Energy News


Corvus' Energy Storage Systems for Harvey Gulf's Offshore Vessels

Jan 11, 2021

Corvus Energy, an energy storage solutions provider for the offshore energy industry, has won a contract with Wärtsilä to deliver its Energy Storage Systems (ESS) for the offshore support vessel fleet operated by U.S.-based Harvey Gulf.According to Corvus…

CessCon Decom to Dismantle Spirit Energy's Morecambe Bay Facilities

Jan 11, 2021

Scotland-based CessCon Decom has won a major deal to carry out the onshore decommissioning, dismantling, and recycling of Spirit Energy’s Morecambe Bay DP3 and DP4 facilities in the East Irish Sea.The contract comes from the offshore installation and decommissioning company Allseas…

Edda Accommodation Finds Work for Edda Fides Offshore Vessel

Jan 11, 2021

Norway-based Østensjø Rederi's Edda Accommodation has secured a new contract for the 2011-built Edda Fides offshore accommodation and service vessel with an undisclosed client.'The history of Edda Accommodation can only be described as a fairytale…

In Sub-Saharan Africa's First, Ghana Takes Delivery of Offshore LNG Terminal

Jan 08, 2021

Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners…

N-O-S to Provide Vessels for Ørsted's UK West Coast Wind Farms

Jan 08, 2021

Crew transfer vessel company Northern Offshore Services (N-O-S) has signed a contract with the offshore wind farm giant Ørsted to provide vessels for its British west coast operations.N-O-S will provide crew transfer support to Ørsted’s UK West…

Report: BP Relaunches Sale of UK North Sea Fields

Jan 08, 2021

BP has relaunched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before the beleaguered company was taken over last year, industry sources said on Thursday.BP originally agreed to sell its interest in…

EU Grants Funding for Offshore Green Hydrogen Project

Jan 08, 2021

The Fuel Cells and Hydrogen 2 Joint Undertaking (FCH2-JU), a public-private partnership of the European Commission, has awarded EUR 5 million grant to the consortium behind the OYSTER project, to investigate the feasibility and potential of…

Total to Keep Investing in Renewables in 2021, says CEO

Jan 08, 2021

Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday. Total is trying to reduce its dependence on oil and shift towards electricity and renewable energy…

MENA NOC Charters Gulf Marine Services' Jack-Up Unit

Jan 08, 2021

Gulf Marine Services, a UAE-based provider of offshore jack-up support vessels, has secured a long-term contract for its GMS Evolution jack-up. 'Winning this contract follows the successful trial of the vessel's Cantilever Workover System, with…

Lekoil Fights Top Shareholder over Board

Jan 08, 2021

London-listed Nigerian oil company Lekoil's shareholders will vote on Friday on an investor's bid to add three members to the company's board, in the culmination of a bitter dispute between its founder and its biggest shareholder.The dispute even drew in Nigeria's Ministry of Petroleum…

Energean Buys Total's Interest in Block Offshore Greece

Jan 08, 2021

Oil and gas company Energean has completed its takeover of Total’s entire 50% interest and operatorship in Block 2, offshore Western Greece. Coupled with the 25% working interest that Energean bought through the recent acquisition of Edison E&P…

Eco Wave Power Commences Grid Connection Works in Israel

Jan 07, 2021

While wave power is still in its infancy relative to offshore wind in the renewable power space, several companies are making step changes that are geared to lead this power source to utlity scale. One Swedish company making the move is Eco Wave Power…

Saudi Cuts Drive Oil to 11-month High

Jan 07, 2021

Oil prices were steady on Thursday after hitting fresh 11-month highs on a fall in U.S. stockpiles and in the wake of a pledge by Saudi Arabia to cut output by more than expected.Brent crude was up 5 cents to $54.35 a barrel at 1231 GMT after touching $54…

ConocoPhillips to Control Eldfisk 2/7 Bravo Platform Remotely

Jan 06, 2021

Oil company ConocoPhillips has obtained regulatory approval for remote operations of its Eldfisk 2/7 Bravo facility in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, covers the conversion to a new…

McDermott Lands Offshore Platform Engineering Deal in Qatar

Jan 06, 2021

Offshore engineering and construction firm McDermott has won a contract from Qatargas to deliver front-end engineering and design (FEED) work for Qatar Petroleum's North Field South (NFS) project.The contract scope includes the replication of five offshore wellhead platforms…

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