Energy News


Mammoet Buys Winches and Pipe Pulling Equipment from Land & Marine

May 24, 2021

Heavy lift and transportation firm Mammoet has acquired the linear winch fleet and associated pipe pulling equipment from J Murphy & Sons' Land & Marine unit.The acquisition includes two 800t capacity linear winches, which Mammoet says are unique…

Offshore Wind: Project Underway to Study Buckling Risk as Piles Grow Larger

May 24, 2021

Carbon Trust said Monday that a joint project was underway to examine the impact of increased monopile size on structural stability.The project, called the  Verification of Buckling Assessment and Behaviour in Large Monopiles (VERBATIM) project is a €3 million joint industry initiative…

80:20 Procurement Wins North Sea Contract with Total

May 24, 2021

Peterson Energy Logistics' unit 80:20 Procurement Services has recently won a contract with the oil company Total E&P UK, a subsidiary of the French oil giant Total.The contract scope of 80:20 includes general consumables and ad-hoc material supply…

Offshore Mooring: Delmar Systems Acquires Vryhof

May 24, 2021

U.S.-based offshore mooring services firm Delmar Systems on Monday announced the acquisition of the Dutch-based rival Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio…

Nord Stream 2 Project: Russian Vessel Fortuna Starts Laying Pipes

May 24, 2021

Russian vessel Fortuna has started laying pipes for the Nord Stream 2 gas pipeline in German waters, the gas project said on Sunday, citing Germany's Waterway and Shipping Authority.Nord Stream 2, which runs on the bed of the Baltic Sea from Russia to Germany…

Britain Hits New Wind Power Record

May 24, 2021

Blustery weather helped Britain to a wind power record in the early hours of Friday morning, provisional National Grid data showed.Between 0200 and 0300 BST Britain's wind farms provided a record 62.5% of the country's electricity demand, beating the previous best of 59…

UK: Eni to Buy Conwy Offshore Field from Tailwind Energy

May 24, 2021

UK-focused oil company Tailwind has agreed to sell its entire working interest in the Conwy field, offshore the UK, to the Italian oil giant Eni.'Conwy has had an excellent safety and production record under Tailwind ownership but now the asset…

Subsea 7 Nets 'Very Large' Deal for Mero 3 Pipeline Delivery

May 24, 2021

Brazilian oil company Petrobras has awarded offshore services provider Subsea 7 a 'very large' contract for the delivery of subsea equipment for the Mero 3 deepwater field development, offshore Brazil.A very large contract, according to Subsea 7…

Oil Jumps on Weather Concerns in Gulf of Mexico

May 21, 2021

Oil prices jumped 2% on Friday after three days of losses, driven higher as a storm formed in the Gulf of Mexico, but were on track for a weekly fall as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress a nuclear deal…

Massive Offshore Wind Farm in Iceland Planned for UK Power Supply

May 21, 2021

Hecate Independent Power, a company chaired by  Sir Tony Baldry, a former minister in the UK Department of Energy under Margaret Thatcher, on Friday announced plans to build a massive offshore wind project off the coast of Iceland that would…

Viking Supply Ships: Sluggish 1Q, Higher Activity Expected During Summer

May 21, 2021

Viking Supply Ships, a Swedish offshore vessel operator, said on Friday that activity in the offshore support vessel market remained sluggish in the first quarter of the year due to lower investment levels in the offshore oil and gas industry…

Talos Best Positioned to Lead Zama Field Development, CEO Says

May 21, 2021

U.S.-based oil company Talos Energy, working on a unitization agreement for the giant Zama offshore oil discovery in Mexico with the Mexican oil company Pemex, hopes the final solution will see the company lead the development of the field as the operator…

U.S. Gives Williams More Time to Build NESE Gas Pipeline

May 21, 2021

U.S. energy regulators on Thursday approved Williams Companies Inc's request for two more years until May 2023 to build the proposed Northeast Supply Enhancement (NESE) project to transport natural gas from Pennsylvania to New York.The U.S.…

Israel Orders Chevron to Restart Output from Tamar Offshore Platform

May 21, 2021

Israel's energy ministry has instructed Chevron to restart operations at the offshore Tamar natural gas platform, nine days after it was shut due to unrest in the region, the company said.Production at the Tamar platform, located some 25 kilometers (15…

Australian Oil Firm Expands North Sea Acreage

May 21, 2021

Australian oil and gas company Finder Energy said Friday it had acquired two 'highly prospective' UK North Sea-operated licenses, P2502, and P2524, from Azinor Catalyst Limited.Perth-based firm said that the license P2502 was located on the western edge of the East Shetland Basin…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

ESG Completes Service Operation Vessel Conversion for HOS

Orbital Marine Power Secures $9.31m Investment

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