Offshore Europe News - page 399


TGS Begins 'Pioneering' OBN Survey Offshore Norway

Aug 24, 2020

Norwegian oil and gas exploration and production seismic data company TGS has announced the deployment of 'a pioneering sparse ocean bottom node (OBN) survey' in the Atlantic Margin off the coast of mid-Norway. TGS said Monday the initial study…

Wintershall Dea CEO Rejects U.S. Sanctions Bid on Nord Stream 2 Pipeline

Aug 21, 2020

Wintershall Dea, one of five western partners in the Nord Stream 2 gas pipeline project led by Russia's Gazprom, rejects sanctions planned by the United States to discourage its completion, chief executive Mario Mehren said on Wednesday.'We…

Hurricane Energy Picks Ex-Pharos Energy Man as New CEO

Aug 21, 2020

UK-based oil and gas company Hurricane Energy has appointed Antony Maris as Chief Executive Officer ('CEO') designate, and executive director of the company.Maris' appointment follows the resignation of Hurricane Energy's long-standing CEO Robert Trice…

Poland Could Become Climate Neutral by 2056

Aug 21, 2020

Poland, the only European Union country that has not pledged to be carbon neutral by 2050, could reach that goal by 2056, a study by the state Polish Economic Institute (PEI) showed on Wednesday.Poland generates almost 80% of electricity from…

Premier Oil Extends Debt Facilities, Posts 1H Loss

Aug 21, 2020

Premier Oil said on Thursday it had agreed to terms for a long-term refinancing of its debt facilities, including $300 million of new equity and an extension to its credit maturities, after posting a first-half loss on weak crude prices. The British company said $2…

Turkey Makes Significant Black Sea Gas Find

Aug 20, 2020

Turkey has found significant gas resources in the Black Sea, two Turkish sources said, a discovery which could help the country cut its dependence on energy imports if the gas can be commercially extracted.President Tayyip Erdogan told energy…

Buss Energy Acquires Stake in Drone Inspection Firm

Aug 20, 2020

Germany based Buss Energy Group has acquired a 24.9 percent stake in Austrian drone specialist Aero Enterprise which provides drones for offshore wind turbine inspections.The Aero Enterprise drones are based on helicopter technology and thus can be used even at high wind speeds…

Norway: Tax Breaks Revive Some Offshore Oil Investment Plans

Aug 20, 2020

Oil and gas investment in Norway, Western Europe's top producer, will rise more this year and decline less in 2021 than predicted a few months ago, an industry survey by the statistics office (SSB) showed on Thursday.Petroleum companies, including Equinor…

RWE Eyes Renewables Deals as Part of $8.4 B Expansion

Aug 20, 2020

Germany's largest power producer RWE plans to spend part of its 7 billion euro ($8.4 billion) war chest on growing its 24.7 gigawatt pipeline of renewables projects, its CFO said, just weeks after BP announced a major low-carbon push.'A pipeline needs to be worked on constantly…

Deme Offshore Wins 'Largest ever' Offshore Wind Inter-array Cable Order

Aug 20, 2020

Belgium-based offshore installation services company Deme Offshore will deliver and install subsea cables for the giant Dogger Bank offshore wind farm, off the North East coast of EnglandUnder a contract which Deme Offshore described as 'substantial'…

Autonomous Landing System Launched for Offshore Gangways

Aug 19, 2020

Offshore gangways, motion-compensated at that, used for crew and equipment transfers from vessels to offshore oil and gas and wind installations have been around for a while.While the motion-compensation technology keeps a gangway steady for…

Welaptega's Riser Cleaning Tech in Successful Debut Offshore Norway

Aug 19, 2020

Underwater asset integrity company Welaptega's recently launched system for marine growth removal from offshore risers recently had a debut at Var Energi's Balder X project, in the North Sea, offshore Norway. Welaptega delivered the system called…

Caspian Drilling & Engineering Firm Wins More BP Work. Hires 71 Workers

Aug 19, 2020

Turan Drilling & Engineering, a Caspian region focused joint venture between KCA Deutag and SOCAR AQS Company, has employed 71 new workers to support the newly awarded contract by BP.Following a $500 million contract award last year, Turan Drilling…

Nova People Personnel for Baltic Pipe

Aug 19, 2020

Norway-based recruitment company Nova People has said it has secured a major contract as part of the Baltic Pipe Project operated by Gaz-System S.A.Baltic Pipe is a pipeline project designed to bring gas from the Norwegian offshore fields to Denmark and Poland…

Floating Wind Farms: How to Make Them the Future of Green Electricity

Aug 19, 2020

Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions…

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