Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance…
Offshore wind turbine maker Vestas has installed the first offshore wind turbine at the Akita Noshiro offshore wind project in Japan.This will be Japan’s first commercial-scale offshore wind project.Thirty-three V117-4.2MW turbines, totaling 140MW…
Harbour Energy said on Friday that largest shareholder, EIG Asset Management, has distributed some of its stake in North Sea's biggest oil and gas producer to existing investors, resulting in a dilution in its holding to 16% from 37%.The share…
The Norwegian Ministry of Petroleum has approved Aker BP's plan for the development and operation of the Frosk field in the Alvheim area, in the North Sea, offshore Norway.The Frosk field, discovered in 2019, is located around 25 kilometers southwest of the Alvheim FPSO…
Shell said on Friday it had loaded and shipped a cargo of liquefied natural gas (LNG) this week at its Prelude floating LNG facilityafter workers scaled-down industrial action at the site off northwestern Australia.The oil and gas giant slowed output at the 3…
Klaipėdos Nafta AB, Lithuanian operator of oil and liquefied natural gas (LNG) terminals, and the companies of the largest Polish oil group ORLEN, ORLEN Neptun I, and Energa Wytwarzanie, signed a letter of intent on the possibility of cooperation…
Tekmar Group has secured a contract to provide an integrated engineering solution, including Cable Protection Systems ('CPS') and Cable Hang-Off Clamps, for an offshore wind farm project in Japan. The contract is expected to be delivered in 2023…
Italian energy services firm Saipem on Friday said it had reached important milestones in offshore wind, in relation to the Saint Brieuc project in France, and the Formosa 2 project in Taiwan.In France, Saipem said it has successfully completed…
Spanish power group Iberdrola will develop 16 new renewables projects in the UK after it secured their financial viability through contracts for difference (CfD) with the British government, the company said on Thursday.Through ScottishPower…
Resource-poor Japan is facing a historic energy security risk as tensions with Moscow intensify, heightening the threat of gas supply disruptions at a time when global supply is tight and spot prices are sky-high.Last week, Russia seized full…
Northern Ireland-based Decom Engineering has said it has won two contracts worth more than £300,000 in the North Sea and offshore West Africa. strengthening their reputation as a leading provider of decommissioning services.The company said…
Britain's main oil and gas sector said it had secured some changes to a planned windfall tax but is seeking further allowances from the new Finance Minister Nadhim Zahawi, with the bill set to go through parliament on Monday.Former finance minister Rishi Sunak…
Malaysian FPSO leasing company Yinson has ordered five centrifugal compressor trains for gas production and export from MAN Energy Solutions for a Brazil-bound FPSO. For the same FPSO, MAN is also supplying two screw compressor trains, which will be used as gas recovery systems…
Fred. Olsen Windcarrier's Bold Tern offshore wind installation vessel has left Taichung in Taiwan with the first wind turbine loadout for Changfang and Xidao offshore wind farms, the company said via social media.Back in March 2020, Fred. Olsen…
Hexicon AB’s TwinHub floating wind project in the Celtic Sea was successful in the latest UK Government's Contracts for Difference (CfD) Allocation Round (AR4). Hexicon has been awarded a CfD for its 32MW floating wind project at a strike price of £87…
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