Energy News


Nord Stream 'Sabotage' Likely to be a State-sponsored Act, Russia says

Sep 29, 2022

Russia said on Thursday that leaks spewing gas into the sea from pipelines to Germany appeared to be the result of state-sponsored 'terrorism', as an EU official said the incident had fundamentally changed the nature of the conflict in Ukraine…

BP Restarts Output at Na Kika, Thunder Horse Platforms after Storm Ian

Sep 29, 2022

BP said on Thursday it has redeployed offshore personnel and restarted production at its Na Kika and Thunder Horse oil platforms in the Gulf of Mexico after halting production on Sept. 26 as storm Ian approached.(Reuters - Reporting by Arpan…

DNV Grants Conformity Statements for Two German Nordseecluster Offshore Wind Farms

Sep 29, 2022

DNV, the independent energy expert and assurance provider, has awarded Conformity Statements to two German Nordseecluster offshore wind farms (N-3.7 & N-3.8).Jointly developed by RWE and Northland Power, Nordseecluster has a total capacity of more than 1…

EU Vows to Protect Energy Network after 'sabotage' of Nord Stream Gas Pipeline

Sep 29, 2022

The European Union on Wednesday promised a 'robust' response to any intentional disruption of its energy infrastructure after saying it suspected sabotage was behind gas leaks discovered this week on subsea Russian pipelines to Europe.As gas…

Vattenfall to Build 980MW Offshore Wind Farm in Germany

Sep 29, 2022

Swedish firm Vattenfall has obtained the right to develop the N-7.2 offshore wind power project off the German North Sea coast. The project is expected to generate enough electricity to power the equivalent of more than one million German households…

GMS Secures Work for Two Self Propelled Jack-ups

Sep 29, 2022

GMS, a UAE-based owner of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Thursday it had secured a new contract.The company said Thursday that the contract was at improved rates…

Petrobras Orders $2.8B FPSO from Keppel O&M

Sep 29, 2022

Singapore's Keppel Offshore & Marine has won a $2.8 billion contract with Brazil's Petrobras for the construction of a large FPSO for deployment at the Buzios field offshore Brazil.Scheduled for delivery in 1H 2027, the P-83 is a repeat order of the P-80 FPSO that Keppel O&M secured in August 2022…

ONE-Dyas Sanctions EUR 500M Wind-powered Offshore Gas Project in Dutch North Sea

Sep 28, 2022

ONE-Dyas has reached a final investment decision for the development of the N05-A gas field in the Dutch sector of the North Sea. The decision involves an investment of more than 500 million euros, and is the largest investment in a natural gas development in the Netherlands in the past 15 years…

Vestas to Deliver 15MW Wind Turbines for 1.1 GW Inch Cape Offshore Wind Farm in Scotland

Sep 28, 2022

Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has appointed Vestas as the preferred wind turbine supplier for the 1.1 GW Inch Cape Offshore Wind Farm in Scotland. The project, located 15 km off the Angus Coast on the East of Scotland…

Kremlin Dismisses 'Stupid' Claims Russia Attacked Nord Stream Pipelines

Sep 28, 2022

The Kremlin on Wednesday said claims that Russia was somehow behind a possible attack on the Nord Stream gas pipelines were stupid, adding that the United States had opposed the pipelines and its companies had made big profits supplying gas to Europe…

Proserv Acquires Stake in Power System Monitoring Expert, Synaptec

Sep 28, 2022

Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive…

Saipem Nets 1B Euros Worth of Contracts in Ivory Coast

Sep 28, 2022

Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…

Nord Stream Operator Says Three Offshore Gas Pipelines Damaged in One Day

Sep 28, 2022

Three offshore lines of the Nord Stream gas pipeline system on the bed of the Baltic Sea sustained 'unprecedented' damage in one day, Nord Stream AG, the operator of the network, said on Tuesday.The bulletin was published after Sweden's Maritime…

Shell, Exxon Launch Joint Sale of UK, Dutch North Sea Assets

Sep 27, 2022

Shell and Exxon Mobil have launched a joint sale process of a large package of offshore natural gas assets in the southern UK and Dutch North Sea, three industry and banking sources said.The two companies have hired investment bank Jefferies to run the sale…

Oil Rises from 9-month Low on U.S. Gulf Supply Cuts, Softer Dollar

Sep 27, 2022

Oil rose more than 1% on Tuesday from a nine-month low a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and a slight softening in the U.S. dollar.Analyst expectations that the Organization of the Petroleum Exporting Countries and allies…

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