Energy News

 

Bangladesh Cancels LNG Import Tender over High Prices

Oct 23, 2020

Bangladesh is canceling another tender to import liquefied natural gas (LNG) in December, as it received one offer to supply the shipments that were too expensive, a senior energy ministry official said on Friday.The offer from the Asian unit of Vitol to supply 138…

Ørsted's North America CEO Joins Shell's Renewables Division

Oct 23, 2020

Royal Dutch Shell has hired Ørsted's North America Chief Thomas Brostrom as Senior Vice President for its Global Renewable Solutions department starting next year, a Shell spokesman said on Friday.Shell is cutting around a tenth of its workforce…

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Oct 23, 2020

Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…

Brazil: Karoon Gets ANP Approval to Take Over Bauna Field

Oct 23, 2020

Australian oil and gas company Karoon Energy said Friday that the Brazilian national oil regulator ANP had approved, with conditions, Karoon's acquisition of the Bauna offshore field from Petrobras.The field is located in shallow waters in the Santos Basin in concession BM-S-40…

Video: USCG Performs Rescue Drill on Wind Turbine off Virginia

Oct 22, 2020

As the U.S. offshore wind industry begins to build up, the U.S. Coast Guard is training to ensure it is prepared to respond to any potential emergency—even at 400 feet in the air.Last week, an MH-65 Dolphin helicopter aircrew from Coast Guard Air Station Atlantic City…

GE's Giant Haliade-X Offshore Wind Turbine Prototype Now Operates at 13MW

Oct 22, 2020

The world's largest offshore wind turbine in operation, GE's Haliade-X prototype, has been upgraded, or 'uprated' and is now operating at a 13 MW power output.The Haliade-X wind turbine prototype has been spinning in Rotterdam since November 2019…

New CEO Named for Ørsted Offshore North America

Oct 22, 2020

Denmark-based offshore wind giant Ørsted has appointed David Hardy as new CEO of its U.S. subsidiary Ørsted Offshore North America. Hardy, who becomes CEO after previously serving as COO, will replace Thomas Brostrøm who has led Ørsted Offshore North America since the summer of 2015As CEO…

Petrobras Boosts Output Forecast

Oct 22, 2020

Brazilian state-run oil company Petrobras said on Tuesday that 2020 production should exceed previously disclosed estimates, as the firm ramps up production at some of its most prolific offshore oilfields.Petroleo Brasileiro SA, as the company is formally known…

Australia: Santos 3Q Revenue Drops on Lower Gas Prices

Oct 22, 2020

Australia’s Santos Ltd said on Thursday third-quarter revenue slid nearly 23%, hit by a drop in realized gas prices because of the COVID-19 pandemic.The country’s no. 2 independent gas producer said sales revenue came in at $797 million for the quarter ended September…

Trelleborg to Provide Cable Protection for RWE's Kaskasi Offshore Wind Farm

Oct 22, 2020

Seaway 7, a Subsea 7 subsidiary focused on renewables, has awarded Trelleborg a contract to provide cable protection for RWE's Kaskasi offshore wind farm project in Germany.Under the contract, Trelleborg will provide 86 integrated cable protection systems…

Gwynt y Môr Wind Farm Export Circuit Trips

Oct 22, 2020

Gwynt y Mor OFTO, an entity that operates and maintains offshore transmission assets between the onshore grid and the Gwynt y Mor offshore wind farm in Wales, the UK, said Thursday that its export circuit SSEC3 tripped at 16:54 on October 15…

CNOOC: Production Starts from Bozhong 19-6 Offshore Field

Oct 22, 2020

China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…

Floating Wind Tech Firm Principle Power Names CFO

Oct 22, 2020

Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…

Aker Carbon Capture, Vatenfall in Carbon Capture MoU

Oct 22, 2020

Norwegian carbon capture firm Aker Carbon Capture has signed a Memorandum of Understanding with Sweden’s power company Vattenfall to accelerate the evaluation of future carbon capture plants in Sweden and Northern Europe.Aker Carbon Capture…

Archer Nets Two-Year Extension with 'Major' North Sea Firm

Oct 22, 2020

Oilfield and drilling services firm Archer said Thursday it had secured a two-year contract extension with a major North Sea operator for the provision of platform drilling operations and maintenance services on seven UK North Sea installations…

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