Offshore Europe News - page 287


Russia Urges Germany and EU Not to Delay Nord Stream 2

Jan 18, 2022

Russia on Monday urged Germany and the European Union not to drag its feet over certification of the Nord Stream 2 gas pipeline, which has become a focal point in political disputes between Moscow and the West.The pipeline to Germany would double…

Equinor Extends 4D Permanent Reservoir Monitoring Contract with CGG

Jan 18, 2022

French seismic data specialist CGG has secured a three-year contract extension to keep operating a dedicated permanent reservoir monitoring (PRM) imaging center in Equinor’s Stavanger offices. Equinor’s asset teams analyze the 4D seismic images…

Thistle Wind Partners Win 2GW Worth of Offshore Wind Option Areas in Scotland

Jan 17, 2022

Thistle Wind Partners (TWP), a consortium of DEME Concessions (Wind) NV (42,5%), Qair Marine SAS (42,5%), and Aspiravi International NV (15%), had been awarded 2GW worth of option areas in Scotland’s highly competitive ScotWind seabed leasing process…

Lundin's Melstein Prospect in Norwegian Sea Comes Up Dry

Jan 17, 2022

Oil and gas company Lundin Energy has drilled a dry well at the Melstein prospect in the production licence 886, offshore Norway.The wildcat well has been drilled about 72 km east of the Ormen Lange field in the Norwegian Sea and 55 km northwest of Kristiansund…

Floating Energy Allyance Secures Rights to Build 1GW Floating Wind Farm Off Scotland

Jan 17, 2022

The Floating Energy Allyance, comprising of BW Ideol, Elicio, and BayWa r.e. has secured the rights to develop a floating offshore wind farm with an approximate capacity of 1GW off the northeast coast of Scotland through Crown Estate Scotland’s ScotWind leasing round…

Vår Energi, Equinor in North Sea Helicopter-Sharing Arrangement

Jan 17, 2022

Norwegian oil and gas companies Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea to reduce costs and environmental footprint of crew transport.  The agreement for assigning helicopters took effect on January 1…

High Gas Prices Push Norway's Dec Trade Surplus to Record

Jan 17, 2022

Norway's trade surplus rose to a new record in December, boosted by soaring prices for its natural gas exports, national statistics agency data showed on Monday.The December surplus hit 106 billion Norwegian crowns ($12.09 billion), beating a previous record of 84…

Maersk Drilling, Aker BP in Jack-Up Rig Swap Deal

Jan 17, 2022

Danish offshore oil and gas drilling company Maersk Drilling and the Norwegian oil company Aker BP have entered into a rig swap agreement .Under the agreement, the jack-up rig Maersk Reacher will be replaced by the low-emission jack-up rig Maersk…

Senator Cruz's Nord Stream 2 Sanctions Bill Fails in U.S. Senate

Jan 14, 2022

The U.S. Senate on Thursday failed to pass a bill to slap sanctions on Russia's Nord Stream 2 natural gas pipeline sponsored by Republican Senator Ted Cruz, a day after Democrats unveiled their own legislation.The tally was 55 in favor and 44 against the bill that needed 60 votes to pass…

Aker Solutions Names Ertresvåg SVP for Communications

Jan 14, 2022

Norwegian company Aker Solutions, a provider of offshore energy engineering and construction services, has appointed Kari Ertresvåg as senior vice president for communications. Ertresvåg, a Norwegian national, has wide experience within communications and public affairs…

Romania to Revise Tax Seen Blocking Black Sea Gas Investment

Jan 14, 2022

Romania's offshore gas tax that has held up big projects in the Black Sea is set to be revised by the first half of this year after repeated delays, Energy Minister Virgil Popescu said, paving the way for investment.The tax on offshore projects…

Norway to Raise Oil Fund Spending

Jan 14, 2022

The Norwegian government said on Friday it has raised its projected fiscal spending for 2022 as it seeks to compensate businesses affected by coronavirus lockdown measures and subsidize households hit by a surge in electricity prices.The center-left minority coalition now plans to spend 355…

Aker BP to Drill Pilot Well at Hanz Field

Jan 13, 2022

Norwegian oil company Aker BP has received consent from the Petroleum Safety Authority Norway to drill a pilot well in the North Sea, off Norway.Using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, Aker BP will the pilot well 25/10-U-8…

SSE Renewables to Bid in 1.4GW Offshore Wind Tenders in the Netherlands

Jan 13, 2022

SSE Renewables said Thursday it planned to enter bids into the upcoming tenders for the 1.4GW Hollandse Kust (west) Wind Farm Zone in the Netherlands which are set to take place in the first half of 2022.The Dutch Government on December 23, 2021…

Luxcara Buys Van Oord's Stake in 731.5MW Dutch Offshore Wind Farm

Jan 13, 2022

Renewable energy asset manager Luxcara has acquired 10% stake in Blauwwind offshore wind consortium from the Dutch offshore installation contractor Van Oord.In 2016, the Blauwwind consortium was awarded the concession to design, construct, operate…

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