Offshore Europe News - page 462


Ardyne Scores Services Deal from Equinor

Nov 25, 2019

UK plug, abandonment and casing recovery specialist Ardyne said it has entered a frame agreement with Norwegian energy company Equinor to provide fishing services covering all of the operator’s assets on the Norwegian Continental Shelf.The agreement…

North Sea: A Stage for the Energy Transition

Nov 25, 2019

As the energy transition continues to pick up pace globally, the North Sea has the potential to become a global showcase for impactful change as a number of low carbon solutions grow in prominence, with partnership models becoming critical for the future of the basin…

N-Sea-BODAC Boosts UXO Services Offering

Nov 25, 2019

UXO survey, identification and disposal services joint venture N-Sea-BODAC reports it will make significant investment in its further development following year-on-year commercial growth since being formed in 2016.“Following three years of successful joint operations…

Equinor, ESB Target Irish Offshore

Nov 24, 2019

Ireland-based energy company Electricity Supply Board (ESB) and Norwegian energy company Equinor plan to jointly develop offshore wind sites and enter them into the country's renewable energy auctions from the mid-2020s.The partnership will…

IKM Testing Wins Work for Johan Sverdrup 2

Nov 22, 2019

Norwegian energy company Equinor has awarded a NOK 65 million ($7.1 million) contract to IKM's testing and inspection arm for the mega Johan Sverdrup Phase 2 project offshore Norway.IKM Testing said it will perform nitrogen helium leak testing…

Neptune: 'Remote' Possibility of 2020 IPO

Nov 22, 2019

Neptune Energy said on Friday there was only a 'remote' possibility it would launch an initial public offering next year, as the group was focused for now on exploration and bringing projects to production.Chief Executive Jim House also said…

Norway's Oil Industry Lifts Forecasts

Nov 21, 2019

Norwegian oil and gas investments will probably hit a five-year high next year, extending a recovery that has boosted the economy, a survey by Statistics Norway (SSB) showed on Thursday.The closely watched forecasts, based on data from oil and gas companies working in Norway…

Total Criticizes EIB's Decision Not to Finance Gas

Nov 21, 2019

Total criticized on Thursday the European Investment Bank's decision to stop financing all fossil fuel projects including gas, saying companies that might switch to gas-fired power plants from heavy-polluting coal could now reconsider.'I think…

Maersk Supply Service Wins UK Job

Nov 21, 2019

Maersk's offshore services arm has been awarded a contract to provide towing and mooring installation work for an unnamed floating production, storage and offloading unit (FPSO) in the North Sea.The work scope includes project management, engineering…

Straightpoint, Crosby Partner on FPSO Project

Nov 20, 2019

PT. Dalaz Teknik Utama used a 12t capacity Radiolink plus Straightpoint (SP) load cell and a Crosby shackle of the same capacity to complete a series of tests during fabrication of a power generator module at a Wasco Energy fabrication yard in Indonesia…

Neptune Awarded Dutch Exploration Block

Nov 20, 2019

Neptune Energy said it has been awarded an exploration permit for block F5 in the Dutch sector of the North Sea from the Ministry of Economic Affairs & Climate Policy.The block is located 200 kilometers north of Den Helder and 25 kilometers southwest of the Neptune-operated F3-B platform…

Hurricane Testing Warwick West

Nov 19, 2019

Hurricane Energy has confirmed that drill stem testing on the Warwick West well is expected to begin Tuesday.The UK-based company said it will share initial results of the well, including flow rates and oil type, following completion of the testing phase…

CGG Announces Largest Ever Seabed Survey

Nov 19, 2019

French geoscience company CGG said it will perform its largest seabed survey to date in the UK Central North Sea.Prefunded in part by BP, the multi-client ocean-bottom node (OBN) seismic survey has already received significant industry interest…

NOV Wins Balder Pipe Work

Nov 19, 2019

Oilfield services firm NOV said it will provide more than 90 kilometers of flexible pipe systems for the Balder field in the Norwegian North Sea.NOV Flexibles, part of Subsea Production Systems within NOV's Completion & Production Solutions segment…

Norway's Oil Industry Faces Thinner Margins

Nov 19, 2019

Norway's oil industry faces thinner margins as smaller new discoveries boost per-barrel development costs, Statistics Norway (SSB) said in a report on Tuesday.'In the long term, it appears that the downturn that began in 2013, when output and prices fell…

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