Energy News

 

Atlantic Wind Transfers Orders Six CTVs

Aug 30, 2022

Rhode Island-based offshore wind farm crew transfer vessel company Atlantic Wind Transfers has ordered six crew transfer vessels to be built at St. Johns Ship Building in Palatka, Fla. The first two vessels, of the Chartwell Ambitious-class design…

Neptune Energy, Horisont Energi Team Up on Errai CCS Project in Norway

Aug 30, 2022

Oil and gas company Neptune Energy has signed a Memorandum of Understanding (MoU) with the Norwegian low-carbon tech firm Horisont Energi to develop the Errai Carbon Capture and Storage (CCS) project in Norway.According to Neptune Energy, Errai could store 4-8 million tonnes of CO2 annually…

Schlumberger, Subsea 7 and Aker Solutions to Form Subsea Engineering Firm

Aug 30, 2022

U.S. engineering firm Schlumberger and Norway's Aker Solutions plan to merge their subsea oil and gas construction business and to bring in a third rival, Oslo-listed Subsea 7, as a partner, the firms said on Tuesday.Aker Solutions will receive…

Kongsberg Digital Launches App to Provide Drillers with Up-to-date Well Insights

Aug 29, 2022

Kongsberg Digital, a provider of industrial software and digital solutions, has launched the SiteCom Trip Risk application to provide up-to-date well insights for drillers.According to Kongsberg Digital, the interactive application provides users with the latest information for navigating wellbores…

Oceaneering to Use HUVR's Inspection Data Management Software for Integrity Management Offerings

Aug 29, 2022

Subsea services and technology firm Oceaneering will use the Inspection Data Management Software (IDMS) platform provided by Austin-based software firm HUVRdata (HUVR) to enhance its current Integrity Management offerings.  'The arrangement…

Offshore Wind: Vestdavit Nets CSOV Davit Order

Aug 29, 2022

Vestdavit said Monday it had secured a contract to deliver its docking-head davit technology on a construction service operation vessel (CSOV) being built for Rem Offshore by Norwegian shipbuilding group VARD.The order for a PAP-15000 davit…

How Industry is Depending on Carbon Capture Tech for Climate Goals

Aug 29, 2022

Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture founded by oil firms Equinor…

Additional Oil & Gas Exploration Warranted, Elon Musk Says

Aug 29, 2022

The world must continue to extract oil and gas in order to sustain civilization, while also developing sustainable sources of energy, Tesla founder Elon Musk told reporters at a conference in Norway on Monday.'Realistically, I think we need to use oil and gas in the short term…

Germany Secures Link to Planned Baltic Sea Renewable Energy Island

Aug 29, 2022

Germany has secured a power link to a planned offshore wind hub in the Danish part of the Baltic Sea that will help reduce energy dependence on Russia, Denmark's energy ministry said on Monday.The planned energy hub on the island of Bornholm…

Petronas Carigali Taps Handal for Offshore Crane Work

Aug 29, 2022

Malaysia's Handal Energy said that its Handal Cranes subsidiary had received two letters of award from Petronas Carigali (“PCSB”).The LOAs are in relation to the companies' master service agreement for lifting equipment operation and maintenance services…

CGG's Sercel Sells 12000 Seabed Nodes to China's BGP

Aug 29, 2022

French seismic data firm CGG's subsidiary Sercel has sold the second batch of 12,000 GPR300 seabed nodes to China's BGP, following BGP's earlier major order of 18,000 GPR300 nodes in 2021. 'This represents a significant increase in the seismic…

Northern Lights JV in Yara CO2 Subsea Storage Deal

Aug 29, 2022

Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertilizer maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture…

Oceaneering's Hybrid AUV/ROV Achieves TRL 6 For Pipeline Inspection

Aug 29, 2022

Subsea services and technology specialist Oceaneering said Monday that its Freedom AUV, has achieved Technology Readiness Level 6 on a 1-9 scale.Oceaneering said that its Freedom, a hybrid AUV/ROV system, is the result of a long-term collaborative relationship between Oceaneering…

Asia LNG Price Hits Record High Ahead of Nord Stream Pipeline Outage

Aug 29, 2022

Asian spot liquefied natural gas (LNG) hit a fresh record high [last week] as South Korean and Japanese buyers restocked for the winter and a planned outage at the Nord Stream 1 pipeline next week pushed up European demand.The average LNG price…

Amplify Energy to Pay $13M to Settle Charges over California Offshore Oil Spill

Aug 29, 2022

A Texas oil company agreed to plead guilty to criminal negligence charges and pay nearly $13 million for a crude oil spill that killed wildlife and fouled southern California beaches, federal prosecutors said on Friday. Amplify Energy Corp repeatedly…

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