Energy News


Heerema, DeepOcean Win North Sea Decommissioning Deals with Spirit Energy

Mar 10, 2022

Heerema Marine Contractors and DeepOcean have contracts with oil and gas firm Spirit Energy in the UK for removal and disposal services of the operator’s North Sea decommissioning portfolio. Heerema said it would cooperate with DeepOcean, the subsea asset removal contractor…

Helix Vessel Deal Lifts Siem Offshore's Backlog to $440M

Mar 09, 2022

Norwegian offshore vessel owner Siem Offshore said Wednesday it had entered into agreements with the U.S. offshore well intervention firm Helix Energy Solutions for its Siem Helix 1 and Siem Helix 2 vessels.The new deal for the offshore well…

Bridge Petroleum Taps Fraser for Bardolino Field Services

Mar 09, 2022

Bridge Petroleum has awarded Fraser Well Management (FWM) and Fraser Integrity Management (FIM) a contract to supply well and pipeline operator services for its Bardolino field in the UK North Sea.Bridge Petroleum has recently increased its…

RWE Renewables, National Grid Reveal Name of U.S. Offshore Wind JV

Mar 09, 2022

Offshore wind giant RWE Renewables and National Grid, British multinational electricity and gas utility, have unveiled the official name of their U.S. offshore wind joint venture, Community Offshore Wind.This follows the success of the duo's…

Iberdrola's ScottishPower, Shell to Invest $99M in Offshore Wind Infrastructure

Mar 09, 2022

Iberdrola-owned Scottish Power and Shell said on Wednesday they will invest 75 million pounds ($99 million) in infrastructure and facilities to support the growth of the offshore wind industry in Scotland.The two companies were awarded seabed…

'World's Largest OSV Fleet': Tidewater to Buy Swire Pacific Offshore

Mar 09, 2022

U.S.-based offshore support vessel owner Tidewater said Wednesday it had agreed to acquire Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited for around $190 million. Tidewater said the transaction would create…

Pandion Energy to Buy One-Dyas Norge, Double Production with Nova Field Start-up

Mar 09, 2022

Norwegian oil company Pandion Energy agreed to buy ONE-Dyas Holdings B.V.'s Norwegian subsidiary ONE-Dyas Norge AS for an undisclosed fee. The deal includes a 10 percent share of the Nova offshore field in the North Sea field, and a total of 11 exploration licenses…

Tullow Oil Sees Ghana Offshore Fields Production at 150,000 boe/d by 2025

Mar 09, 2022

West Africa-focused Tullow Oil's chief executive TLW.L said on Wednesday its Jubilee offshore oilfield in Ghana could produce 100,000 barrels of oil equivalent per day (boe/d) and the TEN field 50,000 boe/d by 2025 under current spending plans…

'Ultra-high-resolution 3D seismic' - Ocean Floor Geophysics Acquires NCS SubSea

Mar 09, 2022

Offshore survey company Ocean Floor Geophysics, in partnership with the Norwegian seismic player PGS, its largest shareholder, has signed a deal to acquire NCS SubSea, a company that provides ultra-high-resolution 3D seismic data to the oil & gas and new energy markets via its P-Cable system…

Akastor and IKM Create Offshore Wind O&M Firm Føn Energy Services

Mar 09, 2022

Norwegian companies Akastor and IKM, best known for their services in the offshore oil and gas space, are teaming up to create an operations and maintenance services firm for the offshore wind industry called Føn Energy Services.According to the two companies…

Despite Rumors, Seplat on Track to Buy Exxon's Offshore Fields in Nigeria, Chairman Says

Mar 09, 2022

Nigeria's Seplat Energy is on track to buy Exxon Mobil's offshore shallow water business in the country for $1.28 billion, Seplat's chairman told Reuters on the sidelines of the CERAweek energy conference by S&P Global.The comments come amid…

"It's hard, bloody hard. But it's possible" - EU Rolls Out Plan to Cut Russia Gas Dependency

Mar 09, 2022

The European Commission published plans on Tuesday to cut EU dependency on Russian gas by two-thirds this year and end its reliance on Russian supplies of the fuel 'well before 2030'.The European Union executive said it would switch to alternative…

UK to Boost Oil and Gas Output after Russian Import Ban

Mar 09, 2022

Britain will step up its production of oil and gas after saying it will ban Russian oil imports at the end of the year, transport minister Grant Shapps said on Wednesday.'We're fortunate in the UK that we don't buy proportionately very much…

Colombia Launches Offshore Wind Plan, Announces First Project

Mar 08, 2022

Colombian Energy Minister Diego Mesa launched the country's plans for offshore wind energy at the CERAWeek by S&P Global conference in Houston on Tuesday, while an agreement to develop the first wind project has been signed, the government said in a statement…

UK to Phase Out Russian Oil Imports By End of 2022

Mar 08, 2022

Britain will phase out imports of Russian oil and oil products by the end of 2022, Prime Minister Boris Johnson said on Tuesday, joining other nations including the United States in reducing their energy dependency on Russia.In response to President Vladimir Putin's decision to invade of Ukraine…

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