Energy News

 

Report: Europe Needs Meshed Grids for Offshore Wind

Apr 25, 2023

Hitachi Energy and industry group WindEurope have published a new report which concludes that Europe needs more meshed grids to ensure its offshore wind development.Meshed grids are clusters of offshore wind farms with fewer cables connected…

Norwegian Regulator Proposes 20 New Areas for Offshore Wind Farms

Apr 25, 2023

Norwegian energy regulator NVE on Tuesday recommended 20 areas suitable for deploying offshore wind farms that will help meet a 2040 target for 30 gigawatts (GW) of capacity.The areas, dotted along Norway's vast coastline, were the ones believed…

BOEM Seeks Public Input on Possible Offshore Wind Development in Gulf of Maine

Apr 25, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invited public comment on possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine.BOEM said the call represented an early step in the…

Norway's Eksfin Finances Nexans' New UK Export Cable Contract with Loan Guarantees

Apr 25, 2023

Export Finance Norway (Eksfin) has financed Nexans Norway’s new UK export cable contract with NOK 2bn (£155m) in loan guarantees.'The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland…

Energy Firms in Germany Team Up for Sea-to-inland Hydrogen Route

Apr 25, 2023

Seven companies in Germany's energy sector said on Tuesday that they had formed an alliance to bring clean hydrogen from the seashore to centers of industrial consumption. Germany wants to build 10 gigawatts of green hydrogen capacity, made from solar and wind power…

Cadeler Signs "Very large" Contracts with Ørsted for Hornsea 3 Offshore Wind Farm

Apr 25, 2023

Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler…

Crew Transfer Vessel Arrives in Japan to Serve Ishikari Bay New Port Offshore Wind Project

Apr 25, 2023

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…

Eni CEO and President of the Republic of the Congo Lay Foundation for Major Gas Project

Apr 25, 2023

The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, on Tuesday laid the foundation stone of Congo LNG.This will be the country's first natural gas liquefaction project,…

Gazelle Says Its New Floating Wind Platform Reduces Costs and Environmental Impact

Apr 25, 2023

Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, is unveiling third-generation technology this week at a wind industry event in Denmark.The company said its enhanced design 'further refines Gazelle’s…

Shelf Drilling Lands $11M Offshore Drilling Rig Contract in Nigeria

Apr 25, 2023

Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…

Israel's Sovereign Wealth Fund Gets Full-time Manager

Apr 25, 2023

The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country's sovereign wealth fund which was set up in 2014 following the discovery of huge [offshore] natural gas deposits.After a four…

Ecopetrol to Use Artificial Intelligence to Boost Oil Exploration Success Rates and Output

Apr 25, 2023

Colombia's majority state-owned oil company Ecopetrol will use new technology, including artificial intelligence, to improve exploration success rates and boost output from existing fields, new Chief Executive Ricardo Roa said on Monday.Roa…

Vestas to Supply 25 Offshore Wind Turbines for Wind Farm in Japan

Apr 25, 2023

Danish wind turbine maker Vestas said Tuesday it had won an order from Hibiki Wind Energy to supply offshore wind turbines for the Kitakyushu-Hibikinada offshore wind farm project in Japan.The offshore wind project is located offshore Kitakyushu city…

Exxon Applies for Four Offshore Oil Blocks in Liberia

Apr 25, 2023

Exxon Mobil Corp. has applied to prequalify for four offshore oil blocks in Liberia, the West African country's state oil regulator said in a statement on Sunday. Once prequalified, Exxon will be invited to negotiate a Petroleum Sharing Agreement for Blocks 15…

UK Court to Hear Greenpeace Challenge to Oil and Gas Licensing Round

Apr 24, 2023

Britain's High Court is expected to decide on Tuesday whether to grant Greenpeace permission to proceed with a challenge to the country's last oil and gas licensing round on climate grounds, the activist group said on Monday.Last year Britain…

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