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Kongsberg Maritime to Deliver Tech & Equipment for Cadeler's Second WTFIV

Dec 06, 2022

Norwegian maritime technology and equipment specialist Kongsberg Maritime AS will provide technology and engineering for a second F-class wind turbine and foundation installation vessel (WTFIV) recently ordered by the Danish offshore wind installation firm Cadeler…

Reuters: Eni in Talks to Buy Neptune Energy for $5-6B

Nov 30, 2022

Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy for around $5 billion -$6 billion, a source with knowledge of the matter said on Wednesday, adding that no official bid had been submitted.Neptune produces around 130…

UK North Sea Oil & Gas Producers Seek Price Floor to Limit Windfall Tax

Dec 06, 2022

The British government should introduce a price floor to mitigate the impact of its new windfall tax on the sector as some companies struggle with reduced access to funding, executives and industry sources say. They say the brake on capital…

Ashtead Technology Buys Hiretech

Dec 06, 2022

UK-based subsea equipment rental and solutions company Ashtead Technology has acquired Aberdeenshire-based Hiretech. Hiretech is an equipment rental, service, and maintenance company serving the international offshore renewables, decommissioning…

German Firm Buys Irish Offshore Wind Farm Site

Dec 02, 2022

German renewable energy firm RWE said Friday it had bought the Irish company Western Power Offshore Developments Ltd, which is in the early stages of developing the East Celtic wind farm project offshore Ireland.The East Celtic wind farm site…

Turkey's Black Sea Gas Field to Go Online in 2023, Erdogan Says

Nov 17, 2022

Turkey's Black Sea gas field is on track to go online next year as promised and work has sped up to connect it to the national infrastructure, President Tayyip Erdogan said on Saturday.Addressing a natural gas pipeline opening in the northern Kastamonu province…

Germany Plans to Buy Majority Stake in Unit of Dutch Grid Operator TenneT - sources

Dec 01, 2022

The German government wants to buy either a majority stake or all of the German subsidiary of Dutch power grid operator TenneT as part of Berlin's planned transition towards sustainable energy use, two German government sources told Reuters…

China's CNOOC Steps up Western Retreat with Launch of U.S. Assets Sale - sources

Nov 24, 2022

Chinese oil and gas major CNOOC has sounded out potential buyers of its interests in U.S. oilfields, two sources said, stepping up its retreat from Western nations amid sanctions concerns and calls for domestic investment. Reuters reported in…

First Gas Flows from BP's Cassia C Development Offshore Trinidad and Tobago

Nov 29, 2022

BP has started production from its Cassia C development offshore Trinidad and Tobago.Cassia C is BP Trinidad and Tobago's first offshore compression platform and, according to the company, its biggest offshore facility.The project will enable…

UK Says Baker Hughes-Altus Deal May Hurt Competition in Oil Well Services

Nov 22, 2022

Britain's competition watchdog said on Tuesday that U.S.-listed oilfield services firm Baker Hughes Co's acquisition of Altus Intervention could reduce competition among UK oil and gas operators.The Competition and Markets Authority (CMA) said…

HST Marine Orders Three Battery-powered Fast Crew Suppliers from Damen

Dec 01, 2022

Offshore energy industry services provider High Speed Transfers (HST) Marine has ordered three Fast Crew Suppliers 2710s from Damen Shipyards for an undisclosed fee.Damen Shipyards said that the vessels would be fitted with 190kW battery arrays…

Woodside Energy Delivers LNG from Australia's North West Shelf to Europe

Nov 28, 2022

Australian oil and gas company Woodside Energy said Monday it had delivered an LNG cargo to Europe on board the Woodside Rees Withers LNG carrier from Australia’s North West Shelf. The cargo of approximately 75,000 tonnes of LNG (100 million cubic meters of natural gas) was delivered on November 27…

Trillion Energy Brings Online Akcakoca-3 Well Offshore Turkey

Nov 28, 2022

Canadian oil and gas company Trillion Energy said Monday that its Akcakoca-3 well at the SASB gas field in the Black Sea offshore Turkey was producing at 3.3 MMcf/d into the gas salesline.The company also said that it had repositioned the drilling rig to drill the West Akcakoca-1  well…

BP to Market Guyana's Share of Oil Output from Two FPSOs

Nov 28, 2022

BP will market Guyana's share of crude oil produced over the next year from two offshore production platforms, the South American country's Ministry of Natural Resources said. Guyana is home to one of the largest oil discoveries in the last decade…

Thirteen Firms Team Up to Develop Next-gen Floating Wind Tech

Nov 30, 2022

Technip Energies is leading a 13-partner consortium that is working to roll out the next generation of floating wind technology 'for a competitive, more scalable and industrial deployment.'The initiative, called NextFloat, launched in Paris earlier this month…

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