Latest News - page 556


North Africa Will be Italy's Key Gas Supplier for Years, Eni Top Exec Says

Sep 12, 2023

Algeria, Egypt, and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects…

Troll A Platform Maintenance Works Taking Longer than Planned, Equinor says

Sep 12, 2023

A planned maintenance outage at Norway's Troll field, Western Europe's largest, has been extended as scheduled work is taken longer than expected, operator Equinor said on Tuesday.'The reason for the extended maintenance period at Troll A is that modification projects have taken longer than planned…

UK's Climate Goals Unshaken Despite Offshore Wind Setback in Auction, Minister Says

Sep 12, 2023

The result of a recent subsidy auction for renewable energy projects does not threaten Britain's climate goals, its climate minister said on Tuesday, responding to criticism over a lack of demand for offshore wind development.Offshore wind developers stayed away from Friday's auction…

WINDEA Offshore and Subsea Europe Services in Offshore Wind Services Partnership

Sep 12, 2023

Offshore wind service provider WINDEA Offshore and marine data acquisition specialist Subsea Europe Service GmbH have recently entered a strategic sales partnership. With this agreement, the two partners intend to provide the European offshore…

FoWeLo System Tackles Floating Offshore Wind Farm Logistics Challenges

Sep 12, 2023

Strategic partners Roll Group & Hebetec Engineering AG announced their shared patented solution for offshore wind farm load-outs during the SPE Offshore exhibition in Aberdeen last week.The solution was developed to provide efficient and cost…

Russia's Sakhalin Energy Resumes Operations in Full After Maintenance

Sep 12, 2023

Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance, Interfax news agency reported on Tuesday, quoting Gazprom's Deputy CEO Vitaly Markelov.The company has said it planned maintenance in July without providing a timeframe…

Forum Energy Technologies Launches Tooling Rental Service for ROVs

Sep 12, 2023

ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.'With increasing ROV asset investment across hydrocarbon and offshore renewable energy…

ABS Joins Project to Develop 40K cbm LCO2 Carrier

Sep 12, 2023

Maritime classification society ABS has joined a pioneering joint industry project (JIP) to collaborate on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets Class and statutory requirements with Ecolog Services Ltd…

Seabird Exploration Secures New 2D Contract in Eastern Hemisphere

Sep 12, 2023

Norwegian marine seismic survey services firm Seabird Exploration has signed a Letter of Award for a 2D contract in the Eastern Hemisphere with a repeat client. The duration of the contract is expected to be around three months. Pending customary permitting and prefunding approvals…

Equinor Taps Three60 Energy for Plug and Abandonment Services at Statfjord Field

Sep 12, 2023

Offshore oilfield services firm Three60 Energy said Tuesday it had secured a plug and abandonment services contract from Equinor for work at Statfjord field, offshore Norway.Thomas Kibsgaard-Vatn, THREE60 Energy’s Discipline Owner P&A, commented…

FACTBOX-US Offshore Wind Projects Facing Inflation Headwinds

Sep 12, 2023

The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden's administration aims to have 30 gigawatt (GW) installed by 2030 to help decarbonize the power sector and revitalize domestic manufacturing.The federal…

RWE, TenneT Pen Deals for OranjeWind Offshore Wind Farm Grid Connection

Sep 12, 2023

Offshore wind farm developer RWE has signed agreements with grid operator TenneT for an offshore grid connection of OranjeWind, a wind farm to be built 53 kilometers off the Dutch coast. The Connection & Transmission Agreement (CTA) and Realisation…

Colombia Mulls Making Ecopetrol Mandatory Partner in Offshore Wind Farms

Sep 12, 2023

Colombia's government is considering revising rules to make majority state-run energy company Ecopetrol an obligatory partner in every offshore wind project, three people familiar with the matter told Reuters.The Ministry of Mines and Energy will…

Ithaca Energy to Take Full Control of Cambo, UK North Sea's Second Largest Undeveloped Oil and Gas Discovery

Sep 12, 2023

Ithaca Energy has agreed to acquire the remaining 30% stake in Cambo from Shell, taking Ithaca Energy’s stake in Cambo to 100%.To remind, Ithaca Energy said in May it had agreed to market Shell's 30% stake in the Cambo oil prospect in the UK North Sea…

Guyana Economy to Expand 38% in 2023 on 'Unparalleled' Oil Growth -IMF

Sep 12, 2023

Guyana's economy will boom again this year as it grows by an expected 38% thanks to 'unparalleled' oil sector expansion, according to a forecast from the International Monetary Fund (IMF) released on Monday.The latest 2023 estimate follows real…

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