Energy News


Ørsted to Store 430,000 Tonnes of CO2 Emissions Annually Under Seabed in Norway

May 15, 2023

Danish renewables firm Ørsted has signed a CO2 Transport and Services Agreement (TSA) with the Norwegian Northern Lights joint venture to store 430,000 tonnes of biogenic CO2 emissions per year from two power plants in Denmark.'This agreement…

Norway's Energy Minister to Formally Open Revamped Njord Field Facilities

May 15, 2023

Equinor-operated Njord field in the Norwegian Sea will be officially opened Monday by the Norwegian minister of petroleum and energy, Terje Aasland. The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades…

TotalEnergies Confirms Suriname Offshore Oil Deal

May 15, 2023

French oil major TotalEnergies said Monday it had, with its partners, signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname.Blocks 6 and 8 were awarded…

Noise Mitigation: Bubble Curtain to Be Deployed During Construction of U.S. Largest Offshore Wind Project

May 15, 2023

U.S. offshore wind farm developer Vineyard Wind will deploy and test a secondary bubble curtain noise mitigation system during foundation installation at the Vineyard Wind offshore wind farm, the first commercial-scale wind farm installation project in the U…

Record Orders, Strong Sales Drive Strong Q2 for Siemens Energy

May 15, 2023

Siemens Energy, which supplies equipment and services to the power sector, posted forecast-beating second-quarter sales and lifted its revenue outlook, as strong demand pushed the firm's order book past the 100 billion euro ($110 billion) mark…

Buyout House Apollo Rules Out Takeover of Britain's Wood Group

May 15, 2023

U.S. private equity firm Apollo Global Management on Monday said it would not proceed with a takeover offer for British oilfield services and engineering firm John Wood Group after tabling an exploratory bid last month.Apollo had until later…

Noble Secures $500M Deal with Petrobras for Ultra-Deepwater Drillship

May 15, 2023

Offshore drilling contractor Noble Corporation has secured a $500 million contract with Brazil's Petrobras for the ultra-deepwater drillship Noble Faye Kozack.The contract for the drilling at the BM-S-11 and Tupi fields offshore Brazil, has a firm duration of 2…

REM Purus' New CSOV Named in Aalesund, Norway

May 12, 2023

Commissioning Service Operation Vessel (CSOV) REM Power was named at a ceremony in Aalesund, Norway on Friday.The Rem Power, owned by Rem Purus, designed to offer services and maintenance operations at offshore wind farms, was named in the center…

Ireland Awards Four Contracts in First Offshore Wind Auction

May 12, 2023

Ireland awarded contracts to four offshore wind projects with the potential to produce 3.1 gigawatts of capacity in its first-ever offshore wind power auction, the government announced on Thursday.The schemes were awarded at a weighted average strike price of 86…

Japan Picks Five Promising Zones for Offshore Wind Farms

May 12, 2023

The Japanese government said on Friday it had chosen five sites off the coast of Hokkaido as 'promising zones' for developing offshore wind farms, marking the second stage in a three-part selection process. The move comes as Japan looks to accelerate…

Port Esbjerg Welcomes Jan De Nul's Mega Jack-up Voltaire

May 12, 2023

Jan De Nul's new offshore installation jack-up vessel Voltaire has called the port of Esbjerg in Denmark to mobilize for an offshore wind farm installation project in the North Sea.The Voltaire, delivered in December from China's COSCO shipyard…

Petra Energy Wins HUC Deal for World's Largest Offshore CCS Project

May 12, 2023

Petra Energy's Petra Resources subsidiary has been awarded a subcontract from Malaysia Marine and Heavy Engineering Sdn. Bhd. (“MMHE”) for Hook Up and Commissioning (HUC) Works for Kasawari Carbon Capture and Storage Project.In November 2022…

Largest Vessel in Solstad Fleet, Normand Maximus, Set for Long-Term Hire with Unnamed Subsea Contractor

May 12, 2023

Norwegian offshore vessel operator Solstad Offshore said Friday it had has received a Letter of Intent from an undisclosed subsea contractor for hire of the construction support vessel (CSV) Normand Maximus.The subsea contractor would hire the…

Siemens Gamesa Installs First Wind Turbine at Iberdrola's Saint-Brieuc Offshore Wind Farm

May 12, 2023

Spanish offshore wind developer Iberdrola said Friday it had installed the first wind turbine at the offshore farm in the bay of Saint-Brieuc, France.The installation of the first of 62 wind turbines for the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy…

OX2 to Sell 49% Stake in Three Finnish Offshore Wind Projects to Ingka

May 12, 2023

Sweden-based renewable energy firm OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. According to OX2, the three offshore wind projects will have the potential to reach a total installed capacity of about 6…

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