Energy News

 

Offshore Wind: Taiwan's First DP3 Heavy Lift and Installation Vessel Completed

Jun 30, 2023

The construction of the 'Green Jade' DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was completed Friday.The vessel was commissioned by the CDWE consortium consisting of Belgium's DEME Offshore and Taiwan's CSBC…

India: BP and RIL Bring MJ Offshore Field Online

Jun 30, 2023

UK-based oil major BP, and India's Reliance Industries Limited (RIL)  on Friday confirmed the start of production from the MJ field offshore India, following testing and commissioning activities. The MJ field represents the last of three major…

Europe's Offshore Wind Boom Threatened by Looming Tower Supply Gap

Jun 30, 2023

Offshore wind developments play a vital role in Europe's energy transition plans, but the industry may face a significant supply challenge in the coming years, with a forecasted wind tower supply crunch.According to Rystad Energy, in 2028, the…

FPSO PTSC Lam Son in Vietnam Gets Contract Extension Worth $27.3 Million

Jun 30, 2023

Malaysian FPSO leasing firm Yinson Production has, through its PTSC AP joint venture company with Vietnam's PTSC, received a 12-month extension for the bareboat charter contract for FPSO PTSC Lam Son, with a further automatic extension of 6 months…

Barryroe Offshore Energy to Wind Up Operations after Setback in Irish Oil and Gas Project

Jun 30, 2023

Oil and gas company Barryroe Offshore Energy said Friday it had started the process of an orderly wind-down of the business through a Creditors Voluntary Liquidation.As part of this process, Barryroe Offshore Energy (ex-Providence Resources)…

Deep-Sea Mining Threatens Biodiversity 25 Times More Than Land-Based Mining, Report Says

Jun 30, 2023

Extracting minerals from the ocean floor could negatively impact biodiversity on a scale of up to 25 times greater than land-based mining, and fixing the damage would cost twice as much as extraction, a new report said on Thursday.A search for…

Seaway 7 Secures "Very Large" Contract for East Anglia THREE Offshore Wind Farm Installation

Jun 30, 2023

Seaway 7, an offshore wind installation subsidiary of Subsea 7, has secured a 'very large' contract with ScottishPower Renewables for the transport and installation of the foundations and inner-array cables for the East Anglia THREE offshore farm in the UK…

Norway Approves OMV’s Plan for the Berling Gas and Condensate Discovery

Jun 29, 2023

Austrian oil and gas firm OMV saw its Plan for Development and Operation (PDO) for the Berling gas and condensate discovery off Norway approved by the Norwegian Ministry of Petroleum and Energy this week.OMV submitted the plan to the Norwegian…

Developer Exposure to Siemens Gamesa Woes Limited for Bow - Citi

Jun 29, 2023

Developers of renewable energy projects have limited exposure to the wind turbines that are at the heart of far-reaching quality issues at Siemens Energy's Siemens Gamesa division, brokerage Citi said. Siemens Energy last week warned of quality problems at up to 30% of its onshore fleet…

Malaysia's Sarawak Energy Plans 400MW Floating Solar Capacity by 2030

Jun 29, 2023

Sarawak Energy aims to install at least 400 megawatts (MW) of floating solar power capacity at its dams by 2030 as the Malaysian utility expands to meet rising demand for renewables from neighboring countries, its group chief executive said…

Semco Maritime Secures 5-Year Deal to Provide Personnel for Danish Oil & Gas Consortium

Jun 29, 2023

Danish offshore energy industry service provider Semco Maritime has won a 5-year contract to provide field support personnel for core crew and campaign positions from TotalEnergies Denmark on behalf of the Danish Underground Consortium.The Danish…

World's First 16MW Offshore Wind Turbine Installed Offshore China

Jun 29, 2023

China Three Gorges Corporation said Wednesday it had installed the world's first 16MW offshore wind turbine, off the coast of Fujian, China.The news was also confirmed by the wind turbine maker Goldwind, which said: “On June 28, Goldwind successfully…

Itochu, Tokyo Gas Eye Bids for Japan's Offshore Wind Farm Auction

Jun 29, 2023

Itochu Corp, Tokyo Gas Co Ltd, and other companies are considering bidding in the second round of the Japanese government's auction of offshore wind power projects, the Nikkei business daily reported on Thursday. In December, Japan resumed public…

Environmental Groups Ask Norway Court to Halt Three Oil Developments

Jun 29, 2023

Environmental groups said on Thursday they had demanded an immediate halt to the ongoing development of three Norwegian offshore oilfields, seeking a court injunction against the country's government.Greenpeace and Nature and Youth said they…

Aker BP's Output to Reach 525,000 Barrels per Day by 2028, as Several Offshore Projects Approved

Jun 29, 2023

Norwegian oil and gas company  Aker BP said Wednesday that the Norwegian Ministry of Petroleum and Energy (MPE) had approved a total of Aker BP's nine plans for development and operation (PDOs) and one plan for installation and operation (PIO)The…

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