General – Contracts
Solstad Offshore announced multiple contract awards with undisclosed clients for Normand Jarstein, Normand Australis and Normand Scorpion.
[Read more…] about Multiple contract awards for Solstad
Transference of contractual right
Fossil Energy – Contractual Right
Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in the country to a unit of US-based firm ConocoPhillips.
[Read more…] about Transference of contractual rightFixed-price contract for offshore wind development in Korea
Wind Energy – South Korea
Copenhagen Infrastructure Partners (CIP) and Vena Energy have announced that their joint offshore wind project, Taean Wind Power, has secured an offtake contract in the 2024 Wind Power Fixed-Price Contract Auction organised by the Korea Energy Agency (KEA).
[Read more…] about Fixed-price contract for offshore wind development in KoreaTrump’s climate withdrawal creates rare discord with Big Oil
Politics – USA
According to Reuters, U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say his decision to withdraw the United States from international climate cooperation will not help their investment plans in the global transition to cleaner energy.
[Read more…] about Trump’s climate withdrawal creates rare discord with Big OilKuwait Oil discovered offshore field with estimated 800 mln oil barrels
Fossil Energy – Oil Discovery
Kuwait Oil Company said it has made a discovery of large commercial volumes of hydrocarbons at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil barrels and 600 billion standard cubic feet of associated gas.
[Read more…] about Kuwait Oil discovered offshore field with estimated 800 mln oil barrelsNew CEO for Corio Generation
General – Appointment
Jonathan Cole is stepping down as chief executive of Corio Generation at the end of January for personal reasons, Reuters reported earlier this week.
[Read more…] about New CEO for Corio GenerationAker Solutions signs long-term strategic partnership with Vår Energi
Fossil Energy – Strategic Partnership
Aker Solutions enters a strategic partnership agreement to deliver maintenance and modification services on Vår Energi operated assets and projects on the Norwegian Continental Shelf (NCS).
[Read more…] about Aker Solutions signs long-term strategic partnership with Vår EnergiTrump suspends new federal offshore wind leasing
Politics – Trump
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
[Read more…] about Trump suspends new federal offshore wind leasingExxonMobil discovers gas offshore Egypt
Fossil Energy – Egypt
ExxonMobil Egypt discovered hydrocarbons in the Nefertari-1 exploratory well in North Marakia block, about 5 miles offshore Egypt.
[Read more…] about ExxonMobil discovers gas offshore EgyptKey permit for Korean offshore wind project
Wind Energy – South Korea
Deep Wind Offshore Korea has secured a Public Waters Occupancy and Use Permit for the Admiral Lee Offshore Wind Project.
[Read more…] about Key permit for Korean offshore wind project
