Energy News

 

Reuters: Repsol in Talks to Sell 25% of Oil and Gas Unit to EIG

Jun 07, 2022

EIG Global Energy Partners is in early discussions with Repsol to buy a slice of the Spanish company's oil and gas exploration and production business, three sources with knowledge of the matter told Reuters.The U.S. fund is seeking to purchase up to 25% of Repsol's so-called upstream business…

Israel-Lebanon Sea Boundary Row Obstructs Energy Development

Jun 07, 2022

A dispute between Israel and Lebanon over their maritime boundary has obstructed energy exploration in the eastern Mediterranean and risks exacerbating tensions between two foes.After months of deadlock in U.S.-mediated talks, Beirut on Sunday warned against any activity in the disputed area…

Transocean Bags Nine Well Drilling Rig Deal with Equinor

Jun 07, 2022

Offshore drilling contractor Transocean has won a contract extension with Equinor for the harsh environment semi-submersible drilling rig Transocean Spitsbergen for work offshore Norway.Equinor has added nine more wells to the rig contract, and two one-well options…

Indigenous Australians Seek to Block $3.6 billion Santos Offshore Gas project

Jun 07, 2022

A group of Indigenous Australians has filed a lawsuit seeking to stop Santos Ltd from developing a $3.6 billion gas project off northern Australia, saying they were not consulted about the drilling.Traditional land owners from the Tiwi Islands…

Third Unaoil Bribery Offender Launches Appeal Against Conviction

Jun 06, 2022

A third man jailed in Britain for bribery over oil deals in Iraq is appealing his conviction after two co-defendants had guilty verdicts quashed in the case prosecuted by the UK Serious Fraud Office (SFO).A lawyer for Stephen Whiteley, a 66…

ConocoPhillips, PGNiG Get Safety Approvals to Drill Offshore Wells in Norway

Jun 06, 2022

U.S. oil company ConocoPhillips and Polish firm PGNiG last Friday received consents from the Petroleum Safety Authority Norway to drill their respective exploration wells offshore Norway.ConocoPhillips received approval to drill the Lamba exploration well in block 25/7 in the North Sea…

Lebanon to Invite U.S. Envoy for Maritime Talks After Spat with Israel

Jun 06, 2022

Lebanon said on Monday it would invite a U.S. mediator to Beirut to continue negotiations over a disputed maritime boundary with Israel to prevent any escalation after accusing Israel of encroaching on contested waters.The issue flared up on…

New CEO for Australia's First Offshore Wind Farm Project

Jun 06, 2022

Charles Rattray has been appointed the CEO of Star of the South, Australia’s first planned offshore wind project, and will start his role in August.Rattray was previously the Managing Director of Nexif Energy, where he oversaw energy projects…

Report: Impact Oil & Gas Eyeing Sale of Stake in Namibian Offshore Block Containing Venus-1X Discovery

Jun 06, 2022

Impact Oil & Gas is considering selling its 20% stake in a large block in deep water off the coast of Namibia where TotalEnergies made a significant oil discovery this year, four industry sources told Reuters.Impact, which is privately owned and focused on exploration in Africa…

Crown Estate Doubles Funding for Program Aimed at Enabling Coexistence of Offshore Wind and Marine Environment

Jun 06, 2022

The Crown Estate for England, Wales, and Northern Ireland said Monday it has committed £50million (around $62,7 million) to enable the coexistence of offshore wind farms with a thriving marine environment.Since the launch of the UK Government’s…

Timken Bearings for GE's Giant Haliade-X Offshore Wind Turbines

Jun 06, 2022

The Timken Company said Monday it was designing and supplying main shaft bearings for GE Renewable Energy's Haliade-X, the world's most powerful offshore wind turbine.Each Haliade-X turbine will have a capacity of up to 14 MW and be able to generate up to 74 GWh of clean energy a year…

VIDEO: First Hywind Tampen Floating Wind Turbine Reaches Offshore Site

Jun 06, 2022

Norwegian energy giant Equinor said Monday that the first of 11 floating wind turbines that will make up its Hywind Tampen floating wind farm in the Norwegian North Sea, had reached the offshore location.As Offshore Engineer reported last week…

China's Dajin to Build Monopiles for Moray West Offshore Wind Farm in UK

Jun 06, 2022

China's Dajin Heavy Industry has signed a binding contract for the construction and delivery of XXL monopiles for the 860MW Moray West offshore wind farm in the UK.According to Dajin, the XXL Monopiles will be 'one of the largest to be installed…

VAALCO Energy Makes Offshore Discovery in Gabon

Jun 06, 2022

VAALCO Energy on Monday announced the successful drilling of the South Tchibala 1HB-ST well, offshore Gabon. The well was drilled from the Avouma platform in the Etame field, offshore Gabon.  The company said it had discovered significant columns of multiple hydrocarbon-bearing sands in the Dentale…

Lebanon Warns Against Any Israeli 'aggression' in Disputed Waters as Energean Power FPSO Reaches Karish Field

Jun 06, 2022

Lebanon warned Israel on Sunday against any 'aggressive action' in disputed waters where both states hope to develop offshore energy, after a ship arrived off the coast to produce gas for Israel.President Michel Aoun said any activity in the…

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