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Russia: Offshore part of one line of Nord Stream 2 has been mechanically completed

Russia: Offshore part of one line of Nord Stream 2 has been mechanically completed 14 Jun 2021 The offshore part of one line of Nord Stream 2 has been mechanically completed. Pipelay was completed on June 4, 2021, and the above water tie-in was performed June 10 – the offshore pipeline sections laid from Russia and Germany have thus been interconnected. Starting from June 11, the required pre-commissioning activities will be carried out to prepare for gas-in. Offshore pipelay works on the second line are ongoing. All activities are in accordance with the respective permits.

Canada: TC Energy confirms termination of Keystone XL Pipeline Project

Canada: TC Energy confirms termination of Keystone XL Pipeline Project 14 Jun 2021 TC Energy Corp confirmed June 9 that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project. Construction activities to advance the Project were suspended following the revocation of its Presidential Permit on January 20, 2021. The Company will continue to coordinate with regulators, stakeholders and Indigenous groups to meet its environmental and regulatory commitments and ensure a safe termination of and exit from the Project. Following is a statement from TC Energy’s President and Chief Executive Officer, François Poirier:

Russia: Rosneft agrees heads of terms to sell a stake in the Vostok Oil Project to a consortium of Vitol and Mercantile & Maritime

Australia: With hundreds of Australian wells stopping production soon, a multi-billion decommissioning market emerges

Australia is about to see its largest-ever wave of offshore development wells that reach the end of their producing life and need to be decommissioned. A Rystad Energy report shows that Australia’s number of such wells will jump from 160 today to more than 440 by 2026, with a further 172 offshore exploration wells waiting in the queue.

India: Vestas secures 101 MW order to extend wind project in India

Vestas has secured a 101 MW order from ReNew Power, one of India’s leading Renewable Energy Independent Power Producers (IPP). The order is an extension of ReNew’s existing project in Kutch, Gujarat, where Vestas had previously supplied turbines totalling to 250 MW.

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