Energy News

 

ADNOC L&S Acquires Zakher Marine International. Adds 24 Jack-ups, 38 OSVs to Fleet

Nov 17, 2022

ADNOC Logistics & Services, the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC) has completed the acquisition of Zakher Marine International (ZMI), adding 24 jack-up barges and 38 offshore support vessels to its fleet…

Van Oord's Cable Layer Rescues 49 Refugees in Mediterranean

Nov 17, 2022

The Dutch offshore installation firm Van Oord said Thursday that its Nexus cable layer had this week rescued 49 refugees in the Mediterranean Sea. 'The cable-laying vessel was contacted by the Malta Rescue Coordination Center to give support…

Intelatus: Almost 30,000 Offshore Wind Turbines to Be Installed by 2035

Nov 17, 2022

Over the last few years, many statements have been made concerning growth in offshore wind turbine and foundation installation demand. These statements have been followed, in some cases, by firm orders for high-specification vessels, mainly from established players…

UK Hikes Oil Firm Levy, Hits Power Companies with Windfall Tax

Nov 17, 2022

British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a major hole in the public finances.Soaring oil and…

Danish Offshore Wind Installation Firm Bolsters Senior Management Team

Nov 17, 2022

Danish offshore wind installation company Cadeler has bolstered its senior management team with three appointments, who will help the company grow and prepare it for busy times ahead. The new members include Pernille Korsager who joined the company in May 2022 as the company’s General Counsel (GC)…

Inmarsat Provides Connectivity Solutions for Vallianz Holdings' OSV Fleet

Nov 17, 2022

Singapore-based offshore support vessel owner Vallianz Holdings is working to speed up the digitalization of its fleet of offshore support vessels (OSV) with a comprehensive package of connectivity services from Inmarsat.According to Inmarsat…

Turkey's Black Sea Gas Field to Go Online in 2023, Erdogan Says

Nov 17, 2022

Turkey's Black Sea gas field is on track to go online next year as promised and work has sped up to connect it to the national infrastructure, President Tayyip Erdogan said on Saturday.Addressing a natural gas pipeline opening in the northern Kastamonu province…

New Fortress to Sign Deal for Mexico's Lakach Offshore Gas Field Next Week

Nov 17, 2022

U.S. company New Fortress Energy expects to sign an agreement next week with the Mexican government for the development of a liquefied natural gas (LNG) project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday…

Norway's Oil & Gas Firms Raise Investment Forecasts

Nov 17, 2022

Norway's oil and gas firms have raised their investment forecasts for 2022 and 2023 as more development plans are being made, a national statistics office (SSB) survey showed on Thursday. The country's biggest business sector now expects to invest 175…

Germany Completes Construction of LNG Terminal

Nov 16, 2022

Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas. 'The new LNG landing place is a big step towards a secure energy supply…

OKEA Cuts 2023 Output Guidance Due to Issues with Wintershall-operated Nova Field

Nov 16, 2022

The Norwegian oil and gas company OKEA cut its output guidance for 2023 on the back of the news that the Wintershall Dea Norge-operated Nova field offshore Norway may have limited production next year.The Nova subsea field, sits about 120 kilometers northwest of the city of Bergen…

Commonwealth Wind Moves Forward with Mass. Offshore Wind Deal

Nov 16, 2022

Commonwealth Wind said late Monday it will move forward with a submitted but not yet approved power purchase agreement with Massachusetts electric companies and its 1,232-megawatt offshore wind project.Commonwealth made its announcement after…

Kent to Provide Structural Integrity Analysis for INEOS North Sea Platforms

Nov 16, 2022

Kent, an energy services company, said on Wednesday that INEOS UK SNS Ltd. had awarded it a three-year framework contract for structural integrity analysis modeling services.Kent will support the safe and sustainable structural integrity management…

Brazil: Enauta Brings Atlanta Field Well Online After Interruption

Nov 16, 2022

The Brazilian oil company Enauta has announced that production has resumed from one of the wells at its Atlanta offshore oil field in Brazil following a recent interruption.On November 7, informing of the output interruption, Enauta said that…

BP Says It Is Paying More Tax as it Profit Increases

Nov 16, 2022

BP is paying more tax as it is making more profit, its UK head Louise Kingham told the Reuters Energy Transition Europe 2022 event on Wednesday.'It's right that (the government) should think about how they protect the most vulnerable and taxation is not for companies to determine…

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