Energy News

 

EU Vows to Protect Energy Network after 'sabotage' of Nord Stream Gas Pipeline

Sep 29, 2022

The European Union on Wednesday promised a 'robust' response to any intentional disruption of its energy infrastructure after saying it suspected sabotage was behind gas leaks discovered this week on subsea Russian pipelines to Europe.As gas…

Vattenfall to Build 980MW Offshore Wind Farm in Germany

Sep 29, 2022

Swedish firm Vattenfall has obtained the right to develop the N-7.2 offshore wind power project off the German North Sea coast. The project is expected to generate enough electricity to power the equivalent of more than one million German households…

GMS Secures Work for Two Self Propelled Jack-ups

Sep 29, 2022

GMS, a UAE-based owner of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Thursday it had secured a new contract.The company said Thursday that the contract was at improved rates…

Petrobras Orders $2.8B FPSO from Keppel O&M

Sep 29, 2022

Singapore's Keppel Offshore & Marine has won a $2.8 billion contract with Brazil's Petrobras for the construction of a large FPSO for deployment at the Buzios field offshore Brazil.Scheduled for delivery in 1H 2027, the P-83 is a repeat order of the P-80 FPSO that Keppel O&M secured in August 2022…

ONE-Dyas Sanctions EUR 500M Wind-powered Offshore Gas Project in Dutch North Sea

Sep 28, 2022

ONE-Dyas has reached a final investment decision for the development of the N05-A gas field in the Dutch sector of the North Sea. The decision involves an investment of more than 500 million euros, and is the largest investment in a natural gas development in the Netherlands in the past 15 years…

Vestas to Deliver 15MW Wind Turbines for 1.1 GW Inch Cape Offshore Wind Farm in Scotland

Sep 28, 2022

Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has appointed Vestas as the preferred wind turbine supplier for the 1.1 GW Inch Cape Offshore Wind Farm in Scotland. The project, located 15 km off the Angus Coast on the East of Scotland…

Kremlin Dismisses 'Stupid' Claims Russia Attacked Nord Stream Pipelines

Sep 28, 2022

The Kremlin on Wednesday said claims that Russia was somehow behind a possible attack on the Nord Stream gas pipelines were stupid, adding that the United States had opposed the pipelines and its companies had made big profits supplying gas to Europe…

Proserv Acquires Stake in Power System Monitoring Expert, Synaptec

Sep 28, 2022

Global controls technology company Proserv has acquired a minority stake in Glasgow-based power system monitoring expert, Synaptec, with whom it had initially formed a strategic alliance in October 2020 to drive forward the innovation of disruptive…

Saipem Nets 1B Euros Worth of Contracts in Ivory Coast

Sep 28, 2022

Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…

Nord Stream Operator Says Three Offshore Gas Pipelines Damaged in One Day

Sep 28, 2022

Three offshore lines of the Nord Stream gas pipeline system on the bed of the Baltic Sea sustained 'unprecedented' damage in one day, Nord Stream AG, the operator of the network, said on Tuesday.The bulletin was published after Sweden's Maritime…

Shell, Exxon Launch Joint Sale of UK, Dutch North Sea Assets

Sep 27, 2022

Shell and Exxon Mobil have launched a joint sale process of a large package of offshore natural gas assets in the southern UK and Dutch North Sea, three industry and banking sources said.The two companies have hired investment bank Jefferies to run the sale…

Oil Rises from 9-month Low on U.S. Gulf Supply Cuts, Softer Dollar

Sep 27, 2022

Oil rose more than 1% on Tuesday from a nine-month low a day earlier, supported by supply curbs in the U.S. Gulf of Mexico ahead of Hurricane Ian and a slight softening in the U.S. dollar.Analyst expectations that the Organization of the Petroleum Exporting Countries and allies…

Mexican Regulator Has No Record of Pemex Reporting Methane Leak

Sep 27, 2022

Mexico's environmental regulator has no records of state oil company Pemex reporting a methane leak last December at the country's top oil field, according to the regulator's response to a freedom of information request filed by Reuters.'There…

Greater Tortue Ahmeyim FPSO Returned to Quayside after Drifting Off Due to Typhoon

Sep 27, 2022

Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside  of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa…

GMS Nets 22-Month Contract for One of Its Jack-up Units

Sep 27, 2022

GMS, a UAE-based provider of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Tuesday it had secured a new contract.The 22-month contract is for an E-Class vessel with an unnamed EPC client in the MENA region…

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