Energy News

 

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…

IKM Subsea Confirms Buzios ROV Services Deal with Petrobras

Dec 16, 2021

Oslo-based subsea well intervention and installation services company AKOFS Offshore last week scored a three-year deal with Brazil's Petrobras for its vessel Skandi Santos.Under the contract, the Skandi Santos will perform a broad scope of subsea services in Brazil…

Japanese Oil Firm Buys into Dutch Offshore Wind Farms

Dec 16, 2021

Japanese oil and gas company Inpex has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. a Dutch-registered subsidiary of Mitsubishi Corporation and acquire a 50% stake in the Luchterduinen offshore wind farm and…

Talos Energy Names Director to Lead Low Carbon Business

Dec 16, 2021

U.S. oil company Talos Energy has appointed Robin Fielder as the Company's first Executive Vice President Low Carbon Strategy and Chief Sustainability Officer. Under the newly created executive leadership role,  Fielder will serve as the lead…

Seacat Catamaran Nets O&M Charter at Moray East Offshore Wind Farm

Dec 16, 2021

UK-based crew transfer vessel operator Seacat Services said Thursday it had signed a long-term charter for catamaran Seacat Weatherly with Moray Offshore Windfarm (East) Limited.Seacat Weatherly has already started its assignments earlier this…

Kongsberg Maritime Upgrades Alvheim FPSO's Safety and Automation Systems

Dec 16, 2021

Kongsberg Maritime said Thursday it had successfully upgraded the safety and automation systems on Aker BP's Alvheim FPSO in Norway.Formerly a tanker named Odin, the vessel was converted into an FPSO in 2008 and renamed Alvheim in recognition of the oil field in which it operates…

PetroNor CEO Arrested. Interim CEO Named

Dec 16, 2021

Knut Søvold, CEO of the Oslo--listed oil and gas company PetroNor E&P, has been arrested as part of a criminal investigation in Norway.This was shared by PetroNor E&P on Thursday, a day after the company said that the National Authority for…

Competition Regulator OKs Woodside's Merger with BHP's Oil & Gas Business

Dec 16, 2021

Australia's competition regulator approved Woodside Petroleum's agreed $28 billion merger with BHP Group's petroleum arm on Thursday, saying it would not reduce competition in the domestic gas market.The Australian Competition and Consumer Commission…

Petrofac Expects Drop in Annual Revenue on COVID-19 Woes, Weak Orders

Dec 16, 2021

British oil services firm Petrofac Ltd said on Thursday it expects its revenue for the financial year to be down by about a quarter, as low order intake and the coronavirus pandemic continued to dent its operations.The company forecasts its annual revenue to come in at about $3 billion…

Offshore Wind to Require Ocean Space the Size of Italy by 2050

Dec 16, 2021

By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to DNV’s Ocean’s Future to 2050 report.'The exponential…

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