Energy News

 

Iberdrola's First French Offshore Wind Farm Begins Supplying Electricity to the Grid

Jul 06, 2023

Spanish renewable energy company said Thursday that its first French offshore wind farm has officially started supplying electricity to the grid.Electricity from the Saint-Brieuc offshore wind farm has started feeding into the grid in Brittany for the first time…

Denmark Launches Tender for North Sea Oil and Gas Concession

Jul 06, 2023

The Danish Energy Agency has launched a tender for the exploration and production of oil and gas at a new concession in the North Sea, it said in a statement on Thursday. The agency initiated the tender process following an unsolicited application…

Asso.subsea Partners with Nexans for Subsea Cable Project in Germany

Jul 06, 2023

Asso.subsea, a subsea cable services company, has signed a contract with the major subsea cable maker Nexans for the transportation, installation, and protection of the nearshore section for the 320 kV DC connection that will transmit up to 980 MW of electricity from the BorWin cluster in Germany…

HAV Group to Design Methanol-Fueled Offshore Wind Service Vessel for ESVAGT

Jul 06, 2023

Norway's HAV Group said Wednesday its ship design business had been selected to develop another methanol-fuelled offshore wind service operation vessel (SOV) for ESVAGT.  'To secure repeat ship design business from a leading SOV operator is a proud moment for us…

Third Coast Acquires Stake in Shell-operated U.S. Gulf of Mexico Offshore Platform

Jul 06, 2023

Houston-based Third Coast Super Holdings has acquired an indirect 26.5% non-operated interest in the Perdido offshore platform in the U.S. Gulf of Mexico from ArcLight Energy Partners Fund VI, L.P., a private equity fund managed by ArcLight Capital Partners…

US Approves Construction for Orsted's Ocean Wind Project off New Jersey

Jul 05, 2023

The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States…

Glamox Illuminates World's Largest Offshore Wind Farm

Jul 05, 2023

Glamox provided a lighting system for the first substation built for the world’s largest offshore wind farm at Dogger Bank, offshore the UK.The giant unmanned structure is one of three offshore high-voltage direct current (HVDC) substations being built for Dogger Bank…

Oil Output in Kazakhstan Down 21% on July 4 from July 2 after Blackout

Jul 05, 2023

Oil production in Kazakhstan plummeted by around a fifth on July 4 to 1.46 million barrels per day from July 2, after the widespread power outages, official data from an analytical center at the energy ministry showed on Wednesday. Oil refining volumes fell by 46% on July 4 to 20…

Decom Engineering Develops Its Largest Chopsaw Yet for Subsea Pipe Cutting

Jul 05, 2023

Northern Ireland-based offshore decommissioning technology firm Decom Engineering said Wednesday it had developed its largest Chopsaw to date in response to client demand for larger-sized subsea pipe-cutting capability.The C1-46 Chopsaw has…

Ørsted Advances Green Fuel Transition with Second Methanol-Powered SOV

Jul 05, 2023

Denmark-based offshore wind developer Ørsted and offshore vessel owner ESVAGT have signed a second contract for a methanol-powered vessel.Ørsted and ESVAGT have signed an agreement for a sister vessel to the world’s first methanol-powered service operation vessel (SOV)…

Brent Drops as Economic Headwinds Outweigh Supply Cuts

Jul 05, 2023

Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. Brent was down 46 cents…

Report: Abu Dhabi's Masdar to Join Iberdrola's Baltic Sea Wind Farm Project

Jul 05, 2023

Spanish utility Iberdrola has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea, Expansion newspaper reported on Wednesday, citing unidentified market sources…

Japan's Mitsui to Acquire UK's Pipeline Repair Specialist STATS

Jul 05, 2023

Japan's Mitsui & Co. has executed a share purchase agreement to acquire 100% of the issued shares of Aberdeen-based STATS (UK) Ltd., a company that manufactures proprietary energy pipeline repair equipment and provides engineering services.The…

Subsea 7 and EnBW Join Forces to Explore Offshore Wind-Powered Hydrogen Production

Jul 04, 2023

Offshore installation contractor Subsea 7 and German power supplier EnBW have signed a  Memorandum of Understanding to jointly explore offshore wind-powered hydrogen production concepts. Subsea 7 and EnBW will study the technical and commercial elements of green offshore hydrogen production…

Italy's Eni Wants to Reduce Oil Exposure with Asset Sales

Jul 04, 2023

Italy's Eni aims to reduce its exposure to oil in favor of natural gas and non-fossil fuels in part through asset sales, the energy group's CEO Claudio Descalzi said on Tuesday. Speaking at the Rome presentation of a report by the International Renewable Energy Agency (IRENA)…

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