Energy News

 

TRIG Acquires Stake in Beatrice Offshore Wind Farm

Jan 19, 2021

London-listed investment firm The Renewables Infrastructure Group (TRIG)  has agreed to acquire an equity interest of 17.5% in Beatrice offshore wind farm in the UK from Copenhagen Infrastructure Partners ('CIP'). Beatrice is a 588MW offshore wind farm developed by SSE plc using Siemens turbines…

Solstad Nabs One-year Charter for Sea Forth PSV

Jan 19, 2021

Norwegian offshore vessel owner Solstad Offshore has won a contract for its platform supply vessel Sea Forth.Solstad Offshore said Tuesday that the vessel had won a term contract with an unnamed UK operator to support their assets in the UK North Sea…

Germany 'Regrets' U.S. Plan to Sanction Vessel Linked to Nord Stream 2 Pipeline

Jan 19, 2021

The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday…

Aker Horizons to Acquire 75% Stake in Mainstream Renewable Power

Jan 19, 2021

Norwegian renewable energy investment firm Aker Horizons has agreed to take a 75% stake in global wind and solar company Mainstream Renewable Power, in a deal valuing Mainstream at about 1 bln euros, Mainstream said on Tuesday.Mainstream said…

Wood, Spirit Energy Extending Life of Morecambe Bay Gas Fields

Jan 19, 2021

Energy services giant Wood has won a contract with oil firm Spirit Energy to provide late-life solutions for the Morecambe Bay gas fields, one of the UK’s largest gas accumulations.The five-year consolidated services contract is valued at $130 million…

Norway Offers 61 Offshore Licenses to 30 Oil Firms

Jan 19, 2021

Norway's energy ministry on Tuesday offered 61 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2020 (APA 2020) round to 31 oil companies.Minister of Petroleum and Energy, Tina Bru said the companies have…

Vår Energi Nets 10 Offshore Blocks in Norway

Jan 19, 2021

Norwegian oil company Vår Energi has said it has been awarded 10 new licenses (5 as operator) on the Norwegian Continental Shelf during the Awards in Predefined Areas for 2020. “We are pleased with the result. The new exploration licenses continue…

Altus, Archer Bag Wireline Services Deals with Equinor

Jan 19, 2021

Norwegian energy giant Equinor has awarded Altus Intervention and Archer Integrated Services framework contracts for supplying integrated wireline services within well intervention to Equinor’s fixed platforms. Altus Intervention will provide services at the Gina Krog…

Two LNG Tankers Bound for Australia's Prelude Facility Divert

Jan 19, 2021

Two liquefied natural gas (LNG) tankers that had initially signaled they would load at Royal Dutch Shell's Prelude floating LNG facility in Australia have diverted elsewhere, ship-tracking data showed on Tuesday.This comes just a week after…

Germany's Switch from Coal to Renewables: Gap to be Filled by Offshore Wind

Jan 18, 2021

German high-voltage grid operator Amprion is confident the country's planned switch to renewable energy can be mastered by its network, it said on Monday, rejecting claims that power supply could be at risk.Coal importers group VDKi last Friday…

Moray East Offshore Wind Farm: First Turbine Up, 99 More to Go

Jan 18, 2021

The first offshore wind turbine was installed last Friday at the Moray East offshore wind farm in the Moray Firth, Scotland.The first turbine installation comes just a few weeks after the Moray East consortium announced the completion of jacket…

Rovco Tapped for Subsea Services at Beatrice Wind Farm

Jan 18, 2021

Rovco, a UK-based provider of ROV and hydrographic services, has signed a contract to carry out work on offshore wind farm Beatrice, the Scottish largest operational offshore wind farm.  Rovco, which did not share the value of the contract,…

Nord Stream 2 Pipeline: Prep Work for Works in Danish Waters Can Go Ahead

Jan 18, 2021

The Russia-led Nord Stream 2 (NS2) consortium on Friday said preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go ahead, pointing to the latest notifications by the Danish Maritime Authority.Denmark's Nautiskinformation…

Shift to Renewables Eases Key Environmental Problems, EU says

Jan 18, 2021

Europe's shift from fossil fuel-based electricity to renewable sources has reduced environmental problems while also cutting the greenhouse gas emissions causing climate change, the European Environment Agency (EEA) said on Monday.Renewable…

China's 2020 Refinery Output Rises to Record. Offshore Oil Production Grows

Jan 18, 2021

China's refineries posted record throughput in 2020, processing 3% more crude oil than a year ago, as they took advantage of low prices and healthy margins on a quick rebound in domestic fuel demand from the coronavirus pandemic.Annual throughput stood at 674…

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