Energy News

 

New CEO for Australia's First Offshore Wind Farm Project

Jun 06, 2022

Charles Rattray has been appointed the CEO of Star of the South, Australia’s first planned offshore wind project, and will start his role in August.Rattray was previously the Managing Director of Nexif Energy, where he oversaw energy projects…

Report: Impact Oil & Gas Eyeing Sale of Stake in Namibian Offshore Block Containing Venus-1X Discovery

Jun 06, 2022

Impact Oil & Gas is considering selling its 20% stake in a large block in deep water off the coast of Namibia where TotalEnergies made a significant oil discovery this year, four industry sources told Reuters.Impact, which is privately owned and focused on exploration in Africa…

Crown Estate Doubles Funding for Program Aimed at Enabling Coexistence of Offshore Wind and Marine Environment

Jun 06, 2022

The Crown Estate for England, Wales, and Northern Ireland said Monday it has committed £50million (around $62,7 million) to enable the coexistence of offshore wind farms with a thriving marine environment.Since the launch of the UK Government’s…

Timken Bearings for GE's Giant Haliade-X Offshore Wind Turbines

Jun 06, 2022

The Timken Company said Monday it was designing and supplying main shaft bearings for GE Renewable Energy's Haliade-X, the world's most powerful offshore wind turbine.Each Haliade-X turbine will have a capacity of up to 14 MW and be able to generate up to 74 GWh of clean energy a year…

VIDEO: First Hywind Tampen Floating Wind Turbine Reaches Offshore Site

Jun 06, 2022

Norwegian energy giant Equinor said Monday that the first of 11 floating wind turbines that will make up its Hywind Tampen floating wind farm in the Norwegian North Sea, had reached the offshore location.As Offshore Engineer reported last week…

China's Dajin to Build Monopiles for Moray West Offshore Wind Farm in UK

Jun 06, 2022

China's Dajin Heavy Industry has signed a binding contract for the construction and delivery of XXL monopiles for the 860MW Moray West offshore wind farm in the UK.According to Dajin, the XXL Monopiles will be 'one of the largest to be installed…

VAALCO Energy Makes Offshore Discovery in Gabon

Jun 06, 2022

VAALCO Energy on Monday announced the successful drilling of the South Tchibala 1HB-ST well, offshore Gabon. The well was drilled from the Avouma platform in the Etame field, offshore Gabon.  The company said it had discovered significant columns of multiple hydrocarbon-bearing sands in the Dentale…

Lebanon Warns Against Any Israeli 'aggression' in Disputed Waters as Energean Power FPSO Reaches Karish Field

Jun 06, 2022

Lebanon warned Israel on Sunday against any 'aggressive action' in disputed waters where both states hope to develop offshore energy, after a ship arrived off the coast to produce gas for Israel.President Michel Aoun said any activity in the…

No Oil, Gas Found at Closely Watched Exploration Well off W. Australia

Jun 06, 2022

Western Gas said on Monday its Sasanof-1 exploration well off Western Australia found no hydrocarbons, in a big disappointment for one of the most closely watched drilling campaigns in Australia this year.Ahead of drilling, the Sasanof prospect…

Brent Climbs Above $120/bbl after Saudi Arabia Hikes Crude Prices

Jun 06, 2022

Oil futures jumped on Monday, with Brent rising above $120 a barrel after Saudi Arabia hiked prices for its crude sales in July, signaling tight supply even after OPEC+ agreed to accelerate output increases over the next two months.Brent crude was up 91 cents…

Mexico Close to Striking Deal Over Major Offshore Oil Find

Jun 06, 2022

The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on Friday.The handling of Zama, a deposit holding some 900 million barrels and located offshore in the southern Gulf of Mexico…

SapuraOMV Drills Duster at Kanga Prospect Offshore W. Australia

Jun 03, 2022

Oil and gas company SapuraOMV has recently completed drilling operations at the Kanga-1 well offshore Western Australia without encountering commercial hydrocarbon volumes.SapuraOMV used the Diamond Offshore Ocean Apex semi-submersible drilling rig…

Guyana's Economy has Recovered, but Needs to Watch Oil Dependence - IMF

Jun 03, 2022

The Guyanese economy has recovered well after the COVID-19 pandemic thanks to an oil boom, the International Monetary Fund (IMF) said on Friday, but the country must be wary of over-dependence on oil income.The tiny South American nation has…

Equinor Gets PSA Nod for Hywind Tampen Wind Farm, as First Floating Wind Turbine Sets Off to Offshore Location

Jun 03, 2022

The Petroleum Safety Authority Norway (PSA), the Norwegian offshore safety watchdog, has consented to Equinor taking the Hywind Tampen floating offshore wind farm into use, as the first turbine set sail to the offshore location.Equinor’s 88MW…

Allseas Removes Gyda Platform Topsides

Jun 03, 2022

Allseas' giant Pioneering Spirit vessel recently removed the 18,400-tonne former drilling and production facility Gyda from the Norwegian North Sea in a single lift, and brought it ashore in Norway for disposal.Under a contract by Repsol, Allseas is also booked to remove the massive 11…

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