(AP) — A fifth major offshore oil field being developed by a consortium led by ExxonMobil at an estimated cost of $12.7 billion will add another 1.3 billion barrels of recoverable oil reserves to the 10-billion barrel Guyana-Suriname basin, the Guyanese government said Tuesday. The Uaru-Mako project currently under review could come on stream in... Continue Reading →
Elizabeth Klein Named BOEM Director
(Reuters) The U.S. Interior Department on Tuesday named Elizabeth Klein, a lawyer who worked in the Obama and Clinton administrations, to head the bureau that oversees offshore oil, gas and wind development. Klein will take over for the current head of the Bureau of Ocean Energy Management, Amanda Lefton, who has resigned from the post... Continue Reading →
China’s CNOOC Eyes Record Oil, Gas Production for 2023
(Reuters) China's CNOOC Ltd has set its 2023 production target at a record 650 million to 660 million barrels of oil equivalent (boe), about 8% above last year's goal. The state-controlled offshore oil and gas company produced about 620 million boe last year, exceeding its goal of 600-610 million boe, CNOOC said on Wednesday in a... Continue Reading →
Guyana seeks Indian investment in its hydrocarbon sector
(Reuters) - Guyana wants Indian companies to invest in its oil and gas sector as the South American nation aims to expand its nascent energy sector, a senior Indian foreign ministry official said on Tuesday. Guyana's President Mohamed Irfaan Ali and Suriname's President Chandrikapersad "Chan" Santokhi, who are visiting India, held discussions on Monday with... Continue Reading →
Siemens Energy consortium receives 4-bln-euro wind power grid contract
(Reuters) - Siemens Energy (ENR1n.DE) and Spain's Dragados Offshore have been awarded a contract worth more than 4 billion euros ($4.29 billion) to build two converter systems for offshore wind energy grid connections in Germany, the German company said in a statement on Tuesday. Siemens Energy said the contract, which was awarded to the consortium of both... Continue Reading →
Brazil independent Enauta production up 5% in December
(PN) The production of the independent oil company Enauta in December reached the level of 18 thousand barrels of oil equivalent per day. The volume represents a growth of around 5% compared to the previous month, when the operator produced 17,000 barrels of oil equivalent per day. The Atlanta field, in the Santos Basin, Enauta's... Continue Reading →
Norwegian Petroleum Directorate Awards Seabed Mapping Contracts for Offshore Wind
(OED) Fugro and Enviros have secured contracts with the Norwegian Petroleum Directorate (NPD) for mapping of the shallowest strata under the seabed offshore Norway, with the objective of locating sites that are best suited for the installation of wind turbines. Fugro has won the contract for the Sørlig Nordsjø II area, while Enviros will map... Continue Reading →
All 50 Monopiles Completed for Iberdrola’s Baltic Eagle Wind Farm
Germany's EEW SPC has completed the construction of 50 monopiles for Iberdrola's second wind farm project in the German Baltic Sea, the Baltic Eagle. "In December 2022, as scheduled, the last monopile for the Baltic Eagle offshore wind project left the production line at EEW Special Pipe Constructions’ Rostock site," EEW said Monday. EEW constructed... Continue Reading →
Odfjell Oceanwind, Partner to Take Part in Norway’s Floating Wind Seabed Lease
Norwegian floating wind technology developer Odfjell Oceanwind said Monday it would, together with its partner Source Galileo, participate in the competition for seabed lease for floating offshore wind on Utsira Nord west of Haugesund in Norway, with their UtsiraVIND project. The three 500 MW seabed leases are intended to stimulate technology and innovation with the... Continue Reading →
Asso.subsea to install export cable for Ostwind 3
(OET) Hellenic Cables has signed a contract with Asso.subsea for the transportation, installation, and protection of the 220 kV submarine export cable that will connect 50Hertz’s own transformer platform at the Windanker wind farm in the Baltic Sea to the national grid as part of the Ostwind 3 grid connection system. The overall system will... Continue Reading →