Offshore Europe News - page 264


Oil Output at Risk in Case of Strike, Norwegian Workers' Union Says

Jun 03, 2022

Some 74 members of Norway's Lederne oil and gas labor union plan to go on strike from June 12 onwards if state-brokered mediation with employers fail, and would likely force a reduction of oil output, the trade union said on Friday.Gas production should remain unaffected however…

Norway Oil and Gas Workers Threaten Strike

Jun 03, 2022

At least 647 Norwegian oil workers plan to strike from June 12 if state-brokered wage mediation fails, labour unions said on Friday, putting some crude output at risk of shutdown although gas may not be affected.Workers are seeking above-inflation…

Storage Space a Challenge for Offshore Wind Turbine Manufacturers

Jun 02, 2022

Some equations just don’t add up. For example, storing 500 offshore wind turbine blades at a site with only space for 400 (and that’s only if you don’t store the other key elements required to build a full turbine). Elaine Maslin visited Siemens Gamesa’s blade manufacturing facility in Hull…

UK Approves Shell's Revised Jackdaw Field Plan

Jun 02, 2022

Britain's regulator on Wednesday approved Shell's revised plan to develop a North Sea natural gas field as the government seeks to boost domestic energy output following Russia's invasion of Ukraine.In a statement, Shell welcomed the decision…

Norway's Hammerfest Plant Resumes LNG Production almost Two Years After Fire

Jun 02, 2022

Norway's Hammerfest liquefied natural gas plant has restarted LNG production following a fire almost two years ago, boosting the country's gas exports, operator Equinor said on Thursday.The company last week told Reuters the plant had completed repairs and was preparing to restart output…

Korean Shipbuilder Can't Accept New FSRU Orders as Capacity Full

Jun 02, 2022

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said…

Balmoral Group Boss Jim Milne Receives Knighthood

Jun 02, 2022

Jim Milne, Chairman and Managing Director of Balmoral Group, was awarded the honor of Knight Bachelor in the Queen’s Birthday 2022 Honours List for services to business and charity, and is now officially Sir James S Milne CBE, DL, DHC, Hon DBA…

Europe Eyes Common Subsea Wind Power Grid to Bolster Energy Security

Jun 02, 2022

Northern European countries are discussing plans to create a common power grid under the North Sea to connect future offshore wind farms as they seek to strengthen energy security, but the ambitious proposal faces financing and regulatory challenges…

Windcat CTV is World's First Powered by Dual-fuel Hydrogen Engines

Jun 01, 2022

The world's first dual-fuel hydrogen- and diesel-powered crew transfer vessel (CTV) is ready for service, outfitted to run the cleaner fuel that reduces up to 80% of its traditional fuel usage and associated emissions.The 25-meter vessel, Hydrocat 48—owned by Windcat Workboats…

Aker Solutions Bags 'Significant' North Sea Work Extension with ConocoPhillips

Jun 01, 2022

Norwegian offshore services firm Aker Solutions said Wednesday it had secured a 'significant' three-year contract extension to an existing framework agreement for work at North Sea fields operated by ConocoPhillips Skandinavia.Aker Solutions defines a significant contract as being between NOK 1…

Hurricane Energy, Partner Relinquish West of Shetland License Containing Warwick Discovery

Jun 01, 2022

The UK-based oil and gas company Hurricane Energy with its partner Spirit Energy has decided to relinquish its stake in the Greater Warwick Area license containing the Warwick discovery offshore the Shetland Islands.Greater Warwick Area comprises…

Europe's Dash for Gas & FSRUs Puts Australia's LNG Import Plans at Risk

Jun 01, 2022

Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years…

Sval Energi Buys Spirit Energy Norway

Jun 01, 2022

Norwegian oil company Sval Energi has completed the acquisition of Spirit Energy Norway from Centrica.The USD 1,026 million Spirit Energy Norway acquisition closed May 31, with January 1 2021 as the commercial effective date. The acquisition includes 45 licenses (6 operated)…

Aker BP Makes Minor Oil and Gas Discovery Near Valhall Field

Jun 01, 2022

Norwegian oil and gas company Aker BP has made a minor oil and gas discovery at the Overly prospect in the North Sea, offshore Norway.The wildcat well, formally known as well 2/8-19, was drilled about 10 kilometers north of the Valhall field…

Saipem Sells Onshore Drilling Business as Its Focuses on Offshore Drilling

Jun 01, 2022

Italian energy services group Saipem has agreed to sell its onshore drilling business to Britain's KCA Deutag (KCAD) for $550 million, as it strives to bolster its finances after a profit warning and focuses on offshore drilling.Asset sales…

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