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RWE's Awel y Môr Offshore Wind Farm Moves to Next Phase

May 26, 2022

RWE Renewables has informed that Awel y Môr offshore wind farm, which could provide power for up to 500,000  homes, has passed a key milestone after proposals were submitted to, and accepted for consideration by the UK Planning Inspectorate…

Equinor Plans Investment Decision on S. Korea Floating Offshore Wind Farm in 2024

May 26, 2022

Norway's Equinor plans to make a final investment decision on what would be its first offshore wind farm in South Korea as early as 2024, and is now considering a third, larger project in the country, the head of its local unit said.'We are…

Norway: Offshore Safety Body Investigating Gas Leak at Statfjord B Platform

May 26, 2022

The Petroleum Safety Authority Norway (PSA), the Norwegian offshore oil and gas safety watchdog, has launched an investigation into an incident involving a gas leak on Equinor-operated Statfjord B platform in the North Sea, off Norway. According to the PSA…

Shell in Talks with Indian Consortium to Sell Russian LNG Plant Stake

May 26, 2022

Shell in talks with Indian consortium to sell Russian LNG plant stake -sourcesShell seeks to sell 27.5% stake in Sakhalin-2 plantShell in talks with group of several Indian firms -sources Shell also seeking bids for LNG, oil supply contracts…

Challenger Energy Gets Offshore Exploration License in Uruguay

May 26, 2022

Challenger Energy, the company previously known as the Bahamas Petroleum Company, has formally signed a license agreement for the AREA OFF-1 petroleum license offshore Uruguay.The AREA OFF-1 license has a total area of approximately 15,000 km2 and is situated in water depths from 20 to 1000 meters…

Minesto Deploys Dragon Class Tidal Kite in Faroe Islands

May 26, 2022

Tidal energy developer Minesto has this week launched its first Dragon Class tidal kite in Vestmanna, Faroe Islands, and has started producing electricity.'[Minesto] has now successfully completed the first week of commissioning including satisfactory…

TechnipFMC Bags 'Significant' EPCI Deal with Equinor Offshore Norway

May 26, 2022

Oilfield services giant TechnipFMC said Thursday it had secured a contract with Equinor for work on the Halten East development offshore Norway.TechnipFMC said the contract was a significant one, which for TechnipFMC means it is worth between $75 million and $250 million…

Energean Power FPSO to Reach Israel in Early June. First Gas in Q3

May 26, 2022

Oil and gas company Energean said Thursday that the first gas from its Karish gas development in the Mediterranean Sea, offshore Israel, was expected to start flowing in the third quarter of 2022.The company said that the Energean Power FPSO…

Tekmar to Deliver Cable Protection Systems for U.S. Wind Farm

May 26, 2022

Tekmar Group said Wednesday it had won a significant new contract to provide an integrated engineering solution, including Cable Protection Systems ('CPS'), for an offshore wind farm project in the U.S.The contract is expected to be delivered in 2023…

Exxon, Chevron Shareholders Back Energy Transition Plans

May 26, 2022

Shareholders of Exxon Mobil Corp and Chevron Corp on Wednesday voted in favor of the energy transition strategies proposed by the two largest U.S. oil producers, following similar support of European oil firms' climate plans.Major oil producers…

UK Regulator Set to Approve Shell's North Sea Gas Project

May 26, 2022

A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on environmental grounds, three sources told Reuters.Shell released in March its updated…

Schroeder Throws in Towel as German Industry Clings on to Russian Gas

May 26, 2022

Gerhard Schroeder has backed off from taking a top role at Russian energy giant Gazprom, dealing a setback to Germany's gas lobby as it seeks to keep the energy lifeline from Russia open.The former German chancellor played a critical role in…

Danish Fund Buys into Norwegian Offshore Wind Support Vessel Firm

May 25, 2022

Danish investment fund Navigare Capital Partners will become a shareholder in Norwind Offshore, an offshore wind-focused vessel company established in Norway in 2021.Navigare Capital Partners specializes in investments in maritime assets. 'The…

Inmarsat's 3-in-1 Network Solution Helps Norwegian Offshore Vessel Owner Meet Needs of Charterers and Crew

May 25, 2022

Norwegian owner and operator of offshore service vessels Golden Energy Offshore is deploying Inmarsat’s Fleet LTE service to meet the growing data requirements of modern offshore operations and support sustainability.Headquartered in Ålesund…

Norwegian Software Venture Targets Rising Risks of Cyber Attacks on Industrial Assets

May 25, 2022

Norwegian firms Telenor, Aker ASA and Cognite say a new software security company they plan to launch this year will help companies protect their industrial assets from an increased cyber-attack risk since Russia's invasion of Ukraine.'More and more (industrial) objects (are) being connected…

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TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

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