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Energy Trader MET Group Signs 10-year US LNG supply Deal with Shell

Jul 09, 2024

Switzerland-based energy trader MET Group has struck a 10-year deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis, it said on Tuesday.MET Group said the agreement will enable it to further diversify its LNG supply portfolio…

ERM and Dolphyn Hydrogen Start Offshore Hydrogen Production Trials

Jul 02, 2024

Specialist sustainability consultancy ERM has launched offshore trials to test key elements of its innovative Dolphyn Hydrogen process.Following six years of development, the trials are being conducted in a floating marine environment in Pembroke Port…

Moray West Exports First Power as it Remains On Track for Full Commissioning

Jul 05, 2024

Moray West offshore wind farm, an 882 MW project currently under construction, has delivered first power from the first series of wind turbines already installed offshore Scotland.The power has been exported to the National Electricity Transmission System (NETS)…

Acteon Hooks Structural Monitoring Deal for Changhua Offshore Wind Farms

Jul 10, 2024

Pulse Structural Monitoring, a brand in marine energy and infrastructure services company Acteon, has been awarded a contract by Ørsted Taiwan to deliver measurement and associated data acquisition systems for the Greater Changhua 2b and 4 offshore wind farms…

Ørsted Assumes Full Ownership of Sunrise Wind Offshore Wind Farm

Jul 10, 2024

Ørsted has completed the acquisition of Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm located off the coast of New York.The purchase price at closing to acquire Eversource’s share of Sunrise Wind is $152 million.At signing in January 2024…

Golar LNG Signs 20-Year FLNG Deal

Jul 07, 2024

Golar LNG has entered into definitive agreements with Pan American Energy (PAE) for a 20-year deployment of a floating liquefied natural gas (FLNG) vessel in Argentina.The FLNG project will monetize Argentine gas, tapping into the vast resources…

Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie

Jul 08, 2024

Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online…

Shell Greenlights Manate Gas Field Development Off Trinidad and Tobago

Jul 09, 2024

Shell Trinidad and Tobago, a subsidiary of Shell, has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.Manatee will allow Shell to competitively…

Inpex Joins Japan’s Floating Wind Research Association

Jul 03, 2024

Inpex Corporation has joined Japan’s Floating Offshore Wind Technology Research Association (FLOWRA).FLOWRA was established to promote the commercialization of floating offshore wind power generation on a large-scale over a wide area.By jointly…

EU Approves Major $11.6B Investment in French Offshore Wind

Jul 04, 2024

The European Commission has approved a $11.64 billion (€10.82 billion) French scheme to support the deployment of offshore wind energy, which will help foster the transition towards a net-zero economy.The state aid scheme will run for 20 years…

SBM Offshore and Technip Energies Launch Floating Wind Joint Venture

Jul 05, 2024

SBM Offshore and Technip Energies have formally launched Ekwil, a 50-50 joint venture dedicated to floating offshore wind.Ekwil is a pure player delivery partner offering a diversified range of ‘series production’ floating offshore wind solutions…

Esgian Week 27 Report: A Lull in Contracting

Jul 07, 2024

Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh…

TotalEnergies Extends Contract for Shelf Drilling’s Jack-Up Rig

Jul 05, 2024

Offshore drilling firm Shelf Drilling has secured a contract extension from TotalEnergies EP Denmark for its Shelf Drilling Winner jack-up rig.The new contract is for 17 months, and will be in direct continuation of the rig’s current operations in Denmark…

Enauta Cancels Acquisition of FPSO Cidade de Santos from MODEC

Jul 02, 2024

Brazilian oil and gas company Enauta has terminated the contract to acquire the floating production, storage, and offloading (FPSO) unit Cidade de Santos from MODEC, announced in relation with the acquisition of Uruguá and Tambaú fields from Petrobras…

TotalEnergies to Exit Gas Field Offshore South Africa in Blow to Country

Jul 03, 2024

French oil major TotalEnergies has notified South Africa's petroleum regulator that it intends to withdraw from its 11B/12B offshore gas field but has yet to submit a formal request to do so, a source at Petroleum Agency SA said.TotalEnergies…

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