Energy News


UK Picks Offshore Wind Champion. Opens $200M Floating Wind Fund for Expressions of Interest

May 20, 2022

The UK government on Friday appointed Tim Pick as the UK's first Offshore Wind Champion, as a £160 million (around $199,6 million) floating offshore wind fund opens for expressions of interest.'Ambitious plans to expand offshore wind around…

Norway's April Oil Output Lags Forecasts by 10.6%

May 20, 2022

Norway's crude oil output in April missed the official forecast by 10.6%, while its gas output was in line with expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.Crude oil output fell to 1.66 million barrels per day (bpd) in April from 1…

EU Leaders to Approve Plan to Quit Russian Gas

May 20, 2022

Leaders from European Union countries are set to endorse the bloc's plan to wean itself off Russian energy and spend the bloc's COVID-19 recovery fund to do this, according to draft conclusions for a leaders' summit later this month.The European…

Ten Year Deal: Finland Charters Excelerate Energy's FSRU

May 20, 2022

U.S.-based LNG company Excelerate Energy and a subsidiary of Gasgrid Finland, a Finnish state-owned natural gas transmission system operator, on Friday signed a ten-year deal in Helsinki for the charter of a floating storage and regasification vessel (FSRU) that they said would provide 'flexible…

Proposal Placed for 975MW Floating Offshore Wind Farm in Sardinia, Italy

May 20, 2022

Falck Renewables and BlueFloat Energy have proposed to build a 975MW floating offshore wind farm off the northeastern coast of Sardinia, Italy. The wind farm's name would be Tibula Energia.Before starting the Ministerial authorization process…

CIP Proposes to Build Hydrogen Island in Danish Dogger Bank Area

May 20, 2022

Copenhagen Infrastructure Partners (CIP) has proposed to construct an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called 'BrintØ' - in the Danish part of the North Sea. According to CIP, one of…

Inpex Plans Maintenance at Australia's Ichthys LNG from July 1 to Aug. 5

May 20, 2022

Japan's Inpex Corp plans to conduct scheduled maintenance at its Ichthys liquefied natural gas (LNG) plant in Darwin, Australia, from around July 1 to Aug. 5, a company spokesperson said on Friday.The company declined to comment on shipment plans during the maintenance period…

Rosneft Faces Foreign Managers' Departures as Sanctions Push Out EU Citizens

May 20, 2022

Five foreign vice-presidents of Russia's Rosneft have resigned because of European Union sanctions forbidding European citizens or Russians living in the EU to work at the Kremlin oil major, six sources familiar with the matter said.They said the five - Didier Casimiro…

Odfjell Technology Nets Wellbore Cleanup Deal with Petronas

May 19, 2022

Offshore operations and well services provider Odfjell Technology has won a three-year contract with Petronas in Malaysia. The company will provide all required tools, chemicals, and services for the Petronas' wellbore cleanup operations in East Malaysia…

Construction Permit Granted for 640 MW Swedish Kriegers Flak Offshore Wind Farm

May 19, 2022

Swedish Government has granted a construction permit of an offshore wind farm at Swedish Kriegers Flak, Vattenfall has informed.According to the company, Kriegers Flak in the south of the Baltic sea is one of Vattenfall’s Swedish offshore wind projects that has come the furthest in its development…

Offshore Wind: CIP, AIM Plan to Build Artificial Energy Island in German North Sea

May 19, 2022

Copenhagen Infrastructure Partners (CIP) and Allianz Investment Management (AIM) said Thursday they would jointly conduct a feasibility study for an artificial energy island in the German North Sea. The island is planned to be connected to large…

Ecopetrol, Oxy to Develop Four Deepwater Blocks Off Colombia

May 19, 2022

Colombia's majority state-owned energy company, Ecopetrol, on Wednesday announced an agreement to develop four offshore, deep-water blocks with a subsidiary of U.S. oil major Occidental.The four blocks are located in deep waters some 150 kilometers off Colombia's northern Caribbean coast…

Golden Energy Offshore Looking to Power Vessels with Hydrogen

May 19, 2022

Norwegian offshore vessel operator Golden Energy Offshore has signed a letter of intent with Gen2 Energy to explore the use and availability of hydrogen-based fuel on vessels in its fleet.'We hope that Golden Energy Offshore and Gen2 Energy…

Offshore Wind Faces Shake-up as Tenders Abandon Price-only Criteria

May 19, 2022

A new set of factors beyond bidding price is gaining traction in global tenders to award licenses for offshore wind farms and will determine the winners and losers in a highly competitive industry, a new report by energy research firm Wood Mackenzie shows…

Vattenfall Gets Funding for World's First Hydrogen Producing Offshore Wind Turbine

May 19, 2022

The UK Government has awarded Vattenfall £9.3 million pounds ($11.5 million) in innovation funding to develop the world’s first hydrogen-producing offshore wind turbine, with the electrolyzer sited directly onto an existing operational turbine…

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European North Sea Investment Pact to Mobilize $1.17T for Offshore Wind

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