Energy News

 

Iran Invites Kuwait's Foreign Minister to Tehran amid Offshore Gas Field Tensions

Aug 04, 2023

Iran's foreign minister has invited his Kuwaiti counterpart to Tehran, Kuwait said on Thursday, as tensions simmer over the offshore Durra gas field.Saudi Arabia and Kuwait claim exclusive joint rights to the field while Iran also claims a stake and says a Saudi-Kuwaiti agreement to develop it…

VIDEO: Coast Guard Medevacs 71-Year-Old from Offshore Vessel

Aug 04, 2023

The U.S. Coast Guard on Thursday medevaced a 71-year-old man from an offshore supply vessel around 100 miles southwest of Port Fourchon, Louisiana.Coast Guard Sector New Orleans watchstanders received a call at approximately 2:51 a.m. from the…

Brazil's Petrobras Beats Profit Forecast, $3 bln Payout Announced

Aug 04, 2023

Brazilian national oil company Petrobras posted a nearly 36% drop in its second-quarter profits on Thursday, citing falling crude prices, although earnings surpassed analyst expectations. Latin America's top oil producer posted recurring net profit of 28…

Huisman Monopile Installation Spread for Seaway 7's Offshore Vessel

Aug 04, 2023

Offshore wind installation services firm Seaway 7, part of Subsea 7, has ordered the entire monopile installation spread for jack-up vessel Seaway Ventus from the Dutch firm Huisman.The GustoMSC NG-14000XL-G jack-up vessel was originally ordered by OHT…

UAE's ADNOC to Take 30% Stake in Caspian Sea Field

Aug 04, 2023

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 30% stake in the TotalEnergies-operated Absheron gas and condensate field in the Caspian Sea, for an undisclosed fee.Upon completion of the transaction, ADNOC will own a 30% stake in Absheron…

Saipem Wins $1,97B in Offshore Contracts in Romania and Germany

Aug 04, 2023

Italian firm Saipem has won two new contracts for offshore engineering and construction work in Romania and in Germany, with a total value of approximately 1.8 billion euros (currently around $1,97 billion).The first contract relates to the…

Britain Boosts Latest Renewable Power Subsidy Round by 22 Million Pounds

Aug 03, 2023

Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.The move comes after Britain’s…

Spirit Energy Reports Record-Breaking Year in Offshore Decommissioning Activities

Aug 03, 2023

UK-based oil and gas company Spirit Energy is reporting its busiest year-to-date in decommissioning activities, with offshore campaigns taking place across the Central North Sea (CNS), Southern North Sea (SNS), and East Irish Sea.The most recent activity to be completed…

DORIS Selected as Principal Designer for Two Floating Wind Farms in Scotland

Aug 03, 2023

Offshore engineering services company DORIS has been appointed Principal Designer on the Broadshore and Bellrock floating offshore wind farm projects in Scotland by the BlueFloat Energy | Renantis Partnership.The Broadshore and Bellrock projects…

Forum Energy Technologies Appoints UnderOcean as Subsea Operations Partner in Brazil

Aug 03, 2023

ROV supplier Forum Energy Technologies (FET) has appointed UnderOcean Servicos Maritimos (UnderOcean) to represent its Subsea operations in Brazil.The partnership will see UnderOcean provide business development and engineering support on behalf of FET’s Subsea Technologies product line in Brazil…

Protesters Drape Home of UK PM Sunak in Black Fabric over Energy Policy

Aug 03, 2023

Greenpeace protesters draped the private home of British Prime Minister Rishi Sunak in black fabric on Thursday, stepping up their campaign against his government's policy on drilling for oil.A picture posted by Greenpeace UK on messaging platform X…

Aker Solutions Wins "Sizeable" Order from BP-Eni JV for Offshore Angola Project

Aug 03, 2023

Norway's Aker Solutions has won a 'sizeable' contract from Azule Energy, a BP-Eni JV in Angola, to provide subsea umbilicals for the Ndungu project offshore Angola.Aker Solutions defines a sizeable contract as between NOK 0.5 billion (currently around $48…

World's Largest Offshore Wind Project Reaches Milestone: First Turbine Installation Underway

Aug 03, 2023

The campaign to install the first of 277 turbines at the world’s largest offshore wind farm - the Dogger Bank Wind Farm in the UK - is underway, SSE Renewables said Thursday.The 260-meter-tall offshore wind turbines – each almost twice the height…

Prime Minister Sunak Defends Britain's Climate Record

Aug 02, 2023

British Prime Minister Rishi Sunak defended his government's policies on the environment on Wednesday after campaigners criticized them, saying its record on cutting carbon emissions is better than other major countries.Britain adopted the target…

Have Your Say: Irish Gov't Invites Views on South Coast Offshore Wind Projects

Aug 02, 2023

The Irish government has launched a public information and engagement period seeking the views of local South Coast communities to help determine where future offshore wind energy developments may take place. This follows the publication of…

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