Energy News

 

BP Acquires Majority Stake in Deep Wind Offshore's S. Korean Offshore Wind Portfolio

Feb 15, 2023

Oil major BP has formed an offshore wind joint venture with Norway's Deep Wind Offshore to develop offshore wind farms in South Korea. As part of the deal agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio…

Petrobras Taps Maersk, Alcatel for Mero Field PRM System

Feb 15, 2023

The Brazilian oil and gas company Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) the contract for the supply and installation of a Permanent Reservoir Monitoring (PRM) system on the giant Mero field offshore Brazil…

Well-Safe Solutions, Apache in Multi-year Offshore Well Decommissioning Deal

Feb 15, 2023

Offshore decommissioning firm Well-Safe Solutions and oil firm Apache Corporation have signed a multi-year framework agreement to plug and abandon wells in the North Sea.The deal provides Apache with access to Well-Safe Solutions' decommissioning rigs…

Solstad Offshore Delivers Normand Jarl Vessel to New Owner

Feb 15, 2023

Solstad Offshore's subsidiary, Normand Ships, has completed the sale and delivery of the construction support vessel Normand Jarl to its new owner.Solstad Offshore first announced it had agreed to sell its 2013-built construction support vessel Normand Jarl in December 2022…

Aker Solutions Cyberattack: Digital Files Encrypted and Data Access Locked

Feb 15, 2023

Aker Solutions said Tuesday evening that its subsidiary CSE in Brazil had become the victim of a cyberattack that had impacted its IT systems. 'Aker Solutions is working to contain and neutralize the attack, but does not yet know the full extent of the situation…

Guyana to Complete New Oil Contract Model by Q2 as Offshore Auction Looms

Feb 15, 2023

Guyana expects to finalize a new oil production-sharing agreement model on time for an auction that will collect bids through mid-April, the country's vice president told an energy conference on Tuesday. The South American country has emerged…

Floating Energy Allyance Selects Ocean Infinity for Offshore Wind Farm Survey

Feb 14, 2023

Floating Energy Allyance (FEA), comprising of BW Ideol, Elicio, and BayWa r.e., has appointed Ocean Infinity to carry out an initial geophysical and geotechnical site investigation at its Buchan floating offshore wind project, 75 km to the northeast of Fraserburgh…

Snøhvit Future: Aibel Wins EPCI Contract for Melkøya Plant Upgrades

Feb 14, 2023

Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, has awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project.The Snøhvit…

Russia Says NATO Should Hold Emergency Summit over Nord Stream Blasts

Feb 14, 2023

NATO should hold an emergency meeting to discuss recent findings about September explosions at the Nord Stream gas pipelines, Russia's Foreign Ministry spokeswoman Maria Zakharova said late on Saturday.Investigative journalist Seymour Hersh…

ASSO Subsea Charters Rem Offshore's New CSOV

Feb 14, 2023

Norwegian offshore vessel owner Rem Offshore has secured a charter contract with ASSO Subsea for its newbuild CSOV Rem Power.The vessel will support the construction phase of offshore wind farms, providing welfare and transfer services to personnel…

Seaway 7 Wins Multi-million Dollar Offshore Wind Contract

Feb 14, 2023

Subsea 7's renewable energy focused subsidiary Seaway 7 said Tuesday it had won a large offshore wind contract. For Seaway 7, “large” contracts are worth between $300 million and $500 million.The client hasn't been named, but the contract is…

Østensjø Rederi to Manage, Operate Hyundai's Edda Fortis Flotel

Feb 14, 2023

After canceling its order for the vessel years ago, Østensjø Rederi has now announced that it will manage and operate the flotel Edda Fortis.The Norwegian offshore vessel operator, through its subsidiary Edda Accommodation ordered the Edda Fortis from the Hyundai shipyard in 2013…

History Made: Energean Announces First Ever Israeli Crude Oil Export

Feb 14, 2023

Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at Energean's Karish offshore field. 'For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets…

Tullow Oil's Ghana Unit Files for Arbitration on Tax Dispute

Feb 14, 2023

Tullow Oil said on Tuesday its Ghana unit filed for arbitration in London over two tax assessments the West Africa-focused oil producer received from local authorities.The tax assessments Tullow disputes amount to $387 million relating to a period from 2010 to 2020…

UK North Sea: Over 700 Bilfinger Workers Balloted for Strike in Pay Dispute

Feb 13, 2023

About forty offshore installations in the UK North Sea could be affected by strike action by Bilfinger workers beginning in early April 2023, over a pay dispute.Unite the union, a workers' rights union in the UK, said Friday that more than 700…

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