Offshore Energy News - page 153

 

Germany Completes Construction of LNG Terminal

Nov 16, 2022

Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas. 'The new LNG landing place is a big step towards a secure energy supply…

OKEA Cuts 2023 Output Guidance Due to Issues with Wintershall-operated Nova Field

Nov 16, 2022

The Norwegian oil and gas company OKEA cut its output guidance for 2023 on the back of the news that the Wintershall Dea Norge-operated Nova field offshore Norway may have limited production next year.The Nova subsea field, sits about 120 kilometers northwest of the city of Bergen…

Commonwealth Wind Moves Forward with Mass. Offshore Wind Deal

Nov 16, 2022

Commonwealth Wind said late Monday it will move forward with a submitted but not yet approved power purchase agreement with Massachusetts electric companies and its 1,232-megawatt offshore wind project.Commonwealth made its announcement after…

Kent to Provide Structural Integrity Analysis for INEOS North Sea Platforms

Nov 16, 2022

Kent, an energy services company, said on Wednesday that INEOS UK SNS Ltd. had awarded it a three-year framework contract for structural integrity analysis modeling services.Kent will support the safe and sustainable structural integrity management…

Brazil: Enauta Brings Atlanta Field Well Online After Interruption

Nov 16, 2022

The Brazilian oil company Enauta has announced that production has resumed from one of the wells at its Atlanta offshore oil field in Brazil following a recent interruption.On November 7, informing of the output interruption, Enauta said that…

BP Says It Is Paying More Tax as it Profit Increases

Nov 16, 2022

BP is paying more tax as it is making more profit, its UK head Louise Kingham told the Reuters Energy Transition Europe 2022 event on Wednesday.'It's right that (the government) should think about how they protect the most vulnerable and taxation is not for companies to determine…

Siemens Energy Gets Boost from Record Orders

Nov 16, 2022

Siemens Energy on Wednesday reported a record order backlog of nearly 100 billion euros ($104 billion), boosting its shares and overshadowing a widening net loss blamed on its struggling wind turbine division, Siemens Gamesa. Siemens Energy…

Petronas Wants to Join Abadi LNG project - Indonesian regulator

Nov 16, 2022

Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…

Saipem Expands Jack-up Rig Fleet with Another CIMC Unit

Nov 16, 2022

Ocean Challenger, the asset management company owned by the Chinese offshore rig builder CIMC, said Wednesday it 'has tied new knots' with the Italian energy services firm Saipem to deploy the 300-foot jack-up rig Gulf Driller IV in the Middle East…

Odfjell Technology, Serica Energy Agree Bruce Platform Services Extension

Nov 16, 2022

UK North Sea-focused oil and gas company Serica Energy has extended its contract with Odfjell Technology for the provision of storage, preservation, maintenance, and drilling services on the North Sea Bruce platform.Kurt Meinert Fjell, Odfjell Technology…

Jan De Nul Crew Rescues 15 Refugees in the Mediterranean Sea

Nov 16, 2022

Offshore installation services firm Jan De Nul said Wednesday it had recently rescued 15 people drifting on a sloop in the Mediterranean Sea, offshore Algeria.'During a sea journey from Turkey to Belgium, Jan De Nul crew on board the offshore…

Tullow Oil Narrows Output Forecast Range, Cuts Capex Estimate

Nov 16, 2022

Tullow Oil narrowed its annual production forecast range and cut capital investment expenditure estimate on Wednesday, as the West Africa-focused oil producer attempts to bring down costs after two strategic wells returned disappointing results…

Neptune Energy Hits Hydrocarbons at Calypso Well Off Norway

Nov 16, 2022

Oil and gas company Neptune Energy said Wednesday it had found hydrocarbons in the Calypso exploration well in the Norwegian Sea. The well is located within the Neptune-operated PL938 license.'Having entered the reservoir, logs proved the presence of hydrocarbons…

EU Supports COP27 Call to Phase Down All Fossil Fuels

Nov 15, 2022

The European Union supports a call by India to phase down fossil fuel use as part of a COP27 deal, the bloc's climate policy chief Frans Timmermans said on Tuesday, provided it does not weaken previous agreements on reducing the use of coal…

Japan to Resume Offshore Wind Lease Sales in December with Revised Rules

Nov 15, 2022

Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry ministry said on Tuesday…

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