Energy News


German Firm to Build Foundations for 2.6GW Offshore Wind Project in U.S.

Nov 09, 2021

Germany-based offshore wind turbine foundation builder EEW Special Pipe Constructions will construct 176 monopiles for Dominion Energy's 2.6GW Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind project in development in the U…

More Net than Zero: Do Carbon-cutting Promises Add Up for the Climate?

Nov 09, 2021

The growing avalanche of governments and companies committing to cut their climate-changing carbon pollution to net zero now covers 88% of global emissions, according to a tracker run by leading climate analysis groups.But those pledges do not…

Qatar Raises December Crude Prices

Nov 09, 2021

Qatar Petroleum raised the official selling prices (OSP) of its marine and land crudes in December, a pricing document posted on its website showed on Tuesday.Qatar marine was set at a premium of $2.20/barrel over the Dubai/Oman crudes average and Qatar land was priced at a premium of $2…

IKM Testing Buys 70% Stake in Shrink Wrap Supplier Alfa Solution

Nov 09, 2021

Norway-based IKM Testing has acquired 70% of the shares in Alfa Solution AS, a distributor of shrink wrap materials, tape, installation supplies and heat tools for the industrial, construction, transport, and marine markets.  Alfa Solution has now changed its name to IKM Alfa Solution AS…

Watch: Barge Master's Motion-compensated Solution for Offshore Wind Feeder Vessels

Nov 09, 2021

Dutch company Barge Master earlier this year said it had developed a motion-compensated feeder solution for the next generation of offshore wind turbines, called BM-Feeder.The company at the time said that its motion-compensated platform could…

Emission Reduction: Eidesvik, Aker BP, Alma to Test Ammonia Fuel Cell Tech on Offshore Vessels

Nov 09, 2021

Eidesvik Offshore, a Norwegian offshore support vessel owner, has signed a deal with oil firm Aker BP and Alma to investigate the possibility of using Alma's fuel cell technology to accelerate the transition to zero-emission shipping.Alma is…

Ghana Sees Need for Energy Transition, Still Sees Gas as Key - Deputy Minister

Nov 09, 2021

Ghana's deputy energy minister said on Tuesday that he recognizes the need for an energy transition but still strongly believes that gas will be an important source of energy going forward.Ghana discovered oil in 2007 and began production at the end of 2010…

"Clock ticking" to Achieve Energy Transition - Equinor

Nov 09, 2021

A senior executive for Norwegian oil company Equinor said on Tuesday that the 'the clock is ticking' to achieve an energy transition away from hydrocarbons.'If we don't take action, we'll end up losing out,' Equinor's Senior Vice President for…

Solstad Offshore, DOF Sell Construction Support Vessels

Nov 09, 2021

Norwegian offshore vessel owners DOF and Solstad Offshore on Tuesday each announced construction support vessel sale deals.DOF Subsea said it had agreed to sell the vessel “Geosund” to an international buyer. The estimated delivery of the vessel to the new owner is in Q1…

Petronas, Exxon to Explore CCS Opportunities in Malaysia

Nov 09, 2021

Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonize the country's upstream industry…

Saudi Arabia: IMI, Zamil in Offshore Support Vessel JV

Nov 08, 2021

International Maritime Industries (IMI), which describes itself as the largest maritime yard in the MENA region, has signed a Joint Venture Agreement with Zamil Offshore to deliver Offshore Support Vessel (OSV) building and maintenance, repair…

BW Offshore's FPSO to Stay in Nigeria for One More Year

Nov 08, 2021

Norwegian floating oil and gas production systems owner BW Offshore has secured a one-year contract extension in Nigeria for one of its FPSOs.The contract, with Addax Petroleum Exploration (Nigeria) Ltd, is for the lease and operation of the FPSO Sendje Berge…

North Field Expansion: QatarEnergy Orders Six LNG Carriers from S. Korean Shipyards

Nov 08, 2021

Qatar's state-run energy firm QatarEnergy, until recently known as Qatar Petroleum, has ordered six LNG tankers, four from Daewoo Shipbuilding & Marine Engineering (DSME) and two from Samsung Heavy Industries (SHI) in support of its North Field expansion project…

Briggs Marine Acquires Majority Stake in ARB Wind

Nov 08, 2021

UK-based offshore services firm Briggs Marine has acquired a majority stake in ARB Wind, a Fife-based, wind industry inspection, testing, and certification company.'ARB Wind has a reputation for providing a high-quality service to wind energy…

Norway: ConocoPhillips Files Plan for Tommeliten A Offshore Field Development

Nov 08, 2021

ConocoPhillips presented on Monday plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns ($1.46 billion), the U.S. oil firm said.Located in the southern sector of Norway's North Sea…

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