Industry News

 

Carbon Capture: Yinson Production and Azule Energy Partner for Green FPSO Solution

Oct 16, 2023

Malaysian FPSO leasing firm Yinson Production is piloting an offshore Carbon Capture and Storage (“CCS”) plant on FPSO Agogo in Angola, together with client Azule Energy, an Angolan BP-Eni joint venture.'The plant is the world’s first post-combustion carbon capture unit installed onboard an FPSO…

Lebanon's Offshore Exploration Hits a Snag: No Hydrocarbon Discovery in Block 9 - Reuters

Oct 13, 2023

No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told Reuters on Friday.Lebanon's energy minister and officials from the Lebanese Petroleum Administration declined to comment…

Certex UK Bags Work at World’s Largest Offshore Wind Farm

Oct 13, 2023

Certex UK’s Great Yarmouth-based Engineering Services Division has won a major framework to supply statutory inspection and maintenance services on Dogger Bank Wind Farm. The contract covers inspection and maintenance of cranes, personnel lifts…

Substantial Cable Contract Awarded for Poland's 1.2GW Offshore Wind Farm

Oct 13, 2023

DEME Offshore, with its consortium partners NKT and TFKable Group has said it has secured a substantial cable contract for Baltic Power, the first offshore wind farm to be constructed in Poland. This is also the first offshore wind project for DEME Offshore in Poland…

Van Oord Installs 62 Jacket Foundations at Saint-Brieuc Offshore Wind Farm

Oct 13, 2023

Dutch offshore installation firm Van Oord said Friday it had installed all 62 jacket foundations at the Saint-Brieuc offshore wind farm in France.The Saint-Brieuc offshore wind farm is being constructed in the Bay of Saint-Brieuc, 16.3 kilometers off the coast of Brittany…

VIDEO: Three Floating Wind Turbines Installed Offshore France

Oct 13, 2023

Dutch offshore energy industry specialist SBM Offshore said Thursday it had installed three floating wind units for the Provence Grand Large pilot project at their final location, 17 kilometers off the Port-Saint-Louis-du-Rhône, near Marseille…

BP Says Bid to Acquire Stake in Israel's NewMed on Track

Oct 13, 2023

BP and Abu Dhabi National Oil Co's (ADNOC) $2 billion bid to acquire a 50% stake in Israeli gas producer NewMed Energy remains on track, a BP executive has told investors.BP remained 'very optimistic' about the deal despite the escalation of…

FPSO Planned for Namibia's Offshore Oil Discoveries. First Oil Expected in 2030

Oct 13, 2023

Namibia expects the first oil from major offshore finds by 2030 and is considering a Floating Production Storage and Offloading (FPSO) platform to help it export the crude oil, its petroleum commissioner said on Wednesday.Namibia, which has yet to produce any oil and gas…

UK Regulator Greenlights North Sea Oil Field Farmout

Oct 13, 2023

Malaysian oil and gas company Hibiscus Petroleum has received UK regulator approval to acquire a stake in a UK North Sea license from Rapid Oil, as proposed in late August 2023.Hibiscus Petroleum's subsidiary Anasuria Hibiscus, and Ping Petroleum on August 30…

SBM Offshore Secures Fifth FPSO Contract in Guyana

Oct 13, 2023

Dutch firm SBM Offshore said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following…

Mozambique Attack Survivors File Complaint Against TotalEnergies

Oct 12, 2023

Survivors and relatives of victims of a 2021 insurgent attack in Mozambique have filed a complaint against TotalEnergies for negligence and indirect manslaughter, saying the company had failed to ensure the safety of subcontractors.TotalEnergies rejected the allegations…

Explainer - How Does Norway Export Its Natural Gas?

Oct 12, 2023

A gas pipeline and a data cable connecting Finland and Estonia under the Baltic Sea sustained damaged on Sunday due to 'outside activity' according to Helsinki, stoking concern over the security of energy supply in the region.Finland's neighbor Norway is Europe's largest gas exporter…

Poland and Norway Join Forces to Drive Innovation in Offshore Wind

Oct 12, 2023

Norwegian Offshore Wind, a Norway-based representative offshore wind body, has signed two agreements in the Polish offshore wind market.At Baltexpo event, the Polish Offshore Wind Energy Society (PTMEW) signed a collaboration agreement with Norwegian Offshore Wind…

Japan's Marubeni and Partners to Invest $12.3B in UK clean energy

Oct 12, 2023

Japan's Marubeni Corp has pledged to invest 10 billion pounds ($12.3 billion) with partners over the next decade in clean energy in the United Kingdom, according to a memorandum of understanding (MoU) signed on Wednesday. Marubeni and the UK government signed the MoU…

PHOTO: Giant Semi-Submersible Drilling Rig Leaves Norway aboard COSCO Heavy Lifter

Oct 12, 2023

COSCO SHIPPING Heavy Transport shared images on Wednesday of its semi-submersible heavy lift and transportation vessel carrying a massive semi-submersible drilling rig.The company, which specializes in the handling of heavy cargoes, did not…

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