Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said…
Norwegian engineering and construction firm Aibel's yard in Thailand has completed the construction of the Dogger Bank A wind farm substation topside, in what is the first ever HVDC converter platform exported from Thailand.Loaded on a BigLift heavy transportation vessel…
The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion of Ukraine. As a result, activity and business sentiment in the floating production sector have seldom been stronger…
U.S. oil company ConocoPhillips has reduced the estimate of the size of its Slagulge oil and gas discovery in the Norwegian Sea, after a nearby appraisal well came up dry.To remind, ConocoPhillips in December 2020 said it had made a „significant“…
Norway's oil and gas companies have raised their investment forecasts for 2022 as they take advantage of high petroleum prices and tax incentives to boost activity, a national statistics office (SSB) survey showed on Friday.The biggest business sector in Norway now expects to invest 167…
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…
Steel construction company Smulders recently shipped out the first four of 95 transition pieces for the first phase of the 3.6 GW Dogger Bank offshore wind farm.Smulders said earlier this week it had recently loaded out the four transition pieces at its Hoboken yard in Belgium…
Ørsted on Monday warned that Russia's Gazprom Export could stop supplying gas to the Danish energy company because it has refused to pay in roubles, but such a move would not immediately put Denmark's gas supplies at risk.Russia's rouble payment…
European Union leaders have agreed an embargo on Russian oil imports that will start kicking in towards the end of the year and which exempts, for now, pipeline imports that Hungary and two other landlocked Central European states rely on.The…
Colombian energy producer Ecopetrol ECO.CN aims to boost its oil and gas output by just over 40% to around 1 million barrels of oil equivalent per day (boepd) in 2030 and plans to start a pilot carbon capture storage (CCS) project, a senior company executive said…
Copenhagen Infrastructure Partners (CIP) has proposed to construct an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called 'BrintØ' - in the Danish part of the North Sea. According to CIP, one of…
Australia-based Woodside Energy's all-stock merger with BHP's oil and gas business was completed Wednesday.Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP…
Norwegian marine seismic data companies TGS and PGS said Thursday that they had, as a joint venture, secured pre-funding for the South Bank 3D phase II multi-client project offshore Canada, extending on the South Bank phase I survey acquired in 2020…
Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.Six Kimanis crude cargoes will be loaded in July…
A South Korean court has dismissed an application from a group of Indigenous Australians to block South Korean export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.People…
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