How the sharing economy can transform asset-heavy industries
Businesses strive to minimise their carbon footprints, raise productivity and increase societal contributions. Yet sustainable solutions can be costly and may not result in higher yields through a business-as-usual approach. These trade-offs are of particular relevance against a backdrop of increased economic uncertainty due to the COVID-19 pandemic. The good news is that there are avenues which can advance these key imperatives without the need to choose between the environment, society, cost and productivity. The sharing economy offers one such avenue.
An exact definition of the sharing economy might be up for debate, however the basic concept includes elements of the sharing of underutilised assets in ways that improve efficiency, sustainability and community contributions. The sharing economy has grown exponentially in the last decade and is expected to continue growing at double-digit rates. It has been enabled by ra
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This report provides information in accordance with DTR 4.3A in respect of payments made by the Company to Governments for the year ended 31 December 2020 and in compliance with the Reports on Payments to Governments Regulations 2014 (SI 2014/3209). Basis of preparation The payments disclosed, which are on a cash basis, are based on where the obligation for the payment arose (i.e. at a project or corporate level). Where a payment or a series of related payments do not exceed £86,000, they are not required to be disclosed under the UK Regulations, however this has been disclosed in aggregate at a corporate level for clarity over obligations.
Finder Energy Pty Ltd has announced that it has completed the acquisition of two highly prospective UK North Sea operated licenses (P2502 and P2524) from Azinor Catalyst Limited.
Finder Energy Pty Ltd has announced that it has completed the acquisition of two “highly prospective” UK North Sea operated licenses (P2502 and P2524) from Azinor Catalyst Limited.
P2502, which is located on the western edge of the East Shetland Basin in the Northern North Sea, is said to hold significant potential in the Upper Jurassic turbidite play with over 1.2 billion barrels of oil equivalent identified across eleven mapped leads. P2524, which is situated on the southern flank of the South Viking Graben in the Central North Sea, contains the Barracuda prospect, which is targeting the same Upper Jurassic reservoir that hosts the nearby T-Block and Brae complex oil fields. In addition to the Barracuda prospect, the P2524 contains a further three prospects and leads and two small oil and condensat