Energy News


Exxon Set to Order Fifth Guyana FPSO, Sizing up More Blocks

Jan 16, 2023

Exxon Mobil Corp. is preparing to approve its fifth oil production project in Guyana and is considering taking additional exploration acreage, the head of its Guyanese operations, Alistair Routledge, told Reuters in an interview. The efforts…

Naming Ceremony Held for Edda Wind's CSOV

Jan 16, 2023

Edda Wind, the Norwegian offshore wind vessel owner, held a naming ceremony for its 'Edda Boreas' commissioning service operation vessel on Saturday.The traditional ceremony where a bottle of champagne was sacrificed for good luck took place at Gondan Shipbuilders in Spain…

Equinor Reports Partial Outage at Johan Sverdrup Oil Field Offshore Norway

Jan 16, 2023

The planned restart of the second process platform on Equinor's Johan Sverdrup oilfield has been postponed due to an equipment fault, and repairs are now ongoing, a company spokesperson told Reuters on Monday. Equinor's Sverdrup field last week suffered an outage due to a loss of power supply…

RWE Agrees to Sell Electricity from German North Sea Wind Farms to 12 Large Clients

Jan 16, 2023

German offshore wind developer RWE has signed deals with eleven German industrial clients and one large municipal utility to supply them with electricity generated by its offshore wind farms Nordsee Ost and Amrumbank West.Both wind farms are…

Indonesia Dispatches Warship to Monitor Chinese Coast Guard Vessel Near Offshore Fields

Jan 16, 2023

Indonesia has deployed a warship to its North Natuna Sea to monitor a Chinese coast guard vessel that has been active in a resource-rich maritime area, the country's naval chief said on Saturday of an area that both countries claim as their own…

NewMed Pressing Ahead with Capricorn Merger Ahead of Feb. 1 Vote

Jan 16, 2023

Israel's NewMed Energy LP said on Sunday it was making final arrangements for a merger with UK-based Capricorn Energy, whose shareholders will vote on whether to approve the deal on Feb. 1. Capricorn's shareholder ballot is due the same day…

Ørsted Seeks Permits for 15 GW New Offshore Wind in Sweden

Jan 16, 2023

Denmark's Ørsted has applied for permits to build 15 gigawatts (GW) of new Swedish offshore wind capacity, which could be up and running by 2032, helping to lower power prices and foster new green industries, the company said on Monday. These applications come on top of existing plans for 3 GW…

Qatar, UAE Energy Ministers Say Gas will be Needed for Long Time

Jan 16, 2023

The world will need natural gas for a long time, and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday…

Boskalis Wins U.S. Offshore Wind Farm Installation Deal

Jan 16, 2023

Dutch marine services firm Boskalis has won a contract with an undisclosed client to construct a large offshore wind farm in the United States.Boskalis will transport and install the wind turbine foundations and power cables. The company said it would deploy two crane vessels…

TotalEnergies Approves FID for $1B Lapa Oil Project Offshore Brazil

Jan 16, 2023

French oil major TotalEnergies has approved the final investment decision for the Lapa South-West oil development located in the Santos Basin, 300 kilometers offshore Brazil.The company operates the project with a 45% interest. Its partners are Shell (30%) and Repsol Sinopec (25%)…

BW Offshore's Abo FPSO Gets to Stay with Eni in Nigeria Until March End

Jan 13, 2023

FPSO leasing firm BW Offshore has signed another short-term extension for Abo FPSO offshore Nigeria.The contract extension is with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni. The extension runs until March 31, 2023…

BP Produced 20.4 mln Tonnes of Oil in Azerbaijan in 2022 - Ministry

Jan 13, 2023

BP produced 20.4 million tonnes of oil in Azerbaijan in 2022, the energy ministry said on Friday.Gas production from the Azeri-Chirag-Guneshli (ACG) field totaled 13.4 billion cubic meters (bcm), the energy ministry said, while 25.2 bcm was produced from the Shah Deniz gas project…

Marco Polo Marine Partners Up with S. Korean Firms for Offshore Wind Work

Jan 13, 2023

Marco Polo Marine, a Singapore-listed offshore vessel company, has entered the South Korean market with a 'landmark' Memorandum of Understanding signed with South Korean companies Namsung Shipping Co., Ltd. and HA Energy Co., Ltd. (“HA-E”).Under the MoU…

Gusting Forward: U.S. Gov't to Simplify Offshore Wind Rules to Meet Climate Goals

Jan 13, 2023

The U.S. Department of the Interior will reform its regulations for the development of wind energy facilities on the country's outer continental shelf to help meet crucial climate goals, it said in a statement on Thursday.The proposed rule changes…

TenneT, Petrofac, Hitachi Energy Pen Deals for 2GW Offshore Converter Stations

Jan 13, 2023

Today Dutch-German transmission system operator TenneT has signed deals with Hitachi Energy and Petrofac for early works in support of TenneT’s 2GW Program. The companies will start preparatory work and detailed engineering to ensure timely…

Current News

TDI-Brooks Completes Suriname Piston Coring Project

Trinidad Signs PSA with BP

Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29

Germany Preps for More FSRU Vessels

Subscribe for OE Digital E‑News