Energy News

 

SRJ Technologies to Buy STATS Group

Dec 14, 2021

ASX-listed SRJ Technologies Group plc has struck a deal to buy the UK-based oilfield services firm STATS.STATS said Tuesday that its shareholders had executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies…

Offshore Mooring Firm FMS Bags Contract with P&A Specialist Well-Safe Solutions

Dec 14, 2021

Aberdeen-based offshore moorings specialist First Marine Solutions (FMS) has said it has secured a 'seven-figure' contract with offshore well-decommissioning firm Well-Safe Solutions.Under the deal, FMS will provide marine consultancy services…

JF Subtech Wraps Subsea IRM work on Ithaca Energy's North Sea Platform

Dec 14, 2021

James Fisher Subtech (JF Subtech), a provider of specialist technical marine support to the offshore energy industry, said Tuesday it had completed a subsea inspection, repair, and maintenance project on Ithaca Energy UK North Sea platform.The…

ABS Launches Floating Production Life Extension Guide

Dec 14, 2021

American Bureau of Shipping has further developed its approach to aging offshore assets with the publication of the Guide for Life Extension of Floating Production Installations.ABS said that the guidance supported operators looking to extend…

Strohm Delivers TCP with Integrated Weight Coating to Trident in E. Guinea

Dec 14, 2021

Thermoplastic Composite Pipe (TCP) maker Strohm has informed it has developed and manufactured a TCP with an integrated weight coating 'which offers clients on-bottom stability for its game-changing technology.'The first fully bonded 2,5-inch ID…

Output from Petrobras' Manati Offshore Gas Field Shut Down Again

Dec 14, 2021

Brazilian oil firm Petrobras has informed that gas production from its Manati offshore gas field in Brazil, was halted due to the closure of the subsea valve of the export pipeline. In a separate statement, Petrobras partner Enauta said the…

ABS Grants AiP for Bassoe Technology's Floating Wind Turbine Foundation

Dec 14, 2021

American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) to Bassoe Technology for its T-Floater floating wind turbine foundation design. The foundation is designed to carry a 10 MW turbine in the harsh conditions of the North Sea…

Santos Takes Over Oil Search. Names CFO

Dec 13, 2021

Santos Ltd on Monday named a new chief financial officer in its first move since sealing its $6 billion takeover of Oil Search, who will play a key role in selling stakes in assets in Papua New Guinea and Alaska.Santos promoted Anthea McKinnell…

Offshore Wind: Marine License Granted for Seagreen 1A Proposal

Dec 13, 2021

UK-based renewable energy giant SSE said Monday that its Seagreen 1A  offshore wind farm proposal had achieved a significant milestone after Scottish Government Ministers consented to its Marine Licence application.The Marine Licence covers the offshore elements of the project…

Lukoil to Buy 9.99% in Shah Deniz and Not 15.5% as Partners Exercise Pre-emptive Rights

Dec 13, 2021

Russian oil firm Lukoil will acquire a 9.99% percent in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas and not 15.5% as agreed originally in October, as other partners in the field, BP and Socar…

UK Gov't Grants Planning Consent for Vattenfall’s 1.8 GW Offshore Wind Farm

Dec 13, 2021

The UK Government on Friday awarded planning consent for Vattenfall’s 1.8 GW Norfolk Boreas offshore wind farm. The project is part of Vattenfall’s proposed Norfolk Zone and will produce electricity equivalent to the annual consumption of around 2 million UK homes…

SeaBird Gets Termination Notice for OBN Source Vessel Contract

Dec 13, 2021

Marine seismic firm SeaBird Exploration, a subsidiary of seabed minerals-focused Green Energy Group, said Friday it had received notice of termination regarding work for the Fulmar Explorer vessel.SeaBird in October said it had entered into…

UK Launches $376.9M a Year Renewables Auction Round

Dec 13, 2021

Britain on Monday opened applications for its biggest renewable energy auction round to date, offering 285 million pounds ($376.97 million) in funding to help deliver on its climate targets, the government said. 'By generating more renewable energy in the UK…

Ocean Power Technologies Names New CFO

Dec 13, 2021

Ocean Power Technologies has appointed Robert P. (Bob) Powers as Senior Vice President and Chief  Financial Officer, effective December 13, 2021.Powers brings more than 25 years of experience in finance and strategy to OPT, most recently as CFO of Constellation Advisors…

Can We Still be Friends? Shell Sends Parting Note to Dutch Prime Minister

Dec 13, 2021

On the day that shareholders of Royal Dutch Shell PLC voted to move the company's headquarters to London from The Hague, the company sent a letter to the Dutch prime minister to soften the blow.Signed by Shell CEO Ben van Beurden, the letter…

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