Energy News

 

Highland Council Grants Planning Permission for Pentland Floating Wind Farm's Onshore Infrastructure

Jan 26, 2023

Copenhagen Infrastructure Partners-led Pentland floating offshore wind farm has been granted planning permission in principle from Scotland's Highland Council for its onshore infrastructure.To be located 7.5km off the coast of Dounreay in Caithness…

First Sea Cable Installed for TenneT's West Alpha Offshore Substation

Jan 26, 2023

Jan de Nul Group and LS Cable & System have completed the installation of the first sea cable for West Alpha offshore wind substation for Dutch grid operator TenneT. The offshore installation contractors used the cable-laying vessel Connector…

Reuters: Equinor Launches Sale of Stake in Nigeria Offshore Oilfield

Jan 26, 2023

Norway's Equinor  has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western energy firms from the West African country as they focus on newer and more profitable operations, three industry sources said…

Trinidad Offers to Pay for Venezuelan Gas with Humanitarian Supplies

Jan 26, 2023

Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohibiting cash payments to the government of President Nicolas Maduro…

Libya to Sign Offshore Gas Deals with Italy's Eni, NOC's Bengdara Says

Jan 26, 2023

Libya's National Oil Corporation (NOC) will sign offshore gas exploration and production deals with Italy's Eni on Saturday, NOC head Farhat Bengdara told a television channel. The deal would require $8 billion to produce up to 850 million cubic feet a day of gas from the Mediterranean…

Offshore Wind: IWS Fleet Orders Two More CSOVs from Chinese Shipbuilder

Jan 25, 2023

IWS Fleet AS has ordered two more Walk-to-Work commissioning service operations vessels (“CSOV”) from China Merchants Industry Holdings Co., Ltd.The company said Tuesday that the two newbuilds would be delivered in the second quarter of 2025…

Floating Wind: Falck Renewables, BlueFloat Partner Up with Italian Steel Maker

Jan 25, 2023

The Italian steel company Acciaierie d’Italia has signed a letter of intent with the Falck Renewables and BlueFloat Energy´s partnership on strategic collaboration for the development of renewable energy projects.The parties have established a technical working group which will focus on four areas…

Scana's PSW Technology Wins 3-year Mongstad Maintenance Services Deal with Equinor

Jan 25, 2023

Norway's Equinor has awarded Scana-owned PSW Technology a three-year contract for maintenance services at the Mongstad refinery, Equinor's largest. The oil to the Mongstad terminal mainly arrives through two pipelines from Troll B and Troll C and connected offshore oil fields…

Hess Tops Wall St Profit Forecasts, Discovers More Oil Offshore Guyana

Jan 25, 2023

Energy producer Hess Corp. on Wednesday beat Wall Street estimates for fourth-quarter profit on higher crude prices, and said it had found more oil offshore Guyana.Western sanctions against major energy producer Russia and the decision of producer…

T7 Global Wins Offshore Decom and Headhunting Jobs from Hibiscus, PTTEP

Jan 25, 2023

Malaysian energy industry services provider, T7 Global said Wednesday it had secured two letters of award worth a combined value of approximately RM100 million (currently around $23,47 million). The letters of award were secured by the company's…

Megaton Project: Denmark's GreenGo to Build 4 GW Green Fuel Plant

Jan 25, 2023

Danish renewable energy developer GreenGo Energy said on Tuesday that it's cooperating on 60 billion Danish crowns ($8.77 billion) project to develop a green energy park.The company is cooperating with a local municipality in western Denmark…

Tullow Oil Ups 2022 Free Cash Flow Outlook, Ghana Tax Looms

Jan 25, 2023

West Africa-focused oil producer Tullow sees its 2022 free cash flow at $267 million, slightly ahead of previous guidance and up from $245 million the previous year, it said in a trading update on Wednesday. It plans to invest $400 million this year…

Ulmatec Nets Walk-to-work Gig

Jan 25, 2023

Ulmatec said Wednesday it had won a new contract for the supply of a 32-meter motion-compensated gangway and logistics support systems to a'major international player.''The gangway offers superior workability with its 12 m telescopic compensation…

Norwegian Marine Seismic Player Enters Offshore Wind Market

Jan 25, 2023

Norwegian company PGS, best known for its seismic survey services in the offshore oil and gas sector, said Wednesday it had scored its first offshore wind contract. The company said it had secured its first ultra-high resolution offshore wind farm site characterization project…

Seajacks Jack-ups Win New Contracts, Extensions

Jan 25, 2023

Eneti said Thursday that its subsidiary Seajacks had signed two new contracts in northwest Europe.Seajacks operates self-propelled jack-up vessels, which provide offshore installation services for offshore wind and oil and gas industries.Eneti…

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