Energy News


Woodside's Stalled Browse LNG Project Still 'Very attractive' - CEO

Apr 21, 2023

Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse liquefied natural gas (LNG) project on Friday after the company reported a decline in first-quarter sales revenue relative to the December quarter…

Woodside's Sangomar Offshore Oil Project in Senegal 82% Complete

Apr 21, 2023

On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production…

EU, Norway Plan Cooperation on Carbon Capture, Hydrogen, Draft Shows

Apr 21, 2023

The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft 'alliance' plan. The plan is set to be announced at a…

World's First Unmanned HVDC Offshore Substation Installed Off UK

Apr 20, 2023

Heerema Marine Contractors has installed what has been described as the world’s first unmanned High Voltage Direct Current (HVDC) offshore substation at the Dogger Bank Wind Farm project site in the UK North Sea.The substation is the first of three platforms…

Preventing Oil Spill Disaster: Boskalis to Lead UN-coordinated Operation to Remove Oil From Decaying FSO off Yemen

Apr 20, 2023

Dutch marine services firm Boskalis has, through its subsidiary SMIT Salvage, reached an agreement with the United Nations Development Programme (UNDP) to remove the oil from the decaying FSO Safer moored off Yemen’s Red Sea coast in a push to avoid environmental disaster…

TenneT Awards €30B in Contracts for Offshore Wind Energy Transmission

Apr 20, 2023

Representatives of the European transmission system operator TenneT,  the Hitachi Energy/Petrofac partnership, and the three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados met in Berlin on Thursday to sign…

Poland's PGE Signs Offshore Wind Turbine Deal for Baltica 2

Apr 20, 2023

Poland's biggest utility PGE said on Thursday a unit of the company had signed a deal with Siemens Gamesa Renewable Energy for delivery and installation of 107 offshore wind turbines as part of the Baltica 2 project. The turbines have a total capacity of 1…

HST Marine Nets Long-term Contract in North Sea with Otary

Apr 20, 2023

Offshore energy industry services provider HST Marine said Thursday it had secured a long-term contract in the North Sea for its HST Hudson fast crew supplier, to continue working with Belgium-based offshore wind firm Otary.'In order to assist Otary with its emission reduction journey…

Keppel's Profit Boosted by Sale of Offshore & Marine Business

Apr 20, 2023

Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit.In February, Sembcorp Marine completed a S$4…

Dutch Landscape Shifts with North Sea Wind Farms, Onshore Hubs

Apr 20, 2023

Onshore substations springing up to receive electricity from its burgeoning North Sea wind farms are triggering rapid change in the electrical infrastructure landscape of the Netherlands, renowned for its windmills in an earlier era. After years of lagging behind its European partners…

OMV Norge Strikes Oil at Eirik Prospect in North Sea, Off Norway

Apr 20, 2023

Oil and gas company OMV Norge has made an oil discovery at the Eirik prospect in the North Sea, off Norway, the Norwegian Petroleum Directorate said Thursday.The wildcat well 15/2-2 S, in the production license 817, where OMV is operator,  was…

China's CRCC-HCEB Orders Offshore Wind Turbine Installation Vessel

Apr 19, 2023

China's CIMC Raffles has recently secured an order to build a self-propelled offshore wind turbine installation vessel for CRCC Harbour & Channel Engineering Bureau (CRCC-HCEB.)According to CIMC Raffles, the jack-up vessel will be China's most…

Baker Hughes Beats Profit Estimate

Apr 19, 2023

Oilfield firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, as stronger oil prices have supported demand for its equipment and services. Global oil futures are currently trading around $83.12 a barrel, down about 22% from…

Huisman to Deliver 3,000mt+ Crane for Havfram Wind's New WTIV

Apr 19, 2023

Dutch crane maker Huisman has won a contract from offshore wind installation contractor Havfram Wind for the delivery of a 3,000mt+ Leg Encircling Crane for its second NG-20000X Wind Turbine Installation Vessel. The crane contract news comes…

Kistos Expands into Norway with Deal to Acquire Mime Petroleum

Apr 19, 2023

Investment firm Kistos said Wednesday it had reached a conditional agreement to acquire all of the outstanding shares of Norway-based oil firm Mime Petroleum A.S. from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture…

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