Friday, January 18, 2019

Energy News

GE to Test 12MW Turbine in Netherlands

Image: GE

Rotterdam's skyline will soon feature what is claimed as the world's largest and most powerful offshore wind turbine.GE Renewable Energy and Future Wind announced today that they have signed…

Siemens Gamesa Launches First 10MW Offshore Turbine

Image: Siemens Gamesa

Spanish offshore industry player Siemens Gamesa Renewable Energy (SGRE) has unveiled a giant new 10+ MW wind turbine it claims will boost yields by 30 per cent, paving the way for a new…

LNG Bunkering Vessels Rise to Nine, 30 More to Come

Image: SEA\LNG

The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other operators to adopt LNG.According to SEA\LNG…

Offshore Service Market to Outspace Onshore Shale

Graph: Rystad Energy

Spending on the offshore service sector will outpace spending on the onshore shale sector this year, said Rystad Energy.According to Rystad's Oilfield Service Research report, service companies…

Adnoc Fleet Slashes Carbon Emission 23%

Image: Adnoc

Adnoc Logistics & Services (Adnoc   L&S) announced that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.The marine and logistics subsidiary of the…

U.S. Crude Stockpiles Fall More Than Expected - EIA

U.S. crude oil stocks fell more than expected last week, while gasoline and distillate inventories rose more than forecasts, the Energy Information Administration said on Wednesday.Crude…

PetroChina Boosts European LNG Activity with Yamal Cargoes

Photo courtesy of PetroChina

China's top oil and gas company PetroChina is selling spot liquefied natural gas (LNG) cargoes on the European market from Russia's Yamal plant, adding to a flood of volumes to the continent amid subdued Asian demand…

CNOOC Storing LNG Offshore

© Juan Calcedo / Adobe Stock

China's state-owned CNOOC is temporarily storing liquefied natural gas (LNG) in a tanker off South Korea as a warmer than usual winter cuts expected spot demand for the fuel, industry sources…

Oil Majors Join Blockchain Platform

© spainter_vfx / Adobe Stock

Oil majors Chevron and Total, along with major Indian refiner Reliance Industries, have joined the blockchain-based platform Vakt, London-based Vakt said on Tuesday.Vakt, already in use…

Ingeteam Joins Spain's First Offshore Wind Turbine

Image: Esteyco

Spanish power technology giant Ingeteam is participating in the first bottom-fixed foundation offshore wind turbine prototype to be installed in Spain and the first of its kind in southern Europe.At the request of Estyco…

TenneT, Vattenfall Pact on Hollandse Kust Zuid

TenneT’s offshore transformer platform (artist’s impression). Image: TenneT Holding

European transmission system operator TenneT Holding and offshore and wind farm developer Vattenfall  have signed agreements for the offshore grid connection for the Hollandse Kust Zuid…

Aker BP Bags 21 in Norwegian Licensing Round

Image: Aker BP

The oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator…

Equinor Grabs 29 New Licenses on Norwegian Continental Shelf

Image: Equinor

Norwegian energy major Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 – 13 licences as operator…

Total Seeks Exit from Dutch Upstream

© zoneteen / Adobe Stock

Total has launched the sale of its offshore gas fields in the Netherlands, a move that would mark the French energy giant's exit from Dutch upstream production after 55 years, industry…

Masdar Buys Stakes in US Wind Farms

© Nando Lardi / Adobe Stock

Abu Dhabi Future Energy Company (Masdar) said on Tuesday it was acquiring John Laing Group's stakes in two wind farms in the United States, its first North American renewable energy investment.Masdar said it was buying stakes in t

Norway Awards Record Number of Exploration Blocks

© h368k742 / Adobe Stock

Norway awarded a record 83 blocks to explore for petroleum resources in mature areas of the Norwegian continental shelf, in a sign of continuing interest from oil companies in the country's oil sector…

Barclays Rejects Arctic Drilling

Image: NERC

U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing for the exploration or extraction of oil and gas in the Arctic.The…

Shell Joins Dutch Pension Fund to Bid for Eneco

Pic: Eneco

British-Dutch oil and gas company Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch producer and supplier of natural gas Eneco, which is heavily…

​​​​Petrobras Wants to Operate 3 Blocks in 6th Pre-salt

© Ranimiro / Adobe Stock

Brazil state-run oil firm Petroleo Brasileiro SA said on Monday it plans to exercise its preferential rights to operate three blocks in the next pre-salt deep water auction, due later this year…

Shell and PGGM Aim to Bid for Dutch Energy Company Eneco

Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco .The 53 municipalities that currently own Eneco, estimated by analysts to be worth about 3 bi