I can't see a positive in that link, PSA is production sharing agreement and the fact the licence ran out doesn't mean there's exclusions while I'd like there to be
I will be surprised and mildly disappointed if a drill doesn't occur in November/December window prior to rig moving to sealion. Unless the sealion drill program starts in qtr2 2027, which would allow a appraisal drill in Guyana in Jan/Feb window. The marriage between navitas and eco aimed at maximising synergies to reduce costs while increasing opportunities
Its simple risk management 101, the geopolitical risk that is in the register was deemed realised and I'm certain that the 45mln was allocated against that realised risk.
Iran gets 2% of water via desalination. Your thinking of other ME countries including Israel which relies on saltwater desalinstion for more than 50% of water needs
Insurers pulled "war cover insurance", hence the stop. That ship was a well known smuggler! Iran will show its hand when markets open. Trump is trying to wind down now.
If Iran oil and gas facilities are attacked, Iran will attack Saudi, Kuwait, and uae facilities. The Iraq paramilitary have stated they will hit us interests there. Oil going boom boom next week