Led by China, Asia's installed offshore wind capacity is expected to reach 52GW by 2025, and almost catch up with Europe, energy intelligence group Rystad Energy said Friday.'From almost no offshore wind farms in 2015, Asia’s operational capacity has grown to more than 6 gigawatts (GW) today…
Norwegian oil and gas firm Equinor has increased its presence in the Russian onshore oil and gas assets, and has pulled out from offshore commitments in the Sea of Okhotsk on the Russian Far East.In an agreement with the Russian oil company Rosneft…
A Russian pipe-laying vessel, Fortuna, has arrived at the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea, Refinitiv Eikon data showed on Friday, with work on the project set to resume.There are also several procurement vessels near the site…
Chinese oil giant CNOOC has kicked off infill drilling operations at its Weizhou 6-12 Fields of Block 22/12, Beibu Gulf, offshore China.The news was shared Friday by CNOOC's partner Horizon Oil, which said that the two well infill drilling program…
Norwegian government on Friday announced the launch of a major research center aimed at making wind power cheaper, with a big focus on offshore wind.The Norwegian Minister of Petroleum and Energy, Tina Bru, announced an investment of 120 million NOK (EUR 11…
Dutch power grid operator TenneT has ordered the offshore wind transformer substation Hollandse Kust (west Alpha) from the Engie Solutions-Smulders joint venture.This contract follows a similar one signed earlier this year, when the construction…
IKM Ocean Design has won a contract with Equinor for a pipeline engineering concept study for the Wisting oil field in the Barents Sea.Wisting, located in the Barents Sea, 300 kilometers from Norway’s northern coast, in a water depth of 400 meters was discovered by OMV in 2013…
Norwegian offshore vessel operator Havila has terminated the contract with DeepOcean for the Havila Phoenix vessel, citing the latter's breach of contract obligations, and seeking payment.The subsea vessel Havila Phoenix has since 2013 served DeepOcean…
Norwegian offshore oilfield equipment maker Aker Solutions has signed a letter of intent with compatriot Equinor for the delivery of a subsea production system to the Kristin Sør oil and gas satellite fields offshore Norway.The contract value is about NOK 1 billion ($114…
Australia's Karoon Energy has offloaded its first oil cargo from the Baúna offshore oil field in Brazil it recently bought from Petrobras.The shipment produced by the FPSO Cidade de Itajaí, amounted to over 500,000 barrels of oil.The cargo…
Dutch offshore installation services company Van Oord has won a contract to deliver and install monopile foundations and array cables at RWE's giant Sofia offshore wind farm in the UK.The 1.4 GW Sofia offshore wind project is located is sited on Dogger Bank in the central North Sea…
Norwegian oil and gas company Vår Energi has informed that its CEO Kristin Kragseth will leave the company for her new role as CEO of Petoro, a Norwegian government-owned oil and gas firm.Kragseth was appointed CEO when Vår Energi was established…
Australian oil and gas firm BHP has awarded a contract to McDermott to carry out the preliminary Front-End Engineering Design (preFEED) extension phase for a Floating Production Unit (FPU) that could be installed at its Trion field offshore Mexico…
Oil and gas company Neptune Energy on Thursday launched a feasibility study into plans for a large-scale offshore Carbon Capture and Storage (CCS) project in the Dutch North Sea, with the potential to safely store 120-150 million tonnes of CO2…
Norwegian offshore vessel operator Havila Shipping has secured two three-year contracts with Equinor for its platform supply vessels Havila Charisma and Havila Foresight.According to Equinor, both contracts include four one-year options and…
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