Category: Energy News Beat

Census Bureau Massively Revises Up Population Growth: +8 Million in 3 Years, +3.3 Million Last Year, Largely due to Immigration. US Population Surges to 340 Million

Energy News Beat Total Employment to be substantially revised higher early 2025 when the BLS incorporates these up-revisions into its household survey employment data. By Wolf Richter for WOLF STREET. The Census Bureau released its updated population estimates with data through July 2024 today, which corrected its vastly underestimated figure of immigrants for the past few years. The […]

Home Sellers, Home Buyers, and Brokers Getting Used to the “New Normal” Old Normal 6-7% Mortgages?

Energy News Beat Existing home sales rise from multi-decade rock-bottom, still -34% from 2021, -22% from 2019. Supply highest for November since 2018, days on market highest since 2019. By Wolf Richter for WOLF STREET. Sales of existing single-family houses, townhouses, condos, and co-ops that closed in November fell to 315,000 homes, according to data from the National […]

How one nonprofit is working to build support for solar — and added benefits for communities — in rural North Carolina

Energy News Beat ​[[{“value”:” When a solar energy developer approached Halifax County, North Carolina, in the early 2010s about renting its former airfield in Roanoke Rapids, community leaders had a condition.  “If they were willing to lease this land for the very first solar project in the area, the county needed to get something back […]

Tanjung Offshore inks well services deal with Petronas

Energy News Beat AsiaOffshore T7 Global Malaysian contractor Tanjung Offshore, part of T7 Global, has won a contract for the provision of integrated well continuity services for intervention, workover, and abandonment from compatriot Petronas. Tanjung Offshore will provide perforation, wash and cement services, integrated workover for production enhancement and abandonment, project management team services, and […]

Allseas set for largest ever decom campaign in Australian history

Energy News Beat EuropeOffshore Allseas ExxonMobil’s Australian subsidiary, Esso Australia, has awarded Swiss-based marine construction specialist Allseas a contract to remove up to 12 retired platforms from the Gippsland Basin in the Bass Strait. According to Allseas, the 12 platforms have a combined weight of approximately 60,000 tonnes making it the largest offshore decommissioning assignment […]

Wison New Energies secures FEED job for Nigerian FLNG

Energy News Beat ACE Energy Group China’s Wison New Energies has signed a FEED contract with Ace Gas for the 3 mtpa FLNG and 230MW power barge project, set to be deployed in Nigeria. This follows Wison New Energies completing pre-FEED work for the project in early 2024. The project aims to develop a 3 […]

Noble bags drillship gigs in Gulf of Mexico and Ghana

Energy News Beat AmericasOffshore Noble Offshore rig owner Noble has won new contracts for two of its drillships, one in the Gulf of Mexico and one in Ghana. The first contract was awarded to the 2011-built Noble Globetrotter I drillship by an undisclosed client. The contract is for one firm well with up to six […]

Saipem wins $900m deal for work on Shell’s Nigerian project

Energy News Beat Saipem Italian offshore engineering and construction giant Saipem has been awarded a new offshore contract by Shell’s Nigerian arm for the Bonga North project. Saipem will work on the project as part of a consortium with KOA Oil & Gas and AVEON Offshore. The project is related to the tieback of wells […]

Shipmanagement veteran Marcel Liedts dies

Energy News Beat Greater ChinaOperations Anglo-Eastern Marcel Liedts, a well-known name in shipmanagement circles, has passed away. As one of the key architects of Anglo-Eastern, alongside Peter Cremers and Richard Wong, Liedts served the Hong Kong-based shipmanagement giant for more than 30 years. He joined Anglo-Eastern in the mid-1980s and played an instrumental role in […]

Sebastian von Hardenberg to take over at Bernhard Schulte Shipmanagement

Energy News Beat EuropeOperations BSM Germany’s Bernhard Schulte Shipmanagement (BSM), with a fleet of over 670 vessels under management, will enter the next year with a new chief executive. Ian Beveridge is handing over the position to the company’s chief financial officer, Sebastian von Hardenberg, who joined the Schulte Group in 2005 and served as […]