Energy News

 

Lime Petroleum Gets Approval to Buy Repsol's Brage Field Stake (Norway)

Dec 16, 2021

Oil and gas company Lime Petroleum received approval from the Norwegian authorities to acquire Repsol’s 33.8434 stake in the Brage field in the North Sea, offshore Norway.'With this approval, the acquisition is expected to be completed by December 31…

Viaro Energy Sells Foinaven Field Stake to BP

Dec 16, 2021

Viaro Energy's subsidiary Rockrose UKCS 10 Ltd has struck a deal to sell its 28% non-operated stake in the Foinaven offshore oil field, west of Shetland, to BP.The Foinaven oil field sits 190 kilometers west of Shetland in water depths of between 350 and 520 meters and is operated by BP…

Offshore Wind: DEME Offshore to Install Inter-Array Cables at Dogger Bank C

Dec 16, 2021

Belgium-based DEME Offshore has won a contract to deliver and install inter-array cables at the Dogger Bank C offshore wind farm in the UK.Dogger Bank C is the third phase of the 3.6 GW Dogger Bank Wind Farm which will be the world's largest offshore wind farm once fully complete…

Five Firms Seek to Develop CO2 Storage off Norway

Dec 15, 2021

Five companies have applied to build carbon dioxide (CO2) storage on the Norwegian continental shelf, the country's oil and energy ministry said on Wednesday.The ministry proposed in September two offshore areas, one in the North Sea and one in the Arctic Barents Sea…

Brazil: Helix Energy Solutions Wins One-year Charter Extension for 'Siem Helix 2'

Dec 15, 2021

U.S.-based Helix Energy Solutions Group has secured an extension of its well intervention charter and services contracts with Brazil's Petrobras for the Siem Helix 2 well intervention vessel.'The initial four-year contract for the Siem Helix…

UK: BP Awards FEED Contracts for Teesside Power, Carbon Capture and Compression Project

Dec 15, 2021

BP – the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) – has awarded contracts as part of its dual Front End Engineering Design (FEED) competition to two separate consortiums of engineering, carbon capture licensors…

Tidal Power: Orbital Eyes Multi-device Deployment Across UK

Dec 15, 2021

UK-based tidal energy technology firm Orbital said Wednesday it would qualify multiple applications for submission into the UK Government’s Allocation Round 4 (AR4) of the Contracts for Difference (CfD) scheme.'Following a series of good news stories for tidal energy commercialization in 2021…

Oil Plus to Develop Maintenance Strategy for DeNovo's Trinidad Offshore Platform

Dec 15, 2021

Oilfield consultancy company Oil Plus has said it has won a deal to develop the maintenance strategy and program for DeNovo’s renewable energy powered Zandolie platform, located offshore western Trinidad.The unmanned gas producing installation…

OGUK Urges Offshore Workers to Get a Jab as Omicron Cases Keep Rising

Dec 15, 2021

OGUK, a UK-based association representing the country's offshore oil and gas industry, has given a 'strong recommendation' for offshore workers to get fully vaccinated against COVID as omicron cases continue to rise.The association, through its Pandemic Steering Group…

Eni, CIP in Polish Offshore Wind Push

Dec 15, 2021

Italian energy group Eni has extended an agreement with investment fund Copenhagen Infrastructure Partners (CIP) to develop offshore wind in Poland, the companies said.In a joint statement on Wednesday, Eni and CIP said they would apply for…

Maersk Supply Service to Install Gazelle's Floating Wind Platform in Canary Islands

Dec 15, 2021

Ireland-based floating wind platform company Gazelle Wind Power has partnered up with the Danish offshore support vessel owner Maersk Supply Service to support the development of a 2 MW floating wind pilot plant in the Canary Islands.The project…

Aker BP to Tie Back Hanz Discovery to Ivar Aasen Platform

Dec 15, 2021

Norwegian oil and gas company Aker BP has sanctioned the development of the Hanz discovery in the Norwegian part of the North Sea. 'The project has matured a solution involving reuse of existing infrastructure, which both strengthens project economics and minimizes the environmental footprint…

AqualisBraemar LOC Acquires OSD-IMT's UK Ops

Dec 15, 2021

Energy and marine consultancy AqualisBraemar LOC Group has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard Group.OSD-IMT is a specialist consultancy in ship design for new build…

Reuters: Equinor Seeks $1B from Martin Linge Field Stake Sale

Dec 14, 2021

Norwegian energy group Equinor plans to sell a stake in its Martin Linge oilfield in the North Sea, hoping to raise more than $1 billion, industry and banking sources told Reuters.The sale is aimed at reducing Equinor's large stake in the field…

Long Term Charter for Solstad Platform Supplier in UK

Dec 14, 2021

Norwegian offshore vessel owner Solstad Offshore has won a long-term contract for one of its platform supply vessels in the UK.The vessel has been contracted for one year, with further extension options included for up to two years. The contract…

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