Flow Energy News


Rare Shipments of North Sea Forties Crude Head to East Coast Refiners

Apr 07, 2023

U.S. and Canadian refiners have turned to North Sea 'Forties' crude oil for the first time in seven years in the latest sign of changing global oil flows from Russia's invasion of Ukraine. Nearly 2.6 million barrels of the crude are set to arrive at U…

Apollo Wins Pre-FEED Contract for Multi-connection Offshore Substation in Wales

Mar 22, 2023

Energy industry engineering services firm Apollo has won a pre-FEED contract with Celtic Sea Power for the 400MW Pembrokeshire Demonstration Zone Multi-connection Offshore Substation (PDZ MOS) and 2x 1GW MOS’s targeting The Crown Estate Refined Area of Search (RAoS) A…

Wintershall Dea Buys 24% in Smart Well Flow Diagnostics Firm

Mar 09, 2023

Oil and gas company Wintershall Dea said Thursday it had invested in Norway-based smart well flow diagnostics provider Wellstarter. 'The Norwegian based company has developed an innovative solution, offering cost effective and real time wireless downhole flow monitoring…

EIG's Breakwater Energy Acquires 25% Stake in Repsol Upstream for $4.8B

Mar 03, 2023

Breakwater Energy, a subsidiary of EIG, an institutional investor in the global energy and infrastructure sectors, has acquired a 25% interest in Repsol Upstream for a total consideration of around $4.8 billion, including debt, with Repsol holding the remaining 75%…

James Fisher Names New Head of Energy Division

Feb 07, 2023

Offshore services firm James Fisher and Sons has appointed Neil Sims as its new Head of Energy. Sims will report to Chief Executive Officer, Jean Vernet, as part of the James Fisher executive team.Sims joins James Fisher from Expro, where he…

Tidal Energy Firm Minesto Tapped for Site Development Services in Asia

Jan 13, 2023

Tidal energy technology company Minesto said Friday it had received its first historic sales order for site development services,.The order includes Minesto's Dragon Class tidal energy powerplants and comes from an unnamed 'major corporation in the  Asian offshore energy sector…

Israel Grants Approval for Energean to Start production at Karish Offshore Gas Field

Oct 25, 2022

Israel granted Energean permission to start production at the  offshore Karish gas field on Tuesday, an Energy Ministry statement said.Energean has said its floating production storage and offloading vessel [the Energean Power - OE ] is due…

TotalEnergies Set to Explore for Gas in Lebanese Waters, says Energy Minister

Oct 11, 2022

Lebanese caretaker energy minister Walid Fayyad said that French gas giant TotalEnergies would begin the process of exploring for gas in Lebanese waters as soon as a maritime border deal with Israel is concluded.Fayyad made the comments after meeting a senior TotalEnergies delegation in Beirut…

Sweden Sends Diving Vessel to Inspect Leaking Nord Stream Pipelines

Oct 03, 2022

Sweden sent a diving vessel on Monday to the site of Russian gas pipelines in the Baltic Sea that ruptured last week following blasts in the area, to probe an incident that has added new tension to Europe's energy crisis.Europe is investigating…

Gas Starts Flowing to Poland Through New Baltic Pipe Pipeline

Oct 03, 2022

Gas started flowing to Poland through the new Baltic Pipe pipeline from Norway via Denmark and the Baltic Sea on Saturday morning, Polish gas pipeline operator Gaz-System said. The pipeline is at the centre of Poland's strategy to diversify…

Tullow Oil Sticks to Capricorn Merger Plans, $200M Cashflow Guidance

Sep 14, 2022

Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy CNE.L, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.Capricorn's board supports the merger…

Russia Stops Gas Flows via Nord Stream 1 - German Entry Point Data

Aug 31, 2022

Russia halted gas supplies via a major pipeline to Europe on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region's richest countries.Flows fell…

Nord Stream Turbine Tension Puts Focus on Gas Pipeline Parts

Aug 25, 2022

Tension over giant turbines that Moscow blames for the reduction of flows via the Nord Stream 1 gas pipeline has put the focus on the equipment it needs to operate.The crucial part is a Siemens Energy turbine that is 12 meters long, weighs 20 tonnes…

Harbour Energy Ups Buybacks to $300M after Free Cash Flow Jump

Aug 25, 2022

Harbour Energy, the UK North Sea's biggest oil and gas producer, increased a share buyback program by 50% to $300 million on Thursday as it reported first-half free cash flow of $1.4 billion.Harbour, which is set to produce just over 200,000…

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