Offshore Energy News - page 82


Cyprus and Israel Discussing Offshore Gas Pipeline Link

May 16, 2023

Cyprus and Israel are in talks over the construction of a pipeline linking their offshore gas fields, Cyprus's energy minister said on Monday.But George Papanastasiou appeared to play down prospects for an 'EastMed' pipeline taking eastern Mediterranean gas to continental Europe…

Swedish Gov't Grants OX2 Permission for 400 MW Offshore Wind Project

May 16, 2023

OX2 said Tuesday it had received permission from the Swedish government to build the northern part of the offshore wind project Galatea-Galene on the west coast of Sweden, with a potential capacity of 400 MW. The total project Galatea-Galene comprised 1…

Taiwan's Formosa 2 Offshore Wind Project Officially Inaugurated

May 16, 2023

Construction of the Formosa 2 offshore wind project in Taiwan has been completed, with the milestone marked by an inauguration ceremony at the Waipu Fishing Port in Miaoli to celebrate the successful construction of the offshore wind farm. With…

Solstad Offshore's Normand Pacific Vessel Secures Long-Term Contract with Prysmian

May 16, 2023

Offshore cable installation services firm Prysmian has awarded a new 7-year contract for Solstad Offshore's construction support vessel Normand Pacific for renewable energy works.The Normand Pacific CSV now has a firm contract with Prysmian until December 31…

Australia Aims to Scale Up Offshore CCS

May 16, 2023

Australia plans to scale up its capability for offshore carbon capture and storage (CCS) and will shortly seek public feedback on a new round of greenhouse gas storage acreage, the country’s resources minister said on Tuesday.The country, one…

Vietnam's PM Approves $135 Billion Power Plan for 2030

May 15, 2023

HANOI, May 16 (Reuters) - Vietnam said on Tuesday it has approved a long-awaited power plan for this decade, in a move meant to boost wind energy and gas, while reducing reliance on coal.Known as PDP8, the plan aims to ensuring energy security…

Ørsted to Store 430,000 Tonnes of CO2 Emissions Annually Under Seabed in Norway

May 15, 2023

Danish renewables firm Ørsted has signed a CO2 Transport and Services Agreement (TSA) with the Norwegian Northern Lights joint venture to store 430,000 tonnes of biogenic CO2 emissions per year from two power plants in Denmark.'This agreement…

Norway's Energy Minister to Formally Open Revamped Njord Field Facilities

May 15, 2023

Equinor-operated Njord field in the Norwegian Sea will be officially opened Monday by the Norwegian minister of petroleum and energy, Terje Aasland. The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades…

TotalEnergies Confirms Suriname Offshore Oil Deal

May 15, 2023

French oil major TotalEnergies said Monday it had, with its partners, signed Production Sharing Contracts (PSC) on Blocks 6 & 8 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname.Blocks 6 and 8 were awarded…

Noise Mitigation: Bubble Curtain to Be Deployed During Construction of U.S. Largest Offshore Wind Project

May 15, 2023

U.S. offshore wind farm developer Vineyard Wind will deploy and test a secondary bubble curtain noise mitigation system during foundation installation at the Vineyard Wind offshore wind farm, the first commercial-scale wind farm installation project in the U…

Record Orders, Strong Sales Drive Strong Q2 for Siemens Energy

May 15, 2023

Siemens Energy, which supplies equipment and services to the power sector, posted forecast-beating second-quarter sales and lifted its revenue outlook, as strong demand pushed the firm's order book past the 100 billion euro ($110 billion) mark…

Buyout House Apollo Rules Out Takeover of Britain's Wood Group

May 15, 2023

U.S. private equity firm Apollo Global Management on Monday said it would not proceed with a takeover offer for British oilfield services and engineering firm John Wood Group after tabling an exploratory bid last month.Apollo had until later…

Noble Secures $500M Deal with Petrobras for Ultra-Deepwater Drillship

May 15, 2023

Offshore drilling contractor Noble Corporation has secured a $500 million contract with Brazil's Petrobras for the ultra-deepwater drillship Noble Faye Kozack.The contract for the drilling at the BM-S-11 and Tupi fields offshore Brazil, has a firm duration of 2…

REM Purus' New CSOV Named in Aalesund, Norway

May 12, 2023

Commissioning Service Operation Vessel (CSOV) REM Power was named at a ceremony in Aalesund, Norway on Friday.The Rem Power, owned by Rem Purus, designed to offer services and maintenance operations at offshore wind farms, was named in the center…

Ireland Awards Four Contracts in First Offshore Wind Auction

May 12, 2023

Ireland awarded contracts to four offshore wind projects with the potential to produce 3.1 gigawatts of capacity in its first-ever offshore wind power auction, the government announced on Thursday.The schemes were awarded at a weighted average strike price of 86…

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