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Report: Russia to Mothball Damaged Nord Stream Gas Pipelines

Mar 06, 2023

Russia's ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them, sources familiar with the plans have told Reuters.Nord Stream 1 and Nord Stream 2, each consisting of two pipes, were built by Russia's state-controlled Gazprom to pump 110 billion cubic meters (bcm) of natural gas a year to Germany under the Baltic Sea…

Fabrication of J-tube Frames Starts for Moray West Offshore Wind Farm

Apr 07, 2023

Global Energy Group's (GEG) North Fabrication division has started fabrication of two J-tube frames for the 882MW Moray West offshore wind farm, with a steel cutting at the Port of Nigg, Scotland.The completed J-tube frames will be attached…

DNV's Joint Industry Project to Demonstrate Value of Wind Farm Control Technology

Apr 04, 2023

Energy expert and assurance provider DNV has launched a joint industry project (JIP) alongside wind farm owners, turbine manufacturers, and other sector experts to increase confidence in innovative wind farm control (WFC) technology.According to DNV…

Kremlin Says Nord Stream Attack Reports are 'Coordinated', Demands Open Investigation

Mar 08, 2023

Western media reports on the blowing-up of the Nord Stream gas pipelines are a coordinated bid to divert attention, and Russia is perplexed that U.S. officials can assume anything about the attacks without an investigation, the Kremlin said on Wednesday…

Nord Stream's Future is Decision for All Shareholders, Kremlin Says

Mar 07, 2023

The Kremlin said on Monday that it was for all shareholders to decide whether Nord Stream gas pipelines damaged in blasts last year should be mothballed. Sources familiar with the plans told Reuters last week that the ruptured Nord Stream 1 and Nord Stream 2 pipelines…

Japan's Inpex Buys Stake in UK Offshore Wind Farm from Mitsubishi

Mar 02, 2023

Inpex, Japan's largest oil and gas exploration and production company, said on Thursday it had bought a 16.7% stake in the Moray East offshore wind farm in Scotland from Mitsubishi to expand further into renewable energy. The Moray East offshore wind farm…

Engie CEO Says France Fell Behind in Wind Power Rollout

Dec 07, 2022

France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tuesday. 'We have the second-largest European resources in terms of offshore wind…

Google to Buy Electricity From Scottish Offshore Wind Farm

Nov 24, 2022

French energy company ENGIE  and technology giant Google said they had agreed to undertake a 12-year 100 MW corporate power purchase agreement to support Scotland's Moray West offshore wind development project. As part of this deal, ENGIE will…

Ocean Winds' Offshore Wind Project in Poland Gets Environmental Decision

Oct 24, 2022

Ocean Winds, a joint venture between Portugal's main utility EDP and French company Engie, said Monday that its BC-Wind project in the Polish section of the Baltic Sea had received the “Environmental Decision,” meaning that the project successfully…

Lamprell Inks Moray West Order

Sep 09, 2022

Lamprell has signed a contract, worth over $200m, and received a full notice to proceed from the developer of the 882MW Moray offshore wind project, off Scotland.The work, first reported March 22 as a capacity reservation agreement, was confirmed by Lamprell on Thursday…

Germany Charters Fifth FSRU

Sep 02, 2022

U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany…

Ocean Winds to Spend $3.15B on Offshore Wind Projects by 2025

Jun 23, 2022

Ocean Winds, a joint venture between Portugal's main utility EDP with French company Engie, plans to invest 3 billion euros ($3.15 billion) to develop offshore wind projects by 2025, the chief executive of EDP told Reuters on Thursday.The equal…

Gas Prices Help OMV Cushion Nord Stream 2 Impairments

Apr 29, 2022

Austrian oil and gas group OMV reported better-than-expected first-quarter results on Friday as higher market prices and gains across all units more than offset a hit from impairments related to the discontinued Nord Stream 2 project.OMV said its adjusted operating income grew to 2…

Nord Stream 2 Owner Mulls Insolvency in Wake of Pipeline Halt, Sanctions, Say Sources

Mar 01, 2022

The Swiss-based company which built the Nord Stream 2 gas pipeline from Russia to Germany is considering filing for insolvency, two sources familiar with the situation said, as it attempts to settle claims ahead of a U.S. sanction deadline for other entities to stop dealings with it…

TotalEnergies Cuts Funding for New Projects in Russia

Mar 01, 2022

TotalEnergies condemned what it called Moscow's military aggression in Ukraine but stopped short of following rivals such as Shell and BP, which have said they will exit positions in resource-rich Russia.The French oil major, which holds a 19…

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