Energy News

 

Greencoat Renewables Buys Stake in German Offshore Wind Farm

Jan 03, 2023

Greencoat Renewables has agreed to buy 22.5% of the Butendiek offshore wind farm in Germany from Marguerite Pantheon.The wind farm is located in Germany's exclusive economic zone in the North Sea and consists of 80 Siemens Gamesa 3.6 MW turbines that have been operational since 2015…

First Full LNG Cargo Arrives to Uniper's Wilhelmshaven LNG Terminal

Jan 03, 2023

Today, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven.The LNG ship Maria Energy, owned by Tsakos Energy Navigation was loaded in Calcasieu Pass, USA, at…

Reabold Acquires Simwell Resources

Jan 03, 2023

Reabold, the AIM-listed investing company with a portfolio of upstream oil and gas projects, said Tuesday it had completed the acquisition of Simwell Resources Limited.Simwell Resources Ltd's website info shows that Simwell is a privately funded…

Petrobras' Next CEO Seen Overseeing Strategic Shift with Renewables Focus

Jan 03, 2023

The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras suggests President-elect Luiz Inacio Lula da Silva wants the state-run firm to pivot to more renewable energy projects.Since 2019, Petroleo Brasileiro SA has doubled down on deep…

Short-term Extension for BW Offshore FPSO in Nigeria

Jan 03, 2023

Oslo-listed FPSO leasing firm BW Offshore has signed a short-term contract extension for the Abo FPSO in Nigeria.The contract, which runs until January 14, 2023, is with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil giant Eni…

TGS, SLB, Petrobangla in 2D Seismic Survey Offshore Bangladesh

Jan 03, 2023

TGS on Tuesday announced a new regional multi-client 2D seismic program offshore Bangladesh in partnership with SLB and Petrobangla.The program's initial phase will comprise around 11,000 line kilometers of newly acquired high-resolution broadband…

US Lease Sale off Alaska Coast Draws One Bid

Jan 03, 2023

The U.S. government on Friday received just a single bid, from Hilcorp Alaska, for oil and gas drilling rights off the coast of Alaska the first federal auction in the region in more than five years.The offer of nearly 1 million acres in the…

2023 Outlook: The Offshore Service Vessel Market

Dec 30, 2022

The market for offshore support vessels has been through a rather rough few years since offshore exploration and production activity took a nose-dive in 2015 following the oil price crash the year before.The newbuild order boom that came with…

Turkey Accuses Cyprus of Stoking Tensions in Eastern Med with Its Gas Exploration Efforts

Dec 30, 2022

Turkey on has accused Cyprus of increasing tension in the Eastern Mediterranean after a consortium of Italian and French energy companies found more natural gas off the island earlier this week.Cyprus's hydrocarbon activities 'have been carried out unilaterally…

Offshore Wind: Finland Gov't Grants Research Permits to Eolus

Dec 30, 2022

Offshore wind farm developer Eolus has received research permits for two offshore wind farms in the Bothnian Sea. The company said these were important steps towards offshore wind production in Finland. The Finnish Government gave consent regarding…

Oil Set to End Turbulent 2022 With Second Annual Gain

Dec 30, 2022

Oil rose on Friday and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China. Crude surged in March with global benchmark Brent reaching $139…

Mini-ROV Firm BeyonC Joins Chevron's Catalyst Program

Dec 30, 2022

Mini-ROV technology company BeyonC has been selected to join Chevron Technology Ventures' (CTV) Catalyst Program, an initiative to help early-stage companies mature their technologies with the aim of benefiting the energy industry around the world…

FSRU Exemplar Arrives in Finland

Dec 29, 2022

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…

How Will Japan Resolve Shipping Insurance for Russian LNG imports?

Dec 29, 2022

Japan, the world's top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships travelling in Russian waters from Jan…

OKEA, DNO Looking at Options to Develop Brasse Discovery

Dec 29, 2022

The Norwegian oil and gas companies OKEA  and DNO Norge have signed a deal for OKEA to enter the offshore license in Norway containing the Brasse discovery, with a 50% stake effective January 1, 2023. Following the transaction, DNO  and OKEA will each hold 50% WI in the (PL740)…

Current News

Denmark Postpones Hydrogen Pipeline to Germany

Denmark Postpones Hydrogen Pip

BP Wins Favorable Senegal LNG Arbitration Decision

BP Wins Favorable Senegal LNG

Woodside Takes Over and Renames Driftwood LNG Development

Woodside Takes Over and Rename

Monstrous Hurricane Milton.... Triggering Evacuations From Storm-Weary Florida Coast

Monstrous Hurricane Milton....

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