Energy News


TenneT Taps Allseas, Heerema to Install 14 Massive Offshore Converter Stations

May 17, 2023

Dutch-German transmission system operator TenneT has signed multi-year framework agreements with offshore installation firms Allseas and Heerema Marine Contractors for transport and installation of at least fourteen 2-gigawatt (2GW) offshore platforms…

Vietnam Bets Big on LNG, South China Sea Gas Fields Amid Supply, Security Risks

May 17, 2023

Vietnam's plan to quadruple by 2030 its gas processing capacity, turning it into its first source of energy, marks a big bet on imported liquefied natural gas (LNG) and its reserves in the South China Sea, despite supply and geopolitical risks…

CBED's Vessel to Support Work on Ørsted's New Offshore Wind Farm Projects in Germany

May 17, 2023

Offshore accommodation company CBED has won a contract with Ørsted to provide its services for offshore wind farms Gode Wind 3 and Borkum Riffgrund 3 in Germany.After completing the current project on DanTysk and Sandbank offshore wind farms…

Chevron, Exxon Seek State Backing for Australia CCS, Hydrogen Projects

May 17, 2023

Chevron Corp and Exxon Mobil Corp, the two largest U.S. fossil fuel companies, are seeking Australia's backing for carbon capture and storage (CCS) and hydrogen projects as they look to increase investment in a bid to slash the intensity of carbon emissions…

North Sea Energy Sector Mobilizes to Improve Mental Health Support After Disturbing Study Results

May 17, 2023

Nearly 200 representatives of energy industry organizations are looking to devise a plan aimed at enhancing mental health support available to North Sea workers, after a study found a large number of onshore and offshore workers experienced suicidal thoughts while on duty…

World's Largest Floating Wind Farm Powers Up Another Norwegian Offshore Field

May 17, 2023

Norwegian oil and gas Equinor has informed that the Hywind Tampen floating wind farm, the world's largest, has started delivering power to its Snorre field, offshore Norway.'As the operator, we’re proud to announce on behalf of the partners…

Jadestone Energy Gets NOPTA Nod for CWLH Title Transfer, Key to Drawing RBL

May 17, 2023

Asia-pacific focused oil and gas company Jadestone Energy has received approval from Australia’s National Offshore Petroleum Titles Administrator (“NOPTA”) for the title transfer relating to the acquisition of the interest in the Cossack, Wanaea…

Beach Energy Boosts Gas Supply to Australian East Coast Market with Two Otway Basin Wells

May 17, 2023

Australian oil and gas company Beach Energy said Wednesday it had connected the offshore Otway Basin Thylacine North 1 and 2 development wells to the Otway Gas Plant and is now delivering additional gas into the Australian East Coast gas market…

SBM Offshore Picks M.A.R.S. for Sustainable Decommissioning of FPSO Capixaba

May 17, 2023

Modern American Recycling Services Europe, A/S (M.A.R.S.) has been awarded a contract by SBM Offshore for dismantling and green recycling of SBM Offshore’s FPSO Capixaba. The FPSO Capixaba is 362 m long, with a Light Displacement Tonnage of 54…

European Energy and Vårgrønn Form Strategic Partnership to Harness Baltic Sea's Offshore Wind Potential

May 16, 2023

Renewable energy developer European Energy and offshore wind company Vårgrønn have entered a long-term strategic partnership to jointly pursue offshore wind opportunities in the Baltic Sea within Lithuania, Estonia, and Latvia.The Baltic states have significant offshore wind potential…

Siemens Gamesa, deugro, Amasus Offshore to Deliver Transport Vessels for Next-gen Offshore Wind Components

May 16, 2023

deugro Danmark and its partners Siemens Gamesa and Amasus Offshore said Tuesday they would bring two newly designed vessels customized for transporting offshore wind turbine components to the market.Siemens Gamesa and deugro have entered into a long-term charter agreement for these newbuild vessels…

Kuwait's Oil Firm Seeks to Exit Norway

May 16, 2023

Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, industry sources said. Kuwait Foreign Petroleum Exploration Company (Kufpec) hired Scotiabank to run the sale…

Seajacks' Zaratan Jack-up Reserved for Asia Pacific Work

May 16, 2023

Eneti's offshore installation services subsidiary Seajacks UK has signed a reservation agreement, for its NG 5500 jack-up vessel, Seajacks Zaratan, for employment in the Asia Pacific region for between five and six months. The reservation agreement…

Cyprus and Israel Discussing Offshore Gas Pipeline Link

May 16, 2023

Cyprus and Israel are in talks over the construction of a pipeline linking their offshore gas fields, Cyprus's energy minister said on Monday.But George Papanastasiou appeared to play down prospects for an 'EastMed' pipeline taking eastern Mediterranean gas to continental Europe…

Swedish Gov't Grants OX2 Permission for 400 MW Offshore Wind Project

May 16, 2023

OX2 said Tuesday it had received permission from the Swedish government to build the northern part of the offshore wind project Galatea-Galene on the west coast of Sweden, with a potential capacity of 400 MW. The total project Galatea-Galene comprised 1…

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