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HomeOffshore

Offshore

EIA News

Week Recap: What’s Behind OPEC+’s Bold Move to Increase Oil Supply?

May 10, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout May 4, 2025 Clark Savage ENB Pub Note: Rooftop solar panels on homes are not bad; they must be appropriately designed […]

charter deal
International News

Germany, Egypt seal FSRU charter deal

May 9, 2025 Mariel Alumit

A BMWK spokeswoman confirmed the signing of the charter agreement to LNG Prime in an emailed statement on Friday. “The FSRU Energos Power has now been sub-chartered to Egypt – the BMWK has successfully signed […]

MOL
International News

MOL buys stake in Taiwanese offshore wind farm

May 9, 2025 Mariel Alumit

Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipowner Mitsui OSK Lines (MOL). Through this acquisition, MOL […]

Petrobras
Big Oil Companies

Petrobras plans to decommission 68 platforms and reuse three FPSOs

May 9, 2025 Mariel Alumit

Brazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two […]

ARO Drilling
Crude Oil News

ARO Drilling agrees extensions for five jackups with Saudi Aramco

May 8, 2025 Mariel Alumit

ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for the Valaris 250, Valaris […]

Downstream

Saudi Deficit & US Oil Cuts: What’s Next for Prices?

May 7, 2025 Andy Del Prado

Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great […]

Earnings

Ørsted shelves 2.4GW UK offshore wind project over rising costs –

May 7, 2025 Stu Turley

ENB Pub Note: I have included all wind projects and their costs in the article for Orsted wind profits. It does not make sense to invest in wind when the world is facing an economic […]

ENB Pub Note

Beyond Tariffs: The Real Struggle for Global Power

May 6, 2025 Clark Savage

ENB Pub Note: The following is an outstanding article from Armando Cavanha, from Brazil. He is a true energy leader and a friend of the Energy News Beat podcast. His opinions on the global tariff […]

Big Oil Companies

BP, partners to ship second Tortue LNG cargo

May 6, 2025 Mariel Alumit

ENB Pub Note: I have added a better description of the GTA LNG Export hub above: The GTA LNG Export Hub refers to the Greater Tortue Ahmeyim (GTA) Liquefied Natural Gas (LNG) project, a major […]

Electrical Generation / Utilities

18 US states suing Trump over shutdown of wind projects

May 6, 2025 Stu Turley

ENB Pub Note: This will be an interesting lawsuit from the Democrat-led states. The article following the summary of wind and types of electricity in these states filing the lawsuits will help understand the costs […]

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