Offshore Energy News - page 222

 

Yunlin Offshore Wind Farm Project Suffers Delay as Monopile Lost During Installation

Jul 13, 2022

Yunneng Wind Power's Yunlin wind farm project off the west coast of Taiwan has suffered a setback after a monopile was reportedly lost during the recently restarted installation works.Citing sources close to the matter, a local offshore wind industry news website Unredacted…

No Changes Needed to Planned Capricorn Merger, Tullow Oil CEO Says

Jul 13, 2022

Tullow Oil Chief Executive Rahul Dhir said on Wednesday no tweaks to the planned all-share merger with Capricorn Energy were necessary, when asked about criticism about the deal as it stands from some Capricorn shareholders.Dhir said Tullow was talking to shareholders of both companies…

North Sea Transition Authority Names New CEO

Jul 13, 2022

UK-based North Sea Transition Authority (NSTA), a government body responsible for regulating and influencing the oil, gas, and carbon storage industries, appointed Stuart Payne as its new Chief Executive.Payne, who currently serves as NSTA Supply Chain…

First Gas Flows from DeNovo's Zandolie Field Offshore Trinidad & Tobago

Jul 13, 2022

First gas has started flowing from DeNovo Energy's Zandolie field offshore Trinidad & Tobago, developed using a wind- and solar-powered unmanned platform.Zandolie, which took $52 million to develop, is DeNovo's second offshore field development…

CRP Subsea to Deliver Cable Protection Systems for CFXD Offshore Wind Farm

Jul 13, 2022

Offshore wind installation services firm Seaway 7 has awarded CRP Subsea a contract to provide 140 NjordGuard cable protection systems and bellmouths for Changfang and Xidao (CFXD) offshore wind farms located off the west coast of Taiwan. The…

Oil Edges Up after Slide Below $100

Jul 13, 2022

Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a U.S. supply report showing rising inventories and caution ahead of U.S. inflation data.Despite a tight physical oil market…

ScottishPower Renewables Taps Cadeler for East Anglia Offshore Wind Work

Jul 13, 2022

Danish offshore wind installation contractor Cadeler has signed a vessel reservation deal with ScottishPower Renewables, a UK subsidiary of the Spanish renewable energy giant Iberdrola.The vessel reservation agreement is for the transport and installation of 95 wind turbine generators (WTGs)…

UK: SEE MONSTER Rig Arrives at Weston-super-Mare

Jul 13, 2022

A decommissioned North Sea offshore platform, soon to be turned into a giant art installation, arrived in Weston-super-Mare, England, on Tuesday, 12 July, BBC has reported.Last year, Weston-super-Mare, a seaside town in Somerset was selected as home to the installation…

Kongsberg Reels In $44M in Hugin AUV Orders in Q2

Jul 13, 2022

Norway-based Kongsberg Maritime’s Sensor and Robotics division said Wednesday it had secured over NOK 450M (~$44 million) in contracts for HUGIN autonomous underwater vehicles (AUV) in the second quarter of 2022. 'The order income consists of…

Tullow Expects Cashflow of $200M at Oil Price of $95/bbl

Jul 13, 2022

Africa-focused Tullow Oil said on Wednesday it expected to make $200 million in free cashflow this year at an average oil price of $95 a barrel, adding that it sees no cashflow in the first half after an arbitration payment and an acquisition…

Investments in Hydrogen, Platform Electrification, and CCS Could Create 26,000 New Jobs in UK by 2030

Jul 12, 2022

A trio of new low-carbon technologies could create 26,000 new UK energy jobs by 2030, according to Robert Gordon University research commissioned by Offshore Energies UK (OEUK).Many of the new jobs would be in coastal communities stretching around the UK…

Anna Nery FPSO Leaves China Shipyard Ahead of Journey to Brazil

Jul 12, 2022

The Anna Nery FPSO, bound for Petrobras' Marlim offshore field in Brazil, last Friday left the Cosco Qidong shipyard in China, marking the start of its journey to Brazil.The FPSO, to be provided to Petrobras by Malaysian FPSO provider Yinson…

Gas Leaks Shut Parts of Equinor's Sleipner Offshore Field

Jul 12, 2022

Gas leaks were reported at Equinor's Sleipner offshore field on Monday, leading to the shutdown of parts of the gas field located in the North Sea, offshore Norway.According to Equinor, on Monday morning, gas leaked in a contained area related…

Blofeld, Al Gihaz Eye Potential Offer, Loan for Cash-strapped Lamprell

Jul 12, 2022

Cash-strapped offshore construction company Lamprell said Tuesday it had received a combined non-binding indicative all cash offer from Blofeld and Al Gihaz for the acquisition of all remaining Lamprell shares. The Blofeld and Al Gihaz have a combined shareholding of 44…

Saipem Shares Drop After Cash Call Falls Short

Jul 12, 2022

Shares in Italy's Saipem fell as much as 40% on Tuesday after investors subscribed for only 70% of its 2 billion euro cash call, signaling limited confidence in the turnaround plan for the Italian energy services group.Saipem said on Monday it had raised around 1…

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