Offshore Regions News


HST Marine Orders Three Battery-powered Fast Crew Suppliers from Damen

13 hours ago

Offshore energy industry services provider High Speed Transfers (HST) Marine has ordered three Fast Crew Suppliers 2710s from Damen Shipyards for an undisclosed fee.Damen Shipyards said that the vessels would be fitted with 190kW battery arrays…

Norway: Vår Energi Books Floatel Rig for Balder FPU Work

15 hours ago

Vår Energi, a Norwegian oil and gas company, has awarded Floatel International a contract for its Floatel Superior offshore accommodation rig.The rig will support Vår Energi's lifetime extension program for the North Sea production vessel Balder FPU in 2023…

Germany Plans to Buy Majority Stake in Unit of Dutch Grid Operator TenneT - sources

15 hours ago

The German government wants to buy either a majority stake or all of the German subsidiary of Dutch power grid operator TenneT as part of Berlin's planned transition towards sustainable energy use, two German government sources told Reuters…

Greek FSRU Projects in the Pipeline

16 hours ago

As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports. Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…

Germany and Norway Want NATO to Protect Subsea Infrastructure after Nord Stream Attacks

16 hours ago

The leaders of Germany and Norway said on Wednesday they would jointly ask NATO to coordinate the protection of Europe's subsea infrastructure in light of the suspected attacks on the Nord Stream gas pipeline network.European countries have…

Keel Laying Ceremony Held for Two Shanghai Electric SOVs

Nov 30, 2022

A keel-laying ceremony was held for two Ulstein-designed offshore wind service operation vessels (SOV) on Wednesday at the ZPMC yard.Shanghai Electric, a Chinese wind turbine manufacturer, ordered the two vessels of the Ulstein SX195 and SX197 designs…

Capricorn AGM Could Aid Alternative to NewMed Deal, says Palliser

Nov 30, 2022

Capricorn Energy's move to ask shareholders for permission to bolster its options for payouts could pave the way for an alternative to its planned merger with NewMed, top-three Capricorn shareholder Palliser told Reuters. Palliser is one of…

Malaysia's Petronas Posts Q3 Profit, Warns of Continuing Market Volatility

Nov 30, 2022

Malaysia's state energy firm Petroliam Nasional Berhad, or Petronas, on Wednesday posted a near doubling of its third quarter profit and warned of continuing volatility in oil and gas prices. The company reported a profit of 30.8 billion ringgit in the July-September period…

New JV Eyes Floating Wind Projects in Sweden, Finland

Nov 30, 2022

Offshore wind developers Eolus and Simply Blue Group have created a joint venture, SeaSapphire, under which they plan to develop floating offshore wind farms in the Baltic Sea. SeaSapphire is starting the early development of four commercial…

Reuters: Eni in Talks to Buy Neptune Energy for $5-6B

Nov 30, 2022

Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy for around $5 billion -$6 billion, a source with knowledge of the matter said on Wednesday, adding that no official bid had been submitted.Neptune produces around 130…

Offshore Wind: BAR Targets U.S. Crew Transfer Vessel Deployment for 2024

Nov 30, 2022

Marine engineering consultancy, BAR Technologies (BAR), said Wednesday that its low-emission crew transfer vessel (CTV) design, the BARTech 30, will be available for the first U.S. offshore wind projects in 2024, following quotes at several U…

BP Wins Two Offshore Exploration Blocks in Egypt

Nov 30, 2022

The Egyptian Natural Gas Holding Company has awarded BP stakes in two exploration blocks in the Mediterranean Sea, off the coast of Egypt. The Northwest Abu Qir Offshore Area - in which BP, as the operator, holds 82.75% and Wintershall-Dea holds 17…

Germany to Get New Qatari LNG flows Through QatarEnergy, ConocoPhillips Deal

Nov 30, 2022

Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period. Since Russia's invasion of Ukraine in February…

Norway Delays 26th Oil Licensing Round

Nov 29, 2022

Norway will not issue licenses for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, its oil and energy minister told Reuters on Tuesday.The decision to postpone the…

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