Energy News

 

DNV GL Gives Nod for Heerema's Silent Offshore Installation Concepts

Jan 21, 2021

Heerema Marine Contractors' concepts for the silent installation of offshore facilities' foundations have received a Statement of Feasibility from the global quality assurance firm DNV GL.Heerema has been working on developing 'silent foundations'…

Kongsberg to Deliver Positioning and Monitoring Equipment for World's Largest Floating Wind Farm

Jan 21, 2021

Norwegian maritime equipment and technology company Kongsberg Maritime has won a contract to deliver key positioning and monitoring equipment to Equinor’s Hywind Tampen floating wind farm in Norway. The contract was signed with engineering firm Wood…

EnQuest Completes Bressay Field Stake Buy

Jan 21, 2021

London-listed oil firm EnQuest has completed the acquisition from Equinor of a 40.8125% interest in the Bressay oil field development on the UK continental shelf. It has also become the operator of the project.As a result, EnQuest has a 40.81%…

Energean Sanctions $235M Subsea Tieback Project in Egypt

Jan 21, 2021

Oil and gas company Energean on Thursday announced that Final Investment Decision has been taken on the North El Amriya and North Idkunea (“NEA/NI”) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered…

Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry

Jan 20, 2021

U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming…

Offshore Energy Can Unify and Kickstart Biden’s Priorities -NOIA

Jan 20, 2021

Erik Milito, president of industry group National Ocean Industries Association (NOIA), issued the following statement after the inauguration of Joseph Biden as the 46th President of the United States of America:“The National Ocean Industries…

Germany Surpassed Its Offshore Wind Targets in 2020

Jan 20, 2021

Germany boosted its offshore wind power capacity last year, topping its own targets, as Europe's largest economy drives its push into renewables, data from grid company TenneT GmbH showed on Wednesday.The Berlin government has raised offshore capacity targets to 20…

Survey: UK Subsea Industry Shows Signs of Optimism

Jan 20, 2021

Subsea industry supply chain companies in the UK are looking a bit more optimistic, with an improved outlook, less redundancies, and more work in offshore wind expected in the near future, a survey by industry body Subsea UK has shown.Subsea…

Oil Rises Above $56 on U.S. Stimulus Hopes ahead of Biden Inauguration

Jan 20, 2021

Oil rose above $56 a barrel on Wednesday, supported by expectations the new U.S. administration will deliver massive stimulus spending that would lift demand, as well as by OPEC curbs and forecasts of a drop in U.S. crude inventories.U.S. Treasury…

Everfuel to Offtake Green Hydrogen from Ørsted's H2RES Project

Jan 20, 2021

Danish firm Everfuel has signed a contract with Ørsted for the offtake and distribution of green hydrogen to zero-emission mobility, produced at the H2RES demonstration project on Avedøre Holme in Copenhagen, Denmark for which a final investment decision was made Wednesday…

Heerema to Build Jacket for Hollandse Kust (noord) Offshore Wind Farm Substation

Jan 20, 2021

Dutch offshore construction firm Heerema Fabrication Group (HFG) has signed a contract with Iemants (part of Smulders) to construct the offshore transformer substation jacket for the Hollandse Kust (noord) offshore wind farm.The construction will occur at the HFG Vlissingen yard…

FAR, Woodside Sign Senegal Assets Sale Deal

Jan 20, 2021

Australian oil and gas company FAR has executed the sale agreement with Woodside for its interest in the Senegal RSSD Project to Australia's Woodside.FAR had agreed to sell its Senegal interests, containing the Sangomar development, to India's ONGC Videsh in November 2020…

Ørsted Reaches FID on Green Hydrogen Project in Denmark

Jan 20, 2021

Danish offshore wind farm developer Ørsted has taken a final investment decision on the renewable hydrogen demonstration project at Avedøre Holme in Copenhagen, which will use offshore wind energy to produce green hydrogen.The project is expected…

Two Offshore Workers Charged over U.S. Gulf of Mexico Oil Spills

Jan 20, 2021

Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shutdowns.The two were indicted Tuesday for spills in 2015 and 2018…

Poland: State-run Utilities Shedding Coal to Invest in Offshore Wind

Jan 19, 2021

Polish state-run utilities PGE Enea and Tauron, which generate most of their electricity from coal, will have their coal assets carved out to boost their offshore wind investment, the deputy state assets minister said on Monday.Poland generates…

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