Offshore Energy News - page 197


US Climate Envoy Kerry Cautions Against Long-term Gas Projects in Africa

Sep 16, 2022

U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with how to power their development with clean energy.'We are not saying no gas…

TotalEnergies' Gas Fields Could Generate $450M a year for S.Africa

Sep 16, 2022

TotalEnergies 11B/12B offshore gas field could make a direct annual contribution of at least 8 billion rand ($457 million) to South African government finances, the country's petroleum regulator said on Thursday.'That is not just the overall…

RWE, Latvenergo Team Up to Build Offshore Wind Farms in Latvia

Sep 16, 2022

Renewable energy firm RWE and Latvia state-owned electric utility company Latvenergo have partnered up to develop, construct and operate offshore wind projects off the Latvian coast. 'The equal partnership represents a strong combination of experience and expertise in offshore wind development…

Woodside Books Floatel's Accommodation Rig for Pluto Work

Sep 16, 2022

Floatel International, an offshore accommodation services provider, said Friday it had secured a contract with Woodside for the Floatel Triumph semi-submersible accommodation unit.The Floatel Triumph will provide support to Woodside's Pluto project in Western Australia…

Prysmian Bags Offshore Wind Cable Deals Worth More Than 800M Euros

Sep 16, 2022

Prysmian Group has won two contracts worth more than €800 million, including options, with Amprion Offshore – a subsidiary of German transmission system operator Amprion - for the design, supply, installation, and commissioning of land and submarine…

Kazakhstan's Kashagan Field to Resume Normal Oil Output in October 'At best'

Sep 16, 2022

Kazakhstan's vast Kashagan oilfield, where production sharply declined following an emergency gas release last month, will resume output at usual levels 'in October at best', Kazakh Energy Minister Bulat Akchulakov told Reuters on Friday.Production at Kashagan…

UK: 10-year Anniversary for Greater Gabbard Offshore Wind Farm

Sep 16, 2022

Greater Gabbard Offshore Wind Farm earlier this month celebrated its 10-year anniversary of generating electricity.All 140 turbines of the joint venture between SSE Renewables (50%) and RWE Renewables (50%) have been operational since September 2012 and in the last 10 years…

US Sets Target for Floating Offshore Wind Farms Expansion

Sep 15, 2022

The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The…

OW East Unveils Name for Planned New York Bight Offshore Wind Farm

Sep 15, 2022

Offshore wind developer Ocean Winds East (OW East) on Thursday announced the official name of its planned offshore wind power project in the New York Bight. The wind farm will be called Bluepoint Wind.The project, in the early stages of development…

FACTBOX-Who is Shell's New CEO Sawan?

Sep 15, 2022

Shell named Wael Sawan, head of its integrated gas and renewables division, on Thursday as the group's chief executive officer, replacing Ben van Beurden, with the energy major at the cusp of a transition to cleaner energy.Sawan, 48, currently oversees Shell's growth into low carbon energies…

Gas Prices Lift Norway's August Trade Surplus to Record

Sep 15, 2022

Norway's trade surplus rose to a record 197.7 billion Norwegian crowns ($19.54 billion) in August, boosted by soaring prices for its gas exports to Europe, national statistics agency data showed on Thursday.With a daily output of around 4 million barrels of oil equivalent…

The U.S. Oil Executive Making a Big Bet on Combating Climate Change

Sep 15, 2022

The chief executive of a small U.S. oil company has jumped to the forefront of the energy industry's greenhouse gas reduction efforts, recruiting high-profile firms to his vision of striking it big by selling access to carbon storage developments…

Key Milestone: Woodside Publishes EIS for Browse to North West Shelf (NWS) Project

Sep 15, 2022

Australian oil and gas company Woodside on Thursday published the final Environmental Impact Statement (EIS) for the proposed Browse toNorth West Shelf (NWS) Project in Australia, as directed by the Australian Department of Climate Change, Energy…

Biden Administration Reinstates Bids From 2021 Gulf of Mexico Oil Auction

Sep 14, 2022

The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Biden’s new climate change and drug pricing law.The…

Deal Signed for First Offshore Floating CCS Hub Project in Asia Pacific

Sep 14, 2022

deepC Store, Mitsui O.S.K. Lines, (MOL) and Technip Energies have entered into a Letter of Intent that should lead to the construction of a Floating Storage & Injection (“FSI”) Hub facility for dCS’s CStore1 carbon capture and storage project offshore Australia…

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