Offshore Europe News - page 221


Noble Corp. Jack-up Rig Gearing Up for CO2 Storage Work in Denmark

Nov 21, 2022

Offshore drilling company Noble Corporation said Monday that its recently acquired Noble Resolve jack-up rig was preparing to carry out the first-ever CO2 storage under the Danish North Sea seabed as part of Project Greensand.The rig, formerly known as Maersk Resolve…

Norway: Safety Watchdog Launches Investigation into Offshore Platform Fire

Nov 21, 2022

The Norwegian offshore oil and gas safety regulator Petroleum Safety Authority Norway (PSA) has decided to investigate a fire in a transformer on Equinor's Åsgard B platform in the Norwegian Sea. The incident occurred on November 14, 2022.Breaking out in a transformer room…

Decommissioning: ASCO Wins Four NORM Decontamination Services Deals

Nov 21, 2022

UK-based firm ASCO said Monday it had signed four new contracts for Naturally Occurring Radioactive Materials (NORM) decontamination and disposal services with major operators, worth more than £10 million (around $11,8 million.)ASCO said that its subsidiary…

Norwegian Battery Startup Names Oil Industry Veteran as CEO

Nov 21, 2022

Norwegian startup Morrow Batteries has appointed Lars Christian Bacher, an oil industry veteran, as its new chief executive officer, the company said on Monday. Bacher had spent 30 years at Norway's largest oil and gas firm Equinor, where he held various executive positions…

UK Well Decommissioning Firm Names Subsurface Team Lead

Nov 21, 2022

UK-based well decommissioning services company Well-Safe Solutions has appointed Ruth Thomas as Subsurface Team Lead.Thomas has over two decades of experience in providing subsurface support to assets in the UK sector of the North Sea for energy majors including Repsol Sinopec Resources UK…

Wintershall Dea CEO Doesn't See IPO in Next Six Months

Nov 18, 2022

An initial public offering (IPO) for oil and gas producer Wintershall Dea is off the cards for the next six months, Chief Executive Mario Mehren told business daily Handelsblatt.The company, owned jointly by BASF and investor group LetterOne…

Aker Solutions to Keep Providing M&M Services for Giant Johan Sverdrup Field in Norway

Nov 18, 2022

Aker Solutions has secured a contract extension with Equinor in Norway to continue providing maintenance and modification services (M&M) on the Johan Sverdrup field in the North Sea.'The extension of the call off is done in accordance with an existing frame agreement that lasts until February 2026…

Chevron Gets More Time to Drill Appraisal Well at Offshore Gas Field in Cyprus

Nov 18, 2022

U.S. oil major Chevron has been given more time to drill the A3 appraisal well in the Aphrodite gas field, 160 km south of Limassol, offshore Cyprus.NewMed Energy, partner in Chevron-operated Block 12 in the Mediterranean Sea, said Thursday…

Traces of Explosives Found at Nord Stream Pipelines, Sweden says

Nov 18, 2022

Investigators have found traces of explosives at the site of the damaged Nord Stream pipelines, confirming that gross sabotage had taken place, a Swedish prosecutor said on Friday. Swedish and Danish authorities are investigating four holes in the Nord Stream 1 and 2 pipelines…

Transocean to Buy Newbuild Ultra-Deepwater Drillship from DSME Ordered by Seadrill in 2013

Nov 18, 2022

Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures.Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co…

World's Largest Offshore Wind Farm: Vattenfall Hits Halfway Mark with HKZ Turbine Installation

Nov 17, 2022

Offshore wind developer Vattenfall said Thursday it had hit the halfway mark with the installation of wind turbines at the Hollandse Kust Zuid (HKZ) wind farm offshore the Netherlands.“We're halfway towards having constructed the world’s first offshore wind farm built without subsidies…

Seadrill Starts Trading on Oslo Stock Exchange

Nov 17, 2022

Offshore drilling company Seadrill on Thursday started trading on the main list of the Oslo Stock Exchange, having uplisted from Euronext Expand. Also, back in October, Seadrill Limited also received approval to relist its common shares on the New York Stock Exchange (“NYSE”)…

Equinor Gets OK for Bauge Pipelines, Subsea Facilities

Nov 17, 2022

The Norwegian oil and gas company Equinor has received regulatory approval to use new pipelines and subsea production facilities on the Bauge field in block 6407/8 in the Norwegian Sea.The approval was granted by the Norwegian offshore safety body…

Cecon Orders Methanol, Battery-powered Cable Layer

Nov 17, 2022

Norway-based offshore energy industry services firm Cecon Contracting AS said Thursday that it had, with its partners, recently entered into an agreement for the construction of a methanol- and battery-powered cable installation vessel. The vessel…

UK Hikes Oil Firm Levy, Hits Power Companies with Windfall Tax

Nov 17, 2022

British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a major hole in the public finances.Soaring oil and…

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