Dong News

 

Yinson, PTSC Sign Long Term FPSO Charter Deal

Mar 17, 2020

Malaysian FPSO leasing company Yinson has signed a longer-term charter deal for the provision of the FPSO PTSC Lam Son to Vietnam's PTSC AP.After several short-term extensions, Yinson's Vietnam JV PTSC AP has signed a charter deal for the FPSO…

Ørsted to Brief Atlantic City Residents on NJ's First OWF

Jan 24, 2020

Danish offshore wind farm company Ørsted is set to host an open house in the first week of February to update Atlantic City residents on the progress of Ocean Wind, New Jersey's first offshore wind project.Ørsted was in June 2019 selected as…

Yinson: 8th Extension for Lam Son FPSO

Jan 16, 2020

Malaysian FPSO leasing specialist Yinson has signed another short-term charter extension for the Lam Son FPSO offshore Vietnam.Yinson's Vietnam JV PTSC AP on Wednesday, January 15, entered into an eighth FPSO contract extension for the FPSO with PTSC…

Xodus Hires Bell as Decom Manager

Mar 04, 2019

International energy consultancy Xodus Group said it has expanded its decommissioning offering with the appointment of its first well decommissioning manager. Gavin Bell will be responsible for developing and delivering Xodus’ new well decommissioning…

Offshore Wind Energy Market to Grow 20%

Feb 05, 2019

Global offshore wind energy market was valued at $2,727 thousand in 2019, and is expected to reach $11,334 thousand by 2025, registering a CAGR of +20% from 2019 to 2025, said a study.The global offshore wind energy market has been set blazing…

Siccar to drill Lyon prospect in 2018

Dec 04, 2017

UK explorer Siccar Point Energy E&P has signed up a rig to drill a well on the Lyon prospect, west of Shetland.  Lyon is due to be drilled in 2018, using North Atlantic Drilling's West Hercules semisubmersible, immediately following drilling a Cambo appraisal well…

Lyon prospect could create new West of Shetland gas hub

Nov 21, 2017

Chemicals and oil products group Ineos' subsidiary Ineos UK SNS has agreed to acquire a majority stake in two West of Shetland exploration licenses from Siccar Point Energy. The area, called the Northern Gas Fields, contains the estimated 1-3 Tcf recoverable Lyon prospect…

Shareholders vote yes on DONG name change

Oct 30, 2017

DONG Energy A/S shareholders approved at an extraordinary general meeting today (30 October) the company changing its name to Ørsted A/S. The company is changing its name to match its strategic transformation from black to green energy following its divestment of its oil and gas production…

DONG Energy to become Ørsted

Oct 02, 2017

DONG Energy (Danish Oil and Natural Gas) has proposed to change its company name to Ørsted, following its strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production. Turbine…

Updated: DONG, Ineos complete divestment deal

Sep 28, 2017

DONG Energy completed the divestment of its upstream oil and gas business, DONG E&P to Ineos, creating Ineos DeNoS. Image from Ineos. Ineos DeNoS will form part of Ineos Oil & Gas…

DONG's Hornsea Two cost cut in half

Sep 12, 2017

DONG Energy will build its Hornsea Project Two wind farm at the lowest-ever price for offshore wind in the UK, cutting its original price by half, in what the company is calling a 'breakthough moment.' Map of Hornsea 2…

Norway's APA 2017 gets record interest

Sep 06, 2017

The Norwegian Ministry of Petroleum and Energy received a record response for the Awards in Predefined Areas (APA) 2017 round, with a total of 39 companies submitting applications for new acreage on the Norwegian Continental Shelf (NCS). Map…

Jan De Nul completes Race Bank installation

Sep 06, 2017

Jan De Nul Group has completed the installation and burial of the export cables for DONG Energy’s Race Bank Wind Farm in the UK.  Image from DONG. Jan De Nul successfully installed…

Archer bags Repsol Gyda P&A contract

Aug 09, 2017

Repsol Norge has awarded Archer Ltd. a four-year contract for plugging and abandonment (P&A) operations at the company’s Gyda platform in the Southern North Sea. Gyda. Image from Repsol. The scope of work includes P&A of the wells…

Settlement reached on Hejre

May 04, 2017

According to a 29 March 2016 announcement, DONG Energy and Bayerngas terminated the contract for the engineering, procurement and construction (EPC) of the Hejre platform with the supplier consortium. Subsequently, disputes around the termination of contract arose…

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