Energy News

 

Norway's Offshore Safety Regulator Targeted by Phishing Attack

Aug 13, 2020

The Norwegian offshore oil and gas safety watchdog Petroleum Safety Authority Norway has been a target of a phishing attack.Per Phishing.org, phishing is a cybercrime in which a target or targets are contacted by email, telephone or text message…

DOF Subsea Scores Multiple Vessel Charters in Atlantic Region

Aug 13, 2020

Norwegian offshore support vessel owner DOF Subsea has said it has won several new contracts for survey, inspection, maintenance & repair, and decommissioning. 'A selection of the vessels in the DOF Subsea fleet shall be deployed to undertake the work…

RWE Wants CfDs for German Offshore Wind

Aug 13, 2020

German utility RWE supports the introduction of contracts for difference (CfDs) to spur growth in the country's offshore wind sector, chief finance office Markus Krebber said during a call with reporters on Thursday.Germany's upper house of parliament backs such an internationally proven mechanism…

Turkey's Erdogan Calls for Dialogue on Mediterranean Exploration Dispute

Aug 13, 2020

President Tayyip Erdogan said on Thursday that the only solution to Turkey's dispute with Greece over energy exploration in the eastern Mediterranean was through dialogue and negotiation, and Ankara was not seeking any 'adventures' in the region…

Jack-Up Rig Market Short to Medium Outlook Bleak, Shelf Drilling CEO Says

Aug 13, 2020

Jack-up drilling rig contractor Shelf Drilling has reported a sequential drop in quarterly revenue, citing rig utilization levels fall, and decreased day rates due to the COVID-19 pandemic.Revenue was $155.0 million in Q2 2020 compared to $181…

BP: No Plans to Sell Azeri Offshore Fields Despite Renewables Push

Aug 13, 2020

British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards renewables, Bakhtiyar Aslanbayli, BP's vice president for Azerbaijan, Georgia, and Turkey, said.Sources…

Xodus Launches Study to Boost Bankability of Floating Offshore Wind

Aug 13, 2020

UK-based energy consultancy Xodus Group has launched a three-year study on the costs around floating offshore wind with the aim of helping developers make their projects attractive to investors.The collaborative research project, led by Xodus through the IDCORE program…

CrossWind Hires Fugro for Hollandse Kust (noord) Wind Farm Site Survey

Aug 13, 2020

The CrossWind consortium, a Shell-Eneco JV, which recently won a tender to develop the Hollandse Kust (noord) offshore wind farm in the Netherlands, has tapped Fugro for site survey work.As part of the contract, Fugro will deliver a comprehensive…

AqualisBraemar to Oversee Construction of Offshore Wind Vessels in China

Aug 13, 2020

Offshore energy consultancy AqualisBraemar will oversee the construction of two self-elevating wind turbine installation vessels in China.The jack-up units will be constructed at Chinese shipyard Dayang Offshore Equipment. The vessels will be built for OuYang Offshore Co…

RWE to Sell Stake in Humber Gateway Offshore Wind Farm?

Aug 13, 2020

RWE aims to sell a minority stake in British offshore wind farm Humber Gateway, as the German utility seeks to release cash for expansion in renewable energy, two people familiar with the matter said.Morgan Stanley plans to launch the deal, which could value the asset at more than 1…

Wintershall Dea: Dvalin Drilling Completed Ahead of First Gas

Aug 12, 2020

Oil and gas company Wintershall DEA has said that the four-well drilling campaign has been completed on the Dvalin field in the Norwegian Sea, moving the project into the final development phase before first gas.Dvalin is a subsea tieback in…

Petrobras Selling Stake in Santos Basin Block

Aug 12, 2020

Brazilian oil company Petrobras is looking to sell at least half of its stake in a 698 square-kilometer pre-salt block in the Santos Basin offshore Brazil.Petrobras launched a teaser on Monday for the sale of 50% to 100% of its stake in the concession name BM-S-51…

OPEC Downgrades Oil Demand Forecast

Aug 12, 2020

OPEC on Wednesday said world oil demand will fall more steeply in 2020 due to the coronavirus pandemic and said next year's recovery faces large uncertainties, pointing to growing headwinds for the group and its allies in supporting the market…

Orsted Looking to Farm Down Stake in Borssele 1 & 2 Offshore Wind Project

Aug 12, 2020

Danish wind farm developer Orsted is exploring opportunities to sell parts of its Borssele 1 and Borssele 2 offshore wind farms in the Netherlands, CEO Henrik Poulsen said in a call with investors on Wednesday.'We are exploring the potential…

DOF Sells Two Offshore Vessels

Aug 12, 2020

Oslo-listed offshore vessel owner DOF has through its subsidiary DOF Rederi sold two offshore vessels.DOF said Wednesday it had sold the 2002-built anchor handler Skandi Giant. The AHTS unit has been sold to an unnamed international buyer for an undisclosed fee…

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