Energy News


PTTEP and Inpex to Study CCS Potential in Gulf of Thailand

Jan 05, 2024

Thai oil and gas giant PTT Exploration and Production (PTTEP) and its Japanese counterpart Inpex have teamed up to conduct a study on carbon capture and storage (CCS) potential in the Northern Gulf of Thailand.The study is expected to lay a…

Noble and Petronas Agree Rig Swap Offshore Suriname

Jan 05, 2024

Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…

Giant HVDC Offshore Wind Converter Platform Checks In to Aibel's Yard

Jan 04, 2024

The DolWin epsilon HVDC offshore wind converter platform has arrived to Aibel’s yard in Norway for final electrical outfitting and commissioning.After more than two months on a journey from Seatrium’s shipyard in Singapore, the DolWin epsilon…

US Top LNG Exporter in 2023 with Record Levels

Jan 04, 2024

U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying it positioned the United States to leapfrog Qatar and Australia to become the largest exporter of LNG in 2023…

Harbour Energy Starts Drilling Gayo-1 Well Off Indonesia

Jan 04, 2024

Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator…

Petronas Secures 20-Year Extension for Java Sea Operations

Jan 04, 2024

Petronas, through its subsidiary PC Ketapang II, has secured a 20-year extension of the Production Sharing Contract (PSC) for the Ketapang Working Area, located in the Java Sea.Due to expire in 2028, the Ketapang PSC extension was officially…

Dyna-Mac Expands Fabrication Capacity with New Acquisition

Jan 04, 2024

Singapore-based oil and gas module construction company Dyna-Mac has acquired Exterran Offshore, expanding its fabrication capacity for current and future projects.Dyna-Mac signed a Share Purchase Agreement (SPA) to acquire 100% of the total…

Japan’s 112MW Offshore Wind Farm Comes Online

Jan 04, 2024

Japan’s utility JERA and Green Power Investment Corporation (GPI) have started operations at the Ishikari Bay New Port Offshore Wind Farm - the largest commercial wind farm in Japan.Located in Hokkaido’s Ishikari Bay New Port, the wind farm…

Karoon Concludes $720M Acquisition of Stakes in US Oil and Gas Fields

Jan 04, 2024

Australia's Karoon Energy has completed the acquisition of interests from LLOG Exploration Offshore and LLOG Omega Holdings for the U.S. Gulf of Mexico oil and gas fields.The acquisition includes a 30% working interest in the Who Dat and Dome Patrol oil and gas fields and associated infrastructure…

TechnipFMC Bags $1B Contract with Petrobras

Jan 04, 2024

TechnipFMC has been awarded 'major' integrated engineering, procurement, construction, and installation (iEPCI) contract by Petrobras to deliver the Mero 3 HISEP project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir…

Vineyard Wind Supplies First Power to Grid

Jan 03, 2024

Copenhagen Infrastructure Partners and Avangrid said on Wednesday their joint venture Vineyard Wind began generating power for the first time, supplying five megawatts (MW) to the New England grid.The project is expected to have five turbines operating at full capacity in early 2024…

Equinor, BP Cancel Contract to Sell Offshore Wind Power to New York

Jan 03, 2024

European energy firms Equinor and BP  terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.'This agreement reflects…

BOOST Consortium Deploys Offshore Solar Demonstrator in Spain

Jan 03, 2024

The BOOST project consortium, coordinated by Norwegian company Ocean Sun, has deployed a 270 kWp-rated offshore floating solar demonstrator close to the port of Tazacorte at La Palma, one of Spain’s Canary Islands.Partially funded by the European Union…

Fred. Olsen Windcarrier Secures Work at Baltica 2 Offshore Wind Farm

Jan 03, 2024

Offshore wind installation services company Fred. Olsen Windcarrier has been awarded a contract with Ørsted and PGE for the installation of wind turbines at the Baltica 2, lot 3 offshore wind farm in Poland.Fred. Olsen Windcarrier will mobilize…

Ocean Installer Grabs Major Contract for TotalEnergies' Girassol Life Extension

Jan 03, 2024

Ocean Installer, in consortium with Oceaneering, has secured a significant contract from TotalEnergies EP Angola and its Partners of Block 17 on Girassol FPSO life extension project offshore Angola.Ocean Installer will manage, engineer, and execute the project…

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

Jumbo Scoops Two Offshore Wind Contracts

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

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