Energy News

 

Aker BP's Oil and Gas Production Rises in First Quarter

Apr 13, 2022

Norwegian oil company Aker BP produced 208,200 barrels of oil equivalents per day (boepd) in the first quarter, up from 207,000 boepd in the previous three months, the company said on Wednesday.However, output remains below the company's guidance of 210…

MTC, Partners Win Bid to Supply FPSO for Medco's Project Offshore Indonesia

Apr 13, 2022

Malaysian engineering company MTC has said it has, as part of a consortium, secured the bid to deliver an FPSO for Medco Energi's Forel field in South Natuna Block B, offshore Indonesia. A consortium consisting of MTC Engineering, PT Hanochem Tiaka Samudera…

Maersk Drilling, Noble Corp. May Need to Sell Several North Sea Rigs to Get Merger Clearance in UK

Apr 13, 2022

Offshore drilling firms Maersk Drilling and Noble Corporation, which are working to merge their businesses, might need to sell certain offshore rigs in the North Sea to obtain antitrust clearance from the UK Competition and Markets Authority…

Tyra II Project Almost Complete as Seven Platforms Successfully Installed Offshore Denmark

Apr 13, 2022

Dutch offshore installation company Heerema Marine Contractors has completed the lifting and installation of the three Tyra West wellhead and riser platforms, the utility- and living quarters, and two bridges at TotalEnergies' Tyra redevelopment project in the Danish North Sea…

Report: Iberdrola Seeks to Sell Minority Stakes in German Offshore Wind Farms

Apr 13, 2022

Spanish power utility Iberdrola is seeking buyers for minority stakes in its three offshore wind projects in the German Baltic Sea, two sources with knowledge of the matter said.Iberdrola earns most of its income from renewable energy and power…

Moreld Ross Offshore Charters Maersk Minder AHTS

Apr 12, 2022

Danish offshore vessel operator Maersk Supply Service has won a call-off contract with Moreld Ross Offshore in Norway for the use of the Maersk Minder AHTS.'Already one of the newest, most fuel-efficient, and eco-friendly vessels in our fleet…

Deepwater: First Oil Starts Flowing from King’s Quay Floating Production System, Murphy Oil Says

Apr 12, 2022

U.S. oil firm Murphy Oil Corporation has started oil production from the Khaleesi, Mormont, and Samurai field development project in the deepwater section of the U.S. Gulf of Mexico.Production has started flowing this month from the Murphy-operated King’s Quay floating production system…

OPEC Tells EU It Can't Replace Russian Oil Supply Loss

Apr 12, 2022

OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signaled it would not pump more.European Union officials…

EnerMech Lands 5-year Ichthys LNG Inspection and Maintenance Deal with INPEX

Apr 12, 2022

UK-based company EnerMech has won a five-year contract in Australia with Japanese oil and gas company INPEX  for the provision of inspection and maintenance services at Ichthys gas project.Under the contract, of an undisclosed value, EnerMech…

Hunting Wins Work at Exxon's Yellowtail Project Offshore Guyana

Apr 12, 2022

Oilfield services group Hunting has won a contract to provide titanium stress joints for ExxonMobil's Yellowtail oilfield development project in the Stabroek Block offshore Guyana.Hunting said its Direct Pull-Through installation methodology…

TotalEnergies, KGHM Team Up to Build Offshore Wind Farms in Poland

Apr 12, 2022

French TotalEnergies and Polish KGHM have partnered up to take part in a tender for the development of offshore wind projects in Poland.The Polish government has launched a new auction scheme covering 11 areas in the  Polish Baltic Sea, representing an expected total capacity of over 10 GW…

Japan Tops Up LNG Reserves as Possible Russian Gas Cutoff Looms

Apr 12, 2022

Japan's government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths in Ukraine push Tokyo to halt Russian fuel imports…

Argos Gets Offshore License Extension in Falkand Islands

Apr 11, 2022

Falkland Islands-focused oil and gas exploration company Argos Resources said Monday that the Falkland Islands government has extended the second term of the company's PL001 offshore license.The license, which would have expired on May 2, 2022…

SSE, Marubeni, CIP Press Forward with Scotwind Project as Option Agreement Signed

Apr 11, 2022

SSE Renewables has, with its Scotwind lease sale partners Marubeni Corporation and Copenhagen Infrastructure Partners, signed the Option Agreement with Crown Estate Scotland.The Option Agreement signing follows the partnership's successful bid…

Swedish Floating Wind Tech Firm Sets Up Greek JV

Apr 11, 2022

Hexicon, a Swedish twin floating wind turbine technology company, has set up a joint venture in Greece with the local company EAMAA.'This is a first step to start the development of floating offshore wind projects off the coast of Greece. A…

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