Energy News

 

SIMEC Atlantis Gets Hold of 12MW Tidal Power Project Lease in France

Jun 22, 2020

Tidal energy company SIMEC Atlantis Energy (Atlantis) has said that the Prefecture de la Manche in France has approved the transfer of the lease to develop a 12MW tidal power project in Raz Blanchard from ENGIE to Normandie Hydroliennes. Normandie…

Drone Specialist Cyberhawk Lands 5-Year Deal with Shell

Jun 22, 2020

Drone-based inspection company Cyberhawk has said it has signed a five-year, multimillion-dollar software contract with oil giant Shell.Under the contract, Cyberhawk will provide its cloud-based asset visualization software iHawk for all onshore…

VIDEO: First Seamade Offshore Wind Turbine Generator Installed

Jun 22, 2020

Belgian offshore contractor DEME has installed the first offshore wind turbine generator at the Seamade offshore wind project in Belgium.SeaMade is a 487,2 MW offshore wind concession in the Belgian North Sea. Once complete, it will be Belgium's largest offshore wind farm…

Japan's JERA, France's ADEME, Ideol in Floating Wind Pact

Jun 22, 2020

Japanese power generator JERA said on Monday it has agreed with France's state-owned investment firm ADEME Investissement and French floating wind technology supplier Ideol on key terms for forming a joint venture to develop floating offshore wind farms…

CNOOC Buys Two Carbon-neutral LNG Cargoes from Shell

Jun 22, 2020

China National Offshore Oil Corp, or CNOOC, has agreed to buy from Royal Dutch Shell two cargoes of liquefied natural gas with offset carbon emissions, marking China's first gas imports of this kind, said the Shanghai Oil and Gas Exchange.CNOOC…

Petrobras' Ceara Cluster Shallow Water Fields Up for Sale

Jun 19, 2020

Brazilian state-run oil firm Petrobras has kicked off a sale process for its Atum, Curima, Espada and Xareu offshore oilfields, the company said on Friday.In a securities filing, Petroleo Brasileiro SA, as the company is formally known, said the shallow-water fields produce 4…

Neptune Energy Plans to Let 400 Office Workers Go

Jun 19, 2020

Oil and gas company Neptune Energy is looking to reduce its workforce by 400 positions, half of which are contractor roles, citing the impact of the COVID-19 and a drop in oil prices.'We anticipate approximately 400 roles across nine countries to be impacted by these proposals…

Altrad to Assist with Tolmount Platform Hook-Up

Jun 19, 2020

Industrial services provider Altrad has won a contract with Rosetti Marino to assist with the hook-up and commissioning of Premier Oil's Tolmount offshore gas platform in the Southern North Sea, offshore the UK.Under the contract, Altrad will be responsible for the provision of temporary access…

Construction Starts for Asia's Largest Offshore Wind Blade Manufacturing Facility

Jun 19, 2020

Taiwanese company Tien Li Offshore Wind Technology has started construction on 210,000 square meter facility in Taichung Harbour to supply offshore wind blades to Taiwan's growing offshore wind industry.Tien Li is one of key local supply chain partners of wind turbine builder MHI Vestas…

Norway's May Oil Output Down, But Still Above Forecast

Jun 19, 2020

Norway's oil production fell in May from the previous month but still exceeded official forecasts by 0.9%, the Norwegian Petroleum Directorate said on Friday.The country's crude oil output fell by 2.1% month-on-month from April to 1.74 million barrels per day…

Brent Crude Rises to Above $42 a Barrel

Jun 19, 2020

Oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet supply cuts and signs of demand, hit by the coronavirus crisis, recovering.Iraq and Kazakhstan, during a meeting of an OPEC+ panel on Thursday…

Shelf Drilling Loses Drilling Contract in Egypt

Jun 19, 2020

Shelf Drilling has seen another offshore rig contract terminated, this time for a jack-up rig for which it had secured a one-year contract extension in March.Namely, the Dubai-based jack-up drilling contractor in March said it had won a contract extension for the Trident 16 jack-up rig…

Australia: Triangle Energy Shuts Two Cliff Head Wells

Jun 19, 2020

Australian oil and gas firm Triangle Energy has shut production from two wells ell at the Cliff Head offshore field, one due to a pump failure, the other as a precautionary measure.'Production from CH6 [well] was shut-in on the afternoon of…

Norway Offers 36 Offshore Blocks to E&P Firms

Jun 19, 2020

Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.Western Europe's largest oil producer conducts regular licensing rounds to stimulate offshore oil exploration…

Petronas Puts Off Kebabangan Field Maintenance

Jun 19, 2020

Malaysia's Petronas said it has deferred maintenance activities at the Kebabangan gas field in Sabah, which had been originally slated for April.Malaysia implemented lockdown measures in March to curb the spread of the coronavirus.'Maintenance…

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