Offshore Energy News - page 451

 

Norway Pressing Ahead with Offshore Wind. Prepares First Tenders

Mar 29, 2021

Norway will press ahead with North Sea wind power this year, awarding its first development licenses as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply.The government has earmarked two areas in the North Sea for up to 4…

Neptune Revises Dugong Offshore Oil Discovery Size Estimate

Mar 29, 2021

Oil and gas exploration and production company Neptune Energy on Monday revised down the estimated size of its Dugong offshore oil discovery made last year in the Norwegian part of the North Sea.The company, which had previously estimated recoverable…

Woodmac: Wind Industry Could Install Around 1 TW of New Capacity by 2030

Mar 29, 2021

The global wind industry could install nearly 1 terawatt (TW) of new capacity between now and 2030, with much of that added by China, consultancy Wood Mackenzie said on Monday.China's target of having 1,200 GW of wind and solar by 2030 could result in 408 GW of new wind capacity from 2021 to 2030…

OHT Sees Uptick in Demand to Transport Offshore Wind Equipment to China

Mar 29, 2021

Oslo-listed Offshore Heavy Transport has said it has recently experienced an uptick in demand for the transportation of offshore wind equipment to China.'OHT’s fleet of semi-submersible heavy transportation vessels have been busy transporting offshore wind equipment to China…

Shell to Link Directors' Pay to Climate Performance

Mar 29, 2021

Royal Dutch Shell has proposed linking its directors' pay more closely to the group's climate performance and severing the link between bonuses and liquefied natural gas (LNG) production volumes, it said on Monday.The weighting of Shell's energy…

Australia's MMA Offshore Scores Offshore Wind Hat-trick in Taiwan

Mar 29, 2021

Australian offshore vessel operator MMA Offshore has secured three new contracts in the offshore wind market in Taiwan.The contracts are for the vessels MMA Pride, MMA Crystal, and MMA Responder.'These three contracts, with firm periods totaling 270 days…

Aker Offshore Wind, Hexicon Exploring Floating Wind Options in Sweden

Mar 29, 2021

Norway's Aker Offshore Wind and Swedish firm Hexicon have signed an agreement to jointly explore and realize floating wind opportunities offshore Sweden, that could generate 'several gigawatts' of renewable power.'The two companies have agreed…

Equinor Gets Green Light to Drill Barents Sea Well

Mar 29, 2021

Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…

AGR to Provide Specialist Personnel for OMV in Norway

Mar 29, 2021

Norwegian energy services firm AGR said Monday it had signed a 'Contract for Leased Personnel' with OMV Norway, a Norwegian subsidiary of Austria-based OMV.The contract for the provision of specialist personnel on the Norwegian Continental Shelf…

Sembcorp Marine, GE Firm Up $826M Sofia Offshore Wind Farm Contract

Mar 29, 2021

Singapore's Sembcorp Marine and GE Renewable Energy’s Grid Solutions have secured a firm contract from RWE Renewables for the supply to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia offshore wind farm…

Subsea 7 Forms Floating Wind JV with Simply Blue Energy

Mar 29, 2021

Offshore installation contractor Subsea 7 has entered into a joint venture with Ireland-based marine developer Simply Blue Energy, to further develop its Salamander floating wind farm concept, off the northeast coast of Scotland.'Salamander…

Oceanteam, Bourbon JV to Sell CSV Southern Ocean

Mar 26, 2021

Oceanteam Bourbon 4, a joint venture owned 50/50 by Oceanteam and Bourbon Offshore Norway, has entered into a memorandum of agreement regarding the sale of the vessel CSV Southern Ocean.The sale is made subject to customary conditions and is expected to be completed in April 2021…

European Investment Bank Grants $412M Loan for French Offshore Wind Farm Project

Mar 26, 2021

The European Investment Bank (EIB) has granted a €350 million (~$412 million) credit line to a consortium building a wind farm off the coast of Courseulles-sur-Mer in France. This financing, granted to the consortium made up of EDF Renouvelables…

Petrobras CFO, Others to Leave After Clashing with Incoming CEO's Plans

Mar 26, 2021

Petroleo Brasileiro SA’s chief financial officer and three other top executives decided to leave the state-controlled producer after clashing with plans of the company’s incoming chief executive, a person close to the executives said.Topics…

Mexican Regulator to Decide on Zama Field Unitization

Mar 26, 2021

Following reports Thursday that the U.S. oil firm Talos and Mexico's Pemex have not managed to reach a deal on how to share the giant Zama field found by Talos in 2017, the confirmation came Friday from Talos.Talos Energy said that the unitization…

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