New Canada Regulation Aims to Streamline Offshore Permitting

The Impact Assessment Agency of Canada (The Agency), which leads federal reviews of major resources projects and answers to Canada’s Environment and Climate Change ministry, unveiled a new regulatory measure governing exploratory drilling offshore Newfoundland and Labrador (NL) on the 4th June.   The Agency…

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Eni in major overhaul as it shifts towards renewable energy

Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts towards energy transition.   The company will create two business units with one focused on oil and gas called “Natural Resources” and the second new unit which will…

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Borssele 1 & 2 foundations installed offshore the Netherlands

DEME Offshore’s installation vessel Innovation has installed 94 foundations at Ørsted’s Borssele 1 & 2 offshore wind farm in the Dutch North Sea.   Installation started in January. Despite COVID-19, the installation was completed on time, DEME said. The Sif site in Rotterdam has been…

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Green Hydrogen is an Environmentally Friendly Energy Source

Landsvirkjun has started the process of developing a hydrogen production facility at the 16MW Ljósifoss Hydropower Station, about 70 km outside of Reykjavík.   Landsvirkjun has presented the possibility to the District Board of Grímsnes and Grafnings District, who can decide whether to permit the…

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Subsea 7 contract offshore Netherlands confirmed

Subsea 7 has confirmed the award of a substantial (1) contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project.   As previously announced on 23 April 2020, the contract was subject to the client’s final investment decision, which has now…

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NZOG looking to acquire assets in Australia and New Zealand

New Zealand Oil & Gas (NZOG) is looking to increase its portfolio through the acquisition of producing assets, developing projects, and exploration prospects.   NZOG said in its strategic review on the 4th June that the future direction of the company would be to assess…

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US and Australia Sign SPR Lease Agreement

The US Department of Energy revealed on the 3rd June that the United States has finalised a Strategic Petroleum Reserve (SPR) lease agreement with Australia.   The deal, which was signed by US Secretary of Energy Dan Brouillette and Australia’s Minister of Energy and Emissions…

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Iraq Signs 2-Year Electricity Import Deal with Iran

Iran has signed an agreement on exports of electricity to neighbouring Iraq, covering 2020 and 2021.   The two sides signed the agreement during a visit to Baghdad by Iran’s Minister of Energy Reza Ardakanian, stressing their determination to broaden cooperation in the energy sector,…

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Siemens turbines to power Kasawari gas field complex offshore Malaysia

Malaysia Marine and Heavy Engineering (MMHE) has contracted Siemens Gas and Power to supply power equipment for Petronas’ Kasawari gas field development in the South China Sea, offshore Sarawak.   The package comprises three SGT-300 industrial gas turbine generators (GTGs), three mechanical-drive SGT-300 gas turbines,…

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Rolls-Royce wins UKAEA multi-disciplinary design engineering framework

Rolls-Royce has been awarded a full-service engineering design framework contract with the United Kingdom Atomic Energy Authority (UKAEA), the government research organisation responsible for the development of nuclear fusion power.   The four-year framework means that Rolls-Royce will support the delivery of multi-disciplinary projects covering…

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