Energy News

 

Eni's Geng North-1 Well Reveals Massive Gas Find Offshore East Kalimantan

Oct 02, 2023

Italian oil and gas firm Eni said Monday it had made a significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, about 85 km off the coast of East Kalimantan in Indonesia. 'Preliminary estimates indicate a…

Jan De Nul Orders Offshore Cable Layer with Record-Breaking Capacity

Oct 02, 2023

Offshore installation services company Jan De Nul has ordered an extra-large cable-laying ship with an 'unrivaled' cable-carrying capacity from China's CMHI Haimen shipyard.The vessel, to be named Fleeming Jenkin, will have a cable-carrying capacity of 28…

IWS Fleet Strikes Deal to Put Off Yard Payments for Offshore Wind Service Vessels

Sep 29, 2023

Integrated Wind Solutions' subsidiary, IWS Fleet AS, has agreed with the shipyard China Merchants Industry Holdings to postpone equity yard installments of a total of 36 million euros on IWS Seawalker, IWS Starwalker, IWS Moonwalker, and IWS Sunwalker offshore wind service vessels up to one year…

Global Underwater Hub Hosts Royal Visit from King Charles

Sep 29, 2023

A UK-based trade body representing companies operating in the UK subsea sector, Global Underwater Hub (GUH), received a visit from King Charles on Friday, September 29.GUH said it had provided King Charles with a tour of its premises in Westhill on the outskirts of Aberdeen…

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Sep 29, 2023

Oilfield services giant Baker Hughes said Friday it had secured two 'major' contracts from the Norwegian oil and gas company Vår Energi.The first contract, a nine-year engagement, is for well intervention. In addition to the interventions scope…

Dutch King Inaugurates Massive Offshore Wind Farm

Sep 29, 2023

Dutch King Willem-Alexander has officially inaugurated the offshore wind farm Hollandse Kust Zuid in the Dutch sector of the North Sea.To mark the occasion the king celebrated the completion of Vattenfall’s largest offshore wind farm to date together with executives of Vattenfall…

Danish Power Cable Maker NKT Clinches Record Order in Germany

Sep 29, 2023

Danish power cable maker NKT has been awarded a combination of five on- and offshore power cable projects embedded in a long-term framework agreement by the German transmission system operator 50Hertz.According to NKT, with a combined value of about 3…

Praxis Automation to Equip 59 RVOS Offshore Vessels with DP-2 Systems

Sep 29, 2023

Praxis Automation, a company specializing in ship automation, electrical propulsion, and dynamic positioning systems, will outfit 59 vessels of Saudi-based Rawabi Vallianz Offshore Services's (RVOS) with Praxis DP-2 systems.Under this RVOS fleet-wide contract…

Challenges Loom as Colombia Seeks Offshore Gas Development

Sep 29, 2023

Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability, and required infrastructure investments all make the situation uncertain…

Vroon Offloads 30 Offshore Service Vessels to Britoil

Sep 29, 2023

Britoil Offshore Services said this week it had acquired 30 offshore service vessels and supporting offices in Singapore from Dutch shipping firm Vroon.'The acquisition will see an expansion of Britoil’s operating footprint into the Mediterranean…

Biden's Five-year Offshore Oil Plan to Have Historically Few Lease Sales

Sep 28, 2023

The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature the lowest number of auctions in the history of the program in the four years to follow, according to three sources familiar with the matter…

Vestas to Supply 15MW Turbines for Poland's Largest Offshore Wind Project

Sep 28, 2023

Danish wind turbine maker Vestas has secured a firm order to deliver and install turbines for Poland's largest offshore wind farm.The order, from a joint venture between ORLEN and Northland Power, is for the supply of turbines for the 1.14 GW Baltic Power offshore wind farm…

Mexican Billionaire Carlos Slim's Firm Acquires Stake in Zama Offshore Oil Field

Sep 28, 2023

U.S.-based oil and gas company Talos Energy has completed the sale of its 49.9% interest in Talos Mexico to Zamajal, a subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos Slim.Talos Mexico, now owned 50…

Tugdock and Salamander Offshore Wind Team Up to Accelerate Floating Wind Energy Development

Sep 28, 2023

UK-based company Tugdock has signed a Memorandum of Understanding with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland.Tugdock, based in Cornwall, UK, has patented marine buoyancy…

Wind Power Industry Drifts Off Course

Sep 28, 2023

A perfect storm of supply chain delays, design flaws, and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors, and analysts said…

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