Energy News


Eni Makes Gas Discovery Offshore Egypt

Jul 28, 2020

Italian oil and gas giant Eni, along with partners Total and BP, has made a gas discovery in the Mediterranean Sea, offshore Egypt.The discovery was made at the Bashrush well on the Eni-operated North El Hammad license, located eleven kilometers off the Egyptian coast…

Xodus, E&E to Jointly Offer Offshore Wind Advisory Services in Japan

Jul 28, 2020

UK-based energy consultancy Xodus Group has partnered up Japanese consultancy E&E Solutions to deliver advice and analysis for the developing offshore wind market in Japan.E&E Solutions has the local market knowledge, including an extensive…

GMS Completes 'First' Well Intervention from Self-Propelled Jack-Up Unit

Jul 28, 2020

Gulf Marine Services, a UAE-based supplier of self-propelled and self-elevating support vessels (SESVs) for the offshore energy industry, has said it has completed its first Well Intervention work scope.The company, which normally provides offshore…

OMV Reduces Hades Discovery Size Estimate

Jul 28, 2020

Oil and gas company OMV has reduced the size estimated of its Hades gas/condensate discovery made in 2018 in the Norwegian Sea, following the drilling of an appraisal well.The company had previously estimated that the size of the discovery between…

Spain Sees Thaw in Europe-Turkey Tensions on Mediterranean Offshore Exploration

Jul 28, 2020

Spain's foreign minister said that talks in Turkey on Monday had helped to reduce tensions between some European Union members and Ankara over Turkish energy exploration in the Mediterranean, adding that a one-month pause in drilling was possible…

Woodside Weighs Blocking Lukoil from Joining Senegal Oil Project

Jul 27, 2020

Australia's Woodside Petroleum said on Tuesday it is considering blocking Russia's Lukoil from becoming a partner in the $4.2 billion Sangomar oil project, which it could do by increasing its stake in Senegal's first oil development.Woodside…

New Mammoet Crane in Operation in Lagos Deep Offshore Logistic Base

Jul 27, 2020

Nigeria's Lagos Deep Offshore Logistic Base, LADOL, serving the country's offshore oil and gas industry, now has a new crane in operation - Mammoet Terminal Crane (MTC 15).LADOL and Mammoet had in January signed a partnership agreement aimed…

TenneT: German Offshore Wind Output Up 21.1%

Jul 27, 2020

Power production from German North Sea wind farms from January to June totaled 11.51 terawatt-hours (TWh), 21.1% more than in the same 2019 period, grid company TenneT GmbH said on Monday.TenneT, the largest operator of electricity grids in Germany and the Netherlands <IPO-TTH…

One of World's Largest Oil & Gas Conferences Moves Online Due to Pandemic

Jul 27, 2020

ADIPEC, one of the world's largest oil and gas events held in Abu Dhabi, will this year take place online due to the COVID-19 pandemic.More precisely, the exhibition part of the event held annually for over 30 years will be moved for 2021, but the conferences will be held online…

VIDEO: Offshore Wind Turbine Blade Knocks Off Jack-Up Vessel's Gangway

Jul 27, 2020

A video has emerged online showing a wind turbine blade knocking an offshore installation vessel's gangway into the sea.The incident happened on July 2, at the under-construction Otary-operated SeaMade wind farm offshore Belgium, with no injuries to personnel reported…

China's CNOOC Acquires Stakes in Abu Dhabi's Major Offshore Blocks

Jul 27, 2020

China-based offshore oil and gas-focused company CNOOC will acquire rights in Abu Dhabi's major offshore blocks Lower Zakum, Umm Shaif and Nasr.Abu Dhabi's national oil company ADNOC said Monday it would transfer part of rights in the offshore…

Delek to Sell $2.25B of Bonds to Finance Leviathan Gas Field

Jul 27, 2020

Israel's Delek Drilling plans to raise $2.25 billion in an international bond offering to help it finance the development of the Leviathan natural gas project off Israel's Mediterranean coast.The issue, expected to be completed in coming weeks…

Var Energi Seeks $1B for Jotun FPSO

Jul 27, 2020

Norwegian oil and gas producer Var Energi, backed by Eni and private equity firm HitecVision, is seeking around $1 billion for its Jotun production ship, a source with direct knowledge of the matter told Reuters.Var would then lease the floating production…

Sparrows' Crane for Vedanta's Offshore Facilities in India

Jul 27, 2020

Sparrows Group has secured a three-year contract renewal to supply a rental crane to Vedanta Resources Limited, extending its relationship with the company to nine years.A Sparrows manufactured ECR-20 crane will be mobilized to the Lakshmi and Gauri oil and gas fields of Cairn Oil & Gas…

World’s First Semi-submersible Floating Wind Farm Now Online

Jul 27, 2020

WindFloat Atlantic, dubbed the world's first floating semi-submersible floating wind farm, is now fully operational and has started delivering electricity to the Portuguese grid in full capacity.The 25MW wind farm, consisting of three wind turbines…

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