Energy News


Aker BP Accedes Nine of Ten Offshore Field Plans, as Troldhaugen Project Discontinued

Mar 21, 2023

Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, apart from for one. The Troldhaugen project in the Edvard Grieg area…

TWP Reveals Names for Two 1GW Offshore Wind Farms in Scotland

Mar 20, 2023

Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, on Monday revealed the final names for its two offshore wind project secured in the ScotWind seabed lease round.The 1GW Bowdun offshore wind farm will be located off the coast of Stonehaven…

Wagenborg to Transport 107 Foundations for Ørsted's Offshore Wind Farms

Mar 20, 2023

Wagenborg Towage confirmed Monday that Jan De Nul had awarded it a contract for transporting 107 monopile foundations for Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany to Eemshaven. Assisted by the tug ‘waterlines’, the first…

Netherlands to Build 500MW Offshore Green Hydrogen Facility

Mar 20, 2023

The Dutch government on Monday said it aimed to build a large production facility to convert wind power into hydrogen in the North Sea.The facility will have the capacity to produce 500 megawatt (MW) of green hydrogen per year and is expected to become operational in 2031…

In Case Affecting Oil, Norway Supreme Court Says EU Ships Cannot Fish Arctic Snow Crab

Mar 20, 2023

OSLO, March 20 (Reuters) - Norway's Supreme Court ruled on Monday that EU ships cannot fish for snow crab off the Svalbard archipelago in the Arctic in a case also deciding who has the right to explore for oil and minerals in the region.At stake…

Equinor to Sell 28% Stake in Statfjord Area to OKEA for $220M

Mar 20, 2023

Norwegian oil and gas company OKEA  has agreed to acquire a 28% stake in offshore block PL037, in Statfjord Area, offshore Norway, from Equinor for an initial fixed consideration of $220 million.The Statfjord Area comprises the Statfjord Unit…

Lukoil-backed Congo Project to Start Producing LNG in December

Mar 20, 2023

A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…

Argeo to Use Uncrewed Vessel for Stromar Offshore Wind Farm Survey

Mar 20, 2023

Norwegian offshore survey company Argeo has signed a survey contract with Stromar, a consortium of Ørsted, Renantis, and BlueFloat Energy looking to build a floating wind farm offshore Scotland. Stromar has awarded Argeo a contract to conduct a geophysical survey in the project’s development area…

Massive Strike Looms on UKCS as 1400 Offshore Workers Demand Better Deal on Jobs, Pay, and Conditions

Mar 20, 2023

Around 1400 offshore workers employed on the UK Continental Shelf (UKCS) platforms will take strike action in the next weeks, seeking better deal on jobs, pay, and conditions, workers' union Unite said Monday.According to Unite, platforms and…

Chevron Suspends Production at Thai Oil Field after Fatal Accident

Mar 20, 2023

Production at the Benchamas oil field in the Gulf of Thailand was suspended immediately after an accident last week and remains offline, U.S. oil giant Chevron Corp said in a statement on Monday.The announcement comes after an accident last…

ABL Group to Acquire AGR from Akastor

Mar 20, 2023

Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…

Lukoil-Eni Congo Offshore License Bid Moves Forward

Mar 20, 2023

A joint bid between Lukoil and Eni for the rights to two of Congo's offshore energy blocks has moved forward, but has not yet completed, Interfax reported on Friday, citing a Lukoil executive and correcting previous agency reports that the contract had already been awarded…

Lhyfe, Centrica Team Up to Develop Green Hydrogen Offshore UK

Mar 20, 2023

Green hydrogen firm Lhyfe and UK-based energy and services company Centrica will jointly develop offshore renewable green hydrogen in the UK in what they say is 'a first' for the country. The two companies said they would explore combining their…

Edison Plans Final Investment Decision on East Mediterranean Gas Pipeline to Europe By End of Year

Mar 20, 2023

Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…

Vattenfall Picks Port for Giant Norfolk Offshore Wind Zone

Mar 17, 2023

Renewable energy developer Vattenfall has selected the port at Great Yarmouth, run by infrastructure specialists Peel Ports, as the preferred location for the operations and maintenance base for the Norfolk Offshore Wind Zone.When completed…

Current News

Equinor Renews Subsea Inspection Deal with Subsea 7

Saipem Gets DNV Certification for Offshore Asset Lifecycle Management

Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

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