Energy News

 

Wärtsilä to Make CBO Flamengo Brazil's First PSV Fitted with a Battery Pack

Nov 11, 2020

Brazilian offshore support vessel operator CBO has tasked maritime equipment manufacturer Wärtsilä, based in Finland, to convert one of its offshore vessels to operate with hybrid propulsion. The vessel selected for the upgrade is the 2012-built platform supply vessel CBO Flamengo…

NOV Energy Recovery System for Offshore Rigs Gets Corvus ESS

Nov 11, 2020

Corvus Energy, energy storage solutions provider for the offshore energy industry has been selected by National Oilwell Varco (NOV) to supply the Energy Storage System (ESS) to be used on an offshore drilling rig.Corvus will deliver its ESS…

UK: Sparrows in 5-Year Offshore Inspection Services Deal

Nov 11, 2020

Offshore engineering and maintenance solutions provider Sparrows Group has said it has won a five-year contract with a major UK Continental Shelf operator to provide inspection services across all its assets in the region.The company, which didn't reveal the identity of the client said…

Iran Says it Exported as Much as 700,000 bpd of Oil Since March

Nov 11, 2020

Iran's oil exports averaged 600,000 to 700,000 barrels per day (bpd) since March despite U.S. sanctions on its energy industry, an Iranian official said on Wednesday, far exceeding estimates by agencies monitoring the country's crude sales.One…

Equinor Awards Supply Bases Services Contracts Worth $155M

Nov 11, 2020

Norwegian energy firm Equinor has awarded Norsea Group, Saga Fjordbase, and ASCO Norge contracts for services at supply bases in Norway. The contracts are awarded on behalf of Equinor operated licenses on the Norwegian continental shelf.Peggy Krantz-Underland…

Eni, HitecVision Form Offshore Wind Firm in Norway

Nov 11, 2020

Italian oil giant Eni and the Norwegian energy investment firm HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market…

Woodside Targets Infrastructure Asset Sales to Raise Funds for Scarborough

Nov 11, 2020

Australia's Woodside [Energy] has changed tack on plans to sell assets to help fund its $11 billion Scarborough gas project, now targeting infrastructure investors instead of energy companies amid a slump in oil and gas prices.Woodside said…

Chrysaor Files Application for Offshore CO2 Storage License

Nov 10, 2020

Chrysaor, a UK-North Sea focused oil and gas company, has tendered a license application for the purpose of storing CO2, and will, in parallel, seek agreement for a storage lease with The Crown Estate for the storage of CO2 in a depleted Southern North Sea gas reservoir…

Video: Recent Developments Driving Offshore Wind Markets

Nov 10, 2020

World Energy Reports' Phillip Lewis discusses recent developments driving global offshore wind markets, including booming activity in the U.S., plans for new, larger installation vessels and advances in floating turbine technology.

Qatar: Heerema Installs Topsides at Al-Shaheen Gallaf 1 Project

Nov 10, 2020

Dutch offshore installation firm Heerema Marine Contractors has said that its heavy lift vessel Aegir has completed the installation of North Oil Company’s Al-Shaheen Gallaf 1 Project.Heerema was contracted for the transportation and installation…

McDermott Bags Booster Compression Module FEED for Ichthys Platform

Nov 10, 2020

Offshore engineering and construction firm McDermott has won a contract to provide front end engineering and design (FEED) services for the INPEX-operated Ichthys Liquified Natural Gas Field Development, off Australia.The contract is for a booster compression module FEED with optional engineering…

DNV GL Releases Class Rules for Floating Offshore Wind

Nov 10, 2020

The floating offshore wind industry, currently at its beginnings, is set for massive growth in the years to come, which has now led the classification society DNV GL to released the first integrated rule set for floating offshore wind structures…

Energean’s Gas Reserves Off Israel Get a Boost

Nov 10, 2020

Mediterranean-focused oil and gas firm Energean said Tuesday the size estimate of its gas fields off Israel has been increased to 729 MMboe, following the completion of an independent Competent Persons Report by DeGolyer and MacNaughton.The CPR report which certifies 98…

EDPR and Engie Launch U.S. Offshore Wind JV

Nov 10, 2020

Renewable energy companies EDP Renewables and Engie, which in July combined their existing and planned offshore wind efforts to form a new company, Ocean Winds (OW), have now launched the U.S. arm of this new company: OW North America.OW CEO…

Aker BP Extends Term for Stril Mariner ERRV

Nov 10, 2020

Norway's Simon Møkster Shipping has won a new contract for its Stril Mariner offshore vessel.The contract, starting this month, is with the Norwegian oil company Aker BP. The vessel is expected to stay with Aker BP for three months.Stril Mariner…

Current News

Gulf Marine Contractors Names Finstad Executive VP

Gulf Marine Contractors Names Finstad Executive VP

Tokyo Gas Joins Chiba Offshore Wind Partnership

Tokyo Gas Joins Chiba Offshore Wind Partnership

PetroVietnam Says Annual Output Unaffected by COVID-19

PetroVietnam Says Annual Output Unaffected by COVID-19

Moray East Offshore Wind Farm Jacket Transport Completed

Moray East Offshore Wind Farm Jacket Transport Completed

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