Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas. FSRUs increasingly are in demand to fill the gap.Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas, citing a desire to avoid contributing to Russia's budget, avoid paying for gas in roubles as Russia demands, and diversify their gas supply alternatives…
Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years…
Dutch offshore installation company Heerema Marine Contractors has signed a contract with Acteon's offshore pile-driving operating subsidiary MENCK for the provision of two of the world’s largest hammers to support offshore wind installation activities in Taiwan…
Tekmar Energy has said it has won contracts to provide cable protection systems for two offshore wind farm projects located in the coastal province of Guangdong in southeast China.Under the contracts with unnamed clients, Tekmar Energy will…
Germany-based MENCK, an Acteon offshore engineering firm specializing in hydraulic pile-driving services, has delivered a 175-ton ram weight to its Singapore premises.The ram weight is part of an MHU3500S hydraulic hammer to be assembled in…
BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.Here are some highlights from the report which can be downloaded here* Primary energy consumption rose by 1…
Oil market analysts must make sense of a bewildering array of statistics about production, consumption and inventories, compiled and published with varying definitions and degrees of accuracy and timeliness.The challenge is to form an accurate…
German Rail (Deutsche Bahn – DB) has closed Germany’s first power purchase agreement (PPA) to buy electricity from an offshore wind farm.German Rail has signed a five-year deal starting in 2024 to buy the output of 25MW, or 8%, of the 295MW…
German railway company Deutsche Bahn AG (DB) will be purchasing about 8% of the total production of the 295-MW Nordsee Ost offshore wind farm from 2024.Deutsche Bahn will continue to steadily increase its purchase of electricity from renewable energy sources in the coming years…
The European transmission system operator TenneT, German utilities company EnBW and offshore wind specialist Ørsted have formed an alliance with the aim of implementing new connection concept for offshore wind farms and converter platforms in the German North Sea…
Germany's Siemens AG said that it has won a deal to supply two converter stations for the first high-voltage direct current (HVDC) link between the UK and Denmark.Viking Link will enable the exchange of up to 1400MW of electricity to provide…
The Nord Stream 2, export gas pipeline running from Russia to Europe across the Baltic Sea, is 75% complete, the project's operator, Nord Stream 2 AG, said in a statement.A total of 1,855 kilometers of the Nord Stream 2 pipeline were built along the bottom of the Baltic Sea in the waters of Russia…
The last Nord Stream 2 pipe stored within the premises of the port of Karlshamn left the storage area. Russia’s Nord Stream 2 AG is the operator of the Nord Stream 2 gas pipeline project.Nearly 39,000 pipes have transited through the port since October 7…
A U.S. Senate committee passed a bill on Wednesday to slap sanctions on companies and individuals involved in building the Nord Stream 2 pipeline from Russia to Germany that the Trump administration says would strengthen Moscow's economic grip on Europe…
UK-based Neptune Energy has agreed to acquire interests from Wintershall Dea in certain oil and gas fields in the Emsland and Grafschaft Bentheim regions in Germany.With this agreement, Neptune will increase its existing interest in the Bramberge…