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Authorities & Government - Offshore Energy

Authorities & Government

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Illustration; Credit: Morten Berentsen/NOD

Authorities & Government

Cooperation, cost cuts, and new tech keys to unlock oil & gas from tight reservoirs

Given the large quantities of oil and gas in so-called tight reservoirs on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has shed light on ways to speed up the oil and gas production from tight reservoirs off the coast of N

about 7 months ago

Authorities & Government

NKT wins its largest single project award ever with €2.2B contract for UK subsea link

Danish power cable manufacturer and installation firm NKT has signed the firm contract for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, said to be the largest contract for a single cable project in company history. With a va

about 7 months ago

FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO

Authorities & Government

PRIO gets its hands on operating license for Brazilian subsea tie-back project

Brazilian oil and gas company PRIO, formerly known as PetroRio, has picked up an operating license for a subsea tie-back project in the Campos basin off the coast of Brazil.

about 7 months ago

FPSO Energean Power works at the Karish field offshore Israel; Source: Energean

Authorities & Government

Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms

As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flo

about 7 months ago

Authorities & Government

Corpus Christi becomes second-largest US LNG export project thanks to export expansion approval

The U.S. Energy Department has approved a 12% expansion in exports at Cheniere Energy’s Corpus Christi liquefied natural gas (LNG) terminal, located on the La Quinta Ship Channel in South Texas. The authorization, signed by U.S. Secretary of Energy Chris Wright, allows additional exports of up to 0.

about 7 months ago

Authorities & Government

Worley hops on board Denmark’s national hydrogen transmission network

Australia’s engineering player Worley has secured an engineering, procurement and construction management (EPCM) services contract with Danish national transmission system operator (TSO) Energinet for the country’s national hydrogen transmission network that will link large-scale green hydrogen prod

about 7 months ago

Authorities & Government

Four companies jointly bid to develop Britain’s first hydrogen network in the Humber

National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber. Together as Humber Hydrogen, the partners are looking to develop a network that would connect projects across Yorkshire and

about 7 months ago

Authorities & Government

$20 billion Asian LNG project moves forward with environmental clearance

An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.

about 7 months ago

FPSO Prof. John Evans Atta Mills operating on TEN fields - Tullow

Authorities & Government

Tullow dishes millions to buy FPSO deployed in West Africa

Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has set the wheels in motion to acquire a floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Ghana, West Africa.

about 7 months ago

Authorities & Government

€17.5M investment to expand EMEC’s tidal energy test facilities

The European Marine Energy Centre (EMEC) has secured a £15 million (around €17.5 million) investment to expand its tidal energy research and development (R&D) infrastructure in Orkney, Scotland. The Blue Horizon project will expand EMEC’s tidal test facilities to enable the demonstration of tidal en

about 7 months ago

Authorities & Government

Consortium selected to lead Vietnam’s largest LNG power project

A consortium of South Korea’s SK Innovation, PetroVietnam Power Corporation (PV Power), a subsidiary of Vietnam’s state-run PetroVietnam group, and Vietnamese company NASU has been selected as the project developer for Vietnam’s largest LNG power project. Valued at approximately $2.3 billion, the Qu

about 7 months ago

Authorities & Government

US sets the date for third Gulf of America oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has proposed the date for the third offshore lease sale out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act.

about 7 months ago

Authorities & Government

Reach Subsea about to begin six-month survey campaign for second Shetland HVDC link

Norway’s Reach Subsea is anticipated to commence an offshore survey campaign next week for the second 525 kV HVDC cable link between Shetland and the Scottish mainland, known as the Shetland HVDC Link 2. Shetland 2 will connect 330 kilometers between Shetland and the mainland to bring 2 GW of renewa

about 7 months ago

Authorities & Government

North Sea oil & gas drilling ops with COSL rig good to go

Norwegian state-owned energy giant Equinor has secured the go-ahead from the country’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway.

about 7 months ago