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Norway investigates disconnected gangway incident on Floatel Endurance

Norway’s Petroleum Safety Authority (PSA) launched an investigation into a disconnected gangway incident involving the mobile facility Floatel Endurance, on 29 February 2020. The accommodation rig was connected to the Martin Linge facility in the North Sea when the accident occurred.

Belgian offshore wind energy hits record in February

February 2020 was a record month for wind energy in the Belgian North Sea, with 804 GWh production. This corresponds to the annual consumption of 230,000 households. This record of offshore wind power production is attributed to a higher installed capacity and record wind conditions last month. 

NJ unveils offshore wind solicitation schedule of 7,500 MW by 2035

New Jersey Governor Phil Murphy announced the offshore wind solicitation schedule to meet the 7,500 MW offshore wind goal by 2035. This will generate enough electricity to power more than 3.2 million homes and meet 50% of the state’s electric power need. 

Somalia greenlights Shell, ExxonMobil offshore exploration

Somalia’s Ministry of Petroleum and Mineral Resources gave the green light to Shell and ExxonMobil to explore and develop potential offshore oil and gas reserves in its territory. According to seismic data there is a possibility of significant oil reserves offshore.

New Task Force to drive offshore wind growth in Japan

The Global Wind Energy Council and the Japan Wind Power Association formed a joint Japan Offshore Wind Task Force to drive offshore wind growth in Japan. The Task Force will focus on addressing regulatory and industrial bottlenecks, so that the country can take full advantage of its offshore wind potential. 

Dutch partners start Europe’s largest green hydrogen project

A Dutch consortium comprising Gasunie, Groningen Seaports and Shell The Netherlands, revealed plans to launch the NortH2 project, foreseeing the production of green hydrogen using renewable electricity generated by a mega offshore wind farm, in line with the objectives of the Dutch Climate Accord.

Rystad: Oil and gas prices to fall short of expectations amid coronavirus

Amid the coronavirus outbreak that continues to expand, the slowdown in global oil and gas consumption this year will hit suppliers who will see average prices fall below previous expectations, says Rystad Energy. Meanwhile, coronavirus and LNG oversupply are expected to lead to low gas prices. 

ADNOC to expand its carbon capture and storage program

UAE’s oil and gas firm ADNOC announced expansion of its Carbon Capture Utilization and Storage (CCUS) program, as part of its goal to become one of the least carbon-intensive oil and gas producers in the world, in line with its 2030 strategy. 

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