Activity News


Technical Challenges to Put Off Denmark's Baltic Pipe Terminal Start-up

Oct 19, 2022

Danish grid operator Energinet said Wednesday that due to continued technical challenges at the terminal in Nybro near Varde, Denmark, commissioning would be delayed and 'is now planned to take place in two stages.'The Baltic Pipe is a strategic…

Aker No Longer Part of Group Seeking to Buy OMV's E&P Business

Oct 19, 2022

Norway's Aker ASA said on Wednesday it was no longer part of a consortium that had made an unsolicited offer in July to buy most of Austrian oil and gas firm OMV's exploration and production business. Austrian newspaper Kurier on Tuesday reported that Aker…

Siem Offshore Loses Another Vessel Case Against Petrobras

Oct 19, 2022

Norwegian offshore vessel owner Siem Offshore has lost a case against Petrobras in Brazil over a late vessel delivery and will have to pay around $8 million.Siem Offshore said Wednesday that its Brazilian subsidiary, Siem Offshore do Brasil…

Siemens Gamesa Signs Its Largest Offshore Wind Deal in Taiwan

Oct 19, 2022

Wind turbine maker Siemens Gamesa said Wednesday it had signed two agreements with the Hai Long Offshore Wind project owners at an energy industry event in Taiwan.The Hai Long consortium is a partnership between Canadian independent power producer Northland Power Inc…

Fugro Completes Surveys at RWE's Dogger Bank South Offshore Wind Farm Site

Oct 19, 2022

Dutch marine geotechnical survey firm Fugro said Wednesday it had completed fieldwork on a geophysical, geotechnical and environmental site investigation contract for RWE Renewables’ Dogger Bank South (DBS) offshore wind farm and export cable routes…

TotalEnergies Charters PSV with Baterry-Hybrid System for UK Ops

Oct 19, 2022

Oil and gas company TotalEnergies UK and the Norwegian offshore vessel owner Solstad Offshore have signed a long-term contract for the platform supply vessel Normand Falnes. According to Solstad Offshore, the contract is one of the first long…

Qatar cuts al-Shaheen Crude Term Price for December - sources

Oct 19, 2022

Qatar Energy has reduced the term price for December-loading al-Shaheen crude oil to a premium of $4.19 a barrel above Dubai quotes after receiving lower bids in its tender, several trade sources said on Wednesday. This was down from a premium of $5…

Australia Promises Billions for Renewable Projects to 'Rewire' Power Grid

Oct 19, 2022

Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements…

50-meter Section Missing from Damaged Nord Stream Pipeline

Oct 18, 2022

Damage to the Nord Stream gas pipeline from Russia to Europe was caused by powerful explosions, Danish police said on Tuesday, echoing earlier findings into leaks that erupted in the network under the Baltic Sea and that have been blamed on sabotage…

US Offshore Wind Growing on Sturdy Foundations

Oct 18, 2022

Once again, the events of the last month have shown that the drive to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050…

U.S. to Launch Floating Wind Rights Sale off California Coast in December

Oct 18, 2022

President Joe Biden's administration on Tuesday said it would hold the first-ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters.The…

Solstad Offshore's Subsea Construction Vessels Win Renewable Energy Assignments

Oct 18, 2022

Solstad Offshore, a Norwegian company that owns and operates offshore support vessels, has won a contract for the subsea construction vessel Normand Baltic and a contract extension for the subsea construction vessel Normand Navigator.The contracts…

Gallery: Itapu Oil Field FPSO Leaves Shipyard (Brazil)

Oct 18, 2022

Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Singapore's Sembcorp Marine, has completed the construction of the P-71 FPSO, integrating topsides on the China-built hull.The new FPSO vessel left the EJA shipyard on Tuesday. It will…

U.S. Oil Service Firms' Results to Show Impact of Demand, Inflation

Oct 18, 2022

Oilfield service firms are poised to deliver the strongest third-quarter results in years as demand for equipment and services has risen despite supply chain snags and higher costs from inflation, according to analyst forecasts.Schlumberger…

Woodmac: Off-grid Green Hydrogen to Drive Latin America's Offshore Wind Growth

Oct 18, 2022

Latin America's offshore wind capacity could reach 34 GW by 2050, driven by off-grid green hydrogen projects, according to energy intelligence group Wood Mackenzie, a Verisk subsidiary. Currently, there are no commercial offshore wind farms in operation in the region…

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