Energy News

 

Report: Waldorf Production Nears $1B Deal for ONE-Dyas North Sea Assets

Feb 11, 2022

Waldorf Production is nearing a deal to acquire oil and gas assets in the British and Dutch North Sea from ONE-Dyas for more than $1 billion, industry sources said on Friday.Under the terms of the emerging deal, private equity-backed Waldorf…

Macron Bets on Nuclear, Promises More Offshore Wind, Solar

Feb 11, 2022

France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country's drive for carbon neutrality by 2050.Macron said the new plants would…

Renewables Assignments for Solstad's CSV Trio

Feb 11, 2022

Norwegian offshore support vessel owner Solstad Offshore ASA has found work for three construction support vessels, apparently all in the renewables space.Normand Australis has secured a 150-day contract for “Walk to Work” services on an offshore wind project in Asia…

India: L&T Wins Two Offshore Projects from 'Prestigious' Client

Feb 11, 2022

Indian industrial services company Larsen & Toubro (L&T) said Thursday that its Hydrocarbon branch had won two offshore projects from 'a prestigious overseas client.'The scope of work comprises Engineering, Procurement, Construction, Installation…

UK Grants Planning Consent for Vattenfall's 1.8GW Offshore Wind Farm

Feb 11, 2022

The UK Government has awarded planning consent for Vattenfall’s 1.8 GW Norfolk Vanguard offshore wind farm, meaning that both projects in Vattenfall’s proposed Norfolk Offshore Wind Zone have now been approved.According to Vattenfall, the zone…

Semco Maritime to Spruce Up 'Floatel Superior'

Feb 11, 2022

Offshore accommodation rig provider Floatel International has awarded a contract to Semco Maritime for service work on the semi-submersible accommodation unit Floatel Superior.Semco said that the harsh environment accommodation rig is expected to dock at Hanøytangen in Norway…

Solstad Offshore Sells Two AHTS Vessels

Feb 11, 2022

Norwegian offshore vessel owner Solstad Offshore has this week sold two anchor handling tug and supply vessels, in line with its objective to reduce fleet size to a level of 80-90 vesselsThrough its subsidiary Solstad Rederi AS, the company sold the AHTS Normand Master and Normand Mariner…

Heerema's Giant Crane Vessel Sleipnir to Install LNG BCM on INPEX's Ichthys Explorer Platform

Feb 11, 2022

Dutch offshore installation company Heerema Marine Contractors has been selected by Japan's INPEX as a contractor of choice for the transport and installation of the 4,800 metric ton Ichthys LNG Booster Compression Module (BCM), offshore W. Australia…

Safe Concordia Flotel Stays with BP in Trinidad

Feb 11, 2022

BP Trinidad and Tobago has chartered the Safe Concordia offshore accommodation rig from Prosafe, to provide gangway-connected operations at Cassia C offshore platform in Trinidad. The contract will last around 160 days and will be a straight…

Very Large Order Intake: Aker Solutions in Maintenance and Modifications Extension with Equinor

Feb 11, 2022

Norwegian energy industry services provider Aker Solutions has won a three-year contract extension to a maintenance and modifications frame agreement it has with Equinor.'The agreement for work on oil and gas installations offshore Norway represents a very large order intake for Aker Solutions…

Ørsted Completes Sale of Borkum Riffgrund 3 OWF Stake to Glennmont

Feb 10, 2022

Denmark-based offshore wind developer Ørsted has completed the sale of a 50% stake in the 900MW Borkum Riffgrund 3 offshore wind farm in Germany.The deal, with funds managed by Glennmontpartners, was first announced in October 2021. Ørsted at…

Eni Wraps Acquisition of 20% in 1.2 GW Dogger Bank C Offshore Wind Farm

Feb 10, 2022

Italian oil and gas company Eni has completed the acquisition of a 20% stake in total from SSE Renewables and Equinor in the 1.2 GW Dogger Bank C offshore wind farm, in the UK.SSE Renewables said Thursday it had completed the sale of its 10% interest to Italy's Eni…

Thailand Deploys Ships to Contain Second Oil Leak Off East Coast

Feb 10, 2022

Ships were deployed in Thailand on Thursday to contain a fresh oil spill off its eastern coast, authorities said, two weeks after an undersea pipeline leak in the same area damaged coastal communities and marine life.The pipeline, owned by Star Petroleum Refining Public Company (SPRC)…

SBM Offshore's Profit Forecast 'a touch light', Shares Dive

Feb 10, 2022

SBM Offshore shares dived on Thursday after the Dutch oil and gas services company's cautious guidance disappointed the market despite full-year results meeting expectations.For 2022, the group expects revenue to amount to more than $3.1 billion and earnings before interest…

Equinor Gets OK for Veslefrikk Platform Disposal

Feb 10, 2022

Norwegian oil and gas company Equinor has received consent from Norway's oil and gas industry safety body the Petroleum Safety Authority (PSA) for disposal of the facilities on the Veslefrikk field in the North Sea.'Equinor has applied to the…

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