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Israel and Four Arab States Discuss Energy Sector

Jan 15, 2021

Israel's energy minister held a video conference call with his counterparts in the United Arab Emirates, Morocco, Sudan, and Bahrain for the first time on Thursday, according to a statement from his office.The Israeli minister, Yuval Steinitz…

Two Die in Incident Aboard BW Offshore FPSO in Ivory Coast

Jan 15, 2021

Two people died Thursday in an incident aboard BW Offshore's FPSO Espoir Ivoirien, offshore the Ivory Coast, the FPSO owner has informed.'At 13:30 local time today, an incident occurred whilst work was being performed in a cargo tank onboard…

Dana Petroleum Terminates Maersk Drilling Rig Deal

Jan 15, 2021

Oil company Dana Petroleum has terminated a contract for the use of a Maersk Drilling rig in Denmark.The one-well contract was initially expected to start in May 2020.However, the two companies then in October 2020 said the contract start-up for the yet to be nominated rig would be deferred…

Ex-Petrofac Exec Pleads Guilty to Bribery Offenses

Jan 15, 2021

Update: Petrofac's statement included below the original articleFormer senior Petrofac Ltd executive David Lufkin pleaded guilty at Westminster Magistrates' Court on Thursday to three further bribery offenses in relation to oil deals in United Arab Emirates (UAE)…

Shell, Exxon Seek $2.55B in Dutch Subsidies for CO2 Storage

Jan 15, 2021

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday…

Alcatel Submarine Networks Bags Northern Lights, Breidablikk Deals with Equinor

Jan 14, 2021

Alcatel Submarine Networks, part of Nokia, has this month signed deals with Equinor to deliver submarine cables for subsea control infrastructure for the Northern Lights CCS project as well as for the Breidablikk offshore development.The Northern…

Report: Nord Stream 2 Set to Resume Pipelaying Works in Danish Waters

Jan 14, 2021

The Russia-led Nord Stream 2 consortium said on Thursday that work to lay its subsea gas pipeline to Germany would resume in Danish waters on Jan. 15, the TASS news agency reported, despite pressure from the United States for construction to stop…

U.S. Blacklists China's CNOOC over South China Sea Actions

Jan 14, 2021

The Trump administration added China’s CNOOC to a U.S. economic blacklist on Thursday, accusing the oil giant of helping Beijing intimidate neighbors in the South China Sea and ratcheting up tension days before U.S. President-elect Joe Biden takes office…

SIMEC Atlantis Energy Names New CEO

Jan 14, 2021

Tidal energy developer SIMEC Atlantis Energy has appointed Graham Reid as the new Chief Executive Officer and a Director of Atlantis.He will take over from Tim Cornelius who has agreed to take up a new role as a Senior Adviser to the Group and…

Equinor, Moss Maritime Testing Floating Solar in Rough Waters

Jan 14, 2021

Equinor, Norway's largest oil firm, increasingly involved in renewables such as offshore wind and floating wind, is now looking to add floating solar to its portfolio.The company said Thursday it would, together with Moss Maritime, start testing floating solar off the island of Frøya…

Norway: NPD Cuts 2021-2023 Oil Output Forecast

Jan 14, 2021

Norway's oil industry regulator has cut its 2021-2023 crude production forecasts, it said on Thursday, although output is still on track to grow significantly as new fields are brought on stream.The Norwegian Petroleum Directorate (NPD) expects oil production to grow by 3…

BIMCO: Zero Tonnes of Saudi Crude Oil Imported by the US

Jan 14, 2021

In the seven days up to 1 January 2021, the US did not record any crude oil imports from Saudi Arabia. It is the first time this has happened. Previously, imports have averaged several hundred thousand barrels per day (bpd), BIMCO said in 'BIMCO’s Shipping Number of the Week' report…

Shell Farms Into Offshore Block in Argentina

Jan 14, 2021

Oil and gas giant Shell has agreed to farm into the CAN 100 block, offshore Argentina, currently jointly owned by the Norwegian energy firm Equinor and Argentina's YPF.In October 2019, Equinor farmed into the YPF CAN 100 block and agreed to take over the operatorship…

MOL, Bombora Targeting Wave Energy Opportunities in Japan

Jan 14, 2021

Wave energy converter developer Bombora has entered into an agreement with Japan's Mitsui O.S.K. Lines (MOL) to identify wave energy potential in Japan and across the region.MOL has recently said it has completed a detailed internal technical review of Bombora’s mWave wave energy converter…

Siemens Gamesa, Siemens Energy Team Up in Green Hydrogen Push

Jan 14, 2021

Siemens Gamesa and Siemens Energy have this week announced they'd work together on wind-to-hydrogen projects to help decarbonize the economy 'to solve the climate crisis.'The companies said they were contributing with their developments to an…

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