Energy News


Cadeler Secures Work of O-Class Offshore Wind Turbine Installation Vessels

Jan 27, 2022

Offshore wind turbine installation company Cadeler A/S said Thursday it had won an important contract with wind turbine maker Vestas, and entered a reservation agreement with an undisclosed client. 'The agreements ensure optimal utilization…

EU Approves Funding for Northern Lights CCS Project Expansion

Jan 27, 2022

Norwegian carbon capture and storage project Northern Lights is set to receive four million euros from the EU under the Connecting Europe Facility (CEF) funding scheme.The Northern Lights joint venture, owned by Equinor, TotalEnergies, and Shell…

FID Reached for Floating Wind Project in France

Jan 27, 2022

Offshore wind energy developer Ocean Winds and the “Banque des territoires” as shareholders of the Eoliennes flottantes du golfe du Lion (EFGL) project, have reached the Final Investment Decision, committing to the construction of a floating wind project in France…

Equinor's Martin Linge Offshore Field Officially Open

Jan 27, 2022

Norwegian Minister of Petroleum and Energy, Marte Mjøs Persen, will Thursday officially open the Martin Linge field, located in the North Sea, offshore Norway.As previously reported, the field came on stream in June 2021, after years of delays…

Nord Stream 2 Registers German Subsidiary, Certification Still Suspended

Jan 27, 2022

The operator of the Russian Nord Stream 2 gas pipeline has registered a subsidiary for the German part of the pipeline to meet German regulatory requirements, it said on Wednesday, though certification for the project still remains suspended by Berlin…

Wind-powered Offshore Charging Station Completes Sea Trials in Cromarty Firth

Jan 27, 2022

Oasis Marine Power said Thursday it had completed the first stage of testing of its offshore charging station.The Oasis Power Buoy is an offshore mooring and charging station with a zero-emission power source fed from wind turbines. 'Initially…

Tidal Energy Firms Nova Innovation, Sabella Secure 12MW Berth in Wales

Jan 27, 2022

Scottish tidal energy firm Nova Innovation in partnership with the French tidal energy company Sabella has have secured a 12MW berth at one of what has been described as one the world’s largest tidal energy sites off the coast of Holy Island…

Nigeria: Panoro Energy Gets Gov't Nod to Sell Aje Field Stake to PetroNor

Jan 27, 2022

Panoro Energy said Thursday it had received government approvals to sell its interest in the OML 113 offshore block in Nigeria to PetroNor.The company will sell its stake in Aje Petroleum which holds a 6.502% participating interest, with 16…

Woodside Exits Myanmar, Flags $138M Profit Hit

Jan 27, 2022

Woodside Petroleum Ltd joined on Thursday multinational oil majors Chevron Corp and TotalEnergies in their plans to exit Myanmar, nearly a year after a military coup plunged the Southeast Asian nation into turmoil.Myanmar has faced unrest since…

Oil Reaches $90 a Barrel for the First Time Since 2014

Jan 26, 2022

Oil touched $90 a barrel for the first time in seven years on Wednesday, supported by tight supply and rising political tensions in Europe and the Middle East that raised concerns about further disruption in an already-tight market.Brent crude rose $1…

Seacat's New Offshore Wind Support Vessel Sporting Yacht Racing Tech

Jan 26, 2022

Offshore vessel designer Chartwell Marine on Wednesday announced the launch of its 'market-first' offshore energy support vessel (OESV) with hydrofoils, in partnership with marine design & engineering consultancy, BAR Technologies (BAR Tech)…

Magnora Partners with Welsh Firm Hiraeth Energy for 700MW Floating Wind Projects in Celtic Sea

Jan 26, 2022

Oslo-listed company Magnora has through its subsidiary Magnora Offshore Wind agreed Heads of Terms (HoT) for cooperation with the Welsh renewable energy developer Hiraeth Energy for the development of two floating offshore wind projects in the Celtic Sea with a total capacity of around 700 MW…

Friede and Goldman's WTIV Integrated Feeder Barge Gets ABS AiP

Jan 26, 2022

American Bureau of Shipping (ABS) has granted its Approval in Principle (AIP) to a coordinated design for a wind turbine installation vessel (WTIV) in conjunction with the BargeRack feeder barge system by Friede and Goldman (F&G).The design…

PTTEP Awards Long-term Charter Extension for FPSO Kikeh

Jan 26, 2022

PTTEP Sabah Oil Limited, a Malaysian subsidiary of the Thai oil company PTTEP, has awarded a six-year contract extension for the FPSO Kikeh, operating in deep waters offshore Sabah, Malaysia.The charter extension news was shared this week by Malaysia's MISC…

Santos Hires Shearwater for Seismic Surveys Off W. Australia

Jan 26, 2022

Marine seismic survey services contractor Shearwater GeoServices has secured contracts for two multicomponent surveys offshore Western Australia with the oil and gas company Santos.The two-month program covers the Keraudren North Extension with an area of approximately 680 sqkm in the Bedout Basin…

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