Energy News

 

Valaris Secures Rig Contract Extensions Worth $95M

Oct 04, 2022

Offshore drilling company Valaris has secured new contracts and contract extensions worth $95 million in total.The contracts were awarded subsequent to the issuing of Valaris' most recent contract awards and fleet status update on September 1…

Belgium's Elia Presents Plans for 'World's First' Artificial Energy Island

Oct 03, 2022

Belgium's transmission operator, Elia, has presented its draft plans for what is expected to be the world’s first artificial energy island. The energy island, called the Princess Elisabeth Island, will be located almost 45 km off the Belgian…

Sweden Sends Diving Vessel to Inspect Leaking Nord Stream Pipelines

Oct 03, 2022

Sweden sent a diving vessel on Monday to the site of Russian gas pipelines in the Baltic Sea that ruptured last week following blasts in the area, to probe an incident that has added new tension to Europe's energy crisis.Europe is investigating…

Petrobras Taps Shearwater for Large OBN Survey Offshore Brazil

Oct 03, 2022

Shearwater GeoServices Holding AS said Monday it had won a contract in Brazil for a large deepwater ocean bottom node (OBN) survey.The company will conduct the survey over the Petrobras-operated Grand Iara Project, involving the Berbigão, Sururu…

Nigeria to Award Flare Gas Contracts by End-December

Oct 03, 2022

Nigeria will award contracts for its flared gas by the end of December under an accelerated programme to harness gas that is released as a byproduct of oil production, the country's petroleum regulator said.President Muhammadu Buhari first…

Equinor Adds One Well to Odfjell Drilling Rig Scope

Oct 03, 2022

Offshore drilling contractor Odfjell Drilling said Friday that the Norwegian energy firm Equinor had exercised a further well for the Deepsea Stavanger offshore drilling rig.The well was added to the rig's scope under the continued optionality…

DOF, Solstad Offshore Win PSV Deals in Norway, Brazil

Oct 03, 2022

Norwegian offshore vessel owners DOF and Solstad on Monday said they'd secured vessel work in Norway and Brazil, respectively.DOF said that Norway's Equinor Energy AS had exercised its option to extend the firm period of the contract for Skandi Flora platform supply vessel by one year…

Norway Posts Soldiers at Oil, Gas Plants after Nord Stream Leaks

Oct 03, 2022

Norway's military said on Monday it had posted soldiers to help guard major onshore oil and gas processing plants, part of a wider effort to boost security amid suspicion that sabotage caused leaks in the Nord Stream gas pipelines last week…

Aker Solutions and Siemens Energy Win Norfolk Offshore Wind Project Work

Oct 03, 2022

Vattenfall has granted Aker Solutions and Siemens Energy consortium a limited notice to proceed contract for the Norfolk Boreas offshore wind project off the coast of Norfolk, UK.Under the agreement, Aker Solutions and Siemens Energy will provide…

Under the Bridge: Heerema's Crane Vessel Thialf Enters Baltic Sea (PHOTOS)

Oct 03, 2022

Dutch offshore installation firm Heerema Marine Contractors said Monday its semi-submersible crane vessel had crossed the Storebaelt Bridge, known as the ‘gate to the Baltic Sea.''This crossing is the first time a Heerema crane vessel has accessed…

Israel Upbeat on Draft Lebanese Demarcation Deal, Sees Gas Profit Sharing

Oct 03, 2022

Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas prospect. Hoping to defuse one source of conflict between the hostile countries and prod them toward accommodation…

Nord Stream Rupture May Be Biggest Single Methane Release Ever Recorded - UN

Oct 03, 2022

The ruptures in the Nord Stream natural gas pipeline system under the Baltic Sea has led to what is likely the biggest single release of climate-damaging methane ever recorded, the United Nations Environment Programme said on Friday.A huge plume of highly concentrated methane…

ConocoPhillips Scandinavia Raises Security Level after Drone Sightings

Sep 30, 2022

The Scandinavian unit of ConocoPhillips, a major oil and gas producer in Norway, has this week elevated the security level and emergency preparedness at its offshore and onshore facilities, the company said in a statement on Friday.'We confirm having made drone observations…

Brazil: Manati Field Output Interrupted Due to Low Gas Demand

Sep 30, 2022

Brazilian oil and gas company Enauta said Friday that the production at the Manati field offshore Brazil has been interrupted due to the reduction in gas demand.'According to Petróleo Brasileiro S.A. (Petrobras), field operator and buyer of the gas produced by Manati…

Japan Designates 'Promotion areas' for Offshore Wind Farms

Sep 30, 2022

;Japan's industry ministry said on Friday it has designated three 'promotion areas' off the coast of Nagasaki, Niigata and Akita prefectures for developing offshore wind farms, while selecting five 'promising areas' and 11 'potentially suitable areas'…

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