Energy News

Construction of World's Largest Floating Wind Farm Kicks Off

Oct 01, 2020

The construction has started in Norway of what will be the world's largest floating wind farm - the Hywind Tampen.Norway's Prime Minister Erna Solberg and Kværner apprentice Arne Linga officially kickstarted the construction work by starting…

Premier Oil Gets Some Breathing Space from Creditors

Oct 01, 2020

Creditors of Premier Oil have extended a waiver for the group's debt covenant test until Nov. 5, Premier said on Thursday, granting it breathing space to avoid an immediate debt crunch and work on a longer-term plan.Premier needs to convince…

Nexans' Umbilicals for Senegal's First Offshore Oil Project

Oct 01, 2020

Offshore cable solutions provider Nexans will deliver subsea umbilicals for Senegal's first offshore oil field, the Sangomar.Subsea 7 awarded Nexans a contract to design and manufacture 46km of umbilicals for the Woodside-operated field. Subsea…

SBM Offshore Confirms Payara FPSO Award

Oct 01, 2020

With ExxonMobil sanctioning its third offshore development in Guyana following the government approval, SBM Offshore has confirmed it has won a contract to deliver an FPSO for the project.Under the contract, SBM Offshore will construct, install…

Corvus to Supply Batteries for Taiwan-bound Offshore Wind Vessel

Oct 01, 2020

Battery solutions provider Corvus Energy has won a contract with Vard Electro to supply lithium-ion battery-based Energy Storage Systems (ESS) for the new vessel being built at Vard Vung Tau yard in Vietnam for the Greater Changhua wind farms in Taiwan…

Gallery: Deme's First Service Operation Vessel Launched in Turkey

Oct 01, 2020

Belgian offshore services contractor Deme saw the hull of its first-ever Service Operation Vessel (SOV) launched at the Cemre shipyard in Yalova, Turkey. The twin-hull vessel named ‘Groene Wind’ (Green Wind), will be used for offshore wind farm…

Norway: More Offshore Workers to Go on Strike from Oct. 4

Oct 01, 2020

Norway's Lederne labor union said on Wednesday it would escalate an oil workers' strike from Oct. 4 to four additional offshore fields.Several dozen workers went on strike on Wednesday at Norway and western Europe's largest oilfield, Johan Sverdrup…

Guyana: ExxonMobil Sanctions $9B Payara Offshore Development

Oct 01, 2020

U.S. oil major ExxonMobil has reached a final investment decision on a $9 billion offshore oil development project in Guyana, following the approval by the government.To remind, Reuters last Friday reported that Guyana was close to reaching…

Total to Spend $3B a Year on Renewables

Sep 30, 2020

France's Total on Wednesday said it would hike its annual investments in renewable energy and electricity by 50% as it cuts its reliance on oil and aims to become a major low-carbon power producer.Faced with gloomy long-term prospects for oil demand…

VIDEO: Power On at Two Coastal Virginia Offshore Wind Turbines

Sep 30, 2020

Dominion Energy and Orsted have brought online two offshore wind turbines, which are part of the 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project, offshore Virginia Beach, USA. 'We're excited that the two CVOW wind turbines are…

Seaway 7 to Convert 'Seven Phoenix' into Cable Layer

Sep 30, 2020

Seaway 7, the renewables business unit of Subsea 7, is expanding its renewables fleet with a second cable lay vessel.The company, which has access to Subsea 7's pool of vessels, said Wednesday that the Seven Phoenix vessel would be converted…

Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

Sep 30, 2020

Commissioning has been completed at the third field at the Liwan gas project offshore China, Canadian oil company Husky Energy has said.'As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely…

Equinor Maintains Oil Output, but More Workers May Join Strike

Sep 30, 2020

Equinor said on Wednesday it was maintaining production at western Europe's largest producing oilfield despite a strike by some workers but risked a wider labor conflict this week.Some 43 workers are on strike at the Johan Sverdrup field after…

Drydocks Starts Work on Jotun FPSO TMS

Sep 30, 2020

Dubai's Drydocks World has begun work on a part of a turret mooring system for Jotun FPSO, for Bluewater Energy, with the end client being Var Energi in Norway.Namely, Drydocks said Wednesday it had held a steel-cutting ceremony to mark the start of production of the turntable project for the FPSO…

Eni to Take Over Indonesian Deepwater Development?

Sep 30, 2020

Italy's Eni is expected to take over the Indonesian Deepwater Development (IDD) project as operator Chevron sells its interest in the gas venture, the chairman of the country's upstream oil and gas regulator said on Wednesday.Chevron confirmed…

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