Energy News

 

Saudi Arabia: IMI, Zamil in Offshore Support Vessel JV

Nov 08, 2021

International Maritime Industries (IMI), which describes itself as the largest maritime yard in the MENA region, has signed a Joint Venture Agreement with Zamil Offshore to deliver Offshore Support Vessel (OSV) building and maintenance, repair…

BW Offshore's FPSO to Stay in Nigeria for One More Year

Nov 08, 2021

Norwegian floating oil and gas production systems owner BW Offshore has secured a one-year contract extension in Nigeria for one of its FPSOs.The contract, with Addax Petroleum Exploration (Nigeria) Ltd, is for the lease and operation of the FPSO Sendje Berge…

North Field Expansion: QatarEnergy Orders Six LNG Carriers from S. Korean Shipyards

Nov 08, 2021

Qatar's state-run energy firm QatarEnergy, until recently known as Qatar Petroleum, has ordered six LNG tankers, four from Daewoo Shipbuilding & Marine Engineering (DSME) and two from Samsung Heavy Industries (SHI) in support of its North Field expansion project…

Briggs Marine Acquires Majority Stake in ARB Wind

Nov 08, 2021

UK-based offshore services firm Briggs Marine has acquired a majority stake in ARB Wind, a Fife-based, wind industry inspection, testing, and certification company.'ARB Wind has a reputation for providing a high-quality service to wind energy…

Norway: ConocoPhillips Files Plan for Tommeliten A Offshore Field Development

Nov 08, 2021

ConocoPhillips presented on Monday plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns ($1.46 billion), the U.S. oil firm said.Located in the southern sector of Norway's North Sea…

Bladt, Semco to Deliver Three 880MW Offshore Substations for CVOW Project

Nov 08, 2021

Danish offshore energy industry services firms Bladt Industries and Semco Maritime have been awarded a contract to deliver substations for Dominion Energy's Coastal Virginia Offshore Wind project in the U.S.The contract comprises three 880 MW offshore substations…

Siemens Gamesa to Return to Profit in 2022 after Narrowing Annual Loss

Nov 08, 2021

Wind turbine maker Siemens Gamesa said on Friday it expects to return to profitability in 2022 after blaming its second annual operating loss in a row on higher raw materials and logistics costs, and cost overruns linked to a new model.High…

Uniper CFO: Nord Stream 2 Completion Not Cure-all for Gas Market Woes

Nov 08, 2021

The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there were other factors at play, the chief finance officer of utility Uniper said…

Further Disruption Expected at Indonesia's Merakes Offshore Gas Field

Nov 08, 2021

A disruption at a gas well in Indonesia's Merakes gas field is likely to affect gas production for longer than expected, an official at the country's oil and gas regulator said on Monday.The issue, caused by a sand blockage, had been expected to be dealt with early this month November…

Brazil: PetroRio in Talks for Petrobras' Albacora Offshore Fields

Nov 08, 2021

Brazilian state-run oil company Petrobras has selected a consortium led by PetroRio SA for bilateral talks over the sale of its Albacora and Albacora Leste offshore oil fields, both companies said on Friday.The value of PetroRio's bids was not immediately clear…

Coral Sul FLNG Project on Track, Eni Says

Nov 05, 2021

Claudio Descalzi, CEO of the Italian oil and gas giant Eni on Friday met with Filipe Nyusi, President of Mozambique, where Eni is working to develop giant offshore gas reserves using a floating LNG unit.Descalzi updated President Nyusi on the Eni-led Coral South Project…

Shell Restarts Production from Hurricane-hit Platforms in Gulf of Mexico

Nov 05, 2021

Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida.The oil major was the hardest-hit producer from Ida…

Dominion Energy Files Plans for 2.6GW CVOW Project to Virginia Authorities

Nov 05, 2021

U.S. company Dominion Energy expects to file plans later on Friday with the Virginia State Corporation Commission for approval to construct the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) commercial project, which will generate enough clean energy to power up to 660…

Woodside Downgrades Offshore Gas Reserves Estimates Again

Nov 05, 2021

Woodside Petroleum slashed its gas reserves estimate for two fields at the Wheatstone project on Thursday, in an unexpected downgrade that knocked the top Australian oil and gas company's shares.The company also said it was on track to sell…

Havila Shipping Sells 'Havila Crusader'

Nov 05, 2021

Norwegian offshore vessel owner Havila Shipping has sold the platform supply vessel Havila Crusader.Havila Shipping said Friday it had sold the platform supplier to a foreign owner, 'who will use the vessel outside the offshore industry. 'The…

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