Energy News

 

GateHouse Maritime's Technology to Protect Baltic Sea Pipeline

Mar 11, 2021

Maritime analytics and data company GateHouse Maritime has won a contract with the Polish gas transmission system operator GAZ-SYSTEMS, to monitor traffic near the Baltic Pipe Project offshore pipeline in the Baltic Sea, making sure that vessels do not accidentally damage it…

Report: Nigeria Awards Tenders for 57 Marginal Oilfields

Mar 11, 2021

Nigeria's petroleum regulator has provisionally awarded tenders to develop 57 of its marginal oilfields, four sources familiar with the matter told Reuters, which could net the government $500 million in signature bonuses.Provisional award letters…

Australia Gets Center for Oil and Gas Infrastructure Decommissioning

Mar 11, 2021

National Energy Resources Australia (NERA) has established what it calls The Centre of Decommissioning Australia (CODA), citing 'a much-needed collaborative effort to address the challenges and maximize the opportunities of decommissioning Australia’s aging oil and gas infrastructure…

Shell CEO's 2020 Pay Package Drops 42% to $7M

Mar 11, 2021

Royal Dutch Shell Chief Executive Ben van Beurden's pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to a historic dividend cut following a collapse in profits.Van Beurden,…

Romania's OMV Petrom Takes Hold of Offshore Block in Georgian Black Sea

Mar 11, 2021

Romanian oil and gas company OMV Petrom has signed the production sharing contract for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.OMV Petrom won in June 2020 the international tender organized by the Ministry…

GE to Open Offshore Wind Turbine Blade Construction Facility in UK

Mar 11, 2021

GE Renewable Energy said Wednesday it would open a new blade manufacturing facility in Teesside in the North East of England. GE's subsidiary LM Wind Power plans to set up and operate this plant which will be dedicated to the production of its 107-meter- long offshore wind turbine blades…

UK to Invest $132M in New Offshore Wind Services Facilities

Mar 11, 2021

Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000 jobs in the north of England, the government said on Wednesday.Able Marine Energy Park…

Five-Year Deal: EnerMech to Service Chevron's Oil and Gas Facilities in Australia

Mar 10, 2021

UK-based oilfield services company EnerMech has won a five-year contract with Chevron to provide a range of integrated services to the U.S oil giant's Western Australian oil and gas facilities.  The deal will see EnerMech continue to deliver pipeline services including pipe cleaning…

Insulation Firm Kaefer Looking to Sell Minority Stake

Mar 10, 2021

German industrial insulation specialist Kaefer is exploring a sale of a minority stake, as it seeks to cope with fallout from the COVID-19 pandemic and low oil prices and to bolster its finances for future expansion, people close to the matter said…

Aker Solutions Names EVP for Sustainability

Mar 10, 2021

Norwegian offshore energy services company Aker Solutions has appointed Marianne Hagen has been appointed executive vice president for sustainability and communications in a push to expand its work on sustainability.'Last year, Aker Solutions…

Liebherr Ships First Main Crane Components for OHT's Alfa Lift Installation Vessel

Mar 10, 2021

Crane specialist Liebherr has informed that important components for a giant crane to be installed aboard OHT's Alfa Lift offshore wind foundation installation vessel, have departed from Germany and are now en route to China where the vessel is being built…

Equinor Awards Long-term Frame Deals to Seismic Players PGS and Shearwater

Mar 10, 2021

Offshore seismic survey contractors PGS and Shearwater GeoServices have been awarded framework agreements with Equinor for 4D towed streamer seismic acquisition on the Norwegian continental shelf (NCS) in what Equinor said was a new way of working with seismic contractors…

Siemens Gamesa Picks Cadeler to Transport and Install Giant 14MW Offshore Wind Turbines

Mar 10, 2021

Offshore wind installation company Cadeler said Wednesday it had won the largest contract in its history.Cadeler, previously known as Swire Blue Ocean, said that offshore wind turbine maker Siemens Gamesa had awarded Cadeler a contract of valued at around $90 million…

Equinor Strikes Oil Near Johan Castberg Field in Barents Sea

Mar 10, 2021

Equinor and its partners Vår Energi and Petoro have discovered oil at an exploration well near the Johan Castberg development in the Barents Sea.Recoverable resources at the well - formally known as well 7220/7-4 - in production licence 532…

Biden to Review Future of Federal Oil Leasing Program

Mar 09, 2021

The U.S. Interior Department announced Tuesday it will launch its review of the federal oil and gas leasing program on March 25, a key step that will determine whether the Biden administration will permanently halt new leases on federal land and water…

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