Energy News


SBM Offshore Picks M.A.R.S. for Sustainable Decommissioning of FPSO Capixaba

May 17, 2023

Modern American Recycling Services Europe, A/S (M.A.R.S.) has been awarded a contract by SBM Offshore for dismantling and green recycling of SBM Offshore’s FPSO Capixaba. The FPSO Capixaba is 362 m long, with a Light Displacement Tonnage of 54…

European Energy and Vårgrønn Form Strategic Partnership to Harness Baltic Sea's Offshore Wind Potential

May 16, 2023

Renewable energy developer European Energy and offshore wind company Vårgrønn have entered a long-term strategic partnership to jointly pursue offshore wind opportunities in the Baltic Sea within Lithuania, Estonia, and Latvia.The Baltic states have significant offshore wind potential…

Siemens Gamesa, deugro, Amasus Offshore to Deliver Transport Vessels for Next-gen Offshore Wind Components

May 16, 2023

deugro Danmark and its partners Siemens Gamesa and Amasus Offshore said Tuesday they would bring two newly designed vessels customized for transporting offshore wind turbine components to the market.Siemens Gamesa and deugro have entered into a long-term charter agreement for these newbuild vessels…

Kuwait's Oil Firm Seeks to Exit Norway

May 16, 2023

Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, industry sources said. Kuwait Foreign Petroleum Exploration Company (Kufpec) hired Scotiabank to run the sale…

Seajacks' Zaratan Jack-up Reserved for Asia Pacific Work

May 16, 2023

Eneti's offshore installation services subsidiary Seajacks UK has signed a reservation agreement, for its NG 5500 jack-up vessel, Seajacks Zaratan, for employment in the Asia Pacific region for between five and six months. The reservation agreement…

Cyprus and Israel Discussing Offshore Gas Pipeline Link

May 16, 2023

Cyprus and Israel are in talks over the construction of a pipeline linking their offshore gas fields, Cyprus's energy minister said on Monday.But George Papanastasiou appeared to play down prospects for an 'EastMed' pipeline taking eastern Mediterranean gas to continental Europe…

Swedish Gov't Grants OX2 Permission for 400 MW Offshore Wind Project

May 16, 2023

OX2 said Tuesday it had received permission from the Swedish government to build the northern part of the offshore wind project Galatea-Galene on the west coast of Sweden, with a potential capacity of 400 MW. The total project Galatea-Galene comprised 1…

Taiwan's Formosa 2 Offshore Wind Project Officially Inaugurated

May 16, 2023

Construction of the Formosa 2 offshore wind project in Taiwan has been completed, with the milestone marked by an inauguration ceremony at the Waipu Fishing Port in Miaoli to celebrate the successful construction of the offshore wind farm. With…

Solstad Offshore's Normand Pacific Vessel Secures Long-Term Contract with Prysmian

May 16, 2023

Offshore cable installation services firm Prysmian has awarded a new 7-year contract for Solstad Offshore's construction support vessel Normand Pacific for renewable energy works.The Normand Pacific CSV now has a firm contract with Prysmian until December 31…

Australia Aims to Scale Up Offshore CCS

May 16, 2023

Australia plans to scale up its capability for offshore carbon capture and storage (CCS) and will shortly seek public feedback on a new round of greenhouse gas storage acreage, the country’s resources minister said on Tuesday.The country, one…

Vietnam's PM Approves $135 Billion Power Plan for 2030

May 15, 2023

HANOI, May 16 (Reuters) - Vietnam said on Tuesday it has approved a long-awaited power plan for this decade, in a move meant to boost wind energy and gas, while reducing reliance on coal.Known as PDP8, the plan aims to ensuring energy security…

Ørsted to Store 430,000 Tonnes of CO2 Emissions Annually Under Seabed in Norway

May 15, 2023

Danish renewables firm Ørsted has signed a CO2 Transport and Services Agreement (TSA) with the Norwegian Northern Lights joint venture to store 430,000 tonnes of biogenic CO2 emissions per year from two power plants in Denmark.'This agreement…

Norway's Energy Minister to Formally Open Revamped Njord Field Facilities

May 15, 2023

Equinor-operated Njord field in the Norwegian Sea will be officially opened Monday by the Norwegian minister of petroleum and energy, Terje Aasland. The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades…

TotalEnergies Confirms Suriname Offshore Oil Deal

May 15, 2023

French oil major TotalEnergies said Monday it had, with its partners, signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname.Blocks 6 and 8 were awarded…

Noise Mitigation: Bubble Curtain to Be Deployed During Construction of U.S. Largest Offshore Wind Project

May 15, 2023

U.S. offshore wind farm developer Vineyard Wind will deploy and test a secondary bubble curtain noise mitigation system during foundation installation at the Vineyard Wind offshore wind farm, the first commercial-scale wind farm installation project in the U…

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