Offshore Energy News - page 210

 

Europe on Edge as Nord Stream Gas Pipeline Enters Planned Shutdown

Jul 11, 2022

The biggest single pipeline carrying Russian gas to Germany started annual maintenance on Monday, with flows expected to stop for ten days, but governments, markets, and companies are worried the shutdown might be extended due to war in Ukraine…

UK' Ofgem Proposes Reforms to Cut Reliance on Gas Imports

Jul 08, 2022

British energy regulator Ofgem is proposing reforms to wholesale electricity markets to reduce Britain's reliance on gas imports and accelerate the transition to low-carbon energy supply, it said on Friday.Last year, the government set out plans…

OBITUARY - Jose Eduardo dos Santos: Won Angola's War and Took the Spoils

Jul 08, 2022

José Eduardo dos Santos, who ruled Angola for nearly four decades, winning a brutal civil war and overseeing an oil-fuelled boom that did little to alleviate poverty, died on Friday. He was 79 years old.The presidency said Dos Santos died at the Barcelona Teknon clinic…

Eidesvik Offshore Bags 3-year Deal for Platform Supply Vessel

Jul 08, 2022

Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor…

Asia Spot LNG Prices Rise on Uncertainty over Nord Stream, Japan Supplies

Jul 08, 2022

Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance…

Vestas Installs First Turbine At Japan's First Commercial-scale Offshore Wind Farm

Jul 08, 2022

Offshore wind turbine maker Vestas has installed the first offshore wind turbine at the Akita Noshiro offshore wind project in Japan.This will be Japan’s first commercial-scale offshore wind project.Thirty-three V117-4.2MW turbines, totaling 140MW…

Harbour Energy's Biggest Shareholder Distributes Stake, Cuts It to 16%

Jul 08, 2022

Harbour Energy said on Friday that largest shareholder, EIG Asset Management, has distributed some of its stake in North Sea's biggest oil and gas producer to existing investors, resulting in a dilution in its holding to 16% from 37%.The share…

Norway Approves Aker BP's Frosk Field Development Plan. First Oil in 2023

Jul 08, 2022

The Norwegian Ministry of Petroleum has approved Aker BP's plan for the development and operation of the Frosk field in the Alvheim area, in the North Sea, offshore Norway.The Frosk field, discovered in 2019, is located around 25 kilometers southwest of the Alvheim FPSO…

Australia: Shell Ships LNG from Prelude FLNG Despite Staff Stoppages

Jul 08, 2022

Shell said on Friday it had loaded and shipped a cargo of liquefied natural gas (LNG) this week at its Prelude floating LNG facilityafter workers scaled-down industrial action at the site off northwestern Australia.The oil and gas giant slowed output at the 3…

Polish Oil Firm, Lithuanian LNG Terminal Operator In Baltic Offshore Wind Pact

Jul 08, 2022

Klaipėdos Nafta AB, Lithuanian operator of oil and liquefied natural gas (LNG) terminals, and the companies of the largest Polish oil group ORLEN, ORLEN Neptun I, and Energa Wytwarzanie, signed a letter of intent on the possibility of cooperation…

Tekmar Nets Offshore Wind Gig in Japan

Jul 08, 2022

Tekmar Group has secured a contract to provide an integrated engineering solution, including Cable Protection Systems ('CPS') and Cable Hang-Off Clamps, for an offshore wind farm project in Japan. The contract is expected to be delivered in 2023…

Saipem Hits 'Important' Offshore Wind Milestones in France, Taiwan

Jul 08, 2022

Italian energy services firm Saipem on Friday said it had reached important milestones in offshore wind, in relation to the Saint Brieuc project in France, and the Formosa 2 project in Taiwan.In France, Saipem said it has successfully completed…

Iberdrola Secures Financial Viability for 16 New UK Renewables Projects

Jul 08, 2022

Spanish power group Iberdrola will develop 16 new renewables projects in the UK after it secured their financial viability through contracts for difference (CfD) with the British government, the company said on Thursday.Through ScottishPower…

EXPLAINER: How Can Japan Secure Enough Gas if Sakhalin Supply Is Cut

Jul 08, 2022

Resource-poor Japan is facing a historic energy security risk as tensions with Moscow intensify, heightening the threat of gas supply disruptions at a time when global supply is tight and spot prices are sky-high.Last week, Russia seized full…

Decom Engineering Wins Contracts in UK North Sea and W. Africa

Jul 07, 2022

Northern Ireland-based Decom Engineering has said it has won two contracts worth more than £300,000 in the North Sea and offshore West Africa. strengthening their reputation as a leading provider of decommissioning services.The company said…

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