Energy News

 

Italy's Saipem Secures $4.1 Billion Contract for Offshore Project in UAE

Oct 05, 2023

Italy's Saipem, in consortium with Abu Dhabi's National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for an offshore construction contract related to the freshly sanctioned Hail and Ghasha Development Project in the United Arab Emirates…

Abu Dhabi's ADNOC Approves Multi-Billion-Dollar Hail and Ghasha Offshore Gas Project

Oct 05, 2023

Abu Dhabi-based oil and gas company ADNOC has reached the final investment decision and award of contracts for the Hail and Ghasha Offshore Development project offshore Abu Dhabi.Hail and Ghasha are part of Abu Dhabi’s Ghasha Concession which is set to produce more than 1…

QatarEnergy Expands Footprint in Egypt with East Port Said Exploration Block Win

Oct 04, 2023

QatarEnergy confirmed Wednesday it had won a new exploration block offshore Egypt as part of the 2022 EGAS International Bid Round.The results of the competitive bid process were announced by Egypt’s Ministry of Petroleum and Mineral Resources…

Crown Estate Increases Capacity for Offshore Wind Licensing Round

Oct 04, 2023

Britain's Crown Estate said on Monday it has amended plans for an offshore wind licensing round which aims to create floating wind technology off the coast of Wales and south-west England to make more capacity available to bidders.The licensing…

TotalEnergies and Macquarie Unit Bid to Build New Jersey Offshore Wind Farm Amidst U.S. Challenges

Oct 04, 2023

A wind energy developer owned by France's TotalEnergies and a unit of Macquarie said on Monday it is bidding to build a wind farm off New Jersey's coast, expressing confidence in the sector after a series of U.S. setbacks.Spinning power from…

BP Explores $1 Billion US Gulf of Mexico Pipeline Stake Sale - Sources

Oct 04, 2023

BP is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billion, according to people familiar with the matter.The potential divestment would help BP meet its targets to reduce debt and maintain its dividend…

MOL and EDF Renewables Join Forces to Drive Offshore Wind and Green Hydrogen Development

Oct 04, 2023

Japanese shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) and French renewable energy firm EDF Renewables have signed a memorandum of understanding (MoU) to cooperate in the acceleration of the development of offshore wind and related business and to encourage developments in green hydrogen…

Van Oord Set to Kick Off Cable Installation for Iberdrola's Baltic Eagle Offshore Wind Farm

Oct 04, 2023

Dutch offshore installation services company Van Oord is set to start the cable installation works on Iberdrola's Baltic Eagle offshore wind farm in Germany.'After Van Oord’s heavy lift installation vessel Svanen completed installation of all…

RWE, Sarens, Tugdock Team Up to Study Floating Wind Deployment Options

Oct 04, 2023

Renewable energy firm RWE said Wednesday it was funding a study to investigate the quayside offload and launch of two types of floating offshore wind platforms – one steel and one concrete – alongside the integration of next-generation wind turbine generators onto these platforms…

ABS AIP for Floating Offshore Nuclear Power Barge

Oct 03, 2023

A design for a floating offshore nuclear power barge from HD Korea Shipbuilding & Offshore Engineering (KSOE) and KEPCO Engineering and Construction Company, Inc. (KEPCO E&C) received approval in principle (AIP) from ABS.Project collaborators include ABS…

Norway: OKEA's First Operated Offshore Development Starts Production

Oct 03, 2023

The Norwegian oil and gas company OKEA said Tuesday it had started production from the Hasselmus gas discovery in the Norwegian Sea, on October 1, 2023. As a subsea tie-back to the Draugen platform, Hasselmus is expected to add 4,400 barrels of oil equivalents per day to production at plateau…

Brunei Shell Petroleum Seeks Damages in Arbitration Against Sapura Fabrication, Sapura Offshore

Oct 03, 2023

Sapura Energy said Monday that Brunei Shell Petroleum had issued notices of arbitration to its subsidiaries Sapura Fabrication and Sapura Offshore.Brunei Shell Petroleum is seeking arbitration against Sapura Fabrication in relation to the Salman development…

Expro Acquires PRT Offshore

Oct 03, 2023

Subsea services firm Expro said Tuesday it had completed its previously announced acquisition of offshore services provider PRT Offshore.PRT Offshore is based in Houston, Texas, and provides a complete Hook-to-Hanger solution enabling comprehensive well completions…

Eni to Deploy Cylindrical FPSO, Converted FSO at Giant Offshore Oil Field in Ivory Coast

Oct 03, 2023

Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Ivory Coast.The vessels are set for deployment on the Baleine field with a 15-year firm contract…

Moray West Offshore Wind Farm's Monopile Installation Set to Start

Oct 03, 2023

The Boskalis heavy lift installation vessel, Bokalift 2, arrived in Invergordon port on October 1, ready to start loading the first batch of three monopiles for installation at the Moray West offshore wind farm.  The first major component installation…

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