Industry News


France Picks Ocean Winds for 250MW Floating Wind Farm in Mediterranean

Dec 27, 2024

Ocean Winds, a joint-venture formed by EDP Renewables and Engie, has secured a 250 MW floating offshore wind project in the sixth tender of the French Ministry of Industry and Energy.The project, called Eoliennes Flottantes d'Occitanie (EFLO)…

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

Dec 27, 2024

Vestas has received a 315 MW turbine supply order for the Oga Katagami Akita offshore wind project in Akita Prefecture in Japan.The project is being developed by Oga Katagami Akita Offshore Green Energy, a consortium consisting of JERA, Electric Power Development (J-POWER)…

EDF, Maple Power to Develop 250MW Floating Wind Farm in France

Dec 27, 2024

French Ministry of Industry and Energy has selected EDF Renouvelables and Maple Power to design, build and operate a 250 MW floating offshore wind farm in the Mediterranean.The project was selected following the sixth offshore wind tender by the French government…

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Dec 27, 2024

Shell has shut down one of its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, to facilitate investigation into a suspected leak in the system, Singapore's Maritime and Port Authority (MPA) and National Environment Agency (NEA) said…

ADNOC Drilling Welcomes Two New Rigs to Its Fleet

Dec 27, 2024

Al Jurf and Dana jack-up rigs (Credit: ADNOC Drilling)Abu Dhabi’s offshore drilling contractor ADNOC Drilling has boosted its offshore drilling rig feet with the arrival of two new high-specification jack-up rigs.The new jack-up rigs, Al Jurf and Dana…

NKT Secures Two High-Voltage Cable Projects for TenneT’s 2GW Program

Dec 27, 2024

The Dutch-German transmission system operator (TSO) TenneT has selected Danish subsea cable and services firm NKT to provide onshore and offshore high-voltage cable systems for two projects in Germany as part of its 2 GW grid infrastructure program…

First Russian Ice-Class LNG Carrier Hits Water

Dec 27, 2024

The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia's efforts to raise global LNG market share despite U.S. sanctions.The tanker, named Alexey Kosygin after a Soviet statesman…

Oil and Gas Reclaiming Center Stage as Climate Efforts Fall Behind

Dec 27, 2024

Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at times reversing - climate commitments in a shift that they are likely to stick with in 2025.The retrenchment by oil majors…

Oil Rises on China Stimulus Hopes, US Inventory Drop

Dec 26, 2024

Oil rose almost 1% on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, and supported by an industry report showing a decline in U.S. crude inventories.Chinese authorities…

Flare Gas Recovery Meets the Future

Dec 26, 2024

Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank’s 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems…

Pharos Energy Extends Licenses for Two Vietnamese Gas Fields

Dec 26, 2024

UK-based oil and gas explorer Pharos Energy said its two joint ventures in Vietnam have received local government approval to extend their licenses by five years to the early 2030s.The Te Giac Trang (TGT) field, operated by the Hoang Long Joint Operating Company…

Brazil Lifts Ban on Saipem's Business Units

Dec 26, 2024

Saipem SA and Saipem do Brasil have become fully operational with state-owned companies in the Brazilian market following the annulment of the prohibitory sanctions issued by the Federal Court of Brasilia.On December 20, 2024, the Federal District Court of Brasilia…

Petrobras Hires Ventura Offshore’s Drillship for Work Off Brazil

Dec 26, 2024

Offshore drilling firm Ventura Offshore has secured a contract with Petrobras for the deployment of the ultra-deepwater drillship DS Carolina to the Sepia and Atapu fields located in the Santos Basin, offshore Brazil.The contract value is approximately…

Russian Gas Exports to Europe Rise 20% in 2024

Dec 26, 2024

Total exports of Russian gas to European countries have so far been 18-20% higher this year than in 2023, Deputy Prime Minister Alexander Novak said on Wednesday.In January to November, supplies of pipeline gas and liquefied natural gas (LNG) exceeded 50 billion cubic metres…

TotalEnergies to Keep DeepSea Mira Rig in West Africa

Dec 26, 2024

TotalEnergies has exercised an option as part of the contract with Northern Ocean for its DeepSea Mira semi-submersible rig, extending its stay in West Africa for up to three months.The firm term of the contract has, as a result, been extended by approximately 65 to 93 days…

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