Energy News

 

VIDEO: Hull of Giant Guyana-bound FPSO Enters Drydock in Singapore

Mar 24, 2023

Dutch FPSO leasing company SBM Offshore said Friday that the China-built hull of the FPSO ONE Guyana had entered drydock at Keppel Shipyard in Singapore.   One Guyana is one of SBM Offshore's largest-ever FPSO Units and is being built for deployment…

Denmark Invites Nord Stream Operator to Help Salvage Unidentified Object Near Baltic Sea Pipeline

Mar 24, 2023

Denmark on Thursday invited the Russian-controlled operator of the Nord Stream 2 pipeline to help salvage an unidentified object found close to the only remaining intact gas pipeline under the Baltic Sea. Three explosions last September on the…

Sea Lion Offshore Project in Falkland Islands Could Finally Reach FID in 2024

Mar 24, 2023

A final investment decision for the long-stalled Sea Lion development offshore the Falkland Islands could be reached in 2024, Rockhopper, a partner in the project, said Friday, after Navitas Petroleum, the project operator, presented it with an updated development plan…

ADNOC Eyes June Listing of Marine & Logistics Unit

Mar 24, 2023

State oil giant Abu Dhabi National Oil Co (ADNOC) plans to float its marine and logistics subsidiary in the coming months, two sources said, the second initial public offering of one of its businesses this year.ADNOC, which raised $2.5 billion from listing its gas business in March…

Colombia's Ecopetrol Must Grow Oil, Gas Output to Fund Transition, Chairman Says

Mar 24, 2023

Colombia's Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables, said Saul Kattan, the chairman of the majority state-run energy company.Colombia could be a world leader in the production of renewables like wind and green hydrogen…

Capricorn Energy to Cut Jobs in UK

Mar 24, 2023

Oil and gas producer Capricorn Energy CNE.L said on Thursday it would cut three fourths of its UK staff to keep less than 40 employees there as the oil and gas producer focuses on its Egypt operations. Capricorn told Reuters that the consultation…

OX2's Baltic Sea Offshore Energy Hub to Produce Both Electricity and Hydrogen

Mar 24, 2023

Sweden-based OX2 has started the development of the offshore energy hub Neptunus in the southern Baltic Sea, offshore Sweden.According to OX2, the energy hub is estimated to have a total installed capacity of 1.9 GW and will produce both electricity and hydrogen…

Port of Aberdeen Banks on Offshore Wind for Future Growth

Mar 23, 2023

Port of Aberdeen has welcomed more than 100 vessels working on offshore wind projects to the port so far this year, including the latest arrival of the Blue Tern jack-up installation vessel.Owned by Fred. Olsen Windcarrier, the Blue Tern jack-up is a 151-meter-long…

RWE's Kaskasi Offshore Wind Farm Starts Regular Operation

Mar 23, 2023

German offshore wind developer RWE said Thursday that its offshore wind farm Kaskasi, located around 35 kilometers north of the island of Heligoland, Germany, had officially started regular operation.With an installed capacity of 342 megawatts (MW)…

Semco Maritime, Local Firms in Aberdeen Getting Noble Jack-up Rig Ready for BP Gig

Mar 23, 2023

Semco Maritime said Wednesday it was, together with local companies, conducting maintenance works on the Noble Innovator jack-up rig in the Port of Aberdeen, prior to the rig's deployment back to the North Sea to undertake decommissioning activity for BP…

UK Firm's Decommissioning Tech Cuts Through Congo Offshore Project

Mar 23, 2023

UK-based Decom Engineering firm said Thursday that its specialist cutting technology had been successfully deployed on a decommissioning project offshore West Africa.Decom, an R&D specialist focusing on the design and fabrication of cutting solutions and innovative decommissioning equipment…

China Plans to Use Renewable Energy to Help Boost Oil & Gas Production

Mar 23, 2023

China plans to use renewable energy sources such as wind and solar to provide onsite power for enhanced oil and gas recovery techniques, according to the National Energy Administration.Gas output could be increased by 3 billion cubic meters (bcm) through pressure-boosted mining techniques…

Energean Looking to Boost Israel FPSO Capacity

Mar 23, 2023

Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year, CEO Mathios Rigas told Reuters on Thursday. The FPSO is…

EnBW Set to Build Its Largest Offshore Wind Farm in Germany Yet as FID Reached

Mar 23, 2023

German energy group EnBW has reached a final investment decision for He Dreiht offshore wind farm in Germany, clearing the way for the start of construction of EnBW’s largest offshore wind farm to date, with an installed capacity of 960 megawatts (MW)…

Serica Energy Completes Acquisition of Tailwind Energy

Mar 23, 2023

UK-based oil and gas company Serica Energy said Thursday it had completed the acquisition of Tailwind Energy and that admission of the completion consideration shares to trading on AIM has occurred.Serica said in December 2020 it would acquire Tailwind…

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