Offshore Engineer Industry News News - page 5

Borssele III & IV: Giant Dutch Offshore Wind Farm Fully Commissioned

Feb 18, 2021

Borssele III & IV, one of the largest offshore wind farms in the Dutch sector of the North Sea, has reached full commissioning, Van Oord a partner in the Blauwwind consortium behind the 731.5 MW wind farm's development, said Thursday.Blauwwind is a consortium between Shell…

Chrysaor Spuds Its First Well Offshore Norway as Operator

Feb 18, 2021

Oil and gas company Chrysaor has spudded the Jerv exploration well in the North Sea, offshore Norway, OKEA, a partner in the production license PL973 where the well is located, said Thursday.Chrysaor started drilling at the well formally known as well 15/12-25 on Thursday…

Backed by UKEF, UK Firms Win Taiwan Offshore Wind Deals

Feb 18, 2021

UK's export credit agency UKEF said Thursday it was providing a £200 million buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, 'unlocking the export potential of the UK’s offshore wind sector.''To help the UK build back greener from the pandemic…

Repsol Posts to Second Straight Annual Loss but Q4 Income Cheers

Feb 18, 2021

Spanish energy group Repsol posted on Thursday forecast-beating fourth-quarter adjusted income, pushing its shares up even though write-downs on the value of oil and gas assets dragged it to a second consecutive annual net loss. Curbs on mobility…

Offshore Wind Seen as Lucrative Side Gig Option for US Fishermen, Mariners

Feb 18, 2021

The growing U.S. offshore wind industry will offer 'a substantial number of opportunities' for the local fishermen and mariners to supplement their income, a study commissioned by the New York State Economic Research and Development Authority (NYSERDA)…

Siemens Gamesa to Take Care of Gemini Offshore Wind Farm until 2036

Feb 18, 2021

Wind turbine maker Siemens Gamesa has secured an extension of the operations and maintenance services agreement at the 600-MW Gemini offshore wind farm in the Dutch North Sea until 2036.The company said in a social media post that the original…

Woodside Eyes Pluto Plant Stake Sale ahead of $11B Scarborough Field Sanction

Feb 18, 2021

Woodside Energy expects strong buyer interest in the sale of a share of a new production unit at its Pluto LNG plant, top executives said on Thursday, a precondition for a planned $11 billion expansion at its Scarborough gas and Pluto project…

Egypt Launches Oil and Gas Bid Round for 24 blocks

Feb 18, 2021

Egypt announced on Thursday the start of a bid round for exploration and exploitation of oil and natural gas in 24 blocks.The round, which concludes on Aug. 1, includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez…

Engie, Equinor in Low-carbon Hydrogen Push

Feb 18, 2021

French energy firm Engie, and Norway-based Equinor said Thursday they were teaming up in development in 'low-carbon hydrogen activities.' The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore…

DEME to Install Hollandse Kust Offshore Substations

Feb 18, 2021

DEME Offshore has won a contract to transport and install the jackets and topsides for two substations for the Hollandse Kust offshore wind farms, in the Dutch sector of the North Sea.The company will also supply and install scour protection for both substations…

Aibel, Hitachi ABB Power Grids Win Dogger Bank Phase 3 Deal

Feb 17, 2021

Aibel and Hitachi ABB Power Grids have secured contracts to deliver the offshore platform and associated transmission link for the third phase of the world’s largest offshore wind farm, the Dogger Bank in the UK.The Dogger Bank wind farm(s)…

Strohm to Deliver TCP Jumper for Allseas' Deepsea Mining System

Feb 17, 2021

Offshore installation and construction company Allseas which is working to get into the subsea mining business, has awarded a contract to Strohm to deliver a composite jumper for its in deepsea mining technology.Last year, Allseas announced…

In a First, BP Offers Employees Shares in Rallying Cry for Low-carbon Shift

Feb 17, 2021

Oil major BP is launching its first share award scheme to rally its more than 60,000 employees around CEO Bernard Looney’s plan to shift to renewable energy following a bruising year of mass layoffs, bonus suspensions, and spending cuts.The distribution of the shares…

Norway: Oil Firms Increase 2021 Spending Plans. Decline Expected in 2022

Feb 17, 2021

Oil and gas firms in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022, a national statistics office (SSB) survey showed on Wednesday.The biggest sector in Norway now expects to invest 173…

Energy Charter Treaty Talks: EU to Seek Fossil Fuel Phase-out

Feb 16, 2021

The European Union's executive will push for a 10-year phase-out of the protection for fossil fuels under an international energy treaty, following calls from some countries to quit the accord unless it can be aligned with Europe's climate goals…

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