Energy News

 

Glamox Illuminates World's Largest Offshore Wind Farm

Jul 05, 2023

Glamox provided a lighting system for the first substation built for the world’s largest offshore wind farm at Dogger Bank, offshore the UK.The giant unmanned structure is one of three offshore high-voltage direct current (HVDC) substations being built for Dogger Bank…

Oil Output in Kazakhstan Down 21% on July 4 from July 2 after Blackout

Jul 05, 2023

Oil production in Kazakhstan plummeted by around a fifth on July 4 to 1.46 million barrels per day from July 2, after the widespread power outages, official data from an analytical center at the energy ministry showed on Wednesday. Oil refining volumes fell by 46% on July 4 to 20…

Decom Engineering Develops Its Largest Chopsaw Yet for Subsea Pipe Cutting

Jul 05, 2023

Northern Ireland-based offshore decommissioning technology firm Decom Engineering said Wednesday it had developed its largest Chopsaw to date in response to client demand for larger-sized subsea pipe-cutting capability.The C1-46 Chopsaw has…

Ørsted Advances Green Fuel Transition with Second Methanol-Powered SOV

Jul 05, 2023

Denmark-based offshore wind developer Ørsted and offshore vessel owner ESVAGT have signed a second contract for a methanol-powered vessel.Ørsted and ESVAGT have signed an agreement for a sister vessel to the world’s first methanol-powered service operation vessel (SOV)…

Brent Drops as Economic Headwinds Outweigh Supply Cuts

Jul 05, 2023

Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. Brent was down 46 cents…

Report: Abu Dhabi's Masdar to Join Iberdrola's Baltic Sea Wind Farm Project

Jul 05, 2023

Spanish utility Iberdrola has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea, Expansion newspaper reported on Wednesday, citing unidentified market sources…

Japan's Mitsui to Acquire UK's Pipeline Repair Specialist STATS

Jul 05, 2023

Japan's Mitsui & Co. has executed a share purchase agreement to acquire 100% of the issued shares of Aberdeen-based STATS (UK) Ltd., a company that manufactures proprietary energy pipeline repair equipment and provides engineering services.The…

Subsea 7 and EnBW Join Forces to Explore Offshore Wind-Powered Hydrogen Production

Jul 04, 2023

Offshore installation contractor Subsea 7 and German power supplier EnBW have signed a  Memorandum of Understanding to jointly explore offshore wind-powered hydrogen production concepts. Subsea 7 and EnBW will study the technical and commercial elements of green offshore hydrogen production…

Italy's Eni Wants to Reduce Oil Exposure with Asset Sales

Jul 04, 2023

Italy's Eni aims to reduce its exposure to oil in favor of natural gas and non-fossil fuels in part through asset sales, the energy group's CEO Claudio Descalzi said on Tuesday. Speaking at the Rome presentation of a report by the International Renewable Energy Agency (IRENA)…

Ocean Winds Pushes to Develop Offshore Wind Farms in Australia

Jul 04, 2023

Ocean Winds, a joint venture between Portugal's main utility EDP  and French company Engie, said on Tuesday it had lodged applications with the Australian government to develop offshore wind farms off the coast of Victoria.The JV, which participated…

Israel: Leviathan Field Consortium Plans $568 Million Pipeline to Expand Gas Production

Jul 04, 2023

Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports.Leviathan, a deep-sea field with huge deposits, came…

Jan De Nul and Hellenic Cables to Deliver Offshore Cables for German Offshore Wind Projects

Jul 04, 2023

Offshore installation firm Jan De Nul Group, in partnership with power cable maker Hellenic Cables, has won a contract from TenneT for the turnkey delivery of three HVAC offshore grid connection cables for the offshore wind farms to be developed in zones N-3…

Longboat Energy Expands Prospective Resources with New License Formation in Norway

Jul 04, 2023

Oil and gas company Longboat Energy said Tuesday that a new license group had been formed, and an extended work period has been granted in Norwegian license PL1049 in the Norwegian North Sea, which has been stratigraphically split and renamed PL1049S…

Jersey Oil & Gas, NEO Pick Development Solution for UK North Sea Oil Project

Jul 04, 2023

Jersey Oil & Gas, a UK-focused oil and gas company working to develop the Greater Buchan Area ('GBA') in the UK North Sea, said Tuesday it had finalized the development solution for the project.Jersey Oil & Gas, and NEO, soon to become the operator of the GBA licenses…

Another Short Term Extension for FPSO Offshore Nigeria

Jul 03, 2023

BW Offshore has signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.BW Offshore is in talks to divest the FPSO, operating at the Abo field offshore Nigeria, and seen as non-core to its FPSO fleet…

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