Danish offshore wind farm developer Ørsted has taken the final investment decision (FID) on the two German offshore wind farms Gode Wind 3 (242 MW) and Borkum Riffgrund 3 (900 MW), expected to be commissioned in 2024 and 2025, respectively.Rasmus Errboe…
Abu Dhabi National Oil Company (ADNOC) announced on Wednesday a $127 billion capital spending plan for 2022-2026, as it reported an increase in the United Arab Emirates' (UAE) oil and natural gas reserves.The state-owned company said national…
U.S. crude oil production fell 3.5% in September after Hurricane Ida temporarily halted most crude production in federal waters of the Gulf of Mexico, according to a monthly report from the U.S. Energy Information Administration on Tuesday.Crude output dropped 380…
China's State Power Investment Corp (SPIC), the country's top green power operator, connected two newly built offshore wind farms off south China's Guangdong province to the state grid on Tuesday, the company said on its official Wechat account…
Bureau Veritas (BV) has granted an Approval in Principle (AiP) to Hyundai Heavy Industries for its design and development of “Hi-Float”, a floating offshore wind turbine foundation. The offshore floating wind substructure “Hi-Float” is designed…
Oil and gas company Neptune Energy has awarded a decommissioning contract to Maersk Supply Service (MSS) for the Juliet field in the UK Southern North Sea.Neptune Energy said that Maersk Supply Service would deploy innovative technology to reduce…
TotalEnergies has spudded the Venus-1X offshore exploration well in Namibia's Block 2913B (PEL 56). The well, seen as potentially transformational for the Namibian oil industry, is being drilled in 3,000 meters water depth.The news of the drilling…
Caterpillar Marine said it has been selected to be the power solutions provider for Edda Wind’s four new commissioning service operation vessels (CSOV) being built at Astilleros Gondán and two new service operation vessels (SOV) to be built at Astilleros Balenciaga shipyards in Spain…
Volvo Penta has secured a contract to provide quad IPS propulsion systems for the four new offshore wind farm crew transfer vessels (CTVs) that will be built at Blount Boats for American Offshore Services (AOS). The new 30-meter (99-ft.) twin…
Swedish oil and gas company Lundin Energy is considering a potential sale, Bloomberg News reported on Monday, citing unnamed sources.Lundin, which has a market value of about $10 billion, is studying strategic alternatives that could also include a merger or asset disposals…
Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources said, a decade after exiting the North African country because of unrest.The plan, details of which were seen by Reuters…
Energy industry consultancy and provider DNV is working with Wintershall Noordzee and the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines in the southern North Sea can be used for future carbon dioxide (CO2) transport…
French offshore cable construction and installation firm Nexans has been awarded a frame contract for more than €650 million (around $738,16 million) with Terna, supplying an interconnector cabling solution for its Tyrrhenian Link in Italy. Tyrrhenian…
Exports of Norway's major crude stream Johan Sverdrup will drop sharply in January to 471,000 barrels per day (bpd) compared with 536,000 bpd in December, a loading program showed on Tuesday.The program is the smallest since July this year.…
Singapore's Keppel Offshore & Marine has signed a framework agreement with offshore wind industry giant Ørsted for future offshore substation (OSS) projects.'The agreement is part of a strategic initiative to strengthen the long-term partnership…
Subscribe
