Energy News

 

Norway Approves Equinor's New Field Developments, Including Country's Deepest Offshore Field

Jun 28, 2023

Norwegian oil firm Equinor said Wednesday its plans for the development and operation of the subsea fields Irpa and Verdande, and the production well Andvare in the Norwegian Sea have been approved by Norwegian authorities. The gas field Irpa will be tied back to the Aasta Hansteen platform…

Sale of 37 PSVs to Tidewater: Solstad Offshore's Exit from PSV Sector Imminent

Jun 28, 2023

Norwegian offshore vessel owner Solstad Offshore has revealed the expected completion date for its previously agreed sale of 37 platform supply vessels to the U.S. offshore vessel firm Tidewater.Solstad Offshore in March said it would sell 37…

Wintershall Dea's Plans for Dvalin North and Maria Phase 2 Fields Get Green Light

Jun 28, 2023

Wintershall Dea and its partners Petoro and Sval Energi have received approval from the Norwegian Ministry of Petroleum and Energy (MPE) for their plans to develop the Dvalin North field and the second phase of the Maria field in the Norwegian Sea…

Mitsui OSK Gets AiP for Liquefied CO2 Vessel, Floating Storage Unit

Jun 28, 2023

Japanese shipping company Mitsui O.S.K Lines (MOL) 9104.T has received in-principle approvals for a liquefied CO2 vessel and a floating storage and offloading unit (FSO) from the American Bureau of Shipping, its Chief Executive Takeshi Hashimoto said on Wednesday…

Exporting Too Much Gas Could Jeopardize Israel's Energy Security, Warns Official

Jun 28, 2023

Israel should urgently examine how much natural gas the country should export to make sure it keeps enough for itself, a senior official at Israel's Finance Ministry said in a letter seen by Reuters. The country is expected to roughly double…

INEOS FPS Awards Long-Term Contract to Sparrows Group for Unity Platform Support

Jun 28, 2023

UK-based Sparrows Group, a company providing engineering and maintenance services for global energy and industrial sectors, has secured a three-and-a-half-year contract with INEOS FPS.Under the contract, Sparrows will provide crane and lifting equipment operations…

Norway Approves More than $18B in Oil, Gas Investments

Jun 28, 2023

Norway's government said on Wednesday it had given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come…

Brazil Aims to Pass Offshore Wind, Green Hydrogen Laws by 2023 End

Jun 28, 2023

Brazil aims to pass a regulatory framework for offshore wind and green hydrogen by the end of this year, the country's energy minister told Reuters on Tuesday, as Latin America's largest nation seeks to unlock new sectors to power its energy transition…

PetroNor to Receive Up to $85 Million in Guinea-Bissau Offshore Block Farm-Out Deal

Jun 28, 2023

Oil and gas company PetroNor E&P ASA has agreed to farm out 100 per cent of its participating interest in the two exploration licenses offshore Guinea-Bissau to an SPV owned by Apus Energy DMCC, a subsidiary of Petromal.According to the agreement…

Eni to Offload Non-Core Permits in Republic of Congo for $300M

Jun 27, 2023

Italian oil and gas giant Eni said Tuesday it had signed a deal to sell to Perenco its participation interest in several non-core permits in the Republic of Congo.'The transaction value is approximately $300 million, including firm and contingent consideration…

Synergia and Wintershall Dea Secure UK North Sea Carbon Storage License for Medway Hub CCS Project

Jun 27, 2023

Synergia Energy Ltd. said Tuesday that the North Sea Transition Authority ('NSTA') had confirmed that the Camelot carbon storage license application made by Synergia had been successful. The license application was made jointly with Synergia's 50:50 partner…

Technip Energies to Resolve Outstanding Matters with French PNF

Jun 27, 2023

French oil and gas services provider Technip Energies on Tuesday agreed to resolve its outstanding matters with the French Parquet National Financier (PNF).The agreement on the form of a Convention Judiciaire d'Intérêt Public (CJIP) was signed on June 22…

Havfram Chooses IFS Cloud for Managing Offshore Wind Operations

Jun 27, 2023

Cloud enterprise software company IFS said Tuesday that Havfram, the Norwegian offshore wind company with its two subsidiaries Havfram Wind and Kontiki Winds, has chosen to implement IFS Cloud.Havfram opted for the solutions to manage the urgent needs around its subsidiaries` core businesses…

In a 'World first', Lhyfe's Sealhyfe Pilot Starts Producing Green Hydrogen in the Atlantic

Jun 27, 2023

Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first.The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic…

Linjepartner to Deliver Overhead Power Lines for Aker BP's Power from Shore Project

Jun 27, 2023

Norway's Linjepartner has been selected as a partner for the delivery of overhead lines in Aker BP's Yggdrasil power from shore project. Yggdrasil is an offshore oil development in the North Sea, off Norway.According to a press release issued Tuesday…

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