Offshore Europe News - page 376


Olympic, Safeway Team Up for Offshore Wind Farm Gig with JDR

Nov 24, 2020

Offshore vessel owner Olympic Shipping and gangway provider Safeway are cooperating on the Sandbank wind farm project off Germany, under a contract by subsea power cable provider JDR Cables.Olympic Shipping's multi-purpose offshore vessel Olympic…

"No Rush to Decommission," OGUK Says, as Virus, Low Oil Prices Force Firms to Delay Projects

Nov 24, 2020

Falling oil prices and the Covid-19 effects have forced oil and gas companies to cut their spending wherever possible, leading to, as a consequence, to delays with planned UK North Sea decommissioning programs, with a 30 percent drop in decom expenditure expected in 2020…

Damen Delivers Crew Supply Vessel to Total Offshore

Nov 24, 2020

Dutch shipbuilder Damen Shipyards has delivered a Fast Crew Supplier 1204 to Total Offshore B.V. a little over a month after the vessel was ordered.The crew transfer vessel is the first in the Total Offshore fleet. The company will use the FCS 1204…

EnQuest Cuts Output Guidance Due to Incident Off Malaysia and N. Sea Maintenance Works

Nov 24, 2020

London-listed oil company EnQuest has lowered its full-year production guidance, citing scheduled maintenance and an incident on an offshore platform in Malaysia as the reasons.Group production averaged 60,777 Boepd in the ten months to end October 2020…

Power Purchase Deals Signed for World's Largest Offshore Wind Farm

Nov 24, 2020

SSE Renewables and Equinor, partners in the development of the 3.6GW Dogger Bank Wind Farm complex in the UK North Sea, have signed 15-year offtake Power Purchase Agreements (PPAs) for the first two phases of what will be the world’s largest offshore wind farm…

Archer in 5-Year Drilling Services Deal with Aker BP

Nov 24, 2020

Oslo-listed oilfield services provider Archer has won a five-year contract with the Norwegian oil company Aker BP.The contract is for the provision of platform drilling operations and maintenance services on the Ula and Valhall installations in the Norwegian sector of the North Sea…

NKT Selected as Preferred Cable Supplier for European Offshore Wind Farm

Nov 23, 2020

Power cable supplier NKT has been selected as the preferred turnkey supplier for a high-voltage offshore wind farm project in Europe, the company said Monday, without sharing the identity of the client.As the main contractor, NKT will deliver…

RCG Appoints Floating Wind Expert

Nov 23, 2020

Advisory company Renewables Consulting Group (RCG) has appointed floating offshore wind specialist Dan Kyle Spearman to lead its global floating offshore wind practice.'As floating offshore wind will be a key renewable energy technology in the energy transition to net zero carbon emissions…

OKEA Names New VP Investor Relations

Nov 23, 2020

Norwegian oil and gas company OKEA has appointed Trond Omdal as new VP Investor Relations.'Mr Omdal has extensive experience from equity research and petroleum market analysis, management consulting and investment banking. He most recently worked…

BP Agrees $332M Sale of London HQ

Nov 23, 2020

BP has agreed to sell its London headquarters for 250 million pounds ($332 million), a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy.BP also agreed to lease 1 St James's…

AqualisBraemar to Acquire LOC Group

Nov 23, 2020

Offshore energy and marine consultancy AqualisBraemar will acquire marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed group AqualisBraemar, which offers consultancy services to the offshore energy industries…

Odfjell Drilling, Equinor Firm Up Offshore Drilling Deals in Norway

Nov 23, 2020

Norwegian offshore drilling contractor Odfjell Drilling has signed firm drilling contracts with Equinor for the use of two of its offshore drilling rigs in Norway.The contracts are for the use of the Deepsea Atlantic semi-submersible drilling…

Equinor Given Green Light to Drill at Blasto Prospect in North Sea

Nov 20, 2020

Norwegian oil firm Equinor has been granted authorization to drill two wells at the Blasto prospect in the North Sea, off Norway.The Norwegian Petroleum Directorate said Friday it had granted Equinor a drilling permit for wildcat well 31/2-22…

ORE Catapult Invests in Innovative Wind Turbine Blade Manufacturing Facility

Nov 20, 2020

Offshore Renewable Energy (ORE) Catapult, UK-based innovation center for offshore renewable energy, is looking to lower costs and speed up the production of the wind turbine blade designs of the future with investment in a prototype blade manufacturing facility…

Seadrill: Offshore Drilling Market to Remain Depressed Until Late 2021

Nov 20, 2020

Offshore oil drilling contractor Seadrill expects the market for its rigs to remain depressed until late 2021, the Oslo-listed firm said on Friday as it continued talks with creditors over a debt restructuring.Seadrill, controlled by Norwegian-born billionaire John Fredriksen…

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