Energy News

 

Synergia and Wintershall Dea Secure UK North Sea Carbon Storage License for Medway Hub CCS Project

Jun 27, 2023

Synergia Energy Ltd. said Tuesday that the North Sea Transition Authority ('NSTA') had confirmed that the Camelot carbon storage license application made by Synergia had been successful. The license application was made jointly with Synergia's 50:50 partner…

Technip Energies to Resolve Outstanding Matters with French PNF

Jun 27, 2023

French oil and gas services provider Technip Energies on Tuesday agreed to resolve its outstanding matters with the French Parquet National Financier (PNF).The agreement on the form of a Convention Judiciaire d'Intérêt Public (CJIP) was signed on June 22…

Havfram Chooses IFS Cloud for Managing Offshore Wind Operations

Jun 27, 2023

Cloud enterprise software company IFS said Tuesday that Havfram, the Norwegian offshore wind company with its two subsidiaries Havfram Wind and Kontiki Winds, has chosen to implement IFS Cloud.Havfram opted for the solutions to manage the urgent needs around its subsidiaries` core businesses…

In a 'World first', Lhyfe's Sealhyfe Pilot Starts Producing Green Hydrogen in the Atlantic

Jun 27, 2023

Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first.The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic…

Linjepartner to Deliver Overhead Power Lines for Aker BP's Power from Shore Project

Jun 27, 2023

Norway's Linjepartner has been selected as a partner for the delivery of overhead lines in Aker BP's Yggdrasil power from shore project. Yggdrasil is an offshore oil development in the North Sea, off Norway.According to a press release issued Tuesday…

TotalEnergies, Petronas, and Mitsui Team Up to Develop Offshore Carbon Storage in Southeast Asia

Jun 27, 2023

TotalEnergies, Petronas and Mitsui have signed an agreement to develop a carbon storage project in Southeast Asia. The partners plan to evaluate several CO2 storage sites in the Malay Basin, including both saline aquifers and depleted offshore fields…

Guyana Not Interested in Joining OPEC, VP Says

Jun 26, 2023

Nascent oil producer Guyana is not interested in joining the Organization of the Petroleum Exporting Countries (OPEC), Guyanese Vice-President Bharrat Jagdeo said on Monday, as the South American country looks to rapidly boost production and attract new operators…

PGS, TGS, and SLB in Offshore Seismic Data Reprocessing Deal in Sarawak Province, Malaysia

Jun 26, 2023

Norwegian offshore seismic firm PGS and JV consortium partners TGS and SLB have signed a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province offshore Malaysia. This will be achieved by reprocessing…

Iberdrola, Partners to Upgrade New York's Power Grid for Offshore Wind Power Consumption

Jun 26, 2023

Spanish renewable energy company Iberdrola said Monday it woul dhelp deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company said it would add approximately 90 miles (about 150 km)…

More Norway Offshore Drilling Workers Warn of Strike Action

Jun 26, 2023

More Norwegian oil and gas drilling rig workers warned last Friday of potential strike action [this] week as unions and employers prepared to negotiate over wages, although any labor conflict was still unlikely to affect oil and gas output. The…

Indonesia Sets a July Deadline for IDD Offshore Gas Project Divestment

Jun 26, 2023

The Indonesian government hopes to have the matter of the operatorship of the Indonesia Deepwater Development (IDD) gas project settled by next month after years of delay, the energy minister said on Friday.Operator Chevron, which owns a 62% stake…

Eni Sees Synergies of Up to $1B from Neptune Acquisition

Jun 26, 2023

Italian energy group Eni said that synergies from the $4.9 billion acquisition of private equity-backed Neptune Energy could reach $1 billion as the two groups integrate their operations across key geographies. The acquisition announced on Friday…

Pertamina, Petronas Aim to Replace Shell in Masela Project, Indonesia Minister says

Jun 26, 2023

State energy firms Pertamina and Petronas plan to jointly take over Shell's participating interest in Indonesia's Masela gas project, the Indonesian energy minister said on Monday.Shell has been seeking to divest its 35% share in Masela and…

Subsea Cable Laying, Protection Innovation Funded in Japan

Jun 23, 2023

NYK, as a member of a consortium of four companies (also including: Sumitomo Electric Industries, Ltd.; Furukawa Electric Co., Ltd.; and Mitsui O.S.K. Lines, Ltd.) has been selected by Japan’s New Energy and Industrial Technology Development…

Siemens Energy Shares Tumble 31% as Wind Turbine Troubles Exposed

Jun 23, 2023

Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years.The group scrapped its 2023 profit outlook late…

Current News

Santos Inks Mid-Term LNG Supply Deal with TotalEnergies

Santos Inks Mid-Term LNG Suppl

A-O-S Puts Second G-Class CTV to Offshore Wind Service on US East Cost

A-O-S Puts Second G-Class CTV

Teledyne Marine Launches Intrepid – A GNSS/Inertial Navigation System

Teledyne Marine Launches Intre

Korean Firm Certifies Its Hybrid Offshore Wind CTV Design

Korean Firm Certifies Its Hybr

Subscribe for OE Digital E‑News

Offshore Engineer Magazine