Offshore Europe News - page 192


SBM Offshore Quarterly Revenue Drops 24% on One-off Divestment

May 11, 2023

May 11 (Reuters) - Dutch oil and gas services firm SBM Offshore SBMO.AS reported a 24% drop in first-quarter revenue on Thursday, citing the impact from one-off divestment in two of its vessels last year.Group revenue fell to $742 million for the first three months of 2023…

RMI to Provide Medical Support for World's Largest Offshore Wind Farm

May 10, 2023

RMI, a company providing medical, security, and technical services said Wednesday it had been tasked with the provision of medical support for what will be the world’s largest offshore wind farm - Dogger Bank.The company, which specialises in…

IFCHOR Galbraiths Acquires UNO Offshore

May 10, 2023

International shipbroker IFCHOR Galbraiths (IG) will be providing offshore brokerage services in the oil and gas market following its acquisition of Norwegian offshore specialist UNO Offshore.Founded in 2010, with a seven-strong team based in Bergen and Haugesund…

Harbour Energy Sticks to Annual Free Cash Flow Outlook

May 10, 2023

Harbour Energy on Wednesday stuck to its $1 billion free cash flow outlook for the year, despite a rise in tax bills, as the British North Sea oil and gas producer benefits from higher prices and more international projects. The Scottish firm said its liquidity was $3…

North Star to Expand Offshore Wind Fleet with Two New Vessels from Vard

May 09, 2023

Norwegian shipbuilder Vard, part of Italy's Fincantieri, has signed new contracts to design and construct two commissioning service operation vessels (CSOVs) for the UK-based offshore vessel owner North Star.The agreement also has an option for two additional ships…

Italy's New Floating LNG Terminal to be Operational at End-month, Snam CEO Says

May 08, 2023

The new floating terminal for liquefied natural gas (LNG) set up in the Tuscan port of Piombino will start its commercial operations at the end of this month, the CEO of Italy's gas grid operator Snam said on Friday. The terminal will make available…

Norway Plans Wider Gas Transport Nationalisation, Including at Nyhamna

May 08, 2023

Norway's plan to nationalize gas pipelines owned by the Gassled company also includes an additional goal to take over other assets, including at the Nyhamna processing plant, a letter from the Norwegian energy ministry to the owners showed. In a surprise move…

Poland to Allow Military to Sink Enemy Ships Targeting Baltic Energy Infrastructure

May 05, 2023

The Polish government has approved draft legislation that would allow the military to sink an enemy ship targeting a key gas pipeline from Norway via the Baltic Sea following NATO's warning that Russia might sabotage undersea energy infrastructure…

NKT Wins EUR 600M Order for High-voltage Power Cable System for Biscay Gulf Interconnector

May 05, 2023

Power cable-making and installation firm NKT has won an order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, strengthening the transmission security and electricity supply between France and Spain…

Equinor's Hammerfest LNG Plant Offline after Outage

May 05, 2023

Equinor's Hammerfest LNG plant in Arctic Norway suffered a compressor failure on Thursday and is expected to remain offline until May 19, Norwegian gas system company Gassco said in a regulatory note on Friday. The outage was caused by a technical…

Dajin Offshore to Supply Wind Turbine Foundations for Nordseecluster Offshore Germany

May 05, 2023

RWE and Northland Power have selected Dajin Offshore as the preferred supplier of offshore wind turbine foundations for their up to 1.6-gigawatt (GW) Nordseecluster offshore Germany. The Nordseecluster cluster will consist of four offshore wind farm sites in the German North Sea…

AI-driven Tech Promises to Cut Offshore Well Drilling Times, Costs, and Boost Safety

May 04, 2023

Offshore drilling firm Transocean, on behalf of its clients Wintershall Dea and OMV, has contracted InteliWell to equip and utilize its proprietary InteliWell software on the semi-submersible drilling rig Transocean Norge.InteliWell is a joint…

LOTOS Petrobaltic Selects Saab Seaeye Leopard ROV for Subsea Work in Polish Oil Fields

May 04, 2023

LOTOS Petrobaltic, part of ORLEN, has ordered Saab’s Seaeye Leopard work-class ROV to service subsea infrastructure within Poland’s B3 and B8 oil fields in the Baltic Sea.'After evaluating other work vehicles on the market, LOTOS Petrobaltic…

Odfjell Drilling Secures More Work with Equinor for Two Offshore Drilling Rigs

May 04, 2023

Oslo-listed offshore drilling company Odfjell Drilling has won more work with Equinor for two of its semi-submersible drilling rigs the Deepsea Aberdeen and Deepsea Stavanger.Equinor has added additional firm scope for the Deepsea Aberdeen as…

North Sea Renewables Grid Project to Provide Clean Power to Offshore Oil and Gas Platforms

May 04, 2023

Cerulean Winds plans to build an offshore integrated green power and transmission system, powered by floating wind, that North Sea oil and gas platforms will plug into for clean power, under the project called the North Sea Renewables Grid (NSRG)…

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