Offshore Europe News - page 302


ExxonMobil, QatarEnergy Get Hold of Offshore Block 5 in Cyprus

Dec 10, 2021

A consortium of ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with the Republic of Cyprus for the offshore Block 5 located southwest of the island.This is QatarEnergy’s second exploration block in the Republic of Cyprus…

Southern Norway Seen Tipping into Power Deficit by 2026 as Offshore Platform Electrification Grows

Dec 10, 2021

Norway's power production surplus is expected to fall significantly by 2026, with the south of the country moving into deficit owing to rapidly increasing demand, power grid operator Statnett said on Friday.Power demand in Norway is expected to grow to 158 terawatt-hours (TWh) by 2026…

Neptune Energy's CEO Set to Step Down. Replacement Named

Dec 10, 2021

Oil and gas firm Neptune Energy said Friday that Jim House has decided to retire from his role as Chief Executive Officer and from the Neptune Energy Board on December 31, 2021. Pete Jones, currently Neptune’s VP Operations, Europe, will succeed…

Saipem to Use 'Largest-ever' Vibratory Hammer at Calvados Offshore Wind Farm

Dec 10, 2021

Dieseko has secured a contract with Italian offshore services firm Saipem for the supply of the Vibratory Hammer used to install the monopiles on the Calvados offshore wind farm in France.Saipem in February 2021 secured a contract worth 460…

Horisont Energi, Equinor, Vår Energi in Polaris Carbon Storage Pact

Dec 10, 2021

Norwegian low-carbon tech firm Horisont Energi has entered a collaboration agreement with oil firms Equinor ASA and Vår Energi to develop the carbon transportation and storage project Polaris, off the coast of Northern Norway. As part of the agreement…

Scotland's Largest: First Turbine Installed at Seagreen Offshore Wind Farm

Dec 09, 2021

The first offshore wind turbine has been installed at Seagreen, an SSE-TotalEnergies project which will become Scotland’s largest and the world’s deepest fixed bottom offshore wind farm once complete.The installation of the first Vestas V164-10…

Norway: Lundin Gets OK to Drill at Melstein Prospect

Dec 09, 2021

The Norwegian offshore oil and gas safety regulator PSA Norway has granted Lundin Energy Norway consent to drill an exploration well in block 6306/9 in the Norwegian sea.Lundin Energy will use Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig for the operation…

SEA-KIT to Expand Fleet with New 12m USV

Dec 09, 2021

Uncrewed surface vessel specialist SEA-KIT International has announced plans to build another of its X-class, 12m USVs as a fleet vessel for launch in 2022.  This build, the sixth X-class to be constructed at the company’s Essex base, will pave…

NEO Energy Wraps Buy of Exxon's UK North Sea Fields

Dec 09, 2021

NEO Energy has completed the previously announced acquisition of a portfolio of non-operated oil and gas assets in the UK Central and Northern North Sea from ExxonMobil. The company made the announcement on Wednesday.North Sea-focused oil company…

Aker Solutions to Deliver Fifth Subsea Compression Module for Equinor's Åsgard Field

Dec 09, 2021

Norwegian firm Aker Solutions has won a contract with Equinor to deliver engineering, procurement, and construction (EPC) of a subsea compression module to be installed subsea at the Åsgard gas field, offshore Norway. The scope covers EPC of…

'Largest' HALT Test Rig for Offshore Wind Nacelle Testing Launched in Denmark

Dec 09, 2021

Danish engineering firm R&D Test Systems has said it has designed and delivered the world’s largest, most powerful highly accelerated lifetime testing (HALT) test bench for wind turbine nacelles at the Danish test center Lindø Offshore Renewables Centre (LORC)…

Gazprom Neft Expects Record Production This Year

Dec 09, 2021

Gazprom Neft, the oil arm of Russian gas giant Gazprom, expects its hydrocarbon production to exceed 100 million tonnes of oil equivalent this year, reaching a record high, it said on Thursday.Gazprom Neft had aimed to reach the 100 million…

UK Court Hears Climate Case Against Tax Regime for Oil Firms

Dec 09, 2021

Climate activists, including a former oil refinery worker, accused the UK government in the high court on Wednesday of illegally subsidizing fossil fuel producers through tax incentives which undermine its climate goals.Climate activists are…

PGNiG Drills Duster at Fat Canyon Prospect Offshore Norway

Dec 09, 2021

Polish oil firm PGNiG has drilled a dry well in the production licence 937, in the Norwegian Sea.The well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - was drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…

North Star Clinches More SOV Work at Dogger Bank Offshore Wind Farm

Dec 09, 2021

UK-based offshore vessel owner North Star Group has won another service operations vessel (SOV) contract at the Dogger Bank wind farm, this time for the third phase.North Star Group said Thursday it had secured a long-term charter worth about £90 million ($118…

Current News

Precision Shaft Alignment: A Sustainable Advantage in Modern Engineering

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Two DOF Vessels Get Work in North Sea and Australia

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Subscribe for OE Digital E‑News