Energy News

 

Japan Picks Five Promising Zones for Offshore Wind Farms

May 12, 2023

The Japanese government said on Friday it had chosen five sites off the coast of Hokkaido as 'promising zones' for developing offshore wind farms, marking the second stage in a three-part selection process. The move comes as Japan looks to accelerate…

Port Esbjerg Welcomes Jan De Nul's Mega Jack-up Voltaire

May 12, 2023

Jan De Nul's new offshore installation jack-up vessel Voltaire has called the port of Esbjerg in Denmark to mobilize for an offshore wind farm installation project in the North Sea.The Voltaire, delivered in December from China's COSCO shipyard…

Petra Energy Wins HUC Deal for World's Largest Offshore CCS Project

May 12, 2023

Petra Energy's Petra Resources subsidiary has been awarded a subcontract from Malaysia Marine and Heavy Engineering Sdn. Bhd. (“MMHE”) for Hook Up and Commissioning (HUC) Works for Kasawari Carbon Capture and Storage Project.In November 2022…

Largest Vessel in Solstad Fleet, Normand Maximus, Set for Long-Term Hire with Unnamed Subsea Contractor

May 12, 2023

Norwegian offshore vessel operator Solstad Offshore said Friday it had has received a Letter of Intent from an undisclosed subsea contractor for hire of the construction support vessel (CSV) Normand Maximus.The subsea contractor would hire the…

Siemens Gamesa Installs First Wind Turbine at Iberdrola's Saint-Brieuc Offshore Wind Farm

May 12, 2023

Spanish offshore wind developer Iberdrola said Friday it had installed the first wind turbine at the offshore farm in the bay of Saint-Brieuc, France.The installation of the first of 62 wind turbines for the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy…

OX2 to Sell 49% Stake in Three Finnish Offshore Wind Projects to Ingka

May 12, 2023

Sweden-based renewable energy firm OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. According to OX2, the three offshore wind projects will have the potential to reach a total installed capacity of about 6…

Subsea 7 Secures Major Contract for Two-Phase Subsea Development Project

May 12, 2023

Offshore installation services firm Subsea 7 said Friday it had won a major contract for a two-phase subsea development with an unnamed client.The first phase has been recorded in the backlog of the Subsea and Conventional business unit in the second quarter of 2023…

Recent News a ‘Mixed Bag’ for US Offshore Wind

May 11, 2023

The month of May brings a mixed bag of news for offshore wind in the United States, as outlined in the latest U.S. Offshore Wind Report from business intelligence firm Intelatus Global Partners.In the 'positive' category, Intelatus said federal permitting of projects continues on schedule…

ADNOC L&S, SeaOwl Designing Unmanned Supply Vessels for Offshore Operations

May 11, 2023

ADNOC L&S, the shipping and maritime logistics arm of the Abu Dhabi-based oil firm ADNOC, has signed an agreement with SeaOwl for the design of unmanned remotely operated vessels capable of transporting vehicles, equipment, and supplies to and from offshore sites…

Gulf of Thailand: Uzma Clinches 3-Year Coil Tubing Contract with Valeura Energy

May 11, 2023

Malaysia-based energy industry services firm Uzma has, via its Thai subsidiary MMSVS secured a contract with the oil company Valeura Energy Inc.The three-year contract is for the provision of coil tubing equipment and services in the Gulf of Thailand…

Viaro's RockRose Finalizes North Sea Farm-in with Hartshead

May 11, 2023

UK-based energy company Viaro Energy said Thursday that following approval from the UK North Sea Transition Authority (“NSTA”), all conditions have been met to complete the farm-in agreement with Hartshead Resources Ltd., as announced on April 5…

Crown Energy Withdraws from South African Offshore Venture Following Disappointing Well Results

May 11, 2023

Crown Energy said Thursday it would withdraw from the joint venture operating the Block 2B offshore South Africa after disappointing results of the Gazania-1 exploration well drilled in 2022.The Gazania-1 well was spudded in October 2022, using the Island Innovator semi-submersible drilling…

Win Up to $1 Million: ADNOC Launches Global Competition to "Reshape Energy Landscape"

May 11, 2023

Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization Technology Challenge is being supported by Amazon Web Services (AWS), BP…

TotalEnergies Taps Shearwater for 4D Seismic Surveys West of Shetland

May 11, 2023

TotalEnergies has awarded two 4D seismic survey contracts to Shearwater covering the Laggan, Tormore, and Edradour offshore gas fields, west of Shetland, in the UK.TotalEnergies might also extend the contract to include the Glenlivet field survey…

BNP Paribas Will No Longer Finance Development of New Oil and Gas Fields

May 11, 2023

BNP Paribas, France's largest bank, will no longer provide any financing dedicated to the development of new oil and gas fields, and it reiterated it targets an 80% cut of its oil exploration financing by 2030. 'BNP Paribas no longer provides…

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