Industry News

 

Denmark, Ukraine Expand Energy Cooperation

Apr 26, 2023

Denmark has signed a 5-year agreement with Ukraine to help the war-torn country rebuild destroyed wind capacity and strengthen its independence from Russia on energy, the Danish Climate Ministry said on Tuesday. 'The new 5-year collaboration…

Fred. Olsen Windcarrier to Install Turbines at Denmark's Largest Offshore Wind Farm

Apr 26, 2023

Offshore wind turbine installation company Fred. Olsen Windcarrier has won a firm contract with renewable energy firm RWE to install 72 offshore wind turbine generators (WTGs) at the 1GW Thor offshore wind farm in the Danish North Sea.For this project…

Shearwater Bags 4D Survey Offshore Cote d’Ivoire

Apr 26, 2023

Oslo-listed offshore seismic survey services firm Shearwater GeoServices has won a contract for 4D geophysical monitor survey contract in Cote d’Ivoire.Shearwater will use the SW Empress for the operation, which is expected to last approximately two months beginning in May 2023…

Plans Underway to Install Floating Wind Farm at Barents Sea Oil Field Site

Apr 26, 2023

Norwegian oil and gas company Vår Energi will collaborate with floating wind technology firm Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at its Goliat oil field in the Barents Sea, offshore Norway…

BOEM Seeks Public Input on Possible Offshore Wind Development in Gulf of Maine

Apr 25, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday invited public comment on possible commercial wind energy development in areas offshore Massachusetts, New Hampshire, and Maine.BOEM said the call represented an early step in the…

Norway's Eksfin Finances Nexans' New UK Export Cable Contract with Loan Guarantees

Apr 25, 2023

Export Finance Norway (Eksfin) has financed Nexans Norway’s new UK export cable contract with NOK 2bn (£155m) in loan guarantees.'The transaction covers the export and installation of advanced high-voltage subsea cables for the Moray West wind farm off the coast of Scotland…

Energy Firms in Germany Team Up for Sea-to-inland Hydrogen Route

Apr 25, 2023

Seven companies in Germany's energy sector said on Tuesday that they had formed an alliance to bring clean hydrogen from the seashore to centers of industrial consumption. Germany wants to build 10 gigawatts of green hydrogen capacity, made from solar and wind power…

Cadeler Signs "Very large" Contracts with Ørsted for Hornsea 3 Offshore Wind Farm

Apr 25, 2023

Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler…

Crew Transfer Vessel Arrives in Japan to Serve Ishikari Bay New Port Offshore Wind Project

Apr 25, 2023

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…

Halliburton Posts Higher Quarterly Profit on Strong Oilfield Services Demand

Apr 25, 2023

Halliburton Co reported a higher first-quarter profit on Tuesday, wrapping up upbeat earnings from the world's top oilfield services providers as higher oil prices encouraged drilling activity and boosted demand for services and equipment. Global…

Eni CEO and President of the Republic of the Congo Lay Foundation for Major Gas Project

Apr 25, 2023

The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, on Tuesday laid the foundation stone of Congo LNG.This will be the country's first natural gas liquefaction project,…

VIDEO: Well-Safe Solutions Installs Saturation Diving System on Well-Safe Guardian Rig

Apr 25, 2023

North Sea-focused well plugging and abandonment service provider Well-Safe Solutions has unveiled a D300 saturation diving system aboard its Well-Safe Guardian P&A rig.The custom-built dive spread, with capacity for up to 15 persons, enables…

Gazelle Says Its New Floating Wind Platform Reduces Costs and Environmental Impact

Apr 25, 2023

Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, is unveiling third-generation technology this week at a wind industry event in Denmark.The company said its enhanced design 'further refines Gazelle’s…

Shelf Drilling Lands $11M Offshore Drilling Rig Contract in Nigeria

Apr 25, 2023

Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…

Israel's Sovereign Wealth Fund Gets Full-time Manager

Apr 25, 2023

The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country's sovereign wealth fund which was set up in 2014 following the discovery of huge [offshore] natural gas deposits.After a four…

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