Energy News

 

APA 2021: Norway Offers Offshore Acreage to 28 Oil Firms

Jan 18, 2022

Norway has offered 28 companies ownership interests in a total of 53 offshore oil and gas production licences on the Norwegian Shelf in the Awards in Predefined Areas (APA) 2021.Awards in predefined areas (APA) is an annual exploration round in the most mature areas on the Norwegian shelf…

Transocean's Offshore Drilling Rig to Drill Carbon Injection Well in Norway

Jan 18, 2022

Offshore oil and gas drilling firm Transocean said Tuesday that one of its drilling rigs would later this year be used for a not-so-typical project for an offshore oil rig.Namely, the Norwegian oil firm Equinor plans to use the Transocean Enabler…

Fred. Olsen, Vattenfall to Build 798MW Floating Offshore Wind Farm in Scotland

Jan 18, 2022

Fred. Olsen Seawind and Vattenfall 50/50 partnership was successful as bidder in the Crown Estate Scotland’s ScotWind offshore wind leasing round.The partnership has been awarded the rights to develop a floating offshore wind farm site located 67km off the east coast…

Wintershall Dea Ends Operations in Brazil

Jan 18, 2022

German oil company Wintershall Dea said Monday it had decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required measures. 'This decision is the result of a very thorough…

Denmark’s Energy Islands: Fugro Wins Cable Route Survey Deal

Jan 18, 2022

Dutch offshore survey specialist Fugro has won a contract with Danish grid operator Energinet in relation to the Energy Island that will be built in the Danish North Sea to serve as an offshore power plant distributing up to 10 GW of offshore wind to Denmark and other neighboring markets…

Sonardyne Wins Hybrid Positioning System Orders in Offshore Energy and Science Sectors

Jan 18, 2022

Acoustic and inertial position reference systems from marine technology company Sonardyne have been chosen to underpin the critical station-keeping activities of multiple deepwater vessels operating in the energy and ocean research sectors.UK-based Sonardyne said Tuesday that…

Russia Urges Germany and EU Not to Delay Nord Stream 2

Jan 18, 2022

Russia on Monday urged Germany and the European Union not to drag its feet over certification of the Nord Stream 2 gas pipeline, which has become a focal point in political disputes between Moscow and the West.The pipeline to Germany would double…

NYK, Knutsen Form Liquefied CO2 Transportation and Storage JV

Jan 18, 2022

Japan's NYK and Norway's Knutsen Group have formed a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business using the Knutsen developed technology PCO2 which allows transport of liquified CO2 at ambient temperatures…

BP Taps PGS for CCS 3D Seismic Survey

Jan 18, 2022

Norwegian offshore seismic data acquisition firm PGS has secured a Carbon Capture and Storage (“CCS”) 3D seismic acquisition contract with BP in the UK.PGS will carry out the survey over the Endurance reservoir, located about 145 kilometers…

Equinor Extends 4D Permanent Reservoir Monitoring Contract with CGG

Jan 18, 2022

French seismic data specialist CGG has secured a three-year contract extension to keep operating a dedicated permanent reservoir monitoring (PRM) imaging center in Equinor’s Stavanger offices. Equinor’s asset teams analyze the 4D seismic images…

Thistle Wind Partners Win 2GW Worth of Offshore Wind Option Areas in Scotland

Jan 17, 2022

Thistle Wind Partners (TWP), a consortium of DEME Concessions (Wind) NV (42,5%), Qair Marine SAS (42,5%), and Aspiravi International NV (15%), had been awarded 2GW worth of option areas in Scotland’s highly competitive ScotWind seabed leasing process…

Norway: Inflation to Lead to Hefty Cost Increase in Offshore Oil and Gas Goods & Services

Jan 17, 2022

Norway, the world’s top market for subsea tie-back projects in coming years, is facing an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, a Rystad Energy report reveals…

Scottish Offshore Wind Sale Nets Nearly $1B with Shell, BP Among Winners

Jan 17, 2022

BP, Shell, and utility Iberdrola were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction that raised nearly 700 million pounds ($958 million) for public spending.Competition for offshore wind sites has…

Ørsted, Falck, BlueFloat Win Rights to Build Large Floating Wind Farms in Scotland

Jan 17, 2022

Ørsted, Falck Renewables, and BlueFloat Energy have won the seabed rights off the northeast coast of Scotland to an up to 1GW floating offshore wind site. This will be Ørsted’s first large-scale floating wind development project anywhere in the world…

ScotWind: SSE, Marubeni, CIP Win Rights to Construct 2.6GW Floating Wind Farm

Jan 17, 2022

As part of Crown Estate Scotland's ScotWind seabed leasing round, the SSE Renewables-Marubeni-CIP partnership has secured rights to 858 square kilometers of seabed that will support the development of a new giant floating offshore wind farm offshore Scotland…

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