Offshore Europe News - page 295


Floating Wind Tech: TetraSpar Demonstrator Starts Operation Off Norway

Dec 01, 2021

TetraSpar Demonstrator, dubbed the world’s first fully industrialized floating offshore wind foundation, has been officially commissioned and is now in operation off the coast of Norway.The floating wind foundation, fitted with an offshore wind…

Ørsted Reaches FID on Two German Offshore Wind Farm Projects

Dec 01, 2021

Danish offshore wind farm developer Ørsted has taken the final investment decision (FID) on the two German offshore wind farms Gode Wind 3 (242 MW) and Borkum Riffgrund 3 (900 MW), expected to be commissioned in 2024 and 2025, respectively.Rasmus Errboe…

UK North Sea: Maersk Supply Service Nets Juliet Field Decom Job

Dec 01, 2021

Oil and gas company Neptune Energy has awarded a decommissioning contract to Maersk Supply Service (MSS) for the Juliet field in the UK Southern North Sea.Neptune Energy said that Maersk Supply Service would deploy innovative technology to reduce…

Caterpillar to Power Edda Wind's New Vessels

Nov 30, 2021

Caterpillar Marine said it has been selected to be the power solutions provider for Edda Wind’s four new commissioning service operation vessels (CSOV) being built at Astilleros Gondán and two new service operation vessels (SOV) to be built at Astilleros Balenciaga shipyards in Spain…

Report: Lundin Energy Pondering Sale

Nov 30, 2021

Swedish oil and gas company Lundin Energy is considering a potential sale, Bloomberg News reported on Monday, citing unnamed sources.Lundin, which has a market value of about $10 billion, is studying strategic alternatives that could also include a merger or asset disposals…

Project Launched to Test Use of North Sea Gas Pipelines for CO2 Transport

Nov 30, 2021

Energy industry consultancy and provider DNV is working with Wintershall Noordzee and the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines in the southern North Sea can be used for future carbon dioxide (CO2) transport…

Nexans Wins $738M Italian Subsea Power Cable Contract

Nov 30, 2021

French offshore cable construction and installation firm Nexans has been awarded a frame contract for more than €650 million (around $738,16 million) with Terna, supplying an interconnector cabling solution for its Tyrrhenian Link in Italy. Tyrrhenian…

Norway: Johan Sverdrup Crude Loadings to Drop in January

Nov 30, 2021

Exports of Norway's major crude stream Johan Sverdrup will drop sharply in January to 471,000 barrels per day (bpd) compared with 536,000 bpd in December, a loading program showed on Tuesday.The program is the smallest since July this year.…

Boskalis Joins Consortium Bidding for Danish Energy Island

Nov 30, 2021

Dutch dredging and marine contractor Boskalis has partnered up with  Copenhagen Infrastructure Partners (CIP) and three other companies to bid for the development of the energy island in the Danish North Sea. Back in February, Denmark approved…

Google to Buy Power from Ørsted's German Offshore Wind Project

Nov 30, 2021

Offshore wind developer Ørsted said Tuesday it had struck a 12-year corporate power purchase agreement (CPPA) with Google. Under the CPPA, Google will offtake 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea…

BP to Set Up Large-scale Green Hydrogen Project in UK

Nov 30, 2021

BP said on Monday it plans to set up a large-scale green hydrogen production plant in northeast England, generated with wind, water and solar energy to aid Britain's move away from fossil fuels.The project, dubbed HyGreen Teesside, aims to produce…

Equinor Exits Ireland with $434M Sale of Corrib Gas Field Stake to Vermilion Energy

Nov 29, 2021

Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy.The transaction is organized through a share sale of Equinor Energy Ireland Limited, a company 100% owned by Equinor ASA…

Germany Working with U.S. on Nord Stream 2 Pipeline Deal

Nov 29, 2021

Germany said on Sunday it was continuing to work closely with the United States on implementing a deal on the Nord Stream 2 pipeline, which runs under the Baltic Sea and carries gas from Russia to Germany.Germany's foreign ministry said it continued to coordinate closely with the U…

Snam Buys Stake in Algerian Gas Pipelines from Eni

Nov 29, 2021

Italy's Snam has agreed to buy a stake in pipelines carrying Algerian gas into Italy in a move that could pave the way for hydrogen imports from Africa into Europe.Europe's biggest gas infrastructure group said on Saturday it would pay energy company Eni 385 million euros ($436 million) for a 49…

UK North Sea: CNOOC Brings Online Buzzard Phase II

Nov 29, 2021

Chinese oil and gas company CNOOC has started production from the Buzzard Phase II development in the UK North Sea.Buzzard Phase II sits around 100 kilometers northeast of Aberdeen, Scotland, with an average water depth of approximately 96 meters…

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