Offshore Energy News - page 338


Briggs Marine Acquires Majority Stake in ARB Wind

Nov 08, 2021

UK-based offshore services firm Briggs Marine has acquired a majority stake in ARB Wind, a Fife-based, wind industry inspection, testing, and certification company.'ARB Wind has a reputation for providing a high-quality service to wind energy…

Norway: ConocoPhillips Files Plan for Tommeliten A Offshore Field Development

Nov 08, 2021

ConocoPhillips presented on Monday plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns ($1.46 billion), the U.S. oil firm said.Located in the southern sector of Norway's North Sea…

Bladt, Semco to Deliver Three 880MW Offshore Substations for CVOW Project

Nov 08, 2021

Danish offshore energy industry services firms Bladt Industries and Semco Maritime have been awarded a contract to deliver substations for Dominion Energy's Coastal Virginia Offshore Wind project in the U.S.The contract comprises three 880 MW offshore substations…

Siemens Gamesa to Return to Profit in 2022 after Narrowing Annual Loss

Nov 08, 2021

Wind turbine maker Siemens Gamesa said on Friday it expects to return to profitability in 2022 after blaming its second annual operating loss in a row on higher raw materials and logistics costs, and cost overruns linked to a new model.High…

Uniper CFO: Nord Stream 2 Completion Not Cure-all for Gas Market Woes

Nov 08, 2021

The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there were other factors at play, the chief finance officer of utility Uniper said…

Further Disruption Expected at Indonesia's Merakes Offshore Gas Field

Nov 08, 2021

A disruption at a gas well in Indonesia's Merakes gas field is likely to affect gas production for longer than expected, an official at the country's oil and gas regulator said on Monday.The issue, caused by a sand blockage, had been expected to be dealt with early this month November…

Brazil: PetroRio in Talks for Petrobras' Albacora Offshore Fields

Nov 08, 2021

Brazilian state-run oil company Petrobras has selected a consortium led by PetroRio SA for bilateral talks over the sale of its Albacora and Albacora Leste offshore oil fields, both companies said on Friday.The value of PetroRio's bids was not immediately clear…

Coral Sul FLNG Project on Track, Eni Says

Nov 05, 2021

Claudio Descalzi, CEO of the Italian oil and gas giant Eni on Friday met with Filipe Nyusi, President of Mozambique, where Eni is working to develop giant offshore gas reserves using a floating LNG unit.Descalzi updated President Nyusi on the Eni-led Coral South Project…

Shell Restarts Production from Hurricane-hit Platforms in Gulf of Mexico

Nov 05, 2021

Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida.The oil major was the hardest-hit producer from Ida…

Dominion Energy Files Plans for 2.6GW CVOW Project to Virginia Authorities

Nov 05, 2021

U.S. company Dominion Energy expects to file plans later on Friday with the Virginia State Corporation Commission for approval to construct the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) commercial project, which will generate enough clean energy to power up to 660…

Woodside Downgrades Offshore Gas Reserves Estimates Again

Nov 05, 2021

Woodside Petroleum slashed its gas reserves estimate for two fields at the Wheatstone project on Thursday, in an unexpected downgrade that knocked the top Australian oil and gas company's shares.The company also said it was on track to sell…

Havila Shipping Sells 'Havila Crusader'

Nov 05, 2021

Norwegian offshore vessel owner Havila Shipping has sold the platform supply vessel Havila Crusader.Havila Shipping said Friday it had sold the platform supplier to a foreign owner, 'who will use the vessel outside the offshore industry. 'The…

Ireland Details 125B Euro Bid to Halve Emissions

Nov 05, 2021

The Irish government on Thursday set out climate targets for key sectors of the economy it said were needed to cut greenhouse gas emissions by 51% by 2030, a plan it said will require around 125 billion euros ($144 billion) of private and public investment…

U.S. Calls on Nations to Set Bold Offshore Wind Targets

Nov 05, 2021

A top U.S. official on Thursday challenged nations to join the United States in setting aggressive goals to expand electricity production from offshore wind.Interior Secretary Deb Haaland issued the call during an appearance at the United Nations climate change conference in Glasgow…

Tekmar Delivers Final CPS Batch for Ørsted's Hornsea Two Offshore Wind Farm

Nov 04, 2021

Subsea cable protection specialist Tekmar has said it has delivered the final batch of Cable Protection Systems (CPS) for Ørsted's Hornsea Two offshore wind farm in the UK.'Tekmar supplied over 340 export and array CPS in total. All systems were delivered to schedule and budget…

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