Energy News

 

Total, Duke Are Winners of Latest US Offshore Wind Auction

May 11, 2022

France energy giant TotalEnergies and U.S. power company Duke Energy Corp were the winners of two offshore wind leases in federal waters off the coast of North and South Carolina on Wednesday, the Interior Department said in a statement.Winning bids amounted to $315 million…

VIDEO: Smulders Ships First Transition Pieces for Dogger Bank Offshore Wind Farm

May 11, 2022

Steel construction company Smulders recently shipped out the first four of 95 transition pieces for the first phase of the 3.6 GW Dogger Bank offshore wind farm.Smulders said earlier this week it had recently loaded out the four transition pieces at its Hoboken yard in Belgium…

Floating Solar Potential is Huge, But Not Without Challenges, DNV Says

May 11, 2022

The potential global capacity for deploying floating solar photovoltaic (FPV) power is currently around 4 terawatts (TW) and installed capacity will reach 10 gigawatts (GW) worldwide by 2025, energy expert and assurance provider DNV said Wednesday…

Prosafe Wins Another Petrobras Tender

May 11, 2022

Oslo-listed offshore accommodation firm Prosafe said Wednesday it had been declared the winner of a bidding process for a four-year contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel.The contract, subject to a…

U.S. to Hold Offshore Wind Auction for Carolina Coast

May 11, 2022

The Biden administration on Wednesday will hold a wind energy auction for two areas off the coast of North and South Carolina, its second such offering this year.The sale is part of the government's broad push to put wind turbines in federal waters along every U…

Aker BP Charters Large PSV from Solstad Offshore

May 11, 2022

Norwegian oil and gas company Aker BP has chartered Solstad Offshore's large platform supply vessel Normand Arctic.The platform supplier will be used to support Aker BP's activities on the Norwegian Continental Shelf.According to the shipowner…

Japan's Inpex Boosts Annual Profit Outlook on Soaring Oil Prices. Shares Abadi Plans

May 11, 2022

Japan's biggest oil and gas explorer Inpex Corp raised its net profit forecast for 2022 by 20% to a record 300 billion yen ($2.3 billion) thanks to higher-than-expected oil prices and a lower yen against the U.S. dollar.Its annual net profit…

Norway Eyes Major Offshore Wind Expansion with 30GW Planned by 2040

May 11, 2022

Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.The center-left government, which has come…

BP Hires Subsea 7 for Pipeline Installation Gig Offshore Trinidad and Tobago

May 11, 2022

Offshore installation contractor Subsea 7 said Wednesday it had secured a sizeable contract with the British oil major BP offshore Trinidad and Tobago. Subsea 7 defines a sizeable contract as being between $50 million and $150 million. The contract…

Deals Shifting Oil, Gas Fields Away from Climate Committed Firms to Those Without Them On the Rise

May 10, 2022

Deals in which oil and gas assets move from companies with climate goals to companies without such goals are on the rise, according to a study by the U.S. non-governmental organization Environmental Defense Fund.A company shifting polluting…

Thermoplastic Composite Pipes Could Carry Hydrogen Produced Directly at Floating Wind Farms

May 10, 2022

Strohm, the developer of Thermoplastic Composite Pipe (TCP), has signed a memorandum of understanding (MoU) with French renewable hydrogen supplier Lhyfe, to collaborate on the transportation solution for hydrogen produced from a floating wind…

TotalEnergies Confirms Green Light for Floating Wind Project in the Mediterranean Sea

May 10, 2022

TotalEnergies, the French oil major with growing renewables aspirations, on Tuesday confirmed the start of the construction of the 30MW Eolmed floating wind project in the Mediterranean Sea, off France.The project, in which TotalEnergies has a 20% stake…

Gasunie to Charter New Fortress Energy FSRU to Reduce Dutch Reliance on Russian Gas

May 10, 2022

New Fortress Energy has executed a binding agreement to charter a floating storage and regasification unit (“FSRU”) to Dutch energy network operator Gasunie, in an effort by the Netherlands to reduce Russian gas imports. The chartered FSRU will provide storage capacity of approximately 170…

Petrobras Launches Binding Phase for Tartaruga Field Stake Sale

May 10, 2022

Brazilian oil company Petrobras has started the binding phase for the sale of its stake in the Tartaruga field, located in shallow waters of the Sergipe-Alagoas Basin, state of Sergipe.Petrobras said last month it was relaunching the the sale process of its stake in the Tartaruga field…

Maersk Supply Service to Recycle Three Laid-up OSVs

May 10, 2022

Danish offshore vessel owner Maersk Supply Service has decided to recycle three of its older vessels that have been laid up in Fredericia, Denmark.The three vessels, Maersk Helper anchor handler, and Maersk Attender and Maersk Winner subsea support vessels…

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