News

  • Vestas Secures 86 MW Order to Extend Wind Project in Finland

    Vestas has secured an 86 MW order with German developer CPC Germania for the Lakiakangas III project located in Isojoki in the South Ostrobothnia region of Finland.   The order includes the supply, installation and commissioning of 20 V150-4.2 MW wind turbines in 4.3 MW…

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  • Novatek ships first LNG cargo to United Arab Emirates

    Novatek has announced that Novatek Gas & Power Asia, a wholly owned subsidiary, shipped the first cargo of liquefied natural gas  from the Yamal LNG project to the United Arab Emirates under a spot contract.   The LNG cargo was trans-shipped in Europe onto the…

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  • OPEC to Hold Digital Workshop

    The OPEC Secretariat announced on the 27th August that it will host the second workshop on energy and information technology on the 21st September via videoconference.   According to OPEC, the aim of the workshop is to discuss and exchange information on a number of…

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  • Total spuds highly anticipated South African well

    French oil major Total has started drilling the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa following the Brulpadda discovery in February 2019.   The well is being drilled using the Odfjell Drilling-owned Deepsea Stavanger semi-submersible drilling rig.   The rig…

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  • Norwegian duo team up for floating offshore wind

    Odfjell Drilling has invested in Oceanwind AS, a company whose long-term objective is to own and operate harsh environment floating offshore wind turbines.   Odfjell said it intends to achieve a controlling position, subject to successful completion of the contemplated equity tranches.   Simen Lieungh,…

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  • No timeframe for restart of Keyera’s Wapiti gas plant

    Keyera Corporation has indefinitely extended the timeframe of a recently announced unplanned outage at its Wapiti natural sour gas processing and liquid stabilisation plant about 60 km south of Grand Prairie, Alberta.   Keyera informed Pipestone Energy Corporation on the 27th August that the issue…

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  • Insurance Jottings

    Laura churns across US$56 billion offshore energy assets: Skytek Hurricane Laura’s path to a US landfall has taken it through an area that has 533 offshore energy assets with estimated exposed value of US$54 billion, as well as 81 windfarms with estimated exposed value of…

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  • Malaysian firm to take full control of North Sea operator

    Malaysia’s DNeX has entered into a head of agreement (HoA) with Ping Petroleum to make an offer to acquire the remaining equity interest in Ping not currently owned by DNeX.   Ping Petroleum is an upstream company focused on shallow-water offshore production and development opportunities…

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