Offshore Activity - page 2

 

Germany Secures Gas Supply for Two FSRUs

Aug 16, 2022

Germany signed a memorandum of understanding (MoU) on Tuesday with the country's top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to reduce reliance on Russian energy.Under the MoU with Uniper and EnBW's VNG…

PTTEP Restarts Zawtika Gas Flows to Thailand After Pipeline Fixed

Aug 16, 2022

Thai oil and gas company PTTEP has restarted gas deliveries to Thailand from the Zawitka offshore gas field in Myanmar, following a halt caused by an onshore gas leak earlier this month.PTTEP had said that there had been a leakage at the Zawtika’s onshore pipeline…

Gazprom Warns European Gas Prices Could Climb a Further 60%

Aug 16, 2022

Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic meters this winter, as the company's own export and production continues to fall amid Western sanctions.Gas flows from Russia…

Dayang Pens Deal with Shell for Dayang Cempaka Vessel

Aug 16, 2022

Malaysia's Dayang Enterprise has won a contract with Shell for the supply of landing craft tank (LCT) Dayang Cempaka in Malaysia.Dayang won the contract through its subsidiary DESB Marine Services (“DESB Marine”).The value of the contract is…

Oil Industry Gears Up to Tap U.S. Climate Bill for Carbon Capture Projects

Aug 16, 2022

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives.Carbon capture and storage hubs that take gases from chemical…

Amid Energy Crisis, EU Plans to Help Gas-rich Mozambique Boost Security

Aug 16, 2022

The European Union is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows, as Islamist attacks threaten gas projects meant to reduce the EU's reliance on Russian energy…

Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform

Aug 16, 2022

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform…

Steerprop's Propulsion Package for Maersk's First Offshore Wind Installation Vessel

Aug 16, 2022

Steerprop, a designer and manufacturer of high-performance propulsion systems, has won a major order to supply the complete propulsion package for Maersk Supply Service's recently ordered Wind Installation Vessel (WIV). Singapore-based Sembcorp Marine Ltd…

Oceanographers Call for Study on Impact of Floating Wind on Shelf Seas Mixing and Marine Life

Aug 16, 2022

While floating wind farms are seen as the next big thing in the renewable energy industry as they can be installed further from shore where the winds are stronger, oceanographers from the UK's Bangor University are calling for new research to…

Skanska to Build Offshore Wind Staging Port in Portsmouth, Virginia, USA

Aug 16, 2022

Sweden-based Skanska, one of the country's largest construction firms, has signed a contract with the Virginia Port Authority to rebuild 72 acres of the Portsmouth Marine Terminal in Portsmouth, Virginia, USA. The project will redevelop approximately…

Hunting's Titanium Stress Joints for Beacon Offshore Energy's Shenandoah Project

Aug 16, 2022

Energy industry services company Hunting PLC has won a contract to provide titanium stress joints through multiple EPC Contractors for Beacon Offshore Energy’s Shenandoah development in the Gulf of Mexico.Hunting will provide (2) 10.75” Titanium Grade 29 Stress Joints utilized for Production…

Solstad Offshore Wins AHTS Deals with Equinor, Enauta

Aug 16, 2022

Norwegian oil and gas company Equinor has exercised an option to extend the contract for Solstad Offshore's Normand Ferking AHTS vessel for one more year to November 2023.Equinor has the option to extend the contract for a further one year after the expiration of the current contract…

Norway's Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early

Aug 15, 2022

Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offshore platforms to cut their emissions, the country's Climate Minister Espen Barth Eide said…

Greater Balder Area: Vår Energi Increases Norwegian North Sea Foothold

Aug 15, 2022

Norwegian oil and gas company Vår Energi said Monday it had acquired 30% ownership in production licenses (PL) 820S and 820 SB north of the Balder field in the North Sea from Lime Petroleum, Pandion Energy, and Lundin Energy Norway AS (now Aker BP)…

Norway's July Gas Exports Hit Record High

Aug 15, 2022

Norwegian natural gas exports hit a record high of 128.4 billion crowns ($13.26 billion) in July as prices and demand in Europe surged amid the disruption of Russian supplies, official data showed on Monday.Natural gas revenues were four times higher than for July last year…

Current News

RWE Taps UL Solutions for Polish Offshore Wind Farm Certification

RWE Taps UL Solutions for Polish Offshore Wind Farm Certification

Russia Forecasts Export Gas Price Will More Than Double in 2022

Russia Forecasts Export Gas Price Will More Than Double in 2022

'Pawn' in Energy Stand-off, Germany's Uniper Suffers $12.5B Loss

'Pawn' in Energy Stand-off, Germany's Uniper Suffers $12.5B Loss

Well-Safe Solutions' P&A Rig Gets Trendsetter Engineering's Trident Intervention System

Well-Safe Solutions' P&A Rig Gets Trendsetter Engineering's Trident Intervention System

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