Offshore Engineer Industry News News - page 69

 

Atlantic Shores Picks Substation Expansion Contractor for NJ’s First Offshore Wind Project

Jun 26, 2024

Atlantic Shores Offshore Wind, a 50-50 partnership between Shell and EDF, has selected contractor Riggs Distler & Company to lead the Cardiff substation expansion program for Atlantic Shores Project 1, New Jersey’s first offshore wind project…

Former CEO of Indonesia's Pertamina Jailed Over Cheniere LNG contract

Jun 26, 2024

A former chief executive of Indonesia's state energy firm Pertamina has been sentenced to nine years in jail for graft in a case related to a long-term contract to procure liquefied natural gas from a unit of U.S. company Cheniere Energy.The…

Guyana Selects Former Exxon Exec's Firm to Engage with Exxon in Gas Project

Jun 26, 2024

A newly formed company headed by a former Exxon Mobil executive was selected to support the Guyana government and Exxon to create a new independent natural gas development in the country, Guyana's Ministry of Natural Resources said.Fulcrum LNG…

Developers Make FID for Canada’s $4B Floating LNG Project

Jun 26, 2024

Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, have made a final investment decision (FID) on the Cedar LNG project, a floating liquefied natural gas (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa)…

NYK Signs MoU with Pertamina

Jun 25, 2024

NYK and PT Pertamina International Shipping (PIS), a marine logistics subsidiary of PT Pertamina, a state-owned oil and gas company in Indonesia, have signed a memorandum of understanding (MoU) to collaborate in the field of liquefied carbon dioxide (LCO2) and LNG…

Exxon-led Guyana Oil Group's Net Margin Jumps in 2023

Jun 25, 2024

Guyana's lucrative agreement with an ExxonMobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp.The trio's combined net margin was 56%…

Danish Firms Acquires Siemens Gamesa Turbine for Floating Wind-Wave Demonstrator

Jun 25, 2024

Denmark-based renewable energy technology developer Floating Power Plant has acquired wind turbine generator from Siemens Gamesa for its flagship floating wind, wave, and green hydrogen hybrid offshore platform.The selected wind turbine, a 4…

NextFloat+ Floating Wind Project Gets Over $14M European Funding Boost

Jun 25, 2024

NextFloat+ project, being developed by X1 Wind, Technip Energies and NextFloat Plus, has received a multi-million-dollar grant from the European Commission’s Innovation Fund to accelerate deployment of X1 Wind’s 6 MW pre-commercial floating wind platform…

Majority of Oil & Gas Industry Leaders Optimistic on Sector Growth, DNV Survey Finds

Jun 25, 2024

Despite unprecedented energy challenges, 68% of oil and gas industry leaders have expressed optimism for sector growth in the coming year, according to the most recent survey by DNV.The latest DNV survey, The Paradox of Petroleum - How the oil and gas sector is transforming through uncertainty…

Germany Greenlights First Phase of RWE’s 1.6GW Offshore Wind Farm

Jun 25, 2024

German Federal Maritime and Hydrographic Agency has issued planning approvals for the first phase of RWE’s 1.6GW Nordseecluster, which includes the construction of 660 MW Nordseecluster A offshore wind project.The planning approval from the…

DOF Group’s Skandi Seven FSV Up for Long-Term Assignment

Jun 25, 2024

Norwegian offshore vessel operator DOF Group has signed a letter of intent (LOI) with an undisclosed energy company for its Skandi Seven field support vessel (FSV).The LOI entails a two-year firm and one-year optional contract. The contract is defined as very large…

Ocean Installer Scoops Major Subsea Contract for Equinor’s Troll Gas Field

Jun 25, 2024

Ocean Installer has secured the engineering, procurement, construction and installation (EPCI) contract for subsea umbilicals, risers and flowlines (SURF) scope from Equinor and its partners for the second stage of the Troll Phase 3 gas development offshore Norway…

Wison Secures $1B Contract from Genting to Build Indonesia’s First FLNG Unit

Jun 25, 2024

Malaysia’s Genting has awarded a contract to China’s Wison New Energies to construct a 1.2 mtpa floating liquefied natural gas (FLNG) unit to be deployed offshore Indonesia, under a deal worth over $1 billion.Genting’s engineering, procurement…

Conrad Inks Mako Field Gas Sales Agreement with Pertamina’s Subsidiary

Jun 25, 2024

Conrad Asia Energy has entered into a binding Gas Sales Agreement (GSA) for the sale and purchase of the domestic portion of Mako gas with PT Perusahaan Gas Negara (PGN), the gas subsidiary of PT Pertamina (Persero), the national oil company of Indonesia…

Africa Oil to Buy Out BTG's 50% Stake in Nigeria Joint Venture

Jun 24, 2024

Africa Oil has agreed to buy out BTG Pactual Oil & Gas's 50% holding in their Prime Oil & Gas joint venture in a deal that will see it take on BTG as a major shareholder, it said on Monday.Prime has offshore producing assets in Nigeria and accounts for 100% of Africa Oil's reserves and production…

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