Offshore Europe News - page 379


Marcelo Penna, Safeway Design Trimaran SOV for Offshore Wind Sector

Nov 03, 2020

Spanish engineering company Marcelo Penna Engineering and the Dutch offshore gangway specialist Safeway have designed what they say is 'an intelligent Service Operation Vessel' for the offshore wind industry.'The outcome of the collaboration…

Aker Offshore Wind Gets Funding for Study on Floating Wind Farms

Nov 03, 2020

Norwegian company Aker Offshore Wind has received funding from Enova for a pre-project that aims to reduce costs and increase maturity in important technical segments of offshore floating wind. Enova is Norway’s innovation fund for environmentally friendly technologies…

Eni Joins Marine Renewables Group Ocean Energy Europe

Nov 03, 2020

Italian oil and gas giant Eni has joined marine renewable energy group Ocean Energy Europe (OEE), as lead partner. Vincenzo Michetti, Eni’s Head of Upstream R&D will represent the company on the OEE Board. As part of the industry body focused on the development of tidal and wave energy…

IOG Hires Noble Corp. Jack-Up Rig for North Sea Project

Nov 03, 2020

UK-based oil firm Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 in the North Sea to Noble Corporation.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…

UK-Based Offshore Decommissioning Firm Secures $33,6M Investment

Nov 02, 2020

UK-based offshore decommissioning specialist Well-Safe Solutions has secured a £26 million (around $33,6 million) investment to fund the next phase of its growth plan, the company said Monday.Well-Safe, which recently bought Seadrill's 1993…

Equinor Gets OK to Use Deepsea Atlantic Rig on Vigdis Field

Nov 02, 2020

Norwegian energy company Equinor has received regulator consent to use Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig for production drilling on the Vigdis offshore field.Vigdis is a field located in the Tampen area in the northern part of the North Sea…

Dolphin Drilling Bags Drilling and P&A Deal with DNO in Norway

Nov 02, 2020

Offshore drilling contractor Dolphin Drilling has secured a new combined contract for exploration and plug and abandonment with the Norwegian oil and gas company DNO.'The contract will see Dolphin Drilling support both ends of the well lifecycle…

Equinor Aims for Net-Zero Emissions by 2050, New CEO Says

Nov 02, 2020

Norway's Equinor aims to become a net-zero emitter of greenhouse gases by 2050, including emissions from the production and final consumption of oil and gas, the energy producer's new chief executive said as he took office on Monday.Anders Opedal…

Total Keeps Dividend But Cuts Investment Target

Oct 30, 2020

Total trimmed its 2020 investment target on Friday after a sharp drop in third-quarter net profit, though the French oil and gas producer maintained its dividend.The company cut its investment target to $13 billion from $14 billion and said it was keeping a lid on operating costs too…

Norwegian Businesses See Rise in Wind Industry Orders

Oct 30, 2020

Onshore wind companies provided the largest revenue stream for the Norwegian renewables industry from sales of equipment, construction and consultancy services in 2019, overtaking hydropower, according to a report published on Friday.Onshore…

Lundin Energy Chief Schneiter: Output Trending Upward at Sverdrup

Oct 30, 2020

Norway's Johan Sverdrup oilfield, the largest in western Europe, is ramping up production in the fourth quarter after the government increased its production permit, Lundin Energy, a partner in the field, said on Friday.Equinor-operated Sverdrup increased its production capacity to 470…

Ideol, BYUM Sign Concrete Floater Construction Deal

Oct 29, 2020

Ideol, a France-based France developer of floating foundations for offshore wind, has signed a collaboration agreement with Swedish Bygging Uddemann (BYUM). BYUM is a solution provider for serial production of concrete structures.According to Ideol's statement on Thursday…

Aker BP Posts Higher Than Expected Operating Profit. Cuts Capex Guidance

Oct 29, 2020

Norwegian independent oil firm Aker BP reported on Thursday higher-than-expected operating profits for the third quarter and slightly cut its expected spending for the full year.Operating profit rose to $242 million from $196 million in the same quarter a year ago…

Spanish Oil Firm Repsol Cuts Capex

Oct 29, 2020

Spanish oil and gas group Repsol returned to profit in the third quarter after a deep loss in the second, and suggested it could spin off some of its growing renewables business to maximize investment returns.Repsol, however, said it would cut…

Denmark to Host Talks on Hesselø Offshore Wind Farm Tender

Oct 29, 2020

Danish Energy Agency and Energinet will host a market dialogue for potential tenderers and the industry on the coming Hesselø Offshore Wind Farm tender. Hesselø Offshore Wind Farm is the second offshore wind farm agreed in the Energy Agreement of June 2018…

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