Energy News

 

Gallery: Heerema's Sleipnir Installs Premier Oil's Tolmount Platform in North Sea

Oct 15, 2020

Heerema Marine Contractors has completed the installation of Premier Oil's Tolmount platform in the UK North Sea, using its giant semi-submersible crane vessel, the Sleipnir.As part of the project in the Southern North Sea, Heerema installed the 2…

OKEA Gets OK to Buy Equinor's Aurora Gas Find

Oct 15, 2020

Norwegian oil and gas company OKEA has received approval to acquire offshore blocks in the North Sea in Norway containing the Aurora gas discovery.OKEA announced the agreement to buy Equinor’s 40% operated working interest in PL195 and PL195 B…

Turkey: Erdogan to Reveal Total Size of Black Sea Gas Discovery

Oct 15, 2020

Turkish President Tayyip Erdogan said on Wednesday he will announce the total size of gas reserves found in the country's largest-ever discovery when he visits a drillship in the Black Sea on Saturday.In August, Erdogan hailed the discovery of a 320 billion cubic meter (bcm) (11…

Microsoft Joins Norwegian Offshore Carbon Capture Project

Oct 15, 2020

Microsoft has signed an agreement with the Norwegian oil and gas giant Equinor to explore ways to support the Northern Lights carbon capture and storage (CCS) project which will store CO2 2,600 meters below the seabed offshore Norway.Microsoft…

USA: Dominion Energy's 12MW Offshore Wind Farm Ready to Enter Service

Oct 14, 2020

Dominion Energy has said that its two-turbine, 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project, offshore Virginia Beach, successfully completed reliability testing and is ready to enter commercial service and deliver electricity to Virginia customers…

Don’t Go Chasing (Deep) Waterfalls: The Future of Drillship Financing

Oct 14, 2020

The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies International.The future of offshore deepwater investment is under the microscope…

Norway: Pandemic May Have Caused a Rise in Offshore Incidents, Safety Watchdog Says

Oct 14, 2020

The Norwegian offshore oil and gas safety body PSA Norway has launched a probe into another offshore incident and has warned that the coronavirus pandemic may have lead to a hike in the number of serious incidents, and a record number of PSA investigations - eleven so far this year…

ABB's Batteries for KNOT Shuttle Tankers

Oct 14, 2020

ABB has won a contract to equip KNOT's shuttle tankers with battery technology and other electric solutions, with the aim of making the vessels fuel-efficient and reducing emissions. Once complete, the shuttle tankers will go on a charter with Norwegian oil company Var Energi…

Wood Wins $75M Mariner Field Deal with Equinor

Oct 14, 2020

Engineering services giant Wood has secured a contract to support Equinor's operations at the Mariner field in the UK Continental Shelf (UKCS).Under the three-year deal, Wood will deliver operations, maintenance, modifications, and offshore…

U.S. Urges Turkey to Halt Controversial Seismic Activities in Mediterranean

Oct 14, 2020

The United States on Tuesday slammed Turkey's renewed push to send a vessel to carry out seismic surveys in the eastern Mediterranean, accusing Ankara of unilaterally stoking tensions and 'deliberately' complicating the resumption of talks with Greece…

BP to Start Shipping Gas from Azerbaijan to Europe by Year-end

Oct 14, 2020

Oil major BP has confirmed plans to start shipping natural gas from Azerbaijan to Europe by the end of the year, as concerns about the military conflict over the Nagorno-Karabakh region have heightened.Armenia and Azerbaijan have been involved…

Petrobras Taps Oceaneering for BOP Tethering Services

Oct 13, 2020

Subsea services provider Oceaneering has been awarded a BOP tethering services contract offshore Brazil with the Brazilian oil firm Petrobras.The scope of work under the contract includes data acquisition and real-time riser analysis for dynamic…

DNV GL Inspects Aker BP's Offshore Cranes Remotely

Oct 13, 2020

Maritime classification and services company DNV GL led a pilot project with the Norwegian oil firm Aker BP to remotely inspect three offshore cranes on the Norwegian Continental Shelf.DNV GL performed remote safety inspections of one box boom…

IEA: Pandemic Could Delay Energy Demand Recovery. Upstream Spending to Grow

Oct 13, 2020

A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday.In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023…

Eni Seeks Arbitration in Nigeria Offshore Oil Block Dispute

Oct 13, 2020

Eni has filed a request for arbitration against Nigeria at the World Bank's dispute settlement body and plans to argue that the country's failure to allow it to exploit an oilfield it acquired with Royal Dutch Shell nearly a decade ago breaches their investment agreement…

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