Energy News

 

VIDEO: DemoSATH Floater Manufacturing Accelerating in Spain

Dec 17, 2021

Manufacturing works on DemoSATH, Saitec Offshore’s & RWE Renewables concrete floating wind platform project, are accelerating in the Spanish Port of Bilbao, with the latest milestone being the handling operation of the prototype, Saitec Offshore said Friday…

Woodside Taps Schlumberger, Subsea 7 for Scarborough Pipelines, Production Systems

Dec 17, 2021

Subsea Integration Alliance, a partnership between Schlumberger and Subsea 7, has secured a contract with Australia's Woodside for the delivery of subsea pipelines and production systems for the Scarborough gas project offshore Australia.The multi-billion-dollar Scarborough gas field development…

Russia's Lukoil Expects OPEC+ Oil Output Rollover in January

Dec 17, 2021

Leonid Fedun, a vice president of Russian oil major Lukoil, said on Friday he expected OPEC+ to stick to its decision to raise oil production by 400,000 barrels per day (bpd) each month at its meeting in January.OPEC and allies including Russia…

Norway Grants $111M to Clean Hydrogen, Ammonia Projects

Dec 17, 2021

Norway on Friday granted 1 billion Norwegian crowns ($111 million) in support for three projects to produce emissions-free hydrogen and ammonia, aiding a transition to a low-carbon economy, the government said.The funding will be allocated to projects led by Yara…

Dogger Bank Wind Farm: Tekmar Energy Bags Its Largest Ever CPS Contract

Dec 17, 2021

DEME Offshore has awarded Tekmar Energy a contract to supply Cable Protection Systems (CPS) for the Dogger Bank Wind Farm in the UK. in what is Tekmar Energy’s largest CPS supply contract to date.Dogger Bank is a 3.6GW offshore wind farm located 130km off the North East coast of England…

Oceaneering, BP Remotely Pilot ROV in UK from Shore in Norway

Dec 17, 2021

Subsea services company Oceaneering has said it has successfully completed the first onshore remote piloting of a remotely operated vehicle (ROV) in the UK sector for BP. The operations were conducted from Oceaneering’s Onshore Remote Operations Center (OROC) in Stavanger…

Santos Completes Acquisition of Oil Search

Dec 17, 2021

Australian oil and gas company Santos has informed that the merger of Santos and Oil Search has been implemented.Santos has acquired 100 percent of the issued capital in Oil Search from Oil Search shareholders.  Oil Search shareholders have been issued 0…

Aker Solutions, AF Gruppen Scrap Plan to Merge Offshore Decommissioning Businesses

Dec 17, 2021

Norway's engineering and construction groups Aker Solutions and AF Gruppen have abandoned plans to merge the two firms' existing offshore decommissioning operations.The two companies had signed a letter of intent in July to merge the offshore…

Report: Exxon Prepares to Bid for Deepwater Oil Blocks in Brazil

Dec 17, 2021

Exxon Mobil Corp is prepared to bid on Friday for new blocks in Brazil's deepwater oil fields, a focus area for its oil and gas production growth, people familiar with the matter said.Any bid would mark its first big investment since it decided to resume spending after a historic…

New York Bight Offshore Wind Leasing: No Significant Impact on Environment, BOEM Says

Dec 16, 2021

The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of potential impacts from offshore wind energy leasing activities in the New York Bight, a portion of the Atlantic Ocean located offshore New York and New Jersey…

Maersk Drilling Upgrades 2021 Guidance on Solid Rig Performance, Contract Extensions

Dec 16, 2021

Danish offshore drilling firm Maersk Drilling has upgraded its financial guidance for 2021 on the back of solid rig performance and contract extensions.'During the first two months of Q4 2021, Maersk Drilling has delivered strong performance…

Siemens Gamesa's Turbines for Vattenfall's Danish Offshore Wind Projects

Dec 16, 2021

Siemens Gamesa, a company specializing in wind turbine construction, has received the green light from Vattenfall to build offshore wind turbines for the 344 MW Vesterhav offshore wind projects. As planned, the 176 MW Vesterhav Nord project will utilize 21 SG 8…

Latin American Oil Auctions Kick Off after Two-year Lull

Dec 16, 2021

Latin America's oil frontiers are back in the spotlight with auctions coming up in Brazil, Guyana, and the Andean region that are expected to attract bids from major oil firms despite a global call to end fossil fuel development.Brazil is set…

Senegal's President Calls on Africa to Harmonize Oil Legislation

Dec 16, 2021

Africa needs harmonized oil legislation to avoid ruinous competition among its oil-producing nations as they vie for investors, Senegal's President Macky Sall told an oil conference on Thursday.Sall said that as some developed nations push for an end to investments in fossil fuels…

Greater Tortue Ahmeyim Offshore Gas Project Making Good Headway, Mauritania Oil Minister Says

Dec 16, 2021

Greater Tortue Ahmeyim, the Kosmos and BP-backed gas project straddling Mauritania and Senegal, has resumed activities and is making 'good headway,' Mauritania's oil minister told an oil conference in Senegal on Thursday.'We have resumed our activities…

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OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

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