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RWE Agrees to Sell Electricity from German North Sea Wind Farms to 12 Large Clients

Jan 16, 2023

German offshore wind developer RWE has signed deals with eleven German industrial clients and one large municipal utility to supply them with electricity generated by its offshore wind farms Nordsee Ost and Amrumbank West.Both wind farms are…

Indonesia Dispatches Warship to Monitor Chinese Coast Guard Vessel Near Offshore Fields

Jan 16, 2023

Indonesia has deployed a warship to its North Natuna Sea to monitor a Chinese coast guard vessel that has been active in a resource-rich maritime area, the country's naval chief said on Saturday of an area that both countries claim as their own…

NewMed Pressing Ahead with Capricorn Merger Ahead of Feb. 1 Vote

Jan 16, 2023

Israel's NewMed Energy LP said on Sunday it was making final arrangements for a merger with UK-based Capricorn Energy, whose shareholders will vote on whether to approve the deal on Feb. 1. Capricorn's shareholder ballot is due the same day…

Ørsted Seeks Permits for 15 GW New Offshore Wind in Sweden

Jan 16, 2023

Denmark's Ørsted has applied for permits to build 15 gigawatts (GW) of new Swedish offshore wind capacity, which could be up and running by 2032, helping to lower power prices and foster new green industries, the company said on Monday. These applications come on top of existing plans for 3 GW…

Qatar, UAE Energy Ministers Say Gas will be Needed for Long Time

Jan 16, 2023

The world will need natural gas for a long time, and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday…

Boskalis Wins U.S. Offshore Wind Farm Installation Deal

Jan 16, 2023

Dutch marine services firm Boskalis has won a contract with an undisclosed client to construct a large offshore wind farm in the United States.Boskalis will transport and install the wind turbine foundations and power cables. The company said it would deploy two crane vessels…

TotalEnergies Approves FID for $1B Lapa Oil Project Offshore Brazil

Jan 16, 2023

French oil major TotalEnergies has approved the final investment decision for the Lapa South-West oil development located in the Santos Basin, 300 kilometers offshore Brazil.The company operates the project with a 45% interest. Its partners are Shell (30%) and Repsol Sinopec (25%)…

Eni, Chevron Strike Gas In Egyptian East Med

Jan 15, 2023

Italian energy group Eni and U.S. energy major Chevron said on Sunday they had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.The Nargis-1 well is part of Egypt's 1,800-sq. km Nargis Offshore Area concession operated by Chevron…

Guyana's Oil Exports Double, with Europe Taking Half of Cargoes

Jan 13, 2023

Guyana's oil exports jumped 164% last year, boosted by growing output and demand for the newest Latin American oil producer's light sweet crudes, particularly in Europe, where thirsty refiners ramped up imports to replace Russian supplies.Since…

BW Offshore's Abo FPSO Gets to Stay with Eni in Nigeria Until March End

Jan 13, 2023

FPSO leasing firm BW Offshore has signed another short-term extension for Abo FPSO offshore Nigeria.The contract extension is with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni. The extension runs until March 31, 2023…

Scana CEO, Chairman, and Two Board Members Resign

Jan 13, 2023

Scana, an Oslo-listed maritime and offshore services provider, said Thursday evening that its CEO Styrk Bekkenes had resigned, along with the company's chairman and two board members.The Scana board has decided to appoint Oddbjørn Haukøy as interim CEO…

Helix Inks Long-term Charter for Glomar Wave

Jan 13, 2023

Helix Energy Solutions Group, Inc., announced its robotics division has entered into a three-year charter agreement with two years of options for the DP2 offshore support vessel Glomar Wave for work on a range of opportunities in both the offshore renewables and oil and gas sectors…

High Impact Drilling Held Steady in 2022, Discoveries Up to 9.2 Billion Barrels

Jan 13, 2023

In a tumultuous year of change in the world, high impact drilling in 2022 remained at a similar level to 2021, with 81 high impact wells completing (Figure 1). Performance improved with discovered resource increasing from 7.4bnboe in 2021 to a preliminary estimate of 9…

Tidal Energy Firm Minesto Tapped for Site Development Services in Asia

Jan 13, 2023

Tidal energy technology company Minesto said Friday it had received its first historic sales order for site development services,.The order includes Minesto's Dragon Class tidal energy powerplants and comes from an unnamed 'major corporation in the  Asian offshore energy sector…

BP Produced 20.4 mln Tonnes of Oil in Azerbaijan in 2022 - Ministry

Jan 13, 2023

BP produced 20.4 million tonnes of oil in Azerbaijan in 2022, the energy ministry said on Friday.Gas production from the Azeri-Chirag-Guneshli (ACG) field totaled 13.4 billion cubic meters (bcm), the energy ministry said, while 25.2 bcm was produced from the Shah Deniz gas project…

Current News

Eni and Petronas to Establish Company in Indonesia and Malaysia

Eni and Petronas to Establish

ConocoPhillips Begins Drilling Offshore Eastern Australia

ConocoPhillips Begins Drilling

Judge Rules Trump can Reconsider SouthCoast Wind Approval

Judge Rules Trump can Reconsid

AST Networks Unveils MODULA Connectivity Solution

AST Networks Unveils MODULA Co

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