Energy News


Harbour Energy Charters Two Solstad PSVs

Jun 10, 2021

Oil and gas company Harbour Energy has chartered two large platform supply vessels from the Norwegian offshore vessel owner Solstad Offshore.Solstad Offshore said Thursday that the long-term contracts with Harbour Energy were for the Normand Service and Normand Supra vessels…

Aker Offshore Wind Names CFO

Jun 10, 2021

Tom Selwood has been appointed Chief Financial Officer of Aker Offshore Wind, the recently established Norwegian floating wind developer. Selwood joins the company from Aker Horizons’ commercial finance unit where he has worked with M&A and financing for offshore wind projects…

Parkwind Taps JDR for Arcadis Ost 1 Subsea Cables

Jun 10, 2021

Offshore wind developer Parkwind has granted subsea cable manufacturer JDR a contract to provide, test, and terminate 33kV subsea cables for the Arcadis Ost 1 offshore wind farm in Germany.JDR, part of TFKable Group, will supply the 45km of 33kV array cable that will connect the 27 wind turbines…

Brazil: Petrobras Set to Start Sapinhoá Field OBN Survey

Jun 10, 2021

Brazilian oil firm Petrobras is set to kick off the first of the two seismic acquisitions of the Sapinhoá field monitoring project, in the pre-salt of the Santos Basin, offshore Brazil.'Seismic acquisition is an important tool for managing the deposit (reservoirs) and optimizing production systems…

Norway Invites Bids for Mature Offshore Oil and Gas Blocks

Jun 09, 2021

The Norwegian Ministry of Petroleum and Energy on Wednesday invited oil companies to apply for acreage in the mature areas of the Norwegian continental shelf as part of the Awards in predefined areas 2021 (APA 2021) licensing round.APA 2021…

Oil Prices Soar on Signs of Strong Demand in Western Economies

Jun 09, 2021

Oil prices continued to rally on Wednesday on signs of strong fuel demand in western economies, while the prospect of Iranian supplies returning faded as the U.S. secretary of state said sanctions against Tehran were unlikely to be lifted.Brent crude futures were up 44 cents…

Gabon: Panoro Energy Completes Dussafu Permit Transaction

Jun 09, 2021

Panoro Energy has completed the purchase of an additional 10% working interest in the Dussafu Marin permit, offshore Gabon, from Tullow Oil.Following the completion, Panoro-Gabon holds a 17.4997% non-operated working interest in the Dussafu Marin permit…

ExxonMobil Finds More Oil in Stabroek Block Offshore Guyana

Jun 09, 2021

U.S. oil major ExxonMobil said Wednesday it had made another oil discovery in the Stabroek block offshore Guyana, this time at the Longtail-3 well.'Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified…

Gibb Group to Provide PPE for Vattenfall's 11 Wind Farms in UK

Jun 09, 2021

Energy firm Vattenfall has awarded Norfolk-based Gibb Safety & Survival, part of Gibb Group, a contract to provide protective clothing, safety, and survival equipment to keep workers safe across its eleven UK wind farms.Under the three-year contract…

Shell to Deepen Emission Cuts After Court Ruling, But Plans to Appeal the Decision

Jun 09, 2021

Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business…

Ørsted Joins Norwegian Offshore Wind Venture to Compete in Upcoming Bid Round

Jun 09, 2021

Ørsted, the world's largest offshore wind developer, has joined a consortium with Fred. Olsen Renewables and Hafslund Eco with the aim to compete in Norway's upcoming application round for offshore wind areas.'The Norwegian part of the North…

Yinson to Conduct pre-FEED for TotalEnergies' Suriname, Angola FPSOs

Jun 09, 2021

Malaysian FPSO specialist Yinson has been selected by TotalEnergies, to conduct preliminary Front-End Engineering Design (“pre-FEED”) for two FPSOs to be installed in Block 20/21 in Angola and Block 58 in Suriname. The Angola project FPSO is…

Woodside Faces Cost Increase at $11B Scarborough Gas Project

Jun 09, 2021

Woodside Petroleum is in the final stages of working out costs on its Scarborough gas and Pluto LNG expansion project, as it faces rising labor and steel costs, the company’s boss said on Tuesday.The Scarborough development offshore Western…

Offshore Wind Could Produce Affordable Hydrogen by 2035 , Siemens Gamesa says

Jun 09, 2021

Wind power could make it possible to produce hydrogen without emitting greenhouse gases as cheaply as is currently feasible with fossil fuel energy by 2030, turbine maker Siemens Gamesa said in a white paper released on Wednesday.Policymakers see green hydrogen…

New Zealand: Jadestone Energy to Wrap Maari Field Buy in 2H 2021

Jun 09, 2021

Oil and gas firm Jadestone Energy, which has, since 2019, been working to complete the acquisition of OMV's interest in the Maari field off New Zealand, now expects to wrap the deal 'in the second half of 2021.'Singapore-based Jadestone in November…

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