Offshore Europe News - page 339


Naftogaz Chief Pledges to Work with International Partners

Apr 30, 2021

Ukraine's state-run energy firm Naftogaz will continue to cooperate with international partners, new Chief Executive Yuriy Vitrenko said on Friday.The sacking of the previous Naftogaz head had prompted a warning from Ukraine's Western backers…

Equinor's Q1 Profit Tops Forecast

Apr 29, 2021

Norway's Equinor raised its dividend and posted a bigger-than-expected rise in first-quarter operating profit on Thursday, boosted by higher oil and gas prices and massive one-off gains from its renewable energy business.The oil and gas company…

Johan Sverdrup Oilfield to Boost Output in May

Apr 29, 2021

Western Europe's largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.'Phase 1 production capacity is about to step-up to 535…

OMV Expects Strong Second Half of 2021

Apr 29, 2021

Austrian oil and gas group OMV said it sees strong improvement in the second half of 2021 as it reported a better-than-expected quarterly core profit on Thursday thanks to higher oil prices and gains from the acquisition of plastics maker Borealis…

University of Aberdeen, Total, Launch Energy Transition Scholarships

Apr 28, 2021

Energy company Total is funding £46,400 in scholarships for Masters programs at the University of Aberdeen related to the energy transition.The scholarships—which begin in September this year and include one each across the University’s MSc…

Aker BP Q1 Swings to Record Operating Profit

Apr 28, 2021

Norway's Aker BP posted record first-quarter operating profit and revenue on higher prices and production on Wednesday as the independent oil and gas producer looks to approve several developments this year.Earnings before interests and tax…

Vattenfall Shortlisted for 1 GW French Offshore Wind Tender

Apr 27, 2021

France has shortlisted Swedish utility Vattenfall and its two partners to bid in a tender to develop an offshore wind farm with a capacity of about 1 gigawatt (GW) off Normandy, the company said on Tuesday.Vattenfall and its partners - German…

Archer to Acquire DeepWell

Apr 26, 2021

Oilfield services firm Archer said it has signed an offer letter with Moreld laying out principle terms to purchase 100% of the shares in DeepWell, a Norwegian well intervention company focused on mechanical wireline and cased hole logging services…

EnQuest to Buy Whalsay's Bentley Discovery

Apr 26, 2021

British North Sea-focused oil producer EnQuest said it has signed a share purchase agreement (SPA) to purchase Whalsay Energy's 100% equity interest in the P1078 license containing one of the largest undeveloped oil fields in the U.K. North Sea…

When is a Cargo of Oil Certified "Carbon Neutral"? Ask Lundin Energy

Apr 26, 2021

Sweden's Lundin Energy has sold to Italian refiner Saras what it said is the world's first oil cargo certified as carbon neutral at the point of production, the two companies said on Monday.Oil companies are increasingly trying to market their…

Rune Mode Ramberg: A Leading Light Subsea

Apr 25, 2021

There are not many of the leading edge subsea processing projects Rune Mode Ramberg has not been involved in at some level. The list includes Tyrihans subsea pumping, Tordis subsea separation, studies on the Ormen Lange subsea compression project…

Tekmar Energy to Protect Subsea Cable at Gode Wind 3 Offshore Wind Farm

Apr 22, 2021

Tekmar Energy has won a contract with cable manufacturer ZTT to supply its Cable Protection Systems (CPS) for the Gode Wind 3 high-voltage grid connection project in Germany.The 16km long subsea cable is scheduled for installation in 2023 and…

GlobalData: 35% of Equinor's Total Oil and Gas Output Base to be Powered from Shore

Apr 22, 2021

Norwegian oil and gas firm Equinor is on track to have over 35% of its total oil and gas production base by 2025 powered from shore, GlobalData, a data and analytics company said Thursday, citing Equinor's active and upcoming electrification projects across the Norwegian Continental Shelf…

Equinor Charters Havila Platform Supplier

Apr 22, 2021

Norwegian offshore shipowner Havila Shipping has won a contract with Equinor for one of its platform supply vessels.The company said Thursday the PSV Havila Clipper would start working rot the Norwegian oil giant in direct continuation of the existing contract…

Neptune Starts Drilling Production Wells at Duva Field in Norway. First Production in 3Q

Apr 22, 2021

Oil and gas company Neptune Energy has started drilling production wells on the Duva field in the Norwegian sector of the North Sea.Neptune is using the Deepsea Yantai a semi-submersible rig operated by Odfjell Drilling to drill four production well on the Duva field…

Current News

Equinor Renews Subsea Inspection Deal with Subsea 7

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Archer to Remain North Sea Drilling and Maintenance Duty for Aker BP

Tekmar Secures Over $9M Offshore Wind Cable Protection Deal

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