Industry News


Saudi Arabia Can Lift Oil Production within Weeks - Aramco CEO

Oct 17, 2023

Saudi Aramco is able to ramp up oil production within weeks as global consumption is set to rise to a fresh record by year-end, the CEO of the oil giant said on Tuesday.Speaking at the Energy Intelligence Forum in London, Aramco CEO Amin Nasser…

World's Deepest Fixed-Bottom Wind Farm Fully Operational

Oct 17, 2023

TotalEnergies and its partner SSE Renewables said Tuesday that their Seagreen offshore wind farm, Scotland's largest and the world’s deepest fixed-bottom wind farm, is now fully operational and running at its design capacity of 1,075 MW.Seagreen…

Output from Brazil's Petrobras Hits Nearly 4 Mln Barrels in Third Quarter

Oct 17, 2023

Brazilian state-run oil firm Petrobras said on Monday that its combined crude and natural gas output in the third quarter reached 3.98 million barrels of oil equivalent per day from the projects it operates. The output was almost 8% higher than production during the previous three quarters…

Marathon Oil Signs Deal with Glencore for Alba Gas in Equatorial Guinea

Oct 17, 2023

Marathon Oil said on Monday it has entered into a five-year liquefied natural gas (LNG) sales agreement with a unit of Glencore for a portion of its natural gas produced from the Alba Field in Equatorial Guinea, boosting its presence in the European LNG market…

Massachusetts Offshore Wind Farm Dodges Lawsuits over Environmental, Fishing Concerns

Oct 16, 2023

A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses…

Ocean Installer Wins Work at Equinor's Subsea Tie-Back Development in Norway

Oct 16, 2023

Equinor has awarded Ocean Installer an engineering, procurement, construction, and installation contract for the Eirin subsea tie-back development, offshore Norway.In mid-September, Equinor submitted a plan for development and operation (PDO)…

Israeli Energy Sites Impacted by the Gaza Conflict

Oct 16, 2023

Israel, which has become a major gas exporter in recent years, has shut down several major energy sites since Hamas militants attacked southern Israel on Oct. 7, sparking a wider conflict in the Gaza Strip.Following are the sites impacted by the conflict so far:THE TAMAR GAS FIELDIsrael on Oct…

Cameroon: FLNG Hilli Episeyo Transfers 100th Cargo

Oct 16, 2023

Golar LNG said Monday that its FLNG Hilli Episeyo (“Hilli”) offhshore Cameroon, had successfully offloaded its 100th LNG cargo on Saturday October 14th.'As the world’s first FLNG conversion that also introduced Cameroon as the world’s 20th LNG exporting nation in 2018…

DolWin epsilon HVDC Offshore Wind Converter En Route to Aibel's Yard for Final Outfitting

Oct 16, 2023

The DolWin epsilon HVDC offshore wind converter platform left Seatrium’s yard in Singapore on Sunday, October 15. The platform is now heading for Aibel in Haugesund for the final installation of electrical equipment and commissioning.The DolWin…

North Sea Gas Field Discovered in 1977 Starts Production 6 Months Ahead of Schedule

Oct 16, 2023

ConocoPhillips has started production from the Tommeliten A field, located in the Greater Ekofisk Area in the North Sea, offshore Norway.Natural gas from the new ConocoPhillips-operated field is being produced and delivered nearly six months earlier than planned…

Can Floating Wind Farms Exist in Harmony with Marine Life, Other Industries? RWE Launches Competition to Find Out

Oct 16, 2023

German energy firm RWE has launched its first global “Floating Wind Co-use Competition”, as it is looking for solutions to promote the co-existence of floating wind farms with other sea users and biodiversity enhancement. Sven Utermöhlen, CEO…

Seismologists Detected Blast-like Waves near Broken Baltic Sea Pipeline

Oct 16, 2023

Nordic and Baltic seismologists said that they had detected blast-like waves on Sunday when a Baltic Sea gas pipeline ruptured but that the data was not strong enough to determine whether explosives were involved.Authorities in Finland and Estonia…

Chevron Australia LNG Unions Stick to Strike Plan Even as Pay Talks Continue

Oct 16, 2023

Unions at Chevron's liquefied natural gas (LNG) facilities in Australia reaffirmed their plan to resume strikes this week as mediated talks continued on Monday, sparking angry comments from the company saying workers were being unreasonable…

Carbon Capture: Yinson Production and Azule Energy Partner for Green FPSO Solution

Oct 16, 2023

Malaysian FPSO leasing firm Yinson Production is piloting an offshore Carbon Capture and Storage (“CCS”) plant on FPSO Agogo in Angola, together with client Azule Energy, an Angolan BP-Eni joint venture.'The plant is the world’s first post-combustion carbon capture unit installed onboard an FPSO…

Lebanon's Offshore Exploration Hits a Snag: No Hydrocarbon Discovery in Block 9 - Reuters

Oct 13, 2023

No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told Reuters on Friday.Lebanon's energy minister and officials from the Lebanese Petroleum Administration declined to comment…

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