Offshore Europe News - page 3

Wintershall Dea Starts Production at Nova Field off Norway

Aug 01, 2022

Germany's Wintershall Dea started production at its Nova oil and gas field in the Norwegian sector of the North Sea, the company said on Monday.The subsea field, about 120 kilometers northwest of the city of Bergen, is tied-back to the Neptune Energy-operated Gjoea field…

Life Extension Green Light at Tambar

Jul 29, 2022

Norway's Petroleum Safety Authority Norway has given operator Aker BP consent for life extension of the Tambar field in the Norwegian North Sea.The Tambar field is part of production license 065, for which Aker BP is the operator. Consent includes…

Neptune Initiates Drilling on Ofelia Exploration Well

Jul 27, 2022

Neptune Energy said drilling has commenced on the Ofelia exploration well in the Norwegian sector of the North Sea.  The well, 35/6-3 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling…

Nord Stream's Turbine Tussle Puts Spotlight on Equipment

Jul 26, 2022

The bickering over a turbine Moscow says is to blame for a reduction of gas flows via Nord Stream 1 has put into focus the equipment the pipeline needs to operate.At the heart of the tussle lies SGT-A65, a Siemens Energy turbine that is 12 meters long and weighs 20 tonnes…

Shell, Deltic to Drill Selene Gas Prospect in UK North Sea

Jul 26, 2022

U.K. oil company Deltic Energy and supermajor Shell, joint venture partners on Licence P2437 in the U.K. Southern North Sea, have made a positive well investment decision to drill the high impact Selene gas prospect, Deltic Energy announced on Tuesday…

First Foundations Installed at World's Largest Offshore Wind Farm

Jul 26, 2022

The first monopile and transition piece have been installed at the Dogger Bank Wind Farm in the U.K. North Sea, marking a key milestone for the construction of the world's largest offshore wind farm.The foundations, designed by Wood Thilsted…

Shell to Develop Jackdaw Gas Project in the UK North Sea

Jul 25, 2022

Supermajor Shell on Monday said it will develop the Jackdaw gas field approximately 250 kilometers east of Aberdeen, Scotland in the U.K. North Sea.The Jackdaw field is 100% owned and operated by Shell U.K. affiliate BG International, which…

Galp Profit Leaps 90%

Jul 25, 2022

Portuguese oil and gas company Galp Energia reported a 90% jump in adjusted second-quarter profit on Monday, citing soaring oil prices and a sharp increase in its refining margin.Rapid recovery in demand after pandemic lockdowns and a surge…

Serica Energy Rejects Kistos' Revised $1.4 Billion Merger Offer

Jul 25, 2022

Serica Energy has rejected a revised merger proposal from energy investment firm Kistos at a valuation of nearly 1.2 billion pounds ($1.4 billion), saying it undervalues the British oil and gas group.Kistos on Monday disclosed details of the proposal…

Kremlin Rejects Report Nord Stream Turbine is Stuck in Transit

Jul 22, 2022

The Kremlin on Friday rejected a report that a turbine for the Nord Stream 1 pipeline taking gas from Russia to Germany was stuck in transit.Reuters reported on Thursday that Russia had not yet given the go-ahead to transport the turbine back to Russia…

Dutch Gas Prices Up as Nord Stream Turbine 'Gets Stuck in Transit'

Jul 22, 2022

Dutch gas prices rose on Friday, boosted by further delays in replacing a turbine for the Nord Stream 1 pipeline from Russia, and as Germany raised its gas storage targets, British gas prices fell, however, on softer demand, Reuters reported…

Siemens Energy Wins Its Largest Offshore Grid Connection Deal Ever

Jul 22, 2022

Siemens Energy has won what it says is the largest offshore grid connection order in the company's history. The order, made by Amprion Offshore, will see Siemens Energy supply two offshore wind power converter platforms at sea DolWin4 and BorWin4…

Third Unaoil Bribery Conviction Quashed in London

Jul 21, 2022

A third man convicted in Britain over how oil contracts were secured in post-occupation Iraq has had his conviction overturned by a London court, further unraveling a high-profile bribery case prosecuted by the UK Serious Fraud Office (SFO)…

Wintershall Dea Drills Dry Well Offshore Norway

Jul 21, 2022

Oil and gas company Wintershall Dea has found no hydrocarbons Brage South exploration well (31/4-A-13 C), offshore Norway, and will plug and abandon it. The news was shared by the Norwegian oil and gas company OKEA, which in May entered into…

First UK-Germany Power Link Gets Financial Green Light

Jul 21, 2022

A financial agreement was reached on Thursday to build the first power cable linking Britain and Germany, with construction set to begin later this year as the two countries work to reduce dependency on Russian gas and increase the use of green energy…

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