Energy News


Tethys Marine & Logistics Becomes 51% Shareholder of OSV Firm Bourbon Guyana

Apr 17, 2023

Bourbon Marine & Logistics has partnered with the Guyanese company Tethys Marine & Logistics, which becomes a 51% shareholder of the Bourbon Guyana Joint Venture. 'With 75% Guyanese Directors, Bourbon Guyana thus becomes the first indigenous Offshore Support Vessels operator…

Fugro Bags Offshore Survey Work in UAE

Apr 17, 2023

Dutch offshore survey services firm Fugro has won a site characterization services contract in support of what it said was one of the largest long-term field development programs in the United Arab Emirates.Starting in April 2023, Fugro will conduct multiple offshore surveys…

Siemens Gamesa Taps Cadeler for Offshore Wind Installation Gig in Denmark

Apr 17, 2023

Danish offshore wind installation contractor Cadeler has signed a contract with Siemens Gamesa to transport and install 26 Siemens Gamesa 11MW wind turbines at the Aflandshage wind farm developed by HOFOR, Greater Copenhagen utility company…

Shell Launches Its First Electric Ferry at Singapore Plant

Apr 17, 2023

Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and said it would work with the city-state's port authority to cut emissions from ships.The move is a step towards meeting the Singapore port authority's…

Equinor Starts Production from Bauge Offshore Field

Apr 17, 2023

Norwegian oil and gas firm Equinor said Monday that production had started from the Bauge subsea field in the Norwegian Sea. Bauge is tied back to the recently upgraded Njord platform. Recoverable reserves in Bauge are estimated at 50 million barrels of oil equivalent…

Britain Wants to Take Part in Japan's Offshore Wind Development

Apr 17, 2023

Britain wants to take part in developing Japan's offshore wind power via options ranging from the participation of its energy companies to providing financing and insurance, Energy Security Secretary Grant Shapps told Reuters. The Group of Seven…

Qatar Energy Lifts June Al-Shaheen Term Price - Traders

Apr 14, 2023

Qatar Energy set the term price for cargoes of al-Shaheen oil loading in June at a higher level than for May, indicating stronger demand for crude for the summer amid tightening supply after producers agreed to cut output. Qatar set the price for June cargoes at a premium of about $2…

AFC to Buy Ghana-focused Aker Energy

Apr 14, 2023

AFC Equity Investment has agreed to buy Aker Energy, a company working to develop the Pecan oil field offshore Ghana, from Aker Capital and The Resource Group TRG AS.Aker today holds 50.79 percent of the shares in Aker Energy, and TRG holds 49…

Norwegian Petroleum Directorate Names Stordal Director General

Apr 14, 2023

Torgeir Stordal has been appointed Director General of the Norwegian Petroleum Directorate (NPD). He has been filling the role since June of last year, and has now been appointed for a six-year term.Norwegian Minister of Petroleum and Energy…

Chevron Relinquishes Offshore Oil and Gas Permits in Western Canada

Apr 14, 2023

Chevron Canada said Thursday it was voluntarily relinquishing 19 offshore oil and gas permits on Canada's west coast.The licenses are located within the Scott Islands marine National Wildlife Area and the Hecate Strait and Queen Charlotte Sound Glass Sponge Reefs Marine Protected Area (MPA)…

ADNOC Drilling to Provide Drilling Services for ADNOC's Largest Producing Offshore Field

Apr 14, 2023

ADNOC Drilling has won a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore starting in the second quarter of 2023.ADNOC Drilling will provide IDS for the development of the Upper Zakum field…

Colette Cohen to Step Down as CEO of Net Zero Technology Centre. Myrtle Dawes to Take Over

Apr 14, 2023

Colette Cohen OBE is standing down as CEO of the UK-based Net Zero Technology Centre (NZTC). Myrtle Dawes has been announced as NZTC new CEO.Colette Cohen launched the center, then known as the Oil and Gas Technology Centre, in 2017.Created as part of the Aberdeen City Region Deal…

Dutch Gov't Promises Support to Shell to Cut CO2 Emissions

Apr 14, 2023

The Dutch government on Thursday said it would support oil and gas company Shell SHEL.L in its efforts to reduce its CO2 and nitrogen emissions in the Netherlands in the coming years. The government said it would look at building infrastructure…

Angola Expects Oil Output to Increase Next Year

Apr 13, 2023

Angola expects its oil production to temporarily increase next year on the back of recent private investments in the sector, but output will remain below 1.5 million barrels per day, its finance minister told Reuters on Thursday.Beyond next year…

Guyana Delays Closely-watched Oil Blocks Auction to July

Apr 13, 2023

Guyana's closely watched auction of 14 offshore oil blocks faces a delay with the South American country pushing back the deadline for oil explorers to submit bids to mid-July.The three-month delay is in response to industry feedback and the…

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