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KBR has won a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Dutch utility company, Eneco.
[Read more…] about CrossWind taps KBR for energy storage projectSaipem has exercised its purchase option concerning the seventh-generation Santorini drillship.
[Read more…] about Saipem strengthens its offshore drilling fleetAker BP announced that its board has approved the decision to submit plans for development and operation (PDO) for the NOAKA field development project, the Skarv satellite project, the Valhall PWP-Fenris project, and the Utsira High projects, offshore Norway.
[Read more…] about Aker BP gets board approval for $19bn investmentHaving just opened its first offshore wind farm (St Nazaire, 480 MW) France has launched tenders for two new ones. They’re bottom-fixed and will have a total capacity of 2.5 GW.
[Read more…] about France launches two new offshore wind tendersNeptune Energy today announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea.
[Read more…] about Neptune Energy confirms new discovery in Norwegian SeaEuropean countries’ imports of Russian LNG increased more than 40 percent between January and October this year (17.8 billion cubic meters) compared to the same period in 2021.
Russian LNG is not subject to sanctions by the EU.
In fact, Russian gas is considered essential to the energy security of some European countries. Yet there is nothing to stop Putin from cutting back on these gas supplies as well in retaliation for anti-Russian measures by the West. This could still force the EU to purchase the gas on the more expensive spot market.
France, Belgium, Spain, and the Netherlands accounted for almost all volumes.
Most Russian LNG is supplied by the Yamal LNG joint venture, which has Russian gas producer Novatek as its main shareholder. French energy giant Total is also in Yamal LNG, by the way.
This proves how difficult it is for Europe to break away from the Kremlin’s energy apparatus. Despite other boycotts of Russian energy products.
China continued to boost Russian energy imports last month, as purchases of natural gas, coal, crude oil and oil products increased to nearly $60 billion since the invasion of Ukraine, from about $35 billion a year ago.
[Read more…] about China’s spending on Russian energy nears $60 billion since warBritain’s North Sea Transition Authority has approved Jersey Oil & Gas’ (JOG) request to extend the second term of its P2170 license in the central UK North Sea, which contains the Verbier discovery.
[Read more…] about JOG progressing North Sea Greater Buchan Area farm-outKeppel FELS has delivered the first of three jack-up rigs to ADNOC Drilling Company.
[Read more…] about Keppel delivers 1st of three jackup rigs to Adnoc DrillingVestas announces that MunmuBaram, a joint venture between Shell and HEXICON AB, has named Vestas as the preferred turbine supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea.
[Read more…] about Vestas selected preferred supplier for floating wind project in South Korea
