Energy News

 

Qatargas Changes Name

Sep 14, 2023

Qatargas has changed its name to “QatarEnergy LNG,” to emphasize a future vision for Qatar’s liquefied natural gas (LNG) industry, QatarEnergy said Thursday.'With a new name and logo, “QatarEnergy LNG” will continue to deliver on its commitment to safety…

TotalEnergies to Evaluate $9 Billion Energy Project in Suriname

Sep 13, 2023

TotalEnergies will begin studies for developing a $9 billion oil and gas project at Suriname's most promising offshore area, the French energy firm said on Wednesday during a visit by its CEO to the South American country.CEO Patrick Pouyanne…

Seadronix to Install AI System on Wind Turbine Installation Vessel

Sep 13, 2023

Seadronix, a company specializing in artificial intelligence (AI) solutions for the maritime industry, said Wednesday it had won a tender to install its  AI situational awareness solution on a wind turbine installation vessel (WTIV). 'This will…

Turbine Installation Kicks Off at U.S. First Commercial-scale Offshore Wind Farm

Sep 13, 2023

Avangrid, Inc., a U.S. offshore wind developer and part of the Spanish Iberdrola Group on Wednesday announced the start of the wind turbine installation campaign for Avangrid’s Vineyard Wind 1 project offshore Massachusetts, the first commercial-scale offshore wind farm in the United States…

EU's Von der Leyen Pledges More Support for Wind Industry

Sep 13, 2023

The European Union will put forward a package of measures to support Europe's wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday…

Longboat Energy Expands Stake in Block 2A Offshore Sarawak with Topaz Acquisition

Sep 13, 2023

Longboat Energy, an E&P company active in Norway and Malaysia, has agreed to acquire privately held Topaz Number One Limited ('Topaz'), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia ('Block 2A') to 52…

BW Energy Boosts Gabon Production as Fourth Hibiscus Well Comes Online

Sep 13, 2023

Oil and gas company BW Energy has brought online the fourth well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. 'Well performance is in line with expectations with current production at approximately 6,500 barrels per day…

Tullow Oil Reduces Upper End of 2023 Output Outlook

Sep 13, 2023

West Africa-focused Tullow Oil on Wednesday reduced the upper end of its production outlook for this year to 58,000-60,000 barrels per day (bpd) from 58,000-64,000 bpd.The reduction was because of lower than expected production from its Jubilee…

Ahead of Schedule: Woodside's U.S. Gulf of Mexico Project Starts Production

Sep 13, 2023

Australian oil and gas firm Woodside said Wednesday its Shenzi North project has started production in the deepwater US Gulf ofMexico.Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase the production capacity of the asset…

US Oil Output to Rise More than Expected in 2023

Sep 12, 2023

U.S. crude oil production is forecast to rise more than previously thought in 2023, while global oil inventories are expected to fall after Saudi Arabia extended output cuts this month, the Energy Information Administration said on Tuesday.U…

North Africa Will be Italy's Key Gas Supplier for Years, Eni Top Exec Says

Sep 12, 2023

Algeria, Egypt, and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects…

UK's Climate Goals Unshaken Despite Offshore Wind Setback in Auction, Minister Says

Sep 12, 2023

The result of a recent subsidy auction for renewable energy projects does not threaten Britain's climate goals, its climate minister said on Tuesday, responding to criticism over a lack of demand for offshore wind development.Offshore wind developers stayed away from Friday's auction…

FoWeLo System Tackles Floating Offshore Wind Farm Logistics Challenges

Sep 12, 2023

Strategic partners Roll Group & Hebetec Engineering AG announced their shared patented solution for offshore wind farm load-outs during the SPE Offshore exhibition in Aberdeen last week.The solution was developed to provide efficient and cost…

Russia's Sakhalin Energy Resumes Operations in Full After Maintenance

Sep 12, 2023

Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance, Interfax news agency reported on Tuesday, quoting Gazprom's Deputy CEO Vitaly Markelov.The company has said it planned maintenance in July without providing a timeframe…

Forum Energy Technologies Launches Tooling Rental Service for ROVs

Sep 12, 2023

ROV-specialist Forum Energy Technologies (FET) has launched a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector.'With increasing ROV asset investment across hydrocarbon and offshore renewable energy…

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