Energy News


Shell CEO Shielded by Security as Climate Protesters Try to Storm AGM Stage

May 23, 2023

Security staff shielded Shell Chief Executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the energy giant's annual shareholder meeting in London on Tuesday.Shell Chairman Andrew…

2H Offshore Initiates Second Phase of Wellhead Fatigue JIP

May 23, 2023

2H Offshore has launched the second phase of its Measurement-based Wellhead Fatigue joint industry project (JIP), which aims to improve riser, wellhead, and conductor fatigue estimates and make drilling operations more reliable and efficient…

Investment Firm Kistos Acquires Mime Petroleum, Gains Access to Norway's Offshore Oil Fields

May 23, 2023

The investment firm Kistos said Tuesday it had acquired all of the outstanding shares of Norway-focused oil company Mime Petroleum A.S. ('Mime') from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture, comprising the Balder and Ringhorne fields offshore Norway…

Germany Cannot be Relaxed about Baltic LNG Capacity, Senior Official Says

May 23, 2023

Germany cannot be relaxed about the need for liquefied natural gas (LNG) terminals in the Baltic Sea, a high-ranking economy ministry official said on Monday, a week after plans emerged to scale down the region's Mukran project after local resistance…

Lula Doubts Petrobras Oil Project in Amazon Basin Would Hurt Environment

May 23, 2023

Brazilian President Luiz Inacio Lula da Silva on Monday said he finds it 'difficult' to believe that oil exploration in the Amazon basin would cause environmental damage to the region's rainforest, the largest in the world. Brazil's environmental…

INTOG: Salamander Signs Exclusivity Agreement for 100 MW Floating Offshore Wind Project

May 23, 2023

Salamander, a joint venture between Ørsted, Simply Blue Group, and Subsea7, has signed an exclusivity agreement as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.The 100 MW Salamander floating offshore wind project…

BOEM Completes Environmental Analysis of New Jersey Offshore Wind Project

May 22, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental analysis of the proposed Ocean Wind 1 wind project offshore New Jersey, which could power up to a half million households.As part of the Ocean Wind 1 project…

Equinor Shelves Trollvind Offshore Wind Farm Project

May 22, 2023

Norwegian energy firm Equinor said Monday it would postpone further development of the Trollvind offshore wind initiative indefinitely. Back in June 2022, Equinor and four other oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea…

Subsea 7 Lands EPCI Work at Turkey's Sakarya Offshore Field

May 22, 2023

Offshore installation contractor Subsea 7 on Monday confirmed the award of a major contract by Turkish Petroleum for the second phase of the Sakarya field development in the Black Sea, offshore Turkey. Subsea 7 defines a major contract as being…

Irish Minister's Decision Sparks Disappointment and Potential Legal Action in Barryroe Offshore Oil Project

May 22, 2023

Oil companies working to develop what has been described as one of Europe's largest undeveloped offshore oil fields – the Barryroe field in Ireland - have suffered a setback after an Irish minister refused to grant them a permit to proceed with…

OSM Maritime Group and Thome Group Get Merger Approvals, Creating a Ship Management Giant

May 22, 2023

OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market…

Harbour Energy Taps Expro for Balmoral Well Abandonment Project

May 22, 2023

Offshore well services firm Expro said Monday it had won a new contract with oil and gas company Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.The multi-year contract…

U.S. Coast Guard Saves Three Boaters Stranded on Offshore Oil Platform

May 22, 2023

The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday.'Coast Guard Sector Houston-Galveston watchstanders received a report at approximately 3 a.m. from…

CNOOC's Floating Wind Turbine Starts Powering Offshore Oil Fields

May 22, 2023

China's CNOOC Limited said Monday that the Wenchang deep-sea floating wind demonstration project has been connected to the grid for power generation. The demonstration project is located near the Wenchang oilfields in the western part of the South China Sea…

SSE Renewables, RWE Seeks Public Input on North Falls Offshore Wind Farm Project

May 19, 2023

SSE Renewables and RWE joint venture's Southern North Sea offshore wind farm project, North Falls has launched the statutory consultation on its proposals.North Falls is a proposed extension to the existing 504MW Greater Gabbard Offshore Wind Farm…

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