Offshore Europe News - page 4

 

Norway Clears TGS and PGS Merger

Apr 18, 2024

Norwegian seismic firms TGS and PGS have received merger approval from the Norwegian Competition Authority (NCA), brining them one step closer to establish a premier energy data company.The merger between the companies, first announced in September 2023…

Full Capacity Operations at Tyra II Gas Development Up for Potential Delays

Apr 18, 2024

The Tyra Redevelopment Project (Tyra II), operated by TotalEnergies, has faced an operational occurrence which has temporarily impacted the commissioning of the facilities at Denmark’s largest offshore gas development.According to an update from TotalEnergies…

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Apr 18, 2024

MHWirth, a subsidiary of Norwegian oil services investment firm Akastor, has received an arbitration award issued by a tribunal in a dispute with Seatrium’s subsidiary Jurong Shipyard over the termination of four drilling rig unit contracts…

BP Streamlines Organizational Structure and Makes Executive Team Changes

Apr 18, 2024

Oil major BP has simplified its organization structure and made executive team changes in an effort to streamline its business operations.BP said it will continue to have three businesses - production and operations, gas and low carbon energy…

DEME Scoops ‘Most Extensive’ Cabling Contract in Its History

Apr 18, 2024

DEME has been awarded two contracts from cable solutions provider Prysmian for the engineering and installation works for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Netherlands, whose combined worth is over $315 million…

Equinor Granted Permission for Two Extensions in Britain

Apr 17, 2024

Norway's Equinor has been granted a development consent for two extensions on offshore wind projects in Britain, the energy producer said in a statement on Thursday.'With these extensions, Equinor’s wind farms in Norfolk will power nearly 1…

Balmoral Comtec Expands Workforce Following Rosebank Win

Apr 17, 2024

Balmoral Comtec, a Balmoral Group company and provider of buoyancy, protection and insulation services to the global offshore energy market, has secured a multi-million-pound contract from TechnipFMC to supply more than 600 buoyancy modules for Equinor’s Rosebank project…

BP Starts Oil Production at Major New Platform Offshore Azerbaijan

Apr 17, 2024

BP, as the operator of the Azeri-Chirag-Gunashli (ACG) project, has started oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.The ACE platform is the…

Shearwater and Mondaic Enter Strategic Alliance to Optimize Seismic Surveys

Apr 17, 2024

Marine seismic acquisition firm Shearwater Geoservices and Mondaic, a provider of proprietary software and services for high-resolution 3D imaging, have entered a strategic collaboration for development and use of full waveform inversion solutions…

Chartwell Marine Grows CTV Build Pipeline for Offshore Wind Market

Apr 17, 2024

UK-based offshore vessel designer Chartwell Marine has started the construction of its new Brevity Class crew transfer vessel (CTV) at the Diverse Marine shipyard, becoming the latest in its growing pipeline of new vessel builds to supply the global offshore wind market…

Pertamina Picks Vissim Oil Spill Detection System

Apr 17, 2024

Norwegian technology firm Vissim has secured a contract from Indonesian national energy company Pertamina to install a new marine surveillance system at its PAPA ONWJ oil platform in Indonesia.Norwegian technology company Vissim’s scope of supply is to deliver radar technology…

Vår Energi Strikes Oil in North Sea

Apr 17, 2024

Norwegian oil and gas company Vår Energi has made an oil discovery at Ringhorne Nord in the North Sea, while drilling the exploration well with Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in wells 25/8-23 S and 25/8-23 B…

DEME’s Orion Vessel Heads to US After Finishing Scottish Offshore Wind Job

Apr 16, 2024

DEME’s DP3 offshore installation vessel Orion has departed for the United States to prepare for the installation of 176 foundations on the Coastal Virginia Offshore Wind (CVOW) project, following the wrap up of works at the 882 MW Moray West offshore wind farm in Scotland…

EnQuest Selling Stake in North Sea Golden Eagle Oil Field

Apr 16, 2024

Britain's EnQuest is looking to sell its 27% stake in the Golden Eagle oilfield in the British North Sea as it seeks to reduce debt levels, two sources told Reuters on Tuesday.It was unclear how much the sale of the non-operated stake would raise…

Moreld Ocean Wind and Greek Steel Supplier Team Up for Floating Wind

Apr 16, 2024

Moreld Ocean Wind and Lykomitros Steel have signed a memorandum of understanding (MoU), outlining the joint aim to win floating offshore wind projects in Europe. The MoU will see Moreld Ocean Wind, an independent technology provider specializing in floating offshore wind solutions…

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