Offshore Energy News - page 142


Statkraft and CIP Team Up for Large-scale Offshore Wind Development in Ireland

Jan 17, 2023

Norway's Statkraft and Denmark's Copenhagen Infrastructure Partners (CIP) have partnered up to develop up to 2.2 gigawatts of offshore wind in Ireland. This partnership will see CIP acquire a 50% stake in Statkraft’s offshore wind portfolio in Ireland…

Caribbean Nation to Auction Up to 20 Offshore Gas Exploration Blocks

Jan 17, 2023

Trinidad and Tobago plans an auction this quarter of up to 20 offshore natural gas exploration blocks under new fiscal terms designed to increase the pool of potential bidders, people familiar with the matter said. The Caribbean nation has been…

First Turbines at Parkwind's Baltic Sea Wind Farm Start Generating Power

Jan 17, 2023

The first turbines at Parkwind's Arcadis Ost 1 offshore wind farm in Germany have started electricity production. According to Parkwind, Arcadis Ost 1 has been delivering power to the German grid since January 12, 2023.The 257 MW offshore wind farm is located in the German section of the Baltic Sea…

Lapa South West: Aker Solutions Wins 'Sizeable' Deal with Oil Giant TotalEnergies in Brazil

Jan 17, 2023

Norwegian offshore engineering and construction firm Aker Solutions said Tuesday it had won a 'sizeable' contract with the French oil major TotalEnergies in Brazil.The contract is for the provision of the subsea production system, tools, and…

Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake

Jan 17, 2023

Indonesian state energy firm Pertamina is still discussing its plans to participate in the Abadi liquefied natural gas (LNG) project with the country's upstream oil and gas regulator, officials said on Tuesday. Indonesia has been seeking an…

Guyana Expects State Oil Revenue to Hit $1.63B in 2023

Jan 17, 2023

Guyana's revenue from oil exports and royalties this year is expected to climb 31% to $1.63 billion, Finance Minister Ashni Singh said on Monday, on higher output from the addition of a third production facility near year-end. The South American…

UK Oil, Gas Licensing Round Attracts 115 Bids, Similar to Previous Round

Jan 17, 2023

Britain's first oil and gas exploration licensing round since 2019 attracted 115 bids, up from 104 in the last round, with the licences likely to be awarded from the second quarter, the North Sea Transition Authority (NSTA) said on Tuesday. Britain's…

Exxon Set to Order Fifth Guyana FPSO, Sizing up More Blocks

Jan 16, 2023

Exxon Mobil Corp. is preparing to approve its fifth oil production project in Guyana and is considering taking additional exploration acreage, the head of its Guyanese operations, Alistair Routledge, told Reuters in an interview. The efforts…

Naming Ceremony Held for Edda Wind's CSOV

Jan 16, 2023

Edda Wind, the Norwegian offshore wind vessel owner, held a naming ceremony for its 'Edda Boreas' commissioning service operation vessel on Saturday.The traditional ceremony where a bottle of champagne was sacrificed for good luck took place at Gondan Shipbuilders in Spain…

Equinor Reports Partial Outage at Johan Sverdrup Oil Field Offshore Norway

Jan 16, 2023

The planned restart of the second process platform on Equinor's Johan Sverdrup oilfield has been postponed due to an equipment fault, and repairs are now ongoing, a company spokesperson told Reuters on Monday. Equinor's Sverdrup field last week suffered an outage due to a loss of power supply…

RWE Agrees to Sell Electricity from German North Sea Wind Farms to 12 Large Clients

Jan 16, 2023

German offshore wind developer RWE has signed deals with eleven German industrial clients and one large municipal utility to supply them with electricity generated by its offshore wind farms Nordsee Ost and Amrumbank West.Both wind farms are…

Indonesia Dispatches Warship to Monitor Chinese Coast Guard Vessel Near Offshore Fields

Jan 16, 2023

Indonesia has deployed a warship to its North Natuna Sea to monitor a Chinese coast guard vessel that has been active in a resource-rich maritime area, the country's naval chief said on Saturday of an area that both countries claim as their own…

NewMed Pressing Ahead with Capricorn Merger Ahead of Feb. 1 Vote

Jan 16, 2023

Israel's NewMed Energy LP said on Sunday it was making final arrangements for a merger with UK-based Capricorn Energy, whose shareholders will vote on whether to approve the deal on Feb. 1. Capricorn's shareholder ballot is due the same day…

Ørsted Seeks Permits for 15 GW New Offshore Wind in Sweden

Jan 16, 2023

Denmark's Ørsted has applied for permits to build 15 gigawatts (GW) of new Swedish offshore wind capacity, which could be up and running by 2032, helping to lower power prices and foster new green industries, the company said on Monday. These applications come on top of existing plans for 3 GW…

Qatar, UAE Energy Ministers Say Gas will be Needed for Long Time

Jan 16, 2023

The world will need natural gas for a long time, and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday…

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