Energy News

 

Platform Supply Vessel to Ship CO2 for Storage Under North Sea Seabed

Dec 02, 2022

A platform supply vessel, normally used to deliver goods to offshore oil and gas platforms, is undergoing preparations in the Danish Esbjerg port to carry CO2 containers for storage in the North Sea.Offshore vessel owner Blue Water and offshore…

German Firm Buys Irish Offshore Wind Farm Site

Dec 02, 2022

German renewable energy firm RWE said Friday it had bought the Irish company Western Power Offshore Developments Ltd, which is in the early stages of developing the East Celtic wind farm project offshore Ireland.The East Celtic wind farm site…

MMA Offshore Sells Batam Shipyard

Dec 02, 2022

Australian offshore vessel operator MMA Offshore has completed the sale of its shipyard in Batam, Indonesia.The planned sale was first announced back in May when MMA Offshore said it would sell its shipyard facility to Wasco Engineering Group…

Valeura Energy Books Tanker for Gulf of Thailand Oil Field

Dec 02, 2022

Oil and gas company Valeura Energy has entered into a definitive agreement with PT Samudra Alam Transport to charter the MT Vula crude oil tanker to store oil produced from the Wassana oil field, offshore in the Gulf of Thailand.In Q2 2022,…

Equinor Sticks to Renewables Profit Goal amid Bottlenecks and Competition

Dec 02, 2022

Norwegian energy firm Equinor's renewables business faces rising supply chain bottlenecks and strong rivalry for new projects, but will not compromise on its 4-8% investment return target, the head of the unit told Reuters.While still largely an oil and gas producer…

Norway: Aker BP Board Greenlights $19B Offshore Field Development Projects

Dec 02, 2022

The Norwegian oil and gas company Aker BP said Friday it would vote in favor of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project, and the Utsira High projects…

Australia Court Ruling on Santos Raises Risks for Offshore Gas Projects

Dec 02, 2022

Australia's Federal Court rejected on Friday an appeal by Santos Ltd to resume drilling on its $3.6 billion Barossa gas project off northern Australia after indigenous groups raised objections, potentially delaying other offshore projects.Three…

Wintershall Dea Expands Carbon Capture and Storage in Denmark

Dec 02, 2022

German oil and gas producer Wintershall Dea said on Thursday it was teaming up with other companies to expand carbon capture and storage activities around a hub near Hirtshals on Denmark's northern North Sea coast.The hub will be linked to the Danish Greensand CCS project…

TotalEnergies to Cut UK North Sea Spending by 25% after Windfall Tax

Dec 01, 2022

TotalEnergies will cut its investment in British North Sea oil and gas projects by a quarter next year after the UK government hiked a windfall tax on the sector, the French firm's British exploration and production chief said on Wednesday.Energy…

UK: ORE Catapult, NZTC Team Up to Help Power Oil & Gas Platforms with Floating Wind

Dec 01, 2022

The UK-based Offshore Renewable Energy (ORE) Catapult and the Net Zero Technology Centre said Thursday they'd examine potential pathways for the delivery of innovative floating offshore wind technology integrated with existing energy infrastructure…

HST Marine Orders Three Battery-powered Fast Crew Suppliers from Damen

Dec 01, 2022

Offshore energy industry services provider High Speed Transfers (HST) Marine has ordered three Fast Crew Suppliers 2710s from Damen Shipyards for an undisclosed fee.Damen Shipyards said that the vessels would be fitted with 190kW battery arrays…

China's CNOOC Beefs Up Stake in Giant Offshore Oil Field in Brazil

Dec 01, 2022

Chinese oil company CNOOC said Thursday it had completed the acquisition of another 5% stake in the Production Sharing Contract of the Transfer of Rights (TOR) Surplus Volume related to the Búzios oil field, offshore Brazil.The Búzios oil field is located in the Santos Basin…

Peterson's Logistics Services for ODE AM-managed North Sea Assets

Dec 01, 2022

Energy industry logistics provider Peterson said Thursday it had won a three-year contract with ODE Asset Management (ODE AM) to provide integrated logistics services from the Port of Lowestoft in the UK.Peterson will provide quayside services…

Expro Wins $50M North Sea Well Intervention and Integrity Deal with Apache

Dec 01, 2022

Oilfield services firm Expro has secured a $50 million contract with oil and gas company Apache Corporation for work on its Beryl and Forties assets in the UK North Sea.The fully integrated well intervention and integrity services contract involves…

Norway: Vår Energi Books Floatel Rig for Balder FPU Work

Dec 01, 2022

Vår Energi, a Norwegian oil and gas company, has awarded Floatel International a contract for its Floatel Superior offshore accommodation rig.The rig will support Vår Energi's lifetime extension program for the North Sea production vessel Balder FPU in 2023…

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China Received LNG Shipments f

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Offshore Wind: Building the UK

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