Energy News


Probe into Gas Leaks on Statfjord B Platform Reveals "Serious breaches of regulations"

Feb 23, 2023

The Norwegian offshore oil and gas safety regulator PSA Norway has ordered Equinor to ensure maintenance of hydrocarbon pipes in carbon steel on the Statfjord B platform after a probe into May 2022 gas leaks found what the PSA said were serious breaches of regulations…

Liebherr Rostock Ships Its First Offshore Cranes for Azeri Gas Project

Feb 23, 2023

Liebherr-MCCtec Rostock recently shipped four new offshore cranes to the Umid Babek Operating Company (UBOC) for the Umid-2 gas project in Azerbaijan. The delivery of the Board Offshore Crane (BOS) series units marks Liebherr Rostock’s first offshore crane shipment to Azerbaijan…

SBM Offshore Forecasts Annual Revenue of Over $2.9 Billion in 2023

Feb 23, 2023

Dutch oil and gas services firm SBM Offshore forecast on Thursday an annual revenue of above $2.9 billion for 2023, bringing its guidance for earnings before interest, taxes, depreciation, and amortization (EBITDA) to above $1 billion.The group…

Nord Stream Pipeline Blast Inquiries Ongoing, Denmark, Sweden, Germany Tell UN

Feb 23, 2023

Investigations by Denmark, Germany and Sweden into explosions on the Nord Stream gas pipelines have not yet concluded, the three countries said on Tuesday as the U.N. Security Council met to discuss the September incident.Russia, which called for the meeting…

EU Firms Look to Set Up Offshore Wind Turbine Plants in Vietnam

Feb 23, 2023

European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants, sources familiar with the situation said, as the country gears up to exploit its large untapped potential in offshore wind…

Fugro to Buy Two Topaz Platform Suppliers and Convert them Into Geotechnical Vessels

Feb 23, 2023

Dutch seabed survey firm Fugro will buy two 83.4-meter-long platform supply vessels, Topaz Endurance and Topaz Energy, and convert them into geotechnical vessels.'The offshore renewable energy market continues to grow rapidly, leading to high demand for Fugro’s services and strong backlog growth…

Blue Gem Wind JV Gets Marine License for Wales' First Floating Wind Farm

Feb 23, 2023

French energy major TotalEnergies, in partnership with Simply Blue Group, has secured a marine license for the 100MW Erebus project, Wales' first planned floating wind farm.The project is owned by Blue Gem Wind, the joint venture between TotalEnergies and Simply Blue Group…

Wintershall Dea Swings to Loss on Russia Exposure

Feb 23, 2023

Oil and gas producer Wintershall Dea swung to a loss last year, hit by significant impairments and losses related to Russia's war in Ukraine, it said on Thursday.Wintershall reported a group net loss of 4.8 billion euros ($5.1 billion), including 7 billion euros in one-off…

U.S. Gov't Proposes First-ever Offshore Wind Lease Sale in Gulf of Mexico

Feb 22, 2023

The U.S. administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico, as part of the government's plan to spur offshore wind deployment beyond the East Coast.The proposed sale is part of the leasing path announced…

Taiwan's CPC to Acquire Stake in Australia's Dorado Oil Field via Deal with Carnarvon Energy

Feb 22, 2023

The Australian offshore oil and gas company Carnarvon Energy said Wednesday that it would sell a 10% interest in each of its Bedout Basin offshore blocks, including in the Dorado offshore oil field, off Western Australia, to a subsidiary of Taiwan’s national oil and gas company…

Nexans' Cables for US' First Grid-connected Wave Energy Test Facility

Feb 22, 2023

Nexans, a company specializing in making and installing power cables, has secured a contract for PacWave South, the United States' first grid-connected wave energy test facility.PacWave is a joint venture between the US Department of Energy…

Belgium on High Alert as Russian 'Spy Ship' Detected in North Sea

Feb 22, 2023

Belgium said it is investigating the presence of a Russian 'spy ship' in the North Sea, a day after its neighbor the Netherlands reported that Russia was targeting North Sea infrastructure.The ship was detected in the Belgian North Sea around mid-November last year…

Brazil: Enauta's FPSO Petrojarl I Undergoing Maintenance

Feb 22, 2023

Brazilian oil company Enauta said Wednesday that the water-cooling system of the FPSO Petrojarl I entered preventive maintenance. The FPSO is used as an early production system at Enauta's Atlanta field.'The maintenance interruption should last until the beginning of the next week…

Floating Offshore Wind Industry Poised for Full Commercialization by 2035 - Survey

Feb 22, 2023

The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges…

DOF Subsea to Provide Support for 'Major' SURF Project in Brazil

Feb 22, 2023

DOF Subsea Brasil, a subsidiary of Norwegian offshore support vessel firm DOF, has secured a charter for its ROV support vessel, Geoholm. DOF said that the 85.7-meter-long vessel and its ROV would be used for a 'major' subsea umbilical, riser…

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