Energy News

 

Acteon's Claxton to Acquire Oceaneering's Decommissioning Personnel and Assets

Mar 16, 2022

Claxton, a brand within Acteon’s drilling and decommissioning segment, has agreed to acquire decommissioning personnel and assets from Oceaneering.From the anticipated closure date of March 30, 2022, certain Oceaneering staff based in Norway will transfer to Claxton…

Marco Polo Marine, Seatech Solutions Move to Develop Offshore Wind Service Vessels

Mar 16, 2022

Singapore-based offshore shipping, shipbuilding, and ship maintenance company Marco Polo Marine has partnered up with green tech ship design company Seatech Solutions International to co-develop two new specialized offshore wind service, operation…

Olympic Orders Ampelmann Gangway for Olympic Orion CSOV

Mar 16, 2022

Dutch offshore gangway specialist Ampelmann has sold its first W-type gangway system to the Norway-based offshore shipping company Olympic Offshore Wind AS. The new system will be permanently fixed on the Olympic Orion in 2023 when the vessel…

Offshore Wind: Heerema to Install Baltic Eagle Offshore Substation

Mar 16, 2022

Dutch offshore installation firm Heerema Marine Contractors will transport and install the Offshore Substation (OSS) for Iberdrola's Baltic Eagle offshore wind farm in Germany.The Baltic Eagle wind farm site is located 30 kilometers northeast of Rügen island off the coast of Pomerania (Germany)…

dCS, JX NOEX File Bid for Offshore Carbon Capture & Storage Project in Australia

Mar 16, 2022

Australian carbon capture and storage firm deepC Store (dCS) said Wednesday it had with JX Nippon Oil & Gas Exploration Corporation (JX NOEX) submitted a joint bid for a Greenhouse Gas Assessment Permit for a Greenhouse Gas Storage Acreage Release Area in offshore Australia…

Norway's Equinor to Raise Gas Output from Major Fields

Mar 16, 2022

Norway will boost its natural gas output in the coming months, keeping production higher than normal through the summer and delivering bigger volumes to Europe at a time of shortages and soaring prices, Equinor EQNR.OL said on Wednesday.Russia's…

TotalEnergies Confirms It Will Exit Myanmar, Cede Yadana Offshore Field Stake to PTTEP for Free in July

Mar 16, 2022

French oil major TotalEnergies on Wednesday confirmed it would officially exit Myanmar oil and gas business in July, after the company first announced its plans to leave the country over worsening humanitarian conditions after last year's military coup…

Elgood Online: IOG Starts Gas Production from Another Saturn Banks Field

Mar 16, 2022

UK-North Sea-focused oil and gas firm IOG on Wednesday confirmed first gas production from the Elgood field, part of Phase 1 of its Saturn Banks Project. 'Following the confirmation of first gas at Blythe on Monday, the company yesterday also brought Elgood into production…

OMV to Spell Out Green Transition in Strategy Revamp

Mar 15, 2022

Austrian energy group OMV will turn the page from its embrace of Russia and could signal a gradual exit from its oil and gas business when it presents its strategy under new Chief Executive Alfred Stern on Wednesday.After Stern took over as CEO last year…

Equinor Stops Trading Russian Oil

Mar 15, 2022

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of Ukraine.Equinor's official announcement comes four days after Equinor's chief executive…

Wind Turbines Can Breathe New Life into Warming Seas

Mar 15, 2022

Offshore wind is set to move further and further from shore, as demand for renewable energy grows and new floating turbine technology makes deep-water expansion possible. However, for the first time, large areas of the UK continental shelf now open for development are “seasonally stratified”…

Subsea 7 Clinches 'Substantial' EPCI Contract

Mar 15, 2022

Offshore engineering and construction company Subsea 7 said Tuesday it had won a substantial contract with an unnamed client.Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million (Subsea 7's share).The award…

Naftogaz's CEO Calls for Nord Stream 1 Sanctions. Says Russian Gas Will Keep Flowing Through Ukraine

Mar 15, 2022

Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the head of Ukraine's state energy firm Naftogaz told Reuters on Monday.Russia is the European Union's top gas…

Deployable from USV: Kongsberg Launches New AUV at Oceanology International

Mar 15, 2022

Norway's Kongsberg Maritime is presenting its HUGIN Edge medium-size autonomous underwater vehicle (AUV) at this week's Oceanology International event which started Tuesday in London.According to the company, based in Norway, the HUGIN Edge offers 'exceptional durability and reliability…

Equinor, Shell Extend Offshore Vessel Charters with DOF

Mar 15, 2022

Offshore vessel owner DOF said Tuesday it had won vessel charter extensions with Norway's Equinor and Shell in the UK.Equinor has exercised options to extend the firm periods of the contracts for 2008-built Skandi Mongstad PSV for three years…

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