Energy News


Experts Laud India’s 30 GW Offshore Wind Target

Oct 05, 2018

The top global experts have been lauding India’s 30 GW offshore wind industry target by 2030 in a session titled ‘A Leap Into Offshore’ was held in India on 3rd October, 2018 and moderated by Steve Sawyer, Secretary General, Global Wind Energy Council (GWEC)…

Cyprus Invites Bids to Explore for Offshore Gas

Oct 05, 2018

The government of Cyprus has invited companies to bid on a new energy exploration zone off the coast of Cyprus, said a report in Kathimerini News.The country decided to only permit energy companies already part of the Cypriot Exclusive Economic Zone to bid on the project…

Vattenfall Opts Great Yarmouth Base for Offshore Wind Farms

Oct 05, 2018

The Swedish energy group Vattenfall and the infrastructure specialists Peel Ports have agreed to reserve space at Great Yarmouth harbour to site an operations base for two major offshore wind farms.Economic leaders described the move as a big…

IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market

Oct 04, 2018

International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…

IEA boss urges oil producers to ease supply concerns

Oct 04, 2018

Major oil producers must take 'the right steps' to ease supply concerns that have lifted crude prices to a four year-high, the head of the International Energy Agency told Reuters on Thursday.'It is now high time for all the players, especially those key producers and oil exporters…

Norway's Goliat Oilfield to Restart by Friday

Oct 04, 2018

Oil production at Eni's Arctic Goliat field off the coast of Norway will restart by Friday following maintenance, the company told Reuters on Thursday.The restart had originally been planned for Oct. 1, but Eni extended the outage to carry out…

Lundin Acquires Equinor's Luno II Stake

Oct 04, 2018

Lundin Petroleum AB through its wholly-owned subsidiary Lundin Norway has entered into an agreement with Equinor Energy, under which Lundin Norway will acquire Equinor’s entire 15 percent working interest in the Lundin Norway operated licence PL359…

North Sea Heliports Alliance, Aberdeen Airport Join for Offshore Wind Rollout

Oct 04, 2018

The six largest heliports in Europe have official launched the North Sea Heliports Alliance (NSHA)  to prepare the oil and gas industry for the impending roll-out of offshore wind projects.Aberdeen International Airport is the busiest heliport…

Smulders Orders Granada Cranes for Triton Knoll Offshore Wind Farm

Oct 04, 2018

Granada further extend their offshore portfolio with a major contract win from Smulders, to design, manufacture, deliver and commission 90 of their unique Python cranes, one to be fitted to each of the transition piece platforms for Triton Knoll…

Petrobras Test Well at Mero Field Reached 58,000 BPD

Oct 03, 2018

Oil company Petróleo Brasileiro SA, or Petrobras, said on Wednesday it finished a long-term test at the Mero field in the Libra pre-salt area with positive results.The Brazilian company said in a statement that the well used for the test in Mero reached an average production of 58…

Baker Hughes to Bid for Petrobras Production-sharing Contract

Oct 03, 2018

General Electric Co's unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil's Petrobras, a Baker Hughes executive said on Tuesday, as the state-run oil company seeks creative ways to boost output from mature fields…

FSU Delivered to Bahrain LNG

Oct 02, 2018

Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August, before going on hire on 19 September, 2018. The vessel will be used to support…

Eesti Gaas Orders LNG Bunkering Vessel for Baltic Sea

Oct 02, 2018

Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas)  bunker vessel with bunker tank capacity of 6,000 m3.  The new vessel will provide mobile and efficient LNG bunkering for the growing number of LNG-fuelled…

Norway Approves Wintershall's $1.2 bln Nova Project

Oct 02, 2018

Wintershall Norge has received official green light from Norwegian ministry of Petroleum and Energy for its plan for NOK 9.9 billion ($1.2 bln) development and operation for the Nova field in the North Sea.A press rlease from the Germany cmpany…

Jadestone Energy Acquires Montara Offshore Australia

Oct 02, 2018

Singapore based independent oil firm Jadestone Energy announced that it has completed its acquisition of the Montara oil project, offshore Australia.Further to the Company’s previous announcements on July 16, 2018 and September 21, 2018, all…

Current News

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DOF Group Completes Acquisition of Maersk Supply Service

Tyra II Facilities to Operate at Full Technical Capacity Sooner Than Expected

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