Energy News

 

Carnegie Wins European Wave Energy Deal

Dec 08, 2021

Australian wave energy tech firm Carnegie Clean Energy has been selected to receive a contract under the EuropeWave Pre-Commercial Procurement (PCP) program via its subsidiary CETO Wave Energy Ireland Limited.EuropeWave PCP is a competitive…

DSME Orders Wärtsilä Thrusters for Eneti's WTIV

Dec 08, 2021

Finland-based marine technology company Wärtsilä will supply the seven thrusters for Eneti's new Wind Turbine Installation Vessel (WTIV) being built at the Daewoo Shipbuilding & Marine yard in South Korea.'By providing outstanding thrust, robust station-keeping capability…

Equinor Increases Stake in Statfjord Area

Dec 08, 2021

Norwegian oil and gas firm Equinor has agreed to buy all of Spirit Energy’s production licenses in the Statfjord area which spreads across the Norwegian and UK Continental Shelves.The Statfjord area is developed through three integrated production platforms (Statfjord A…

Sval Energi Buys Spirit Energy's Norwegian Operations

Dec 08, 2021

HitecVision-backed Norwegian oil firm Sval Energi has signed an agreement with Spirit Energy to acquire the majority of Spirit Energy’s Norwegian operations and assets in a transaction valued at $1,026 million.According to Sval Energi, the transaction…

Trinidad to Offer Onshore, Shallow-water Blocks in 2022 Auction

Dec 08, 2021

Trinidad and Tobago next year plans to launch bidding rounds for onshore and shallow-water areas on top of last week's launch of an auction of 17 deepwater oil and gas blocks, the nation's energy minister told Reuters.The Caribbean country, which is among the region's top producers of natural gas…

Woodside to invest $5B in New Energy by 2030

Dec 08, 2021

Australia's Woodside Petroleum Ltd plans to invest $5 billion by 2030 mainly in hydrogen, in line with a global push for cleaner energy, armed with cash flow from its planned merger with BHP Group's petroleum arm.Woodside Chief Executive Meg O'Neill outlined her energy transition plan on Wednesday…

Equinor Opens New York Offshore Wind Project Office

Dec 07, 2021

Norwegian energy firm Equinor on Tuesday announced the opening of the New York offshore wind project office, located in Sunset Park’s Industry City neighborhood near the South Brooklyn Marine Terminal.The project office will serve as the hub…

ICMS Installs CTV Pontoon for Scotland’s Largest Offshore Wind Farm

Dec 07, 2021

Inland and Coastal Marina Systems (ICMS) said Tuesday it had installed a new 30-meter pontoon for the Montrose Port Authority to service the Seagreen Offshore Wind Farm, Scotland’s largest wind farm.The new 30m x 4.4m pontoon will allow safe…

Blighter's Radars to Protect Oil Platforms Offshore W. Africa

Dec 07, 2021

UK-based designer and manufacturer of electronic-scanning radars and surveillance solutions Blighter Surveillance System has said it has won a contract to provide its C400 series onshore and offshore installation security radars to protect a…

Saudi Aramco Awards Three Offshore EPCI Contracts to McDermott

Dec 07, 2021

Offshore construction and installation company McDermott has secured three new deals with Saudi oil giant Saudi Aramco.The contracts are for engineering, procurement, construction, and installation (EPCI) projects in Saudi waters.'In total,…

Nova Innovation Gets UK Gov't Support for Rapid Tidal Turbine Deployment Solution

Dec 07, 2021

Tidal energy firm Nova Innovation is set to receive an £800,000 investment from the UK Government, through the Energy Entrepreneurs Fund, to develop a low-cost, rapid turbine deployment and recovery solution that could unlock 100GW of tidal energy resources worldwide…

Study: Scotland Could Become Leader in Construction of Concrete Foundations for Floating Wind Farms

Dec 07, 2021

Scotland could become a world leader in producing low-carbon concrete foundations for floating offshore wind farms, a study funded by renewable energy giant RWE has found.According to RWE, the study identified potential business opportunities…

Angola: Chevron Extends Offshore Block 0 Concession through 2050

Dec 07, 2021

U.S. oil major Chevron said Monday its Angolan affiliate Cabinda Gulf Oil Company Limited (CABGOC) had secured an extension of the Block 0 concession, offshore Cabinda province, in Angola.The agreement extends the concession for 20 years, through 2050…

Wood Bags Engineering Services Work on Aramco's Giant Offshore Oil Fields

Dec 07, 2021

Energy industry engineering services firm Wood said Tuesday it had secured a multi-million dollar contract with Saudi Aramco.The contract, of unspecified value, is for the delivery of engineering and project management services for the Safaniyah and Manifa oil fields in the Kingdom of Saudi Arabia…

Global Oil CEOs Stress Need for Oil and Gas Despite Clean Energy Push

Dec 07, 2021

A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come.The World Petroleum Conference's…

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