Energy News

 

Saipem Shares Possible Cause of Crane Vessel Tilting Incident in Norway

Apr 14, 2022

Italian energy services company Saipem, whose Saipem 7000 crane vessel with 275 people aboard tilted in a fjord in Norway on Thursday morning, released a statement on Thursday evening, confirming the incident had occurred, and sharing preliminary info on the likely cause…

ExxonMobil Working to Store CO2 in Depleted Offshore Fields in Australia's Gippsland Basin

Apr 14, 2022

U.S. oil major said ExxonMobil said Thursday today was undertaking early front-end engineering design studies (pre-FEED) to determine the potential for carbon capture and storage to reduce greenhouse gas emissions from multiple industries in the Gippsland Basin…

UK North Sea Regulator Urges Oil Firms to Collaborate Effectively on Transactions of Face Sanctions

Apr 14, 2022

ExxonMobil's sale to NEO of interests in 13 producing fields – including the Elgin Franklin fields, operated by TotalEnergies, took longer than expected to complete, prompting an investigation by the regulator in the UK - Image for illustration…

'Lifting Incident' - Saipem's Giant Crane Vessel Tilts in Norway with 275 People Aboard

Apr 14, 2022

Saipem 7000 - File Photo - Credit:Saipem Saipem 7000, Saipem's giant semi-submersible crane vessel, tilted in a fjord in Norway with 275 people aboard, the Norwegian news website vg.no has reported.According to the website, which cited eyewitness accounts…

Petronas Starts Production From BTJTB-T2 Well Offshore Indonesia

Apr 14, 2022

Image for illustration only ©GoodVibes - Photo/AdobeStockMalaysian oil and gas company Petronas has achieved its first hydrocarbon from the Bukit Tua Phase-2B’s BTJTB-T2 well located within the Ketapang Block, offshore East Java, Indonesia.  The BTJTB-T2 well was spudded on September 30…

SNC-Lavalin to Assist with Shore-power Connection for ADNOC's Offshore Platforms

Apr 14, 2022

File Photo: ADNOCSNC-Lavalin has won a four-year advisory and engineering services contract from Abu Dhabi National Oil Company (ADNOC) to support its offshore operations power project. A high-voltage, direct current (HVDC-VSC) subsea transmission…

Reuters: Oil Traders to Reduce Russian Oil Purchases from May 15

Apr 14, 2022

For illustration - Gazprom Neft's Prirazlomnaya platform -Credit:Wp.klecha/Wikimedia CommonsMajor global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 15, sources said…

Petrobras Shareholders Elect CEO-in-waiting to Board after Weeks of Turmoil

Apr 14, 2022

©Agência Petrobras - Flávio EmanuelShareholders in Brazil's Petrobras have elected José Mauro Coelho to the firm's board, according to a source with direct knowledge of the matter, paving the way for the government technocrat to take the helm of the state-run oil company…

Using Storage Tanks from Older LNG Carriers Could Boost FLNG Production

Apr 14, 2022

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted its approval in principle (AIP) for an innovative concept for a floating LNG (FLNG) vessel utilizing storage tanks from older LNG carriers. The design…

Brazil Auctions 59 Oil Blocks; Shell, TotalEnergies, 3R Among Winners

Apr 13, 2022

Brazil on Wednesday granted 59 exploratory blocks of oil and natural gas to 13 companies, including Shell, TotalEnergies and 3R Petroleum.The auction totaled 422.4 million reais ($90.10 million) in signature bonus, registering a premium of 854…

First Turbine Installed at France's First Offshore Wind Farm

Apr 13, 2022

The very first wind turbine for the Saint-Nazaire offshore wind farm was installed on 12-13 April.©Parc éolien en mer de Saint-Nazaire - Production CAPA CorporateThe first wind turbine has been installed at the St. Nazaire offshore wind farm in France…

IOG Restores Blythe Field Output after Mechanical Fault on Platform Fixed. Southwark Drilling Start Imminent

Apr 13, 2022

UK North Sea-focused oil and gas company IOG said Wednesday it had temporarily remedied an issue with its Blythe platform topsides in the Southern North Sea.The company had started gas production from the Blythe field mid-March, however it on…

Keppel Terminates Clearwater, Fecon Rig Orders. Plans to Retain Payments

Apr 13, 2022

Singapore's Keppel Corporation said Wednesday said it was terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively.Keppel…

Sweden's Maha Energy Eyes Petrobras' Stake in Tartaruga Field Offshore Brazil

Apr 13, 2022

Stockholm-based Maha Energy AB remains interested in purchasing Petrobras' stake in the Tartaruga oil field in northeastern Brazil after the company's first attempt at buying the asset was unsuccessful, Victoria Berg, the company's investor relations officer…

NextGeo Taps PanGeo For Detailed Survey on Hollandse Kust West Beta Cable Routes

Apr 13, 2022

Marine geoscience and offshore construction support service provider NextGeo has selected PanGeo Subsea, a Kraken Robotics Company, to provide its Sub-Bottom Imager (SBI) technology to conduct a detailed survey in the Dutch North Sea along the…

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