US LNG exports are expected to nosedive in July and August due to a weak global market hit by the Covid-19 pandemic, according to the EIA. The agency said in its newest short-term energy outlook that US LNG exports averaged 3.6 Bcf/d in June and expects that they will average 2.2 Bcf/d in July and [
The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century.
Kriegers Flak Combined Grid Solution (CGS) has transmitted the first power between Denmark and Germany. The high-voltage cable system connects the Danish region of Zealand with the German state of Mecklenburg-Western Pomerania via the 605 MW Kriegers Flak and 288 MW Baltic 2 offshore wind farms. It
Orbital Marine Power has appointed Black & Veatch as lead engineering partner to support technology optimisation and cost reduction engineering under the company’s €5-million R&D programme. Supported by the INTERREG France (Channel) England TIGER project, the four-year programme will build on Orbita
U.S. offshore support vessel provider Seacor Marine has completed the acquisition of the remaining 50 per cent of the equity interests in SEACOSCO Offshore from COSCO Shipping.
SSE Renewables is renaming its Seagreen 2 and 3 offshore wind projects to Berwick Bank wind farm and Marr Bank wind farm, respectively. The move to rename the projects is to distinguish the two standalone offshore wind farms from the neighboring Seagreen 1 project, SSE said. According to the company
Malaysian offshore support vessel provider Icon Offshore has confirmed it is in the process of negotiating the acquisition of Perisai Petroleum Teknologi’s jack-up drilling rig.
CorPower is establishing a €16-million R&D, manufacturing & service centre for wave energy converters in Viana do Castelo, Portugal. The location will support CorPower’s flagship demonstration project HiWave-5. It will also support long-term development of supply and service capacity for commercial
Marine engineering specialists TSG Marine is working on a molecular technology to support the offshore energy sector on its exit out of the COVID-19 crisis.
Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a period of ten years. PowerGlobe did no
The international shipping industry will fail to tackle its global greenhouse gas (GHG) emissions unless it puts in place rules that truly reflect the climate impact of shipping fuels, a new report finds.
Norway-based well integrity specialist HydraWell has teamed up with fellow compatriot Exedra. The two companies will join forces with aim to bring new solution for the well abandonment and side-tracking markets. Initial focus will lie on the Norwegian market. The emphasis will be on novel methods of
Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (around $3.96 billion) as a result of a lower outlook for energy prices.
The Finnish technology group Wärtsilä has unveiled its reliquefaction system designed to reliquefy boil-off gas (BOG) onboard gas carriers and LNG bunker vessels.
