Energy News


Baker Hughes, Halliburton, Schlumberger, Others Win $2,1B in Drilling, Services Deals with Equinor

May 06, 2022

Oilfield services giants Baker Hughes, Halliburton, and Schlumberger have signed a contract extension with the Norwegian oil and gas company Equinor for the integrated drilling and well services on Equinor-operated fields offshore Norway.Equinor said Friday it was…

BOEM Environmental Review: No Significant Impact of Potential Offshore Wind Leasing in Area Off California

May 05, 2022

The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area, located 20 miles offshore northern California…

U.S. Energy Department to Commit $2.25B to Carbon Storage Program

May 05, 2022

The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday.The funding for carbon storage validation and testing over the next five years…

Sonangol Sells Dalia Cargo, Supply Still Ample

May 05, 2022

Angolan state oil company Sonangol sold one of the June-loading cargoes it has been offering, traders said on Thursday, although supply remained relatively ample amid weak Chinese demand.Sonangol sold its June-loading Dalia cargo that had been offered at dated Brent minus 50 cents…

U.S. Offshore Wind: RWE Renewables Names Head of Offshore Development (East)

May 05, 2022

Germany-based renewable energy company RWE Renewables has appointed Katie Theoharides as Head of Offshore Development (East) in its offshore wind team in the U.S.Theoharides comes to RWE from her position as Secretary of Energy and Environmental…

Höegh LNG Names New President & CEO

May 05, 2022

Oslo-listed LNG FSRU specialist Höegh LNG has appointed Erik Nyheim as the new President & CEO, effective from mid-August this year.Nyheim comes from the position as Partner of Boston Consulting Group's Norwegian office where he has successfully led their maritime practice since 2019…

Green Light for 30MW Floating Wind Farm Pilot in French Mediterranean

May 05, 2022

The EolMed consortium comprising Qair, TotalEnergies, and BW Ideol, has reached a final investment decision for its 30MW offshore floating wind development in France, BW Ideol said in a brief statement on Thursday.BW Ideol, a company making foundations for floating wind turbines…

Oil Output at Azerbaijan's ACG stood at 5 mln t in Q1

May 05, 2022

Oil output at the BP-led Azeri–Chirag–Gunashli project in Azerbaijan amounted to 5 million tonnes in the first quarter of 2022, BP BP.L said on Thursday.BP also said the Shah Deniz field produced more than 6 billion standard cubic meters (bscm)…

GE, HSM Offshore Energy to Jointly Bid for Offshore Wind Substation Work

May 05, 2022

GE's Grid Solutions business, a global power industry systems provider, has signed a memorandum of understanding with offshore platform and modules builder HSM Offshore Energy to partner on offshore wind substations projects'This MoU can help…

SapuraOMV Set to Spud Kanga-1 Well Offshore W. Australia

May 05, 2022

Oil and gas company SapuraOMV is set to start drilling the Kanga-1 well offshore Western Australia in a few days, ASX-listed oil and gas company Finder Energy, a partner in the project, said Thursday.Finder said that the Diamond Offshore Ocean…

TMC, Allseas Complete Initial Deepwater Trials of Polymetallic Nodule Collector Vehicle

May 05, 2022

The Metals Company (TMC) and Allseas have successfully completed the initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean, TMC said Thursday.To remind, back in March, The Metals Company (TMC), a company…

PGS to Start Large Offshore Survey in Norwegian Sea Next Week

May 05, 2022

Norwegian seismic company PGS said Thursday it had secured solid industry pre-funding for a large MultiClient survey on the Northwest shelf of the Norwegian Sea. The Ramform Atlas vessel is currently mobilizing for the survey, with scheduled acquisition starting around May 10…

Eco Wave Power to Install Wave Energy Power Plant in Spanish Port

May 05, 2022

Wave energy technology firm Eco Wave Power has entered an official agreement with Port Adriano, Spain, for the potential construction of a wave energy power plant of up to 2MW. According to the terms of the agreement, Port Adriano will assign…

Equinor to Transfer Krafla Field Operatorship to Aker BP for Simpler NOAKA Development

May 05, 2022

Norwegian oil companies Equinor and Aker BP have agreed for the Krafla offshore field operator to be transferred from Equinor to Aker BP. With this transaction Aker BP will be the operator of all discoveries in the NOAKA area - Krafla, Fulla…

Germany to Charter Four FSRUs in Push to Cut Reliance on Russian Gas

May 05, 2022

The German government on Thursday signed agreements for the charters of four floating storage and regasification units (FSRUs), as it works to become less reliant on Russian gas, as FSRUs will enable it to import LNG from other sources.The agreements…

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Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

BW Offshore Concludes Sale of FPSO Polvo

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