Offshore Europe News - page 2


OKEA Expects Revenue to Triple in 3Q. Yme Field to Start Producing Shortly

Sep 15, 2021

Norwegian oil company Okea expects its revenue to roughly triple in the third quarter of 2021 on higher oil and gas prices, the firm said on Wednesday, adding that it sees a an additional boost from the imminent startup of a new field.Overall…

Final Offshore Wind Turbine Installed at Moray East

Sep 15, 2021

Ocean Winds (OW), a 50-50 joint venture between EDP Renewables (EDPR) and ENGIE, has said that the final offshore wind turbine has been installed at what is currently Scotland’s biggest windfarm: Moray East.The project currently has all 100 turbines with a capacity of 9…

Aker BP Awards $81M in FEED Contracts for NOA Fulla Field Project

Sep 15, 2021

Aker BP has awarded FEED contracts worth nearly NOK 700 million (~$81,2 million) to its alliance partners Aker Solutions, Siemens Energy, and Subsea 7, related to the field development of NOA Fulla in the southern part of the NOAKA area, offshore Norway…

Norway Coalition Talks Start, with Climate and Oil in Focus

Sep 14, 2021

Norway's Labour Party began coalition talks with other members of the center-left bloc on Tuesday seeking to form a government after their parliamentary election victory, with the focus on climate change and oil.Labour leader Jonas Gahr Stoere must…

Ex-RWE Renewables CEO Joins BP

Sep 14, 2021

Oil major BP has appointed Anja-Isabel Dotzenrath, former CEO of RWE Renewables, as its new executive vice president, gas and low carbon energy, and member of BP’s leadership team. Dotzenrath, who resigned from RWE in August, will join BP on March 1…

Subsea 7 Names New CFO

Sep 14, 2021

Offshore installation services provider Subsea 7 said Tuesday that its Chief Executive Office Ricardo Rosa would retire from his position at the end of December 2021. He will be succeeded from January 1, 2022, by Mark Foley.Foley joins Subsea…

Hybrid Battery Package Installed on Siem PSV

Sep 13, 2021

Siem Offshore said one of its dual fuel platform supply vessels (PSV) has been upgraded with a hybrid battery package, in line with the company’s goals to reduce its environmental footprint.The installation aboard the 2014-built VS 4411 DF Siem…

Report: Norway Opposition Expected to Win Election Fought on Oil, Inequality

Sep 13, 2021

Norway was voting on Monday on the final day of a parliamentary election dominated by climate change and economic inequality, with the center-left opposition widely expected to replace a Conservative-led government that has ruled for eight years…

INEOS Gets Consent for Fat Canyon Drilling

Sep 13, 2021

INEOS E&P Norge has obtained a drilling permit from the Norwegian Petroleum Directorate for an offshore exploration well in the Norwegian Sea.INEOS will drill the well, formally named 'Well 6306/3-1 S' - the Fat Canyon Prospect - using the Borgland Dolphin semi-submersible drilling rig…

Offshore CCS Project Planned in The Netherlands

Sep 13, 2021

TotalEnergies, Shell Netherlands, Energie Beheer Nederland (EBN), and Gasunie have partnered up in a project called Aramis that aims to enable large-scale CO2 reduction for industrial clusters in the Netherlands. The Aramis project aims to contribute…

Aker Solutions Wins More Work at Tommeliten Alpha Development

Sep 10, 2021

ConocoPhillips has awarded Norway's Aker Solutions a large topside modification contract for Tommeliten Alpha development, offshore Norway. The topside modification contract award follows the final investment decision by the license partners…

Zero Subsidy: Germany Awards Offshore Wind Licenses for 2026

Sep 10, 2021

Germany's power network agency said on Thursday it had awarded licenses to build 958 megawatts (MW) of offshore wind capacity at zero subsidy for commissioning in 2026 in the country's North Sea and Baltic Sea territories.The winners of the…

Nord Stream 2 Pipeline Completed, Gazprom Says

Sep 10, 2021

Gazprom said on Friday it had finished construction of the Nord Stream 2 subsea pipeline to Germany, completing Moscow's project to increase its gas export capability and bypass Ukraine, but flows have yet to be cleared by regulators.The much…

RWE, NTE, Havfram to Bid for Floating Wind Rights in Norway

Sep 10, 2021

Renewable energy firms RWE and NTE, and offshore services company Havfram, have signed a deal to jointly participate Norwegian government’s tender for floating offshore wind energy, which will begin later this year. By 2030, Norway, one of Europe's largest oil and gas producers…

Ultimate Sea Trial: Volvo Penta, Danfoss Editron Power MHO's New CTVs

Sep 09, 2021

Danish offshore crew transfer specialist MHO has earlier this week taken delivery of two hybrid crew transfer vessels, after what was described as an ultimate sea trial.Namely, the vessels arrived in Esbjerg, Denmark after a 12,000 nautical mile journey from China…

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