Offshore Europe News - page 371


Denmark, Netherlands Working on Offshore Energy Hub

Dec 16, 2020

The Netherlands and Denmark have signed an agreement of intent in which they agree to have power and energy network operators TenneT, Gasunie and Energinet carry out further research into a joint energy hub in the North Sea.Eric Wiebes, Dutch…

Total CEO: North Sea Could Switch from Oil Reservoir to CO2 Storage

Dec 15, 2020

The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.The French oil firm is one of the partners in the Northern Lights project, which…

Timeline: Nord Stream 2 Gas Pipeline's Difficult Birth

Dec 15, 2020

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.An alleged nerve agent attack on Kremlin…

Germany, Denmark to Work More Closely on Offshore Wind Projects

Dec 15, 2020

Germany and Denmark pledged on Monday to cooperate more closely on joint offshore wind power development via clusters in the North and Baltic Seas to spur renewable power and hydrogen production.The planned cooperation marks an important step…

Turkey Won't Abandon East Med Rights over EU Sanctions Threat, FM Says

Dec 15, 2020

Turkey will not abandon its rights and interests in the eastern Mediterranean because of possible European Union sanctions or criticism, Foreign Minister Mevlut Cavusoglu said on Monday.At a summit on Friday, EU leaders agreed to prepare limited…

UK to End Support for Overseas Fossil Fuel Projects

Dec 14, 2020

UK Prime Minister Boris Johnson said over the weekend the government would end direct support for the fossil fuel energy sector overseas.In what the PM office said was a major policy shift, the UK will end taxpayer support for fossil fuel projects overseas 'as soon as possible…

Denmark Approves Vattenfall's Vesterhav Syd and Nord Wind Farm Plans

Dec 14, 2020

Danish Energy Agency has approved Vattenfall's environmental assessment and construction plans for offshore wind farms Vesterhav Syd and Nord.Vattenfall can now begin the next stage of work on the offshore wind farms, which will produce electricity equivalent to the annual consumption of 380…

Solstad Nets Charters for Platform Supply Vessels in Norway

Dec 14, 2020

Norwegian company Solstad Offshore has won charters for two of its platform supply vessels in Norway.The offshore vessel owner said Monday that its platform supplier 'Normand Serenade' has won a medium-term contract with Wintershall Dea to support…

Lundin Gets OK to Use Rowan Viking Rig at Edvard Grieg Field

Dec 14, 2020

Swedish oil company Lundin, focused on oil and gas operations in Norway, has obtained regulatory consent to used the Rowan Viking jack-up rig on the Edvard Grieg offshore field.The consent, granted last week by the Petroleum Safety Authority Norway…

Nord Stream 2 Pipeline Construction Works Resume Despite U.S. sanctions

Dec 14, 2020

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.The pipeline, which Washington says compromises European energy security…

Oilex Buys East Irish Sea Block from Burgate

Dec 14, 2020

Oil company Oilex has completed the deal with Burgate to acquire a 100% participating interest in the Doyle-Peel license (P2446) in the East Irish Sea (EIS), offshore the United Kingdom ('Agreement').  The license lies on the west-dipping graben…

Equinor Starts Production at Snorre Expansion Project

Dec 14, 2020

Equinor on Saturday, December 12, kicked off production from its Snorre Expansion Project in the North Sea, offshore Norway.The project, which will add almost 200 million barrels of recoverable oil reserves and help extend the productive life of the Snorre field through 2040…

Offshore Wind: Asia to Catch Up with Europe by 2025

Dec 11, 2020

Led by China, Asia's installed offshore wind capacity is expected to reach 52GW by 2025, and almost catch up with Europe, energy intelligence group Rystad Energy said Friday.'From almost no offshore wind farms in 2015, Asia’s operational capacity has grown to more than 6 gigawatts (GW) today…

Russia: Equinor Boosts Onshore Presence, Exits Sea of Okhotsk Acreage

Dec 11, 2020

Norwegian oil and gas firm Equinor has increased its presence in the Russian onshore oil and gas assets, and has pulled out from offshore commitments in the Sea of Okhotsk on the Russian Far East.In an agreement with the Russian oil company Rosneft…

Second Russian Pipe-layer Moves to Nord Stream 2 Gas Pipeline Site

Dec 11, 2020

A Russian pipe-laying vessel, Fortuna, has arrived at the construction site of the Nord Stream 2 gas pipeline in the Baltic Sea, Refinitiv Eikon data showed on Friday, with work on the project set to resume.There are also several procurement vessels near the site…

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