Energy News

 

Twelve Bodies Recovered From Waters Off Hong Kong After Typhoon Chaba Sinks Ship

Jul 04, 2022

Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel snapped in two as tropical storm Chaba passed through, state television said.Maritime authorities of the southern province…

Greece Can Cope With Possible Russian Gas Disruptions Thanks to LNG - Minister

Jul 04, 2022

Greece can cope well with potential cuts in Russian gas supply due to the availability of liquefied natural gas (LNG) as an alternative, its energy minister said on Monday after a meeting with energy suppliers and grid operators on energy security…

Norwegian Offshore Oil Workers to Go on Strike on Tuesday

Jul 04, 2022

Norwegian offshore workers will likely go on strike on Tuesday in an industrial action that will cut oil and gas output as the negotiating parties have not made progress, the union and the lobby representing oil companies said on Monday.'As it stands now…

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Jul 04, 2022

Teekay Corporation has found a new home for its Sevan Hummingbird FPSO following its recent departure from the Chestnut field in the UK North Sea, after 13 years of production there for Centrica's Spirit Energy. The cylindrical FPSO has been…

Norway Greenlights Increased Gas Production at Several Offshore Fields

Jul 04, 2022

Norway's oil ministry on Monday said it had approved adjusted production permits for six offshore fields but that would not change the expected amount of gas Norway would export in 2022.The Nordic country expects to sell some 122 billion cubic meters of gas this year…

Pemex, New Fortress Energy Ink Deal on $1.5B Offshore Gas project

Jul 04, 2022

Mexican oil and gas company Pemex has signed a letter of intent with the U.S.-based company New Fortress Energy to resume work on a $1.5 billion offshore gas project in Mexico, Pemex Chief Executive Octavio Romero said on Friday.The agreement…

Fire Extinguished at Equinor's Largest Refinery

Jul 04, 2022

A fire that broke out at Equinor's Mongstad oil refinery on Norway's west coast early on Sunday was now extinguished, the company said, affecting the unit producing gasoline.The fire broke out in a part of the refinery that produces gasoline…

Cutting Emissions: Vestas Testing Use of Hydrogen-powered Crew Transfer Vessel

Jul 04, 2022

Danish offshore wind turbine manufacturer Vestas is partnering up with Windcat Workboats to launch a pilot program to explore how 'the world’s first' hydrogen-powered crew transfer vessel (CTV) can help reduce carbon emissions from its offshore service operations…

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

Jul 04, 2022

More than two dozen crew on an engineering [reportedly an offshore wind] vessel [Fujing 001] with 30 people on board were missing after it snapped in two in waters off Hong Kong as tropical storm Chaba passed through, authorities said.Three crew members were rescued…

Jadestone Restarts Output From Montara Field after Halt Due to Oil Leak from FPSO Tank

Jul 04, 2022

Asia Pacific-focused oil and gas company Jadestone Energy has resumed production from its Montara Venture FPSO in Australia, following a recent halt due to an oil leakdue to a 30 mm tank crack.Jadestone in June said that oil had spilled at Montara field offshore Australia…

Hezbollah Sends Drones Towards 'Gas Rig' at Israel's Karish Offshore Gas Field

Jul 04, 2022

Lebanon's Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig , which the Israeli military said it had intercepted. [Reuters illustrated the news with a photo of Stena Drilling's Stena IceMax drillship]…

Norway Strike Could Cut Gas Output by 13%

Jul 04, 2022

A planned strike [this week] by Norwegian energy sector workers could cut the country's gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers' group the Norwegian Oil and Gas Association (NOG) said on Sunday.Oil output could be cut by 130…

Cadeler Secures $192,3M Loan to Fund New Offshore Wind Vessels

Jul 01, 2022

Offshore wind installation contractor Cadeler has entered into a Senior Secured Green Revolving Credit Facility (“RCF”) of a 3-year term loan of EUR 185 million (around $192,3 million). Together with the company’s cash and cash equivalents,…

Aker BP Takes Over Lundin Energy's Oil and Gas Business

Jul 01, 2022

Norwegian oil and gas company Aker BP has taken over Lundin Energy's oil and gas operations, creating the second largest operating oil and gas company on the Norwegian continental shelf.Aker BP said in December 2021 it had agreed to acquire Lundin Energy's oil and gas business…

Deirdre Michie to Step Down as Offshore Energies UK CEO

Jul 01, 2022

Deirdre Michie OBE has decided to step down as Chief Executive of Offshore Energies UK, formerly known as Offshore Oil and Gas UK (OGUK).Michie will hand over the reins at the end of the year after almost eight years at the helm of the offshore energy industry trade body in the UK…

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