International Energy Agency (IEA) head Fatih Birol said on Thursday that energy markets could be tighter in 2023, adding he hoped prices would not rise further in order to ease the pressure on energy-importing developing countries.'I wouldn't be too relaxed about the markets…
Höegh LNG said Thursday it had signed a binding 10-year charter with the German government for the supply of the floating storage and regasification unit (FSRU) Hoegh Gannet.The FSRU vessel will be based at the Deutsche Energy Terminal GmbH-run Elbehafen LNG project in Brunsbüttel…
The British North Sea's biggest oil and gas producer Harbour Energy told its staff that it plans job cuts in the wake of a windfall tax imposed on the sector last year, the company said on Wednesday.The jobs would be cut in Harbour Energy's headquarters in the North Sea hub of Aberdeen…
Following the news on Wednesday that Crest Wind, a joint venture between Crowley and ESVAGT, is set to build a service operation vessel for operations in the U.S. offshore wind sector, the partners have now selected a shipbuilder for the SOV construction…
Guyana's upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe, according to people familiar with the matter, even as the government continues to work out terms for the auction.The South…
Swift Anchors, a UK-based company that develops anchoring solutions for the global offshore energy (floating wind, floating solar, tidal and wave) and aquaculture industries, is looking for new engineers to join its team. The company said that…
Dutch offshore survey firm Fugro said Wednesday it had received a 'sizeable' contract from Petronas Carigali Brunei, for the Kelidang Cluster gas field development project.Under the contract, Fugro will carry out various site characterization…
Indonesia's oil and gas lifting last year came in below target due to unplanned shutdowns and maturing blocks, but exploration and production investment is poised to take off, the country's upstream regulator SKK Migas said on Wednesday.Indonesia's crude oil lifting stood at 612…
Offshore transport firm CHC Helicopter Group (CHC), has agreed to sell Offshore Helicopter Services UK (OHS UK) to Ultimate Aviation Group, a South African headquartered international aviation business for an undisclosed fee.CHC is selling OHS…
The first liquefied natural gas (LNG) tanker to berth at Shell's Prelude floating LNG site off Western Australia since it was shut down after a fire has begun loading, Refinitiv data shows.The Methane Becki Anne vessel berthed at the Prelude plant on Jan…
Over the last few weeks, we have seen three announcements by Chinese OEMs of 18-megawatt (MW) turbines. CSSC Haizhuang announced the H260-18MW turbine with a 260-meter rotor diameter. Mingyang Smart Energy has announced its new MySE 18X-28X turbine…
The U.S. National Transportation Safety Board has released a preliminary report on the December 29, 2022, fatal helicopter crash near a Gulf of Mexico oil platform. One pilot and three passengers died in the incident.'On December 29, 2022, about 0834 central standard time…
U.S. maritime services company Crowley and Danish offshore service company ESVAGT will jointly build and operate a service operations vessel (SOV) under a long-term charter with Siemens Gamesa Renewable Energy. The vessel will serve in the U…
Three60 Energy said Tuesday it had won a contract with Crogga Limited to drill an appraisal well in the Crogga gas field offshore the Isle of Man. If the well proves successful, it has the potential to provide energy independence to the Isle of Man by 2026…
Norway's Statkraft and Denmark's Copenhagen Infrastructure Partners (CIP) have partnered up to develop up to 2.2 gigawatts of offshore wind in Ireland. This partnership will see CIP acquire a 50% stake in Statkraft’s offshore wind portfolio in Ireland…