Energy News

 

Google to Buy Power from Ørsted's German Offshore Wind Project

Nov 30, 2021

Offshore wind developer Ørsted said Tuesday it had struck a 12-year corporate power purchase agreement (CPPA) with Google. Under the CPPA, Google will offtake 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea…

Green Group to Challenge Approval for Woodside's Pluto LNG project

Nov 30, 2021

Woodside Petroleum said on Tuesday an environmental body will challenge the government's decision to approve the expansion of its Pluto LNG train on concerns of environmental harm caused by greenhouse gas emissions.The Conservation Council of…

Scottish Firm Nova Innovation Gets Funding for Indonesian Tidal Turbine Array Study

Nov 30, 2021

Tidal energy developer Nova Innovation has secured funding that the company says could deliver the first-ever tidal turbine array in Indonesia.Nova’s FLITE (Feasibility of Larantuka and Indonesian Tidal Energy) project that will deliver a feasibility study for a 7MW tidal array in Larantuka Strait…

BP to Set Up Large-scale Green Hydrogen Project in UK

Nov 30, 2021

BP said on Monday it plans to set up a large-scale green hydrogen production plant in northeast England, generated with wind, water and solar energy to aid Britain's move away from fossil fuels.The project, dubbed HyGreen Teesside, aims to produce…

First Turbine Operational at Yunlin Offshore Wind Farm in Taiwan

Nov 30, 2021

French energy industry giant TotalEnergies on Tuesday announced the start-up of power generation from the first turbine of the Yunlin offshore wind farm in Taiwan. TotalEnergies joined this project, operated by wpd, with a 23% interest in May…

Petrobras, SBM Offshore Strike Mero 4 FPSO Charter Deal

Nov 30, 2021

Brazilian oil company Petrobras has signed contracts with the Dutch FPSO specialist SBM Offshore for the chartering and provision of services of the FPSO Alexandre de Gusmão.This will be the fourth definitive floating production system to be installed in the Mero field…

Seanovent, Strohm in Offshore Wind-to-hydrogen Collab

Nov 29, 2021

Seanovent Engineering and Strohm have signed a memorandum of understanding (MOU) to collaborate on offshore wind-to-hydrogen developments.The duo said it would focus on developing safe and dependable hydrogen transfer solutions that enable and improve the distributed green hydrogen concept…

Seplat Looking to Buy Exxon's Shallow Water Fields in Nigeria

Nov 29, 2021

Nigeria's Seplat Energy along with a partner is in talks to buy ExxonMobil's shallow-water oilfields in the African nation, the company said on Monday, cautioning there was no certainty about the outcome.In recent years, Exxon has been exiting…

U.S. Oil Drilling Review Proposes Higher Fees, Development Curbs

Nov 29, 2021

The Biden administration proposed a slew of changes on Friday to the nation's federal oil and gas leasing program, including hiking fees on drilling companies and limiting their access to sensitive wildlife and cultural zones.The recommendations…

Oil Rebounds to Above $76 on Speculation Omicron-related Drop Exaggerated

Nov 29, 2021

Oil rebounded by more than 5% on Monday to above $76 a barrel as some investors viewed Friday's slump in oil and financial markets on concern about the Omicron coronavirus variant as overdone.Top officials from the Organization of the Petroleum Exporting Countries and its allies…

Equinor Exits Ireland with $434M Sale of Corrib Gas Field Stake to Vermilion Energy

Nov 29, 2021

Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy.The transaction is organized through a share sale of Equinor Energy Ireland Limited, a company 100% owned by Equinor ASA…

Expro Reels in $50M Worth of Subsea Contracts in Malaysia, Australia

Nov 29, 2021

Oilfield services firm Expro said Monday it had secured four 'significant' subsea well access contracts in Malaysia and Australia worth more than $50 million. Two contracts are in Australia and two in Malaysia. One contract is with Shell in Malaysia…

Snam Buys Stake in Algerian Gas Pipelines from Eni

Nov 29, 2021

Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.Europe's biggest gas infrastructure group said on Saturday it would pay energy company Eni 385 million euros ($436 million) for a 49…

Shell, CoensHexicon JV Gets EBL for Floating Wind Project in South Korea

Nov 29, 2021

MunmuBaram, a joint venture between Shell and CoensHexicon, has secured an Electricity Business License (EBL) for its floating offshore wind project off the coast of Ulsan, South Korea. The EBL from the Ministry of Trade, Industry, and Energy…

Iran, Turkmenistan, Azerbaijan in Gas Swap Deal

Nov 29, 2021

Iran, Turkmenistan, and Azerbaijan have signed a gas swap deal for up to 2 billion cubic meters (bcm) per year, Iranian state news agency IRNA reported on Sunday.Under the swap deal, Iran will receive gas from Turkmenistan and deliver an equivalent amount to Azerbaijan at the Astara border…

Current News

Aker BP Extends Scarabeo 8 Contract for Offshore Drilling in Norway into 2028

Aker BP Extends Scarabeo 8 Con

Poland Allocates 3.4 GW Capacity in Offshore Wind Auction

Poland Allocates 3.4 GW Capaci

Eni Finalizes CCS Partnership with Blackrock-Backed GIP

Eni Finalizes CCS Partnership

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

DOF Bags Multiple Vessel Deals

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