Energy News


Jan De Nul Group Orders Crane Simulator for Next-Gen Offshore Installation Vessels

Jun 03, 2022

Offshore installation specialist Jan De Nul Group has ordered a high-end crane simulator for two of its Next Generation Offshore Installation Vessels Voltaire and Les Alizés.According to Jan De Nul, the crane simulator will be based on real physics and the actual vessel models…

Norway Oil and Gas Workers Threaten Strike

Jun 03, 2022

At least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation fails, labour unions said on Friday, putting some crude output at risk of shutdown although gas may not be affected.Workers are seeking above-inflation…

ONE-Dyas Gets OK to Develop Dutch North Sea Gas Field using Wind-powered Platform

Jun 03, 2022

The Duch Government has granted the oil and gas company ONE-Dyas the definitive permits for the development of the N05-A gas field in the Dutch section of the North Sea using a wind-powered offshore platform.'This offshore gas production project…

New U.S. Hurricane Outlook Sees Five Major Storms

Jun 03, 2022

Forecasters on Thursday amped up their outlook for the U.S. Atlantic hurricane season, saying warm sea temperatures and the absence of a moderating wind shear portend a 'well-above average' number of storms.Colorado State University researchers raised their estimate for tropical storms…

Boskalis Management Says HAL's Offer Not Unreasonable, But Also Not Convincing Enough

Jun 03, 2022

Dutch marine services and dredging firm Boskalis said Friday that the price proposed by HAL Holding for the acquisition of all remaining shares of Boskalis wasn't unreasonable, but also not sufficiently convincing to recommend the price to its shareholders…

UK Approves Shell's Revised Jackdaw Field Plan

Jun 02, 2022

Britain's regulator on Wednesday approved Shell's revised plan to develop a North Sea natural gas field as the government seeks to boost domestic energy output following Russia's invasion of Ukraine.In a statement, Shell welcomed the decision…

Cbus Buys 10% in Australia's 2.2GW Offshore Wind Farm

Jun 02, 2022

Australia’s building and construction industry super fund Cbus has agreed to acquire a 10% interest in Copenhagen Infrastructure Partners' (CIP) Australian offshore wind project, Star of the South. This follows Cbus’ investment into CIP’s flagship fund…

Norway's Hammerfest Plant Resumes LNG Production almost Two Years After Fire

Jun 02, 2022

Norway's Hammerfest liquefied natural gas plant has restarted LNG production following a fire almost two years ago, boosting the country's gas exports, operator Equinor said on Thursday.The company last week told Reuters the plant had completed repairs and was preparing to restart output…

Saitec Wants to Install 50MW Floating Wind Farm in Spanish Mediterranean

Jun 02, 2022

Spanish offshore engineering company Saitec on Thursday announced its interest in developing a pre-commercial floating wind pilot park with 5 floating wind units and a total potential of 50MW, 15 km from Cap de Creus, Catalonia, Spain, by 2025…

Korean Shipbuilder Can't Accept New FSRU Orders as Capacity Full

Jun 02, 2022

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said…

Balmoral Group Boss Jim Milne Receives Knighthood

Jun 02, 2022

Jim Milne, Chairman and Managing Director of Balmoral Group, was awarded the honor of Knight Bachelor in the Queen’s Birthday 2022 Honours List for services to business and charity, and is now officially Sir James S Milne CBE, DL, DHC, Hon DBA…

Philippine Tycoon Razon to Buy Majority of South China Sea Gas Field

Jun 02, 2022

Philippines ports and gaming tycoon Enrique Razon is acquiring a majority stake in a South China Sea gas field from a close ally of outgoing President Rodrigo Duterte, a move seen benefitting his oil exploration franchise on the Reed Bank.Razon's…

Rovco Charters Glomar Worker DP Vessel

Jun 02, 2022

Rovco, an offshore subsea and survey solutions provider, has chartered Glomar Offshore's Glomar Worker dynamic positioning (DP) vessel.The 60m long DP2 multi-purpose offshore support vessel will be put to work on the company’s growing number…

Europe Eyes Common Subsea Wind Power Grid to Bolster Energy Security

Jun 02, 2022

Northern European countries are discussing plans to create a common power grid under the North Sea to connect future offshore wind farms as they seek to strengthen energy security, but the ambitious proposal faces financing and regulatory challenges…

US Offshore Wind Segment Showing No Signs of Slowing Down

Jun 01, 2022

The U.S. offshore wind segment shows no signs of slowing on its journey to deploy 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Based on current project activity we anticipate around 60 GW of offshore wind capacity to be installed by 2035…

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