Beach Energy News


TenneT Begins Drilling Under Dunes for Laying Electricity Cables on Maasvlakte

May 28, 2025

In the coming years, grid operator TenneT will bring wind energy from the sea to land on the Maasvlakte. To enable the landing of these electricity cables, contractor NRG started six drillings under the dunes May 26. Three more will follow after the summer…

First Coastal Virginia Offshore Wind Substation Checks In at US Port

Jan 30, 2025

Port of Virginia’s Portsmouth Marine Terminal has welcomed the arrival of the first substation to be installed at the Coastal Virginia Offshore Wind (CVOW) project.The CS Wind Offshore and Semco Maritime consortium was selected by Dominion Energy…

INEOS Energy Puts New Equipment into Operation to Boost Breagh Gas Flow

Oct 10, 2024

INEOS Energy has brought online the electric-driven compressor at the Teesside Gas Processing Plant, which will boost gas flows from the INEOS-operated Breagh gas field offshore U.K.The new compressor represents a significant investment that…

50th Monopile Installed Off Virginia Beach

Aug 12, 2024

Dominion Energy has installed the 50th monopile foundation its the 2.6GW Coastal Virginia Offshore Wind project located 33 miles off the coast of Virginia Beach.The project is on schedule to hit the company's target of 70-100 monopiles set into…

Profit Decline, Reserves Downgrade Drag Beach Energy to 2.5-year Low

Aug 12, 2024

Australian oil and gas producer Beach Energy, backed by billionaire Kerry Stokes, slumped to a more than 2-1/2-year low on Monday after it reported a decline in profit and downgraded reserves for a key gas field in Victoria state.The company's shares closed 12…

Australia Awards New Offshore Acreage

Jul 22, 2024

Australia has awarded new offshore acreage for petroleum exploration and carbon capture and storage (CCS) opportunities.The Minister for Resources and Northern Australia Madeleine King will finalize permits for Esso and Beach Energy in the Otway and Sorrell Basins…

All Set for Cable Installation at US' First Utility-Scale Wave Energy Test Site

Jul 12, 2024

The installation of power and data cables at Oregon State University’s PacWave South, the first pre-permitted, utility-scale, grid-connected wave energy test site in the United States, is set to begin later in July.The cable installation marks…

Esgian Week 24 Report: Noble and Diamond Offshore Announce Merger Plans

Jun 16, 2024

Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling contract for a jackup with Suez Oil Company (SUCO) in Egypt…

Beach Energy Halts Development Planning for Bass Basin Discoveries Off Australia

Jun 11, 2024

Australian oil and gas company Beach Energy has ceased development planning for its Bass Basin discoveries, which include Trefoil, Bass, White Ibis and Yolla West, offshore Australia, amid strategic review.On conclusion of Beach's strategic review…

Coastal Virginia Offshore Wind Project Has Not Been Delayed

May 01, 2024

Dominion Energy has announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has been delayed are false and grossly misrepresent the facts.“On April 29, anti-wind groups filed a petition in the United States District…

Beach Energy to Let Go 30% of Workforce Amid Strategic Review

Mar 28, 2024

Australian oil and gas company Beach Energy has set out plans to lay off 30% of workforce across its business as part of a comprehensive strategic review which aims to deliver increasing returns to shareholders and increase efficiency.The first…

Beach Energy’s Otway Offshore Gas Victoria Up for Public Input

Mar 19, 2024

Australian regulator NOPSEMA has opened a nine weeks public consultation period for Beach Energy’s Otway Offshore Gas Victoria project proposal.The project is located approximately 20 km south of the Victorian mainland and 40 km west of Tasmania (King Island) at its closest points…

Esgian Week 10 Report: Additional Backlog Secured

Mar 10, 2024

Esgian reports that offshore drilling contractors secured additional backlog in the U.S. Gulf of Mexico, Egypt, Nigeria, and Brazil and operators confirmed new discoveries in Indonesia, Côte d’Ivoire, and China in its Week 10 Rig Analytics Market Roundup…

No Remaining Recoverable Oil Sheen Seen off California

Mar 10, 2024

The U.S. Coast Guard said on Saturday it did not observe any remaining recoverable oil sheen during a morning overflight off the coast of Huntington beach, California.On Friday, the agency said it was trying to identify the source of an oil spill off the coast after the sheen…

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CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

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