Energy News


VIDEO: Three Floating Wind Turbines Installed Offshore France

Oct 13, 2023

Dutch offshore energy industry specialist SBM Offshore said Thursday it had installed three floating wind units for the Provence Grand Large pilot project at their final location, 17 kilometers off the Port-Saint-Louis-du-Rhône, near Marseille…

Chevron Halts Exports Through Major Subsea Pipeline Between Israel and Egypt

Oct 13, 2023

Chevron has halted natural gas exports through a major subsea pipeline between Israel and Egypt and is supplying gas via an alternative pipeline through Jordan, the company said on Tuesday.The decision to halt exports via the East Mediterranean…

BP Says Bid to Acquire Stake in Israel's NewMed on Track

Oct 13, 2023

BP and Abu Dhabi National Oil Co's (ADNOC) $2 billion bid to acquire a 50% stake in Israeli gas producer NewMed Energy remains on track, a BP executive has told investors.BP remained 'very optimistic' about the deal despite the escalation of…

FPSO Planned for Namibia's Offshore Oil Discoveries. First Oil Expected in 2030

Oct 13, 2023

Namibia expects the first oil from major offshore finds by 2030 and is considering a Floating Production Storage and Offloading (FPSO) platform to help it export the crude oil, its petroleum commissioner said on Wednesday.Namibia, which has yet to produce any oil and gas…

UK Regulator Greenlights North Sea Oil Field Farmout

Oct 13, 2023

Malaysian oil and gas company Hibiscus Petroleum has received UK regulator approval to acquire a stake in a UK North Sea license from Rapid Oil, as proposed in late August 2023.Hibiscus Petroleum's subsidiary Anasuria Hibiscus, and Ping Petroleum on August 30…

Norway's Vår Energi's Taps Vissim for Offshore Oil Spill Detection Solution

Oct 13, 2023

Norwegian oil and gas company Vår Energi has contracted technology supplier Vissim to implement upgraded oil spill detection technology at its offshore installations in Norway.Vissim will provide a new and upgraded oil spill detection solution…

SBM Offshore Secures Fifth FPSO Contract in Guyana

Oct 13, 2023

Dutch firm SBM Offshore said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following…

NY Will Not Change Offshore Wind and Power Sales Contracts

Oct 12, 2023

New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for existing contracts to sell power.The state denial could…

Explainer - How Does Norway Export Its Natural Gas?

Oct 12, 2023

A gas pipeline and a data cable connecting Finland and Estonia under the Baltic Sea sustained damaged on Sunday due to 'outside activity' according to Helsinki, stoking concern over the security of energy supply in the region.Finland's neighbor Norway is Europe's largest gas exporter…

EPCI Contract Awarded for Polish Offshore Wind Farm Substations

Oct 12, 2023

The Baltic Power offshore wind farm project, a joint venture of ORLEN Group and Northland Power Inc., has awarded the EPCI contract for the two offshore substations for the Baltic Power Project to a consortium consisting of Bladt Industries…

UK Offshore Vessel Owner Welcomes Sustainable Shipping Specialist

Oct 12, 2023

North Star, a UK-based offshore vessel owner, with a growing fleet of offshore wind support vessels, has hired sustainable shipping specialist Dr Tamara Topić to lead on the implementation of its environmental, social, and corporate governance (ESG) strategy…

Nordics, Baltics Tighten Security at Energy Installations after Baltic Sea Pipe Burst

Oct 12, 2023

Norway and Lithuania tightened security at onshore energy installations, following Sunday's gas pipeline gas leak in the Baltic Sea, while Finland recommended energy operators to be more aware of security.On Tuesday, Helsinki said damage caused…

Japan's Marubeni and Partners to Invest $12.3B in UK clean energy

Oct 12, 2023

Japan's Marubeni Corp has pledged to invest 10 billion pounds ($12.3 billion) with partners over the next decade in clean energy in the United Kingdom, according to a memorandum of understanding (MoU) signed on Wednesday. Marubeni and the UK government signed the MoU…

PHOTO: Giant Semi-Submersible Drilling Rig Leaves Norway aboard COSCO Heavy Lifter

Oct 12, 2023

COSCO SHIPPING Heavy Transport shared images on Wednesday of its semi-submersible heavy lift and transportation vessel carrying a massive semi-submersible drilling rig.The company, which specializes in the handling of heavy cargoes, did not…

Oceaneering Wins Five-year Petrobras Contract

Oct 12, 2023

Oceaneering's Brazilian subsidiary, Marine Production Systems do Brasil, has secured a five-year contract from the Brazilian oil company Petrobras for the operation of three existing drill pipe riser (“DPR”) systems to support intervention and completion operations in Brazil…

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