Offshore Europe News - page 8


Balmoral Comtec Names Lowdon Nonexecutive Director

Feb 26, 2024

Balmoral Comtec, a division of Balmoral Group and a key player in the offshore energy supply chain, announced it has appointed Dr. Alan Lowdon OBE as nonexecutive director, in move aiming to strategic Balmoral's offshore wind ambition.Lowdon…

Spain Starts Consultation on New Offshore Wind Rules

Feb 26, 2024

Spain has opened a public consultation on a new set of rules for offshore wind energy production, laying the groundwork for auctions of sea-based concessions, the Energy Ministry said on Monday.The sector had been urging the government to publish…

Siemens Gamesa Rolls Out First Moray West 14MW Offshore Wind Turbine Nacelles

Feb 26, 2024

Siemens Gamesa has produced the first nacelles for over 14 MW-rated offshore wind turbines that will be deployed at Moray West offshore wind farm in Scotland.The nacelles were produced at Siemens Gamesa’s Cuxhaven factory in Germany. According to the company…

Kremlin Calls Denmark's Move to End Nord Stream Pipeline Blast Probe Absurd

Feb 26, 2024

The Kremlin said on Monday that a decision by Denmark to drop its investigation into the 2022 Nord Stream 2 pipeline explosions was 'close to absurdity.'Kremlin spokesman Dmitry Peskov said that Denmark had recognized that the blasts had been an act of premeditated sabotage…

Denmark Ends Investigation of Nord Stream Pipeline Blasts

Feb 26, 2024

Denmark on Monday said it had dropped its investigation into the explosions in 2022 on the Nord Stream pipelines carrying Russian gas to Germany, becoming the second nation to do so after neighboring Sweden closed its own inquiry.The multi-billion…

Solstad Scoops $7M for Two AHTS Vessels

Feb 26, 2024

Norwegian vessel owner Solstad Offshore has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018…

Serica Energy Concludes Stake Acquisition in North Sea Field

Feb 26, 2024

UK-based oil firm Serica Energy has completed the acquisition of 30% non-operated interest in two licenses in the Greater Buchan Area from Jersey Oil & Gas.The acquisition of interests in the P2498 and P2170 licenses, which together form the Greater Buchan Area…

Boskalis Commissions BOKA Ocean Cable-Laying Vessel

Feb 23, 2024

After a major conversion, Dutch marine services firm Boskalis has commissioned the BOKA Ocean vessel.The vessel was acquired in 2023 as a pipe-laying vessel and was subsequently converted into a broadly deployable cable-laying vessel.After BOKA Ocean completed its sea trials in the North Sea…

Shell's LNG Trading Makes $2.4B in Final 2023 Quarter

Feb 23, 2024

Nearly a third of Shell's profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ahead of winter, three sources close to the company told Reuters.Shell did…

AGR Extends Well Control Services Contract with Equinor

Feb 23, 2024

AGR, an ABL Group company, has signed a contract extension with Equinor for the provision of blowout and well control studies on the Norwegian continental shelf (NCS).Within the framework of the new two-year agreement, AGR will offer services such as blowout contingency planning…

Eolink's 5MW Floating Wind Turbine Starts Taking Shape in Brest

Feb 22, 2024

The first components of the floating wind turbine, developed by renewable energy company Eolink as part of the France-Atlantique Project, arrived at the port of Brest.The project will deliver the largest operational floating wind turbine on the French Atlantic coast to meet the energy needs for 6…

Enhanced Drilling Wins Equinor Contract for Norwegian Ops

Feb 22, 2024

Enhanced Drilling has secured a five-year frame agreement with Equinor to provide its subsea technologies to be used for operations on the Norwegian Continental Shelf.The frame agreement is the first in its kind for Enhanced Drilling, and covers all technologies in its product portfolio…

DOF Secures $13M Offshore Wind Export Cable Repair Job

Feb 22, 2024

Norwegian offshore vessel operator DOF Group has been awarded a contract by an international energy operator to repair an export cable for an offshore wind farm in Southern North Sea.The project includes the retrieval of the damaged cable and termination…

EnergyPathways Gets Subsea Support for Low-Emission Gas Field in Irish Sea

Feb 22, 2024

Mermaid Subsea Services has signed a Memorandum of Understanding (MoU) with EnergyPathways and MCS Group, through its UK subsidiary MCS Subsea Solutions, to advance the development of the Marram field.Under the terms of the MoU signed on February 9…

Oil Producer APA Misses Quarterly Profit Estimates on North Sea Downtime

Feb 21, 2024

U.S. shale oil producer APA Corp missed Wall Street estimates for fourth-quarter profit on Wednesday, hit by weaker North Sea production.Its North Sea production was hit by a temporary shutdown during the reported quarter at its Beryl Bravo offshore platform…

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