Energy News


Thailand's PTT in Advanced Talks with Qatar for LNG Deal - Sources

Jul 07, 2023

Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, four trading sources told Reuters.The oil and gas conglomerate is negotiating a supply of 1 or 2 million tonnes per annum (mtpa)…

French Court Rejects Case Seeking Halt to TotalEnergies' New Oil and Gas Projects

Jul 06, 2023

A French court on Thursday declined to consider a case brought by a coalition of environmental groups and local authorities which was seeking an immediate halt to new oil and gas projects by TotalEnergies.The coalition launched legal action…

Tackle Demand, Not Supply, to Cut Emissions, Oil Bosses Say

Jul 06, 2023

The bosses of global energy companies this week urged governments to shift the focus to limiting oil demand to reduce emissions, rather than pressuring producers to curb supply, which they say serves only to increase prices.Some western governments…

Bernhard Schulte Offshore Orders Two Ulstein CSOVs

Jul 06, 2023

Germany-based Bernhard Schulte Offshore has awarded Norway's Ulstein Verft a contract for the design and construction of two Commissioning Service Operation Vessels (CSOVs) of the ULSTEIN SX222 design. The contract includes options for four additional vessels…

McDermott Wins Shell Contract for Offshore Transportation and Installation Project in Malaysia

Jul 06, 2023

Offshore installation services firm McDermott has won a contract for an offshore transportation and installation project with Shell in Malaysia.The pipelay and heavy lift project offshore Sarawak in East Malaysia, awarded by Sarawak Shell Berhad (SSB)…

Oil Industry Should Set Carbon Targets at COP28 -TotalEnergies CEO

Jul 06, 2023

The world's oil and gas companies should set targets to cut greenhouse gas emissions by 2030 at the upcoming COP28 global climate conference, the CEO of France's TotalEnergies Patrick Pouyanne said on Wednesday.'If we can bring something to COP28 as an oil and gas industry…

Iberdrola's First French Offshore Wind Farm Begins Supplying Electricity to the Grid

Jul 06, 2023

Spanish renewable energy company said Thursday that its first French offshore wind farm has officially started supplying electricity to the grid.Electricity from the Saint-Brieuc offshore wind farm has started feeding into the grid in Brittany for the first time…

Denmark Launches Tender for North Sea Oil and Gas Concession

Jul 06, 2023

The Danish Energy Agency has launched a tender for the exploration and production of oil and gas at a new concession in the North Sea, it said in a statement on Thursday. The agency initiated the tender process following an unsolicited application…

Asso.subsea Partners with Nexans for Subsea Cable Project in Germany

Jul 06, 2023

Asso.subsea, a subsea cable services company, has signed a contract with the major subsea cable maker Nexans for the transportation, installation, and protection of the nearshore section for the 320 kV DC connection that will transmit up to 980 MW of electricity from the BorWin cluster in Germany…

HAV Group to Design Methanol-Fueled Offshore Wind Service Vessel for ESVAGT

Jul 06, 2023

Norway's HAV Group said Wednesday its ship design business had been selected to develop another methanol-fuelled offshore wind service operation vessel (SOV) for ESVAGT.  'To secure repeat ship design business from a leading SOV operator is a proud moment for us…

Third Coast Acquires Stake in Shell-operated U.S. Gulf of Mexico Offshore Platform

Jul 06, 2023

Houston-based Third Coast Super Holdings has acquired an indirect 26.5% non-operated interest in the Perdido offshore platform in the U.S. Gulf of Mexico from ArcLight Energy Partners Fund VI, L.P., a private equity fund managed by ArcLight Capital Partners…

US Approves Construction for Orsted's Ocean Wind Project off New Jersey

Jul 05, 2023

The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States…

Glamox Illuminates World's Largest Offshore Wind Farm

Jul 05, 2023

Glamox provided a lighting system for the first substation built for the world’s largest offshore wind farm at Dogger Bank, offshore the UK.The giant unmanned structure is one of three offshore high-voltage direct current (HVDC) substations being built for Dogger Bank…

Oil Output in Kazakhstan Down 21% on July 4 from July 2 after Blackout

Jul 05, 2023

Oil production in Kazakhstan plummeted by around a fifth on July 4 to 1.46 million barrels per day from July 2, after the widespread power outages, official data from an analytical center at the energy ministry showed on Wednesday. Oil refining volumes fell by 46% on July 4 to 20…

Decom Engineering Develops Its Largest Chopsaw Yet for Subsea Pipe Cutting

Jul 05, 2023

Northern Ireland-based offshore decommissioning technology firm Decom Engineering said Wednesday it had developed its largest Chopsaw to date in response to client demand for larger-sized subsea pipe-cutting capability.The C1-46 Chopsaw has…

Current News

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

BW Offshore Concludes Sale of FPSO Polvo

Van Oord’s Heavy-Lift Installation Vessel Gets Major Upgrade

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