Energy News


PHOTO: First Topside Module Installed on Energean Power FPSO

Aug 26, 2020

First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear…

Encouraged by TPAO's Giant Gas Find, Trillion Energy to Drill Deeper at Black Sea Field

Aug 26, 2020

Black Sea-focused oil and gas company Trillion Energy has said it will drill deeper wells at its SASB gas field, encouraged by the recently announced giant deepwater gas find by the Turkish national oil and gas company TPAO, some 100 kilometers to the north…

Brent Nears 5-Month High as Hurricane Shuts 84% of Oil Output in Gulf of Mexico

Aug 26, 2020

Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by U.S. producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing a drop in U.S. crude inventories.Renewed worries over the COVID-19 pandemic…

RWE: All Triton Knoll Offshore Wind Turbine Foundations in Place

Aug 26, 2020

German energy company RWE has informed that it has completed the installation of all 90 turbine foundations and two 50-kilometer long export cables connecting offshore and onshore electrical systems at its Triton Knoll offshore wind farm site…

New Owners Take Over Polar King IMR Vessel

Aug 26, 2020

Oslo-listed offshore vessel owner GC Rieber Shipping said Tuesday it had delivered the Polar King inspection, maintenance, and repair vessel to its new owners.The delivery to new owners, who are yet to be named, comes following last week's announcement…

USS Delivers Unmanned Surface Vessel to Tetra Tech

Aug 26, 2020

UK-based Unmanned Survey Solutions has delivered an Inception Class MKII semi-autonomous Unmanned Surface Vessel (USV) to consulting and engineering company Tetra Tech.According to USS, the Inception Class MKII USV is a sensor agnostic, semi…

Indonesian Regulators Approve Paus Biru Gas Field Plan

Aug 26, 2020

Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin.The field is located in the Medco-operated Sampang offshore block, in the Madura Strait,  off Madura Island, Indonesia…

Construction of Cambodia's Maiden Offshore Oil Platform Complete

Aug 26, 2020

Construction of KrisEnergy's minimum facilities wellhead platform for the Apsara oil development offshore Cambodia has been completed and the platform has sailed away to its offshore location.KrisEnergy said the topsides and the jacket of the…

Hurricane Laura Biggest Threat to Gulf Oil Output Since 2005

Aug 25, 2020

The U.S. energy industry began preparing for a major hurricane strike by Tuesday, cutting crude production at a rate approaching the level of 2005's Hurricane Katrina and halting oil refining at plants along the Texas/Louisiana coast.The storm…

Floatel Sees No Improvement in Offshore Accommodation Market Before 2022

Aug 25, 2020

Cash strapped offshore accommodation provider Floatel expects a prolonged downturn in the offshore accommodation market, with no significant improvements expected before 2022.The company, which operates five semi-submersible accommodation rigs…

Noble Energy Shareholders to Vote on Chevron Takeover Deal in October

Aug 25, 2020

Oil and gas company Noble Energy has set a date for a shareholder vote on the company's proposed takeover by Chevron.As previously reported, Chevron in July announced a deal to acquire Noble Energy in an all-stock deal valued at around $5 billion…

Oil Prices Rise on Gulf of Mexico Shutdowns

Aug 25, 2020

Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane while rising coronavirus cases in Asia and Europe capped gains.Brent crude oil futures added 37 cents…

Equinor Signs Lease Agreements for Norfolk Coast Wind Farm Extensions

Aug 25, 2020

Norway's Equinor has signed lease extensions for two offshore wind farms in the UK, the Sheringham Shoal and the Dudgeon, securing an area of seabed of approximately 196 km2 in total to further develop existing wind farm areas, with the aim to double the area's electricity generation capacity…

Cable Specialist JDR Secures Moray East Offshore Wind Farm Deal

Aug 25, 2020

Subsea cable specialist JDR has signed a contract with Dutch marine contractor Boskalis to provide the termination and testing of 100 array cables and two offshore substation interconnector cables for the Moray East offshore wind farm off the coast of Scotland…

Saipem Joins Italian Offshore Wind Farm Project

Aug 25, 2020

Italian engineering and construction company Saipem, known for its offshore oilfield and drilling services, is increasing its involvement in the offshore wind sector.After securing several offshore wind installation contracts for its Saipem 7000 heavy lift vessel…

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