Energy News

 

Prelude Loads First Tanker Since Output Suspension

Jan 17, 2023

The first liquefied natural gas (LNG) tanker to berth at Shell's Prelude floating LNG site off Western Australia since it was shut down after a fire has begun loading, Refinitiv data shows.The Methane Becki Anne vessel berthed at the Prelude plant on Jan…

NTSB Releases Preliminary Report on Offshore Platform Helicopter Crash

Jan 17, 2023

The U.S. National Transportation Safety Board has released a preliminary report on the December 29, 2022, fatal helicopter crash near a Gulf of Mexico oil platform. One pilot and three passengers died in the incident.'On December 29, 2022, about 0834 central standard time…

Archer Could Buy Baker Hughes' Coil Tubing and Pumping Business in the UK

Jan 17, 2023

Archer Limited has signed a term sheet with Baker Hughes to potentially acquire Baker Hughes’ coil tubing and pumping  (“CT&P”) business in the United Kingdom. 'The CT&P business fits well within Archer’s overall strategy to grow our drilling…

Crowley, ESVAGT to Build Service Operation Vessel for U.S. Offshore Wind Ops

Jan 17, 2023

U.S. maritime services company Crowley and Danish offshore service company ESVAGT will jointly build and operate a service operations vessel (SOV) under a long-term charter with Siemens Gamesa Renewable Energy. The vessel will serve in the U…

Big Oil's Good Times Set to Roll on After Record 2022 Profits

Jan 17, 2023

The West's top energy firms are expected to rake in a combined record profit of $200 billion from a turbulent 2022 marked by huge volatility in oil and gas prices after Russia's invasion of Ukraine with buoyant earnings likely to roll through 2023…

Mainprize Offshore Equips Fleet with Reygar's Vessel Monitoring System

Jan 17, 2023

Mainprize Offshore, an offshore services company, is installing Reygar's BareFLEET vessel monitoring system on seven of its semi-SWATH crew transfer vessels (CTVs) to make its growing fleet more efficient and improve its operational performance…

Chartwell Marine Gets Grant to Develop Methanol-Fuelled Vessel Design

Jan 17, 2023

Vessel designer Chartwell Marine has won of a £320,000 Innovate UK Smart Grant which will enable Chartwell and consortium partners — Boat Electric & Electronics and Engineered Marine Systems — to develop and test the feasibility of 'a market-first' methanol-fuelled vessel design…

Eni's Plentitude, Simply Blue Group to Build Floating Offshore Wind Farms in Italy

Jan 17, 2023

Plenitude, a division of Eni, and Simply Blue Group, an Irish developer of offshore renewable energy, have signed a deal to work together on a pipeline of new floating offshore wind projects in Italy. 'Through this collaboration, the parties…

Statkraft and CIP Team Up for Large-scale Offshore Wind Development in Ireland

Jan 17, 2023

Norway's Statkraft and Denmark's Copenhagen Infrastructure Partners (CIP) have partnered up to develop up to 2.2 gigawatts of offshore wind in Ireland. This partnership will see CIP acquire a 50% stake in Statkraft’s offshore wind portfolio in Ireland…

Caribbean Nation to Auction Up to 20 Offshore Gas Exploration Blocks

Jan 17, 2023

Trinidad and Tobago plans an auction this quarter of up to 20 offshore natural gas exploration blocks under new fiscal terms designed to increase the pool of potential bidders, people familiar with the matter said. The Caribbean nation has been…

First Turbines at Parkwind's Baltic Sea Wind Farm Start Generating Power

Jan 17, 2023

The first turbines at Parkwind's Arcadis Ost 1 offshore wind farm in Germany have started electricity production. According to Parkwind, Arcadis Ost 1 has been delivering power to the German grid since January 12, 2023.The 257 MW offshore wind farm is located in the German section of the Baltic Sea…

Lapa South West: Aker Solutions Wins 'Sizeable' Deal with Oil Giant TotalEnergies in Brazil

Jan 17, 2023

Norwegian offshore engineering and construction firm Aker Solutions said Tuesday it had won a 'sizeable' contract with the French oil major TotalEnergies in Brazil.The contract is for the provision of the subsea production system, tools, and…

Pertamina Still Discussing Plan to Take Over Shell's Abadi LNG Stake

Jan 17, 2023

Indonesian state energy firm Pertamina is still discussing its plans to participate in the Abadi liquefied natural gas (LNG) project with the country's upstream oil and gas regulator, officials said on Tuesday. Indonesia has been seeking an…

Guyana Expects State Oil Revenue to Hit $1.63B in 2023

Jan 17, 2023

Guyana's revenue from oil exports and royalties this year is expected to climb 31% to $1.63 billion, Finance Minister Ashni Singh said on Monday, on higher output from the addition of a third production facility near year-end. The South American…

UK Oil, Gas Licensing Round Attracts 115 Bids, Similar to Previous Round

Jan 17, 2023

Britain's first oil and gas exploration licensing round since 2019 attracted 115 bids, up from 104 in the last round, with the licences likely to be awarded from the second quarter, the North Sea Transition Authority (NSTA) said on Tuesday. Britain's…

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