Energy News


Lukoil-Eni Congo Offshore License Bid Moves Forward

Mar 20, 2023

A joint bid between Lukoil and Eni for the rights to two of Congo's offshore energy blocks has moved forward, but has not yet completed, Interfax reported on Friday, citing a Lukoil executive and correcting previous agency reports that the contract had already been awarded…

Lhyfe, Centrica Team Up to Develop Green Hydrogen Offshore UK

Mar 20, 2023

Green hydrogen firm Lhyfe and UK-based energy and services company Centrica will jointly develop offshore renewable green hydrogen in the UK in what they say is 'a first' for the country. The two companies said they would explore combining their…

Edison Plans Final Investment Decision on East Mediterranean Gas Pipeline to Europe By End of Year

Mar 20, 2023

Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…

Vattenfall Picks Port for Giant Norfolk Offshore Wind Zone

Mar 17, 2023

Renewable energy developer Vattenfall has selected the port at Great Yarmouth, run by infrastructure specialists Peel Ports, as the preferred location for the operations and maintenance base for the Norfolk Offshore Wind Zone.When completed…

GEOS Wins UK, Norway Contracts for Energy Duchess Offshore Vessel

Mar 17, 2023

Norwegian offshore vessel owner Golden Energy Offshore Services AS (GEOS) has secured bring to work (B2W) contract for its offshore vessel  Energy Duchess and a medium-term contract in direct continuation.The 83.4-meter vessel of Ulstein PX121…

UK's SFO Seizes More than $8M from Ex-Petrobras Employee

Mar 17, 2023

Britain’s Serious Fraud Office (SFO) can seize more than $8 million of illicit cash linked to a massive Brazilian corruption scandal involving state-run oil company Petrobras, a London court ruled on Friday.The SFO successfully applied to confiscate $7…

HAL Buys Offshore Installation Equipment Firm IQIP from Royal IHC

Mar 17, 2023

HAL, the Dutch investment subsidiary of HAL Holding, has acquired IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets from Royal IHC for an undisclosed fee.IQIP is active worldwide and both sells and rents out equipment…

NATO's Stoltenberg, EU's von der Leyen Travel to North Sea Platform

Mar 17, 2023

The heads of NATO and the European Commission flew on Friday to a North Sea platform bigger than the Eiffel Tower in a visit underlining Norway's importance for gas supplies since Russia's invasion of Ukraine.The Troll A platform extracts gas from Norway's biggest gas field…

Dogger Bank A Sets Sail: Giant Offshore Wind Farm Takes Another Step Forward

Mar 17, 2023

Dogger Bank A, a substation for the first phase of the giant Dogger Bank offshore wind farm in the UK, sailed away from Aibel's Yard in Haugesund, Norway, on Thursday.Dogger Bank A is the first of three Offshore Wind Platforms Aibel is building…

After Delay, BW Energy Expects Closing of Petrobras' Oil Field Acquisition in Q2 2023

Mar 17, 2023

Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume.In June 2022, BW Energy signed an agreement…

EU Announces Plans to Lead Green Industrial Revolution

Mar 17, 2023

The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition.The…

Jan De Nul Starts Gode Wind 3 and Borkum Riffgrund 3 Contract

Mar 17, 2023

Offshore installation company Jan De Nul has officially started the transportation and installation contract for the construction of Ørsted’s 242 MW Gode Wind 3 and 900 MW Borkum Riffgrund 3 offshore wind farm in Germany.The first batch of three…

Halliburton Completes Offshore Wireline Service Work for Croatian INA

Mar 16, 2023

U.S. oilfield services firm Halliburton said Thursday it had recently provided offshore wireline services for Croatian INA Group in the Adriatic Sea. According to Halliburton, the wireline team completed logging operations on four wells, including 17 successful combined runs without any health…

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Mar 16, 2023

ASX-listed oil and gas company 3D Oil has completed the farmout of 80% interest and operatorship of VIC/P79 offshore block in Australia to ConocoPhillips, after the approval of the transfer of title documentation by the National Offshore Petroleum Titles Authority ('NOPTA')…

DNV Study Highlights Importance and Potential of Offshore Hydrogen Production in Europe

Mar 16, 2023

Offshore hydrogen production is paramount to meet the substantial increase expected in European hydrogen demand, as hydrogen is due to play a significant role as a low-carbon energy carrier – not only to decarbonize hard-to-abate sectors, but also to boost security of energy supply in Europe…

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