Offshore Europe News - page 276


Tyra II Project Almost Complete as Seven Platforms Successfully Installed Offshore Denmark

Apr 13, 2022

Dutch offshore installation company Heerema Marine Contractors has completed the lifting and installation of the three Tyra West wellhead and riser platforms, the utility- and living quarters, and two bridges at TotalEnergies' Tyra redevelopment project in the Danish North Sea…

Report: Iberdrola Seeks to Sell Minority Stakes in German Offshore Wind Farms

Apr 13, 2022

Spanish power utility Iberdrola is seeking buyers for minority stakes in its three offshore wind projects in the German Baltic Sea, two sources with knowledge of the matter said.Iberdrola earns most of its income from renewable energy and power…

Moreld Ross Offshore Charters Maersk Minder AHTS

Apr 12, 2022

Danish offshore vessel operator Maersk Supply Service has won a call-off contract with Moreld Ross Offshore in Norway for the use of the Maersk Minder AHTS.'Already one of the newest, most fuel-efficient, and eco-friendly vessels in our fleet…

OPEC Tells EU It Can't Replace Russian Oil Supply Loss

Apr 12, 2022

OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signaled it would not pump more.European Union officials…

Greece to Speed Up Gas Exploration Projects to Help Replace Russian Gas

Apr 12, 2022

Greece will speed up gas exploration projects in concert with private investors, its prime minister said on Tuesday, as it cuts its reliance on Russian energy and looks to become an energy hub in Europe.Russia's invasion of Ukraine and fears…

Nord Stream 2 Impairments Hit BASF's Q1 Income

Apr 11, 2022

German chemicals group reported preliminary first-quarter net income significantly below last year's level and analyst expectations on Monday, citing impairment charges for the abandoned Nord Stream 2 project.BASF said its quarterly net income slumped to 1…

SSE, Marubeni, CIP Press Forward with Scotwind Project as Option Agreement Signed

Apr 11, 2022

SSE Renewables has, with its Scotwind lease sale partners Marubeni Corporation and Copenhagen Infrastructure Partners, signed the Option Agreement with Crown Estate Scotland.The Option Agreement signing follows the partnership's successful bid…

Swedish Floating Wind Tech Firm Sets Up Greek JV

Apr 11, 2022

Hexicon, a Swedish twin floating wind turbine technology company, has set up a joint venture in Greece with the local company EAMAA.'This is a first step to start the development of floating offshore wind projects off the coast of Greece. A…

EU Meets OPEC Amid Calls for Oil Production Increase

Apr 11, 2022

European Union officials will hold talks in Vienna with OPEC representatives on Monday amid calls for the producer group to increase output and as the EU considers potential sanctions on Russian oil.OPEC has resisted calls by the United States…

Equinor Starts Drilling 'Play-opener' Cambozola Well Offshore Norway

Apr 11, 2022

Norwegian oil and gas company Equinor has started drilling the Cambozola exploration well offshore Norway, Longboat Energy, Equinor's partner has informed.Cambozola is the primary prospect located in the PL1049/PL1049B/PL1049C licenses in the Northern North Sea…

ASCO to Support Seagreen Offshore Wind Farm Construction

Apr 11, 2022

Aberdeen-based logistics and materials management firm  ASCO has won a contract with offshore wind turbine maker Vestas to support the Seagreen offshore wind farm project, located 27 km off the coast of Angus.Under the contract, of an undisclosed value…

Aker BP's Hod B Field Starts Production

Apr 11, 2022

Norwegian oil and gas company Aker BP has started production from the Hod B field in the North Sea, offshore Norway.Production start-up comes less than two years after the first steel was cut for the unmanned Hod B platform at Aker Solutions’ yard in Verdal…

Maersk Drilling Wins 31-well P&A Work in Dutch North Sea

Apr 11, 2022

Danish offshore drilling contractor Maersk Drilling has won plug and abandonment contracts for its harsh environment jack-up rig Maersk Resolute in the Dutch sector in the North Sea.The contracts are for the plugging and abandonment of 31 wells…

Austria's OMV Takes $2.17B Hit from Russia Business

Apr 08, 2022

Austrian energy group OMV said on Friday it would take a 2-billion-euro ($2.17 billion) hit in the first quarter of this year from its business in Russia as it seeks to distance itself from the country after the invasion of Ukraine.Last month…

We Won't Pay for Gazprom Gas in Roubles, Ørsted Says

Apr 08, 2022

Danish energy group Ørsted on Friday reiterated that it has no intention of paying Russia's state-controlled gas company Gazprom in roubles and said the decision was not politically motivated.Russian President Vladimir Putin has demanded foreign…

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