Energy News

 

Chevron Wraps Up Wheatstone Maintenance

May 17, 2022

Chevron Corp has completed maintenance work at its Wheatstone liquefied natural gas (LNG) plant, and the facility's two processing units, or trains, are now running, the operations head of its Australian business said on Tuesday.'We are still starting up our domgas (domestic gas) plant…

Bourbon to Install Eolmed Floating Wind Farm in Mediterranean Sea

May 17, 2022

French offshore vessel operator Bourbon has won a contract to support the construction of the Eolmed project, a recently sanctioned pilot floating wind farm in the Mediterranean Sea, offshore France.The wind farm, owned by Qair, TotalEnergies…

Bahrain State Oil Company to Appoint Financial Adviser, CEO Says

May 17, 2022

Bahrain's state oil firm nogaholding is in final talks to appoint a strategy consultant and financial adviser, its chief executive said on Monday, as the indebted country seeks to capitalize on high energy prices and sell or lease out assets…

Greencoat UK Wind to Pay $496.5M for 12.5% Stake in UK Offshore Wind Farm

May 17, 2022

Greencoat UK Wind has agreed to acquire a net 12.5% stake in Hornsea 1 offshore wind farm in the UK from Global Infrastructure Partners ('GIP') for £400 million (around $496.5 million). The acquisition is expected to complete in Q3 2022.Hornsea…

Equinor, Exxon Agree to Expand Brazil Offshore Oil Ops

May 17, 2022

Equinor and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters.The firms want to boost future production from the Bacalhau oil field, Equinor's largest…

Woodside Sees Slim Risk of Big Share Selloff by BHP Investors

May 17, 2022

Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Monday.Woodside shareholders are set…

Incident with Gas Cooler Cracks on Equinor's Troll C Platform Could've Caused a Major Gas Leak, PSA Says

May 16, 2022

An investigation by the Norwegian offshore oil and gas industry safety regulator into an incident involving the discovery of cracks in the outer shell of second-stage gas coolers on Equinor's Troll C offshore platform in Norway in October 2021…

Weatherford CFO Jennings to Leave in July

May 16, 2022

U.S. oilfield services company Weatherford International announced Monday that H. Keith Jennings, Executive Vice President and Chief Financial Officer, would leave the company on July 31, 2022. '[Jennings'] leaving the company is not the result…

Vantage Drilling's Q1 Loss Narrows. Sale of Jack-up Rig Trio to ADES to Close in Q2

May 16, 2022

Offshore drilling company Vantage Drilling International reported a net loss attributable to controlling interest of about  $14.9 million in the first quarter of 2022.For comparison, in the first quarter of last year, Vantage Drilling's net loss attributable to controlling interest was  $36…

CBED to Provide Accommodation Vessel for German North Sea Wind Farm Projects

May 16, 2022

Offshore accommodation company CBED has won a contract for its Wind Innovation vessel on the DanTysk and Sandbank offshore wind farms in the German North Sea.'With the operations and maintenance service contract with DanTysk Sandbank Offshore Wind GmbH & Co…

Well Integrity and P&A: HydraWell and READ Agree to Merge

May 16, 2022

Norway's HydraWell and UK-based READ have agreed to merge to create a well integrity specialist focused on late-life oilfield activities, including permanent plugging and abandonment of hydrocarbon wells.According to a statement issued Monday…

Israel Boosting Offshore Gas Output, Looks to Help Supply Europe

May 16, 2022

Israel is boosting offshore natural gas output and aims to reach a supply agreement with Europe in the coming months as the continent looks to replace the Russian supply.The country is on track in the next few years to double production to about…

Report: Shell's North Sea Gas Field Plan Set for 'Imminent' Approval

May 16, 2022

Shell’s revised plan for the development of the Jackdaw offshore gas field in the UK North Sea expected to be approved soon, according to a report by The Sunday Times.The Jackdaw is an ultra-high pressure/high-temperature gas condensate field in the Central North Sea…

Norway's Hammerfest LNG Plant Extends Outage

May 16, 2022

Norway's Hammerfest LNG plant is now expected to restart on May 23, six days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco and operator Equinor said on Monday.'During the weekend…

RWE Joins Race for Hollandse Kust West Wind Farms

May 16, 2022

German renewable energy company RWE said Monday it was taking part in the Dutch offshore wind tender for Hollandse Kust West (HKW).The news comes after the likes of BP, TotalEnergies, Orsted, Shell, and Eneco, announced their participation in the offshore wind tender…

Current News

North Sea Oil Supply Edges Lower

North Sea Oil Supply Edges Low

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Petrobras FPSO Initiates Búzio

China Received LNG Shipments from Sanctioned Russian Projects

China Received LNG Shipments f

Offshore Wind: Building the UK’s First Nearshore Artificial Nesting Structures

Offshore Wind: Building the UK

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