Energy News


Orcan Energy's Waste Heat Recovery Tech for Green Jade Offshore Wind Vessel

Oct 28, 2020

Germany-based waste heat solutions provider Orcan Energy said Wednesday it had won a contract to deliver its equipment for the under-construction offshore wind installation vessel the Green Jade, owned by the CSBC-DEME Wind Engineering.Under the contract…

Ørsted's 3Q Results Beat Expectations

Oct 28, 2020

Danish energy group Ørsted beat third-quarter profit expectations on Wednesday but said offshore wind projects in the United States faced “significant” delays.The world’s largest offshore wind farm developer kept its full-year guidance for earnings before interest…

Vår Energi Pens Deals with Dozen Norwegian Service Firms

Oct 28, 2020

Norwegian oil and gas company Vår Energi said Wednesday it had entered into five-year framework agreements with twelve Norwegian service providers.The framework agreements include the provision of services both offshore and onshore, and, according to Vår Energi…

Saipem Expects 'Brighter' Year End After Q3 Loss

Oct 28, 2020

Italian energy services group Saipem expects no major delay to projects and predicted brisker business in the last part of the year after swinging to a loss in the third quarter.'We are not out of the woods yet ... (but) the picture starts to get brighter…

GC Rieber Shipping Nets W2W Gig in Offshore Wind Sector

Oct 28, 2020

Norwegian offshore vessel owner GC Rieber Shipping has won a short-term charter for its Polar Queen walk-to-work vessel.GC Rieber Shipping said Wednesday the contract for the vessel was with a  'Tier 1 client in Europe for work in an offshore wind park…

Wintershall Dea Starts Development Drilling at Nova Offshore Project

Oct 27, 2020

Oil and gas company Wintershall Dea has started drilling the first of what will be six development wells at its Nova field in the Norwegian part of the North Sea.The Nova field, operated by Wintershall Dea which holds a 45% stake, will be developed…

Unique Subsea Robots to Serve Norwegian Oil Industry from 2022

Oct 27, 2020

Norwegian subsea drone specialist Stinger Technology has entered into a collaboration agreement with the U.S. ocean robotics firm Houston Mechatronics.Houston Mechatronics is currently developing what has been described as one of the subsea…

HeliService Wins Two North Sea Gigs

Oct 27, 2020

German offshore helicopter transportation company HeliService has won offshore wind-related contracts with TenneT and Deutsche Windtechnik.In a social media post on Tuesday, HeliService said that it would as of November 2020 exclusively conduct all hoist flights for Tennet in the Dutch North Sea…

UK: Number of Workers on Offshore Platforms Decreased due to Pandemic

Oct 27, 2020

The number of workers on offshore oil and gas platforms decreased by around 4,000 as the UK went into lockdown in March this year,  UK's offshore oil and gas industry body OGUK said Tuesday.Per OGUK's numbers, the average number of weekly personnel on board decreased from around 11…

Carbon Trust Launches New Stage of Offshore Wind Accelerator

Oct 27, 2020

Consultancy the Carbon Trust on Monday launched the fourth stage of its Offshore Wind Accelerator (OWA), a collaborative research, development, and deployment program.The joint initiative was established back in 2008, between the Carbon Trust…

Mexico: Energy Minister Open to Pemex Farmouts

Oct 27, 2020

Mexican Energy Minister Rocio Nahle said on Monday so called farmouts, or joint ventures, could be done with state oil firm Petroleos Mexicanos if feasible projects are put forward, marking a potential shift from her previous skepticism.Nahle…

Three60 to Deliver Duty Holder Services for DNO's North Sea Assets

Oct 27, 2020

Offshore oil and gas services company Three60 Energy has won a contract to deliver duty holder services for oil firm DNO's two assets in the UK Continental Shelf.Three60 will, under what is the first Duty Holder contract for the company, provide…

Number of Offshore Exploration Wells in Norway at 14-year Low

Oct 27, 2020

Oil firms are expected to drill just 30 exploration wells off the coast of Norway this year, the lowest level in 14 years as companies seek to manage spending amid a pandemic, the Norwegian Petroleum Directorate (NPD) said on Tuesday.The search…

Hurricane Zeta Enters Gulf of Mexico. Oil Firms Shut 16% of Output

Oct 27, 2020

Energy firms and ports along the U.S. Gulf Coast were bracing on Tuesday for another test as Hurricane Zeta, the 11th hurricane of the season, entered the Gulf of Mexico.BP, Chevron and Equinor evacuated oil workers and Royal Dutch Shell paused…

Triangle Energy Starts Work to Bring Two Offshore Wells Back Online

Oct 27, 2020

Australian oil and gas company Triangle Energy has started works to bring back online two wells at the Cliff head offshore field in the Perth Basin, Australia.The two wells, CH-6 and CH-7, were shut in June. CH-6 was shut due to a pump failure…

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