Offshore Europe News - page 216


Noreco, Partners to Drill Two Infill Wells in Danish North Sea

Dec 02, 2022

Norwegian Energy Company ASA (Noreco) has reached a Final Investment Decision (“FID”) on two infill wells in the Danish North Sea.The two wells will be drilled at the Tor reservoir in the Halfdan North East area, located in the central part of the Danish North Sea…

German Firm Buys Irish Offshore Wind Farm Site

Dec 02, 2022

German renewable energy firm RWE said Friday it had bought the Irish company Western Power Offshore Developments Ltd, which is in the early stages of developing the East Celtic wind farm project offshore Ireland.The East Celtic wind farm site…

Norway: Aker BP Board Greenlights $19B Offshore Field Development Projects

Dec 02, 2022

The Norwegian oil and gas company Aker BP said Friday it would vote in favor of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project, and the Utsira High projects…

Wintershall Dea Expands Carbon Capture and Storage in Denmark

Dec 02, 2022

German oil and gas producer Wintershall Dea said on Thursday it was teaming up with other companies to expand carbon capture and storage activities around a hub near Hirtshals on Denmark's northern North Sea coast.The hub will be linked to the Danish Greensand CCS project…

Siemens Gamesa Loses UK Patent Dispute over GE Offshore Wind Turbines

Dec 01, 2022

General Electric Co has fended off a patent lawsuit over its Haliade-X turbines brought by Siemens Gamesa Renewable Energy A/S in a London court.Judge Richard Meade of London's High Court on Wednesday said Siemens, which had sued GE claiming…

HST Marine Orders Three Battery-powered Fast Crew Suppliers from Damen

Dec 01, 2022

Offshore energy industry services provider High Speed Transfers (HST) Marine has ordered three Fast Crew Suppliers 2710s from Damen Shipyards for an undisclosed fee.Damen Shipyards said that the vessels would be fitted with 190kW battery arrays…

Norway: Vår Energi Books Floatel Rig for Balder FPU Work

Dec 01, 2022

Vår Energi, a Norwegian oil and gas company, has awarded Floatel International a contract for its Floatel Superior offshore accommodation rig.The rig will support Vår Energi's lifetime extension program for the North Sea production vessel Balder FPU in 2023…

Germany Plans to Buy Majority Stake in Unit of Dutch Grid Operator TenneT - sources

Dec 01, 2022

The German government wants to buy either a majority stake or all of the German subsidiary of Dutch power grid operator TenneT as part of Berlin's planned transition towards sustainable energy use, two German government sources told Reuters…

Greek FSRU Projects in the Pipeline

Dec 01, 2022

As demand grows for liquefied natural gas in Europe in the wake of the war in Ukraine, Greece has relied heavily on its sole LNG terminal off Athens to replace Russian gas imports. Now it is looking to build new floating storage and regasification units (FSRUs) that could be operational by 2024…

Germany and Norway Want NATO to Protect Subsea Infrastructure after Nord Stream Attacks

Dec 01, 2022

The leaders of Germany and Norway said on Wednesday they would jointly ask NATO to coordinate the protection of Europe's subsea infrastructure in light of the suspected attacks on the Nord Stream gas pipeline network.European countries have…

Capricorn AGM Could Aid Alternative to NewMed Deal, says Palliser

Nov 30, 2022

Capricorn Energy's move to ask shareholders for permission to bolster its options for payouts could pave the way for an alternative to its planned merger with NewMed, top-three Capricorn shareholder Palliser told Reuters. Palliser is one of…

New JV Eyes Floating Wind Projects in Sweden, Finland

Nov 30, 2022

Offshore wind developers Eolus and Simply Blue Group have created a joint venture, SeaSapphire, under which they plan to develop floating offshore wind farms in the Baltic Sea. SeaSapphire is starting the early development of four commercial…

Reuters: Eni in Talks to Buy Neptune Energy for $5-6B

Nov 30, 2022

Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy for around $5 billion -$6 billion, a source with knowledge of the matter said on Wednesday, adding that no official bid had been submitted.Neptune produces around 130…

Germany to Get New Qatari LNG flows Through QatarEnergy, ConocoPhillips Deal

Nov 30, 2022

Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period. Since Russia's invasion of Ukraine in February…

Norway Delays 26th Oil Licensing Round

Nov 29, 2022

Norway will not issue licenses for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, its oil and energy minister told Reuters on Tuesday.The decision to postpone the…

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