Energy News

 

Australia's Santos Rejects Allegations of Human Rights Violations

May 26, 2023

Australian gas producer Santos Ltd said on Thursday it was categorically rejecting the allegations of human rights violations at its Barossa Gas project, Darwin LNG Life Extension project and Narrabri Gas project.The company said some of its…

NOV's APL to Deliver Submerged Swivel and Yoke System for Wison's FLNG Project in West Africa

May 26, 2023

China-based Wison Offshore & Marine has awarded NOV's APL a contract to supply a Submerged Swivel and Yoke (SSY) system for deployment in shallow waters offshore West Africa.APL said the SSY would be used as a mooring and gas export solution…

Malaysia's Anti-graft Agency Says Probing Petronas, International Oil Firm

May 26, 2023

Malaysia's Anti-Corruption Commission (MACC) on Friday said it is investigating allegations of corruption involving state oil firm Petronas and an international oil and gas company.Petronas has cooperated fully with the commission in the investigation…

LS Cable & System to Supply Subsea Cables for Ørsted's Giant Offshore Wind Farms in Taiwan

May 26, 2023

South Korea-based power cable supplier LS Cable & System on Thursday signed a subsea cable supplier agreement with offshore wind developer Ørsted for Ørsted’s Greater Changhua 2b and 4 offshore wind projects in Taiwan.The 920MW projects Changua 2b and 5…

Nigeria's NNPC Signs Deals with Total, CNOOC on Deepwater Oil Block

May 26, 2023

Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta…

Heerema to Deliver Jacket for Aker BP's Munin Offshore Platform

May 26, 2023

Norwegian oil and gas company Aker BP has awarded Heerema Vlissingen a contract for the procurement and construction of the Munin platform jacket in the Yggdrasil area, offshore Norway.“This is an important contract for the Yggdrasil development…

Eversource Energy to Sell 50% Stake in US Offshore Wind Site to Ørsted for $625M

May 26, 2023

Eversource Energy on Thursday agreed to sell its 50% stake in a wind development site off the south coast of Massachusetts to joint venture partner Ørsted for $625 million in cash. The agreement to sell the lease area of about 175,000 developable…

TechnipFMC to Supply Subsea Systems for Shell's U.S. Gulf of Mexico Project

May 26, 2023

Oilfield services company TechnipFMC said Thursday it had secured an integrated engineering, procurement, construction, and installation contract with the oil giant Shell for its Dover development in the U.S. Gulf of Mexico. TechnipFMC said the contract was 'significant' in value…

Brazil's Petrobras Renews Bid to Win Offshore Oil Well License Near Amazon Mouth

May 26, 2023

Brazilian state-run oil firm Petrobras has asked to resume a process for a license to drill a controversial well near the mouth of the Amazon river, the company's chief executive said late on Thursday. CEO Jean Paul Prates' statement regarding…

BW Ideol, Elawan Energy Eye Joint Development of Floating Offshore Wind Projects in Spain and Portugal

May 25, 2023

Floating wind farm and technology developer BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further…

First US-Built Offshore Wind Substation Sets Sail

May 25, 2023

Offshore wind developers Ørsted and Eversource marked the sailaway of the first U.S.-built offshore wind substation, which departed a Texas fabrication facility Wednesday. The substation is transiting across the Gulf of Mexico and then up the…

Offshore Wind: RWE Becomes Sole Owner of 1.6 GW Nordseecluster

May 25, 2023

Northland Power on Thursday announced the sale of its full 49 percent stake in the Nordseecluster offshore wind portfolio to its partner on the portfolio, RWE Offshore Wind GmbH (RWE). With this, RWE will assume full ownership of the projects for a cash consideration of around 35 million euros…

Substation for First Commercial-scale US Offshore Wind Farm Leaves Denmark

May 25, 2023

The offshore substation and jacket foundation, bound for the U.S. offshore wind project Vineyard Wind 1, have left the quay at Bladt Industries’ production site in Southern Denmark, heading for its destination 35 miles from mainland Massachusetts…

Offshore Accommodation Firm Prosafe Appoints Interim CEO

May 25, 2023

Prosafe, an Oslo-listed offshore accommodation rig provider, has appointed Reese McNeel, the current CFO, to interim CEO and CFO effective immediately.The decision follows after Jesper Kragh Andresen, the current CEO, said he would in April…

Chevron Launches Sale of Congo Oil Assets - Sources

May 25, 2023

Chevron has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations on newer and more profitable production, industry sources said.The Congo assets could fetch up to $1.5 billion, according to two sources close to the process…

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