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Kremlin Blames 'Anglo-Saxons' After Report U.S. Knew of Ukrainian Nord Stream Attack Plan

Jun 08, 2023

The Kremlin, commenting on a report that the United States had known last year of a Ukrainian plan to attack the Nord Stream natural gas pipelines, said on Thursday it had already raised the possible involvement of 'Anglo-Saxons.' Unexplained…

Pertamina Set to Take Over Shell's Shares in Masela Gas Project

Jun 06, 2023

Indonesian state energy firm Pertamina is finalizing an acquisition of Shell's shares in the country's Masela gas project, its chief executive officer said on Tuesday.Indonesia's energy minister on Monday said Pertamina was leading a consortium…

Russia Says West Trying to Confuse the World over Nord Stream Culprits

Jun 07, 2023

The Russian embassy in the United States said on Wednesday that a report the United States knew of a Ukrainian plan to attack the Nord Stream natural gas pipelines was part of a coordinated Western attempt to confuse the world over the truth…

CNOOC Commissions China's First Offshore CCS Demonstration Project

Jun 01, 2023

CNOOC has announced the official commissioning of China's first offshore carbon capture and storage (CCS) demonstration project.The project is an auxiliary part of the Enping 15-1 oilfield development located in the Pearl River Mouth Basin, about 190 kilometers (120 miles) southwest of Hong Kong…

Saudi Output Cut Unlikely to Lift Oil Prices to High $80s-low $90s, Citi Says

Jun 06, 2023

Top crude exporter Saudi Arabia's one million barrel per day (bpd) oil output cut is unlikely to underpin a 'sustainable price increase' into the high $80s-low $90s with weak fundamentals pointing to lower prices by year-end, Citi analysts said in a note on Tuesday…

Berkshire Hathaway Boosts Stake in Occidental Petroleum to 24.4%

May 19, 2023

Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%.In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3…

Van Oord Makes History with Record-Breaking Subsea Rock Installation Offshore Senegal

May 15, 2023

Dutch offshore installation services firm Van Oord has informed that its flexible fallpipe vessel Stornes has set a new world record. The vessel carried out subsea rock installation works what Van Oord says is a record water depth of 1.364 meters…

Fresh Strike Wave Looms in UK Offshore Sector as 600 Bilfinger Workers Reject Pay Offers, Unite Says

May 19, 2023

UK-based union Unite said Friday that around 600 of its offshore members at Bilfinger UK Limited have rejected new pay offers, and confirmed fresh strike action will now occur in June.'New pay offers were rejected by Unite members based on the offshore assets of the operators Ithaca…

Substation for First Commercial-scale US Offshore Wind Farm Leaves Denmark

May 25, 2023

The offshore substation and jacket foundation, bound for the U.S. offshore wind project Vineyard Wind 1, have left the quay at Bladt Industries’ production site in Southern Denmark, heading for its destination 35 miles from mainland Massachusetts…

Mexican Tycoon Slim Buys Stake in Zama Offshore Oil Field from Talos

May 26, 2023

A unit of Mexico's Grupo Carso, controlled by the family of Mexican billionaire Carlos Slim, said on Thursday it has purchased a minority stake in Talos Energy Mexico for $124.75 million to obtain a portion of the offshore Zama oil project.The acquisition needs approval of Mexican regulators…

SSE Renewables, RWE Seeks Public Input on North Falls Offshore Wind Farm Project

May 19, 2023

SSE Renewables and RWE joint venture's Southern North Sea offshore wind farm project, North Falls has launched the statutory consultation on its proposals.North Falls is a proposed extension to the existing 504MW Greater Gabbard Offshore Wind Farm…

Floating Solar Market Set to Surpass 6 GW by 2031, Says Wood Mackenzie

May 25, 2023

The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday…

UK's SSE to Spend Up to $50.5B This Decade on Clean Energy Projects

May 24, 2023

British power generator and network operator SSE Plc on Wednesday set out plans to invest up to 40 billion pounds ($50.48 billion) this decade on clean energy projects and called on the government to ensure the country remains competitive. Britain…

World's Largest Floating Wind Farm Powers Up Another Norwegian Offshore Field

May 17, 2023

Norwegian oil and gas Equinor has informed that the Hywind Tampen floating wind farm, the world's largest, has started delivering power to its Snorre field, offshore Norway.'As the operator, we’re proud to announce on behalf of the partners…

Australia Aims to Scale Up Offshore CCS

May 16, 2023

Australia plans to scale up its capability for offshore carbon capture and storage (CCS) and will shortly seek public feedback on a new round of greenhouse gas storage acreage, the country’s resources minister said on Tuesday.The country, one…

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