Offshore Europe News - page 8


DNO to Acquire Sval Energi in $1.6B Deal to Boost North Sea Assets

Mar 07, 2025

Norwegian oil and gas operator DNO has reached agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million, based on an enterprise value of $1.6 billion.The Sval Energi assets are complementary to DNO’s North Sea portfolio…

SeAH Wind Appoints Subcontractors for Hornsea 3 Offshore Wind Farm

Mar 06, 2025

SeAH Wind has appointed Mammoet, Glacier Energy, and Hutchinson Engineering as key subcontractors for the Hornsea 3 offshore wind project in the U.K.With commercial production set to start in the coming months, these subcontractors have been…

Constellation Starts Trading on Euronext Growth Oslo Exchange

Mar 06, 2025

Constellation, an offshore oil and gas drilling services provider in Brazil, has started trading on Euronext Growth Oslo, under the ticker symbol ‘COSH’.Constellation holds about one fifth of Brazil’s country’s offshore drilling market.Constellation…

Italian and Norwegian Associations Deepen Offshore Wind Ties

Mar 06, 2025

Norway’s offshore wind association Norwegian Offshore Wind has signed a memorandum of understanding (MoU) with ANEV, the Italian National Wind Association to increase offshore wind cooperation.The signing of the MoU sets a framework for extensive…

Germany's Gode Wind 3 Offshore Wind Farm Starts Commercial Operations

Mar 06, 2025

Ørsted and Nuveen Infrastructure’s 253 MW Gode Wind 3 offshore wind farm in Germany has started commercial operations.Final testing for the Gode Wind 3 offshore wind farm, which is jointly owned by Ørsted and Nuveen Infrastructure, was completed on February 28…

UK to Revise Windfall Oil and Gas Tax

Mar 06, 2025

Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub.The government is asking industry players and others…

Harbour Energy Reports Annual Loss in 2024 Driven by UK Taxes

Mar 06, 2025

Harbour Energy swung to an annual loss in 2024 as the U.K.'s windfall tax for energy companies wiped out most of its pre-tax earnings, the company said on Thursday.North Sea producers have warned that the UK's windfall tax on the industry, first…

UK Invests $71M in Scottish Port Expansion for Floating Wind

Mar 05, 2025

Britain will invest 55.7 million pounds ($71.45 million) in the Port of Cromarty Firth in Scotland to expand the facility to become a hub for floating offshore wind, the government said on Wednesday.Britain has a target to largely decarbonize…

Glamox to Illuminate Cadeler’s New Wind Turbine Installation Vessel

Mar 05, 2025

Lighting solutions specialist Glamox has signed a contract to light the Wind Apex Wind Turbine Installation Vessel (WTIV), being built for Cadeler.The ship is a hybrid WTIV capable of installing both XL turbine foundations and wind turbines…

Saipem, Divento Team Up for Two Mediterranean Floating Wind Projects

Mar 05, 2025

Saipem and Divento partnership have signed a collaboration agreement involving the application of STAR 1, Saipem's proprietary technology for floating wind, for two planned offshore wind projects in the Mediterranean Sea.Divento is a partnership between Copenhagen Infrastructure Partners (CIP)…

Ørsted Opens Applications for Offshore Wind Technicians Training Program

Mar 05, 2025

Ørsted has opened application process for its expanded 2025 Wind Turbine Technician Apprenticeship Program, a four-year training program that equips individuals with technical skills and hands-on offshore experience for jobs in the U.K.’s offshore wind industry…

Koil Energy, SubseaDesign Join Forces for Subsea Field Development

Mar 05, 2025

U.S. firm Koil Energy Solutions and Norway-based SubseaDesign have formed a strategic alliance to accelerate advancements in subsea technology.Both companies provide specialty products and services for subsea projects. Driven by the rising demand…

Expro Nets $10M in Contracts for OMV Petrom’s Black Sea Gas Project

Mar 05, 2025

Texas-based oilfield services provider Expro has secured major contracts from OMV Petrom, totaling more than $10 million, for the Neptun Deep gas project in the Black Sea.The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology…

Shearwater, TotalEnergies Ink Long-Term Marine Seismic Deal

Mar 05, 2025

Shearwater Geoservices and TotalEnergies have signed a three-year firm capacity reservation agreement (CRA) for worldwide marine seismic streamer acquisition services.The CRA reflects the longstanding relationship between TotalEnergies and Shearwater…

Orlen and Equinor to Jointly Explore CCS Opportunities

Mar 04, 2025

Poland’s Orlen and Norway’s Equinor have teamed up to explore opportunities within Carbon Capture and Storage (CCS) technology.The management boards of both companies have signed a collaboration agreement, covering the transport and storage of carbon dioxide (CO2) in Poland…

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