The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there were other factors at play, the chief finance officer of utility Uniper said…
Cairn Energy, soon to be renamed Capricorn Energy, has farmed into five Deltic Energy's gas licenses in the Southern North Sea, off the UK.The two companies first announced the farm-out deal in August 2021, and have now received the necessary…
Dutch offshore survey services company Fugro has won two geotechnical site investigation contracts with Energinet for Denmark’s proposed Energy Island project.The artificial island will be located 80 km offshore in the North Sea and act as a hub connecting the surrounding offshore wind turbines…
A disruption at a gas well in Indonesia's Merakes gas field is likely to affect gas production for longer than expected, an official at the country's oil and gas regulator said on Monday.The issue, caused by a sand blockage, had been expected to be dealt with early this month November…
Swedish power company Vattenfall has selected wind turbine maker Siemens Gamesa as a preferred supplier for its 3.6 GW Norfolk offshore wind power projects in the UK. The agreement includes the potential deployment of Siemens Gamesa's new 14MW+…
Brazilian state-run oil company Petrobras has selected a consortium led by PetroRio SA for bilateral talks over the sale of its Albacora and Albacora Leste offshore oil fields, both companies said on Friday.The value of PetroRio's bids was not immediately clear…
Offshore wind turbine maker Siemens Gamesa Renewable Energy will license its 11 MW Direct Drive offshore technology to China's United Power. This entails supporting United Power to deploy the licensed offshore technology in the Chinese mainland’s territorial waters…
Claudio Descalzi, CEO of the Italian oil and gas giant Eni on Friday met with Filipe Nyusi, President of Mozambique, where Eni is working to develop giant offshore gas reserves using a floating LNG unit.Descalzi updated President Nyusi on the Eni-led Coral South Project…
Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida.The oil major was the hardest-hit producer from Ida…
Aker Offshore Wind, Ocean Winds, and Statkraft have agreed to jointly bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area offshore Norway.The equal partnership will submit an…
U.S. company Dominion Energy expects to file plans later on Friday with the Virginia State Corporation Commission for approval to construct the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) commercial project, which will generate enough clean energy to power up to 660…
Woodside Petroleum slashed its gas reserves estimate for two fields at the Wheatstone project on Thursday, in an unexpected downgrade that knocked the top Australian oil and gas company's shares.The company also said it was on track to sell…
Norwegian offshore vessel owner Havila Shipping has sold the platform supply vessel Havila Crusader.Havila Shipping said Friday it had sold the platform supplier to a foreign owner, 'who will use the vessel outside the offshore industry. 'The…
The Irish government on Thursday set out climate targets for key sectors of the economy it said were needed to cut greenhouse gas emissions by 51% by 2030, a plan it said will require around 125 billion euros ($144 billion) of private and public investment…
A top U.S. official on Thursday challenged nations to join the United States in setting aggressive goals to expand electricity production from offshore wind.Interior Secretary Deb Haaland issued the call during an appearance at the United Nations climate change conference in Glasgow…
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