Offshore Energy News - page 522


Fire Shuts Equinor's Plant That Processes Gas from Barents Sea Field

Sep 29, 2020

A fire at Equinor's Melkoeya liquefied natural gas (LNG) plant in the north of Norway halted output on Monday but caused no injuries, police and the company said.Images on local media showed plumes of smoke rising from the plant, but the fire was eventually put out…

GIEK Banks on Renewable Energy

Sep 28, 2020

Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches in assessing the appetite for investment in traditional offshore oil and gas today: “The money has disappeared; nobody wants to invest in oil and gas anymore…

SLPE to Design Foundations for Inch Cape Offshore Wind Farm

Sep 28, 2020

UK-based engineering company Sea and Land Project Engineering (SLPE) has won the bid for the provision of a wind turbine foundation concept design for the Inch Cape offshore wind farm in Scotland, UK.The Inch Cape offshore wind farm project is being developed by Red Rock Power Limited subsidiary…

RWE Signs Deals to Expand Lease Areas of Four Offshore Wind Farms in UK

Sep 28, 2020

Renewables giant RWE has, together with its partners, signed agreements in the UK to expand the existing offshore wind farms Gwynt y Môr, Galloper, Greater Gabbard, and Rampion. The granted seabed leases comprise extension projects with a combined potential installed capacity of around 1…

Wintershall Noordzee Wraps Sillimanite Drilling. Calls for Dutch Gov't to Boost E&P Sector

Sep 28, 2020

Wintershall Noordzee has completed the drilling of a well at the Sillimanite South field discovery in the Dutch North Sea, and converted it into a development sidetrack.It was the third well drilled in sequence after the two Sillimanite Unit…

OPITO Ventures into Renewables

Sep 28, 2020

OPITO, a UK-based skills and workforce body whose main focus has been offshore oil and gas - as its full name Offshore Petroleum Industry Training Organization suggests - is shifting its course and venturing into renewables.The organization…

Vattenfall Launches Floating Solar Farm in The Netherlands (VIDEO)

Sep 28, 2020

Swedish power company Vattenfall has inaugurated its first floating solar farm in Gendringen, the Netherlands.The solar farm, with a capacity of 1.2 megawatts, was built on the site of the sand and gravel extraction company Netterden.'This means that from now on…

Nigeria's Oil Reform Could See NNPC Privatized, Deepwater Royalties Amended

Sep 28, 2020

Nigeria's long-awaited oil reform bill would privatize the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made late last year and scrap key regulatory agencies in favor of new bodies, a copy of the bill seen by Reuters showed…

OHT Starts Trading on Merkur Market

Sep 28, 2020

Offshore heavy transport and installation contractor OHT has been admitted to trading on Merkur Market in Norway under the ticker code OHT-ME.OHT, which apart from its traditional heavy lift and transportation business is increasingly shifting focus on offshore wind…

U.S., Greece Call for Peaceful Resolution of East-Med Maritime Disputes

Sep 28, 2020

The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources…

Brazil: Total Transfers Foz do Amazonas Block to Petrobras

Sep 28, 2020

French oil major Total will transfer its rights in five blocks in Foz do Amazonas Basin off Brazil to Brazil's national oil company Petrobras, and exit the basin.To remind, Total earlier in September announced its decision o give up operatorship over the five exploration blocks in ultra-deep waters…

Udenna Wants to Take Shell's Malampaya Stake

Sep 28, 2020

Philippine oil and shipping group Udenna Corp on Monday expressed interest in acquiring Royal Dutch Shell PLC's 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Company (PNOC).Shell is…

Offshore Installation Works Set to Kick Off at Ørsted’s Giant Hornsea Two Wind Farm

Sep 28, 2020

Offshore construction works are expected to begin next month at Ørsted’s Hornsea Two giant offshore wind farm project in the UK.Ørsted’s Hornsea Two wind farm will surpass its predecessor Hornsea One by generating 1.4 GW of electricity once complete in 2022…

Maersk Supply Service, Ørsted Working on Offshore Charging Buoy

Sep 28, 2020

Danish offshore vessel specialist Maersk Supply Service and its compatriot offshore wind developer Ørsted have teamed up to test a prototype offshore charging buoy.The buoy will act as a safe mooring point and a charging station for vessels…

Equinor to Sanction $1.95B Breidablikk Development in North Sea

Sep 28, 2020

Norwegian oil company Equinor is set to develop the Breidablikk, dubbed one of the largest undeveloped oil discoveries on the Norwegian continental shelf.The company said Monday morning that it would, together with its partners Petoro, Vår Energi…

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