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Equinor Inks Long-Term Gas Supply Agreements with Germany’s SEFE

Dec 19, 2023

Norwegian energy industry giant Equinor has entered long long-term gas sales agreements with Germany’s state-owned energy company SEFE (Securing Energy for Europe), which also cover prospects for low-carbon hydrogen supplies.Under the agreements Equinor will supply SEFE with 111 TWh (ca 10 billion cubic meters - bcm) of natural gas per year from 1 January 2024 until 2034, with an option for another 5 years…

Russian Oil Companies Told to Boost Fuel Supply to Domestic Market

Apr 10, 2024

Russian Deputy Prime Minister Alexander Novak met heads of local oil companies on Wednesday, instructing them to maximiae gasoline and diesel supply to the domestic market, according to a statement posted on the government's Telegram channel…

AEP: New Western Australian Gas Supply Critical to Avoid Blackouts

Dec 13, 2023

The need for new gas supply in Western Australia (WA) is becoming increasingly urgent, says Australian Energy Producers (AEP) in a statement, warning the state and federal governments to unlock the state’s abundant reserves or face blackouts and higher prices…

Standard Supply to Sell PSV Trio for $72.2M

Nov 20, 2023

Oslo-listed Standard Supply has recently agreed to sell three large platform supply vessels, Standard Viking, Standard Supplier, and Standard Defender, for a gross of $72.2 million.Adjusting for ownership, proceeds to Standard Supply will be $69…

New Addition to Viking Supply Ships Fleet: Normand Statesman, Now Odin Viking

Nov 09, 2023

Swedish offshore support vessel owner Viking Supply Ships has taken delivery of the Normand Statesman AHTS vessel, under a bareboat charter deal signed with the vessel owner Ocean Yield in March 2023.As previously reported, Viking Supply Ships…

Viking Supply Ships Takes Delivery of Andreas Viking AHTS

Nov 03, 2023

Swedish offshore vessel owner Viking Supply Ships has taken delivery of the Andreas Viking AHTS, previously known as the Far Senator.In March 2023, Viking Supply Ships said it would take two Ocean Yield-owned AHTS vessels, Far Senator and Normand Statesman…

Finland Raises Gas Supply Risk Assessment Due to Pipeline Rupture

Oct 27, 2023

Finland's National Emergency Supply Agency said on Friday it had raised its risk assessment for gas supply security in the Nordic country following the damage earlier this month to the Balticconnector gas pipeline. 'An important gas import connection…

Viking Supply Ships Secures Long Term Contract for Far Senator AHTS Vessel in Australia

Oct 10, 2023

Viking Supply Ships, a company that owns and operates a fleet of offshore supply and icebreaking vessels, has secured a contract for the Far Senator AHTS vessel for operations outside Australia.'With operations performed by Go Offshore, the…

TechnipFMC to Supply Gas Injection Riser Pipes to Petrobras

Oct 06, 2023

Oilfield services company TechnipFMC has recently secured a contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil.TechnipFMC said the contract was a significant one, which for TechnipFMC means it is worth between $75 million and $250 million…

Maersk Supply Service's Vessel Bags Contract Extension for Angola Subsea Operations

Sep 25, 2023

Maersk Supply Service has secured a contract extension in Angola for its Subsea Support Vessel Maersk Involver for an additional 15 months.The Danish vessel owner said Monday that under the extended contract, the vessel and crew would support various subsea operations off the coast of Angola…

Sierra Leone Hit by Power Cuts after Turkish Power Ship Switches Off Supply over Unpaid Debt

Sep 08, 2023

Sierra Leone's capital Freetown has been hit by power cuts after Turkey's Karpowership switched off the electricity supply due to an unpaid debt of around $40 million, the energy minister said on Friday.Minister Kanja Sesay told Reuters that…

Maersk Supply Service to Narrow Business Focus

Aug 28, 2023

Maersk Supply Service has announced that it will focus on scale and competitiveness in two core business areas: offshore wind and offshore support vessels.By focusing on fewer business areas and regions, the company says it will increase its presence in core markets…

Offshore Wind Supply Chain Struggles Threaten Global Targets

Aug 17, 2023

The global offshore wind supply chain will require US$ 27 billion of secured investment by 2026 if it is to meet a fivefold growth in annual installations (excluding China) by 2030, according to energy intelligence group Wood Mackenzie.This…

Norwegian Firm to Supply Helideck for Hornbeck's Offshore Wind Vessel

Aug 07, 2023

Marine Aluminium AS has won a contract to supply the U.S. offshore vessel firm Hornbeck Offshore Services a helideck for its new conversion project. The 21-meter helideck has a landing capacity of up to Sikorsky S-92-sized helicopters.As previously reported by Offshore Engineer…

Europe Gas Supply Looking Good this Winter, Equinor CEO Says

Jul 26, 2023

Europe's outlook for gas supply is looking good for the coming winter given high gas reserves and plentiful access to supplies, Equinor CEO Anders Opedal told Reuters, but could tighten next summer due to lower reserves. With European gas storages currently 85% full and rising…

Current News

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Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

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