Energy News

 

Lukoil Sees Oil Output Returning to Pre-Pandemic Levels in 2023

Nov 24, 2021

Lukoil, Russia's second-biggest oil producer, plans to produce 83 million to 84 million tonnes of oil a year in Russia over the next three years, with output returning to pre-pandemic levels in 2023, it said on Wednesday.The company, which earlier…

Offshore Wind: Power Offtake Deals Struck for Dogger Bank Phase 3

Nov 24, 2021

SSE Renewables and Equinor, the joint venture partners co-developing the 3.6GW Dogger Bank Wind Farm in the North Sea, have signed 15-year offtake Power Purchase Agreements (PPAs) for the third phase of Dogger Bank -  the world’s largest offshore…

UK Announces 'Biggest' Investment in Tidal Power

Nov 24, 2021

The UK Government on Wednesday announced its 'biggest investment in a generation' into Britain’s tidal power. The UK government will invest £20 million per year in Tidal Stream electricity as part of its renewable energy auction scheme.  'UK…

GE's LM Wind Power to Produce Zero-waste Wind Turbine Blades by 2030

Nov 24, 2021

GE Renewable Energy's LM Wind Power said this week it planned to produce zero waste wind turbine blades by 2030.'LM Wind Power will play a central role in supporting its customers to develop fully circular wind turbines that generate less waste during their production…

Australia: Flotation Energy Gets $2.3M from Victorian Gov't for Seadragon Offshore Wind Farm

Nov 24, 2021

Flotation Energy has secured $2.3 million in Australia from the Victorian Government Energy Innovation Fund for its planned 1.5 GW Seadragon offshore wind farm in Gippsland, Victoria. The proposed 1.5GW bottom fixed Seadragon offshore wind project…

United Oil & Gas Gets More Time at Offshore License in Jamaica

Nov 24, 2021

Oil and gas company United Oil & Gas (UOG) has won a two-year extension from the government of Jamaica for the Walton Morant Licence offshore Jamaica. The license will now run to January 31, 2024. United Oil & Gas was last year has been assigned…

Tekmar Energy to Protect Cables at Parkwind's German Offshore Wind Farm

Nov 24, 2021

Tekmar Energy has won a contract with Global Offshore to supply Cable Protection Systems (CPS) for the Arcadis Ost 1 offshore wind farm in Germany.Arcadis Ost 1 is a 257 MW offshore wind project developed by Parkwind. The project will be located in the Baltic Sea…

PGS Wins 4D Seismic Survey Gig in North Sea

Nov 24, 2021

Norwegian marine seismic data acquisition firm PGS has won a 4D survey contract in the North Sea.The company said Wednesday that a Ramform Titan-class vessel was scheduled to start the acquisition in early August of 2022 and complete it in mid-September…

Norway: Funding Granted for Deep-sea Mineral Core Sampling Tech

Nov 24, 2021

Adepth Minerals, a Norwegian deep-sea mineral exploration firm, has received a NOK 11.7 million (about $1,3 million) grant from Innovation Norway, triggering investment in FlexiCore technology and enabling the collection of deep-sea mineral core samples in 2022…

U.S. Energy Secretary: Firms Making Huge Profits, Should Increase Oil Supply

Nov 24, 2021

U.S. Energy Secretary Jennifer Granholm on Tuesday urged U.S. energy companies to increase oil supply amid 'enormous profits' as President Joe Biden seeks to bring down the price of gasoline for American families.Granholm said the oil and gas…

U.S., Global Partners Challenge OPEC+ with Coordinated Release of Oil From Reserves

Nov 23, 2021

The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude…

India: ONGC Awards Shelf Drilling Rig a Three-year Deal

Nov 23, 2021

Shallow water drilling contractor Shelf Drilling has secured a three-year contract for one of its jack-up rigs in India.The contract, with India's national oil company ONGC, is for the Ron Tappmeyer jack-up drilling unit, for offshore operations in Indian waters…

Cairn, Deltic Wrap 3D Seismic Survey Over North Sea Block

Nov 23, 2021

North Sea-focused oil and gas firm Deltic Energy has informed that the 3D seismic survey over offshore Licence P2428 and surrounding areas in the UK North Sea has now been completed. Deltic said the data from the survey would be key to de-risking future drilling on the license…

Denmark Signs Offshore Wind Power Link Deals with Germany and Belgium

Nov 23, 2021

Danish grid operator Energinet signed deals on Tuesday with Belgium's Elia and Germany's 50Hertz that move Denmark closer to building two sea links connecting its offshore wind turbines to Germany and Belgium to boost the flow of green energy in the region…

UTEC Uses Sonardyne’s Fusion 2 Software to Support Offshore Project in Australia

Nov 23, 2021

UTEC, a company providing survey, positioning, and data services in the offshore energy world, has deployed Sonardyne’s Fusion 2 software and associated hardware to support offshore construction in Australia.Combined long baseline (LBL) acoustic…

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