Latest News - page 1069

 

Huge Interest in Norwegian Offshore Wind, Minister Says

Jun 24, 2021

Norway is seeing big interest from energy firms in developing offshore wind farms in its ongoing licensing round and may offer additional acreage in 2023, Minister of Petroleum and Energy Tina Bru told Reuters on Thursday.“The interest is huge and I’m really looking forward to the developments…

Petrofac, SOCAR JV Net $25M Deal to Support BP's Azeri Central East Project

Jun 24, 2021

Oilfield services firm Petrofac, in a joint venture with Azerbaijan's SOCAR, has won a contract to support BP's Azeri Central East (ACE) project, in the Caspian Sea, offshore Azerbaijan.Under the contract valued at about  $25 million, the Petrofac…

Activists Protest Against Norwegian Oil Licenses in the Arctic

Jun 24, 2021

A group of environmental activists chained themselves in front of the Norwegian oil and energy ministry on Thursday to protest against the awarding of new oil exploration licenses in the Arctic.Carrying banners that said 'No to new oil' and…

Parkwind Orders Vestas Turbines for Arcadis Ost 1 Offshore Wind Farm

Jun 24, 2021

Wind turbine maker Vestas said Thursday it had secured a firm order from Parkwind to deliver  27 V174-9.5 MW turbines for the 257 MW Arcadis Ost 1 offshore wind farm in the German Baltic Sea. The order confirms the fifth collaboration between…

Vattenfall to Sell 49.5% in Giant Offshore Wind Project in The Netherlands

Jun 24, 2021

Offshore wind farm developer Vattenfall has agreed to sell to BASF 49.5% in its offshore wind farm Hollandse Kust Zuid (HKZ) in the Netherlands. Once fully commissioned it will be the largest offshore wind farm in the world and also the first…

Ocean Sun, Statkraft Working to Retrieve Sunken Solar Plant in Albania

Jun 24, 2021

Norwegian floating solar tech company Ocean Sun is working to retrieve its floating solar power plant that sank in Albania earlier this month.As previously reported, Statkraft and Ocean Sun said the first of four Ocean Sun floating solar plants - covering 4…

Denmark's Largest Wind Farm: Bidders Given 4 Months to Prepare Final Bids

Jun 24, 2021

The Danish Energy Agency on Thursday published the final tender conditions for the tendering of Thor Offshore Wind Farm, which will be the country's largest. 'With the publication, all the basic elements of the tender are in place, and the bidders…

Drilling Starts at Block No. 1 Offshore Bahrain

Jun 24, 2021

Bahrain's National Oil and Gas Authority (NOGA) started drilling the first exploration well in offshore block No. 1 to the north of the kingdom, a government media adviser said on Twitter on Wednesday.The new well is part of an exploration and…

Ashtead Technology, Hydromea in Subsea Wireless Tech Deal

Jun 24, 2021

Subsea equipment provider Ashtead Technology has entered into rental partnership with Switzerland-based Hydromea, a subsea wireless access provider.Under the deal, Ashtead Technology will promote and use Hydromea’s LUMA high-speed through-water…

Lundin Energy Taps CGG for Barents Sea Seismic Imaging

Jun 24, 2021

CGG, a provider of seismic data for oil and gas explorers, has secured a contract with Lundin Energy in Norway for the seismic imaging of an innovative simultaneous node and streamer 3D survey currently being acquired over a 3700 km2 area of the Nordkapp basin in the Barents Sea…

No Plan 'Right Now' to Permanently Ban New Oil and Gas Leases, U.S. Interior Secretary Says

Jun 24, 2021

U.S. Interior Secretary Deb Haaland on Wednesday told a congressional hearing that there is no plan to permanently ban new oil and gas drilling on federal land but her agency will soon release a report that will assess the future of the federal oil and gas leasing program…

Bursa Malaysia Wants Independent Review of Serba Dinamik's Deals after KPMG's Red Flags

Jun 24, 2021

Malaysian oil and gas service provider Serba Dinamik Holdings Bhd must appoint an independent reviewer to address issues raised by the company's external auditor, the national stock exchange said on Wednesday.In May, Serba said auditor KPMG…

UK's Wood Expects Margins to Improve. Reports Drop in Half-year Revenue

Jun 24, 2021

Engineering and consultancy company Wood Plc said on Thursday its first-half revenue fell 21% as its clients in the energy industry cut back on spending but predicted an improvement in margins compared with crisis-hit 2020.The UK-listed firm…

Keppel, Sembcorp Marine in Talks to Merge Offshore and Marine Units

Jun 24, 2021

Temasek-backed Singapore conglomerate Keppel Corp and smaller rival Sembcorp Marine are exploring a potential tie-up which would see them combine their struggling offshore and marine (O&M) businesses after years of losses in an industry downturn…

Miko Marine Delivers Magnetic Blanking Set for Bacalhau FPSO

Jun 24, 2021

Norwegian company Miko Marine has shipped out the first magnetic blanking set destined for the Brazilian offshore sector from its fabrication plant in Haugesund, Norway. However, the set is not going to Brazil, but to the DSIC yard in Dalian…

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