistan s Baeshiqa License; Prepares to Step Up Operations
Oslo, 11 February 2021 - DNO ASA, the Norwegian oil and gas operator, today announced the acquisition of ExxonMobil s 32 percent interest in the Baeshiqa license in the Kurdistan region of Iraq, doubling DNO s operated stake to 64 percent (80 percent paying interest), pending government approval. The Company plans to continue an exploration and appraisal program on the license while fast tracking early production from existing wells in 2021.
DNO has already demonstrated proof of concept of producing through temporary test facilities, having delivered 15,000 barrels of 40
o API oil and 22
o API oil for export from the Baeshiqa-2 and Zartik-1 wells, respectively.
Norway: Ministry of Petroleum and Energy approves partial electrification of Sleipner
11 Feb 2021
Norway s
Ministry of Petroleum and Energy has approved a revised plan for development and operation (PDO) for
partial electrification of the Sleipner field centre. The field centre will be tied to the Utsira High area solution, and Sleipner is expected to cut emissions by more than 150,000 tonnes of CO2 per year. Partial electrification of the Sleipner field centre will contribute to major cuts in emissions from our activities and provide significant assignments for the supplier industry in a demanding time. As the authorities have approved the PDO, we can keep developing the Norwegian continental shelf (NCS) towards the goal of zero greenhouse gas emissions in 2050, says Arne Sigve Nylund, executive vice president for Technology, Projects and Drilling in Equinor.
Claim settlement ratio of LIC slips
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Last Updated: Feb 10, 2021, 09:39 PM IST
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Synopsis
The life insurance industry in total paid 8.46 lakh claims on individual policies, with a total payout of Rs 18042 crore in the FY20, data from the latest Insurance Regulatory and Development Authority of India’s annual report showed. Claim settlement ratio is a metric to gauge the percentage of life insurance claims an insurer has settled during a financial year against the number of claims it receives in the period.
Agencies
In the group life business, out of 10.26 lakhs total number of the group claims payable during FY20, life insurance industry paid a total of 9.98 lakh claims which is 97.27 per cent.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wildcat well 34/6-5 S in production licence PL 554. The well will be drilled about 25 kms east of the Snorre field and 1.5 kms northwest of the 34/6-2 S Garantiana discovery well.