Offshore Europe News - page 316


DOF Subsea Sells Skandi Neptune Vessel

Sep 06, 2021

Norwegian offshore vessel owner DOF Subsea has sold its 2001-built construction support vessel Skandi Neptune.According to DOF Subsea, the vessel has been sold to an unnamed 'international buyer.'The vessel will be delivered to the new owner in Q3 2022…

Aker Offshore Wind, Hexicon Name Directors for Swedish Floating Wind JV

Sep 06, 2021

Former Swedish Finance Minister Pär Nuder and former Vattenfall executive Mikael Kramer - both Swedish - have joined the Board of Directors a new joint venture between Norway's Aker Offshore Wind and Swedish firm Hexicon which will develop floating wind offshore Sweden…

Ørsted Taps Bladt, Steelwind for Offshore Wind Farm Foundations

Sep 06, 2021

Offshore wind giant Ørsted contracts with Bladt Industries and Steelwind Nordenham for the supply of monopile foundations for Ørsted's German offshore wind farms Gode Wind 3 (242 MW) and Borkum Riffgrund 3 (900 MW).The two suppliers will be…

Wintershall Dea Wraps Begknapp Appraisal Drilling. Eyes Tie-back to Nearby Platforms (Norway)

Sep 06, 2021

Oil and gas firm Wintershall Dea has completed the drilling of an appraisal well on the Bergknapp oil discovery in the Norwegian Sea.Wintershall Dea made the Bergknam discovery in April 2020, using Saipem's Scarabeo 8 offshore drilling rig.The…

CHC Buys Babcock's Offshore Helicopter Business

Sep 03, 2021

Offshore helicopter transportation company CHC has said it has completed the acquisition of Babcock International’s offshore oil and gas aviation business. The acquisition, first announced in March, will increase CHC's offshore crew transportation…

BSOG Project a Litmus Test for Romanian Offshore Gas Investments

Sep 03, 2021

Black Sea Oil & Gas (BSOG) is pressing ahead to be the first company to tap Romania's offshore gas fields despite a disputed tax that has stymied other projects, but if the levy remains it could impact its operations in the country, its chief executive said…

Solstad Offshore Bags Two-year Contract for Normand Tonjer CSV

Sep 02, 2021

Solstad Offshore has won a contract for the construction support vessel Normand Tonjer.The Norwegian offshore vessel owner said the new two-year firm contract would keep the vessel busy until October 2023. The 95-meter long vessel has been working for the same client since 2018…

Ithaca Energy's North Sea Oil Find 'a Ray of Light' for UK Offshore Exploration

Sep 02, 2021

Energy intelligence firm Wood Mackenzie has shared that Ithaca Energy has made an oil discovery at Fotla prospect in the UK North Sea, labeling it 'a ray of light' in what’s been a tough year for UK exploration activity, with 2021 on track for the fewest number of completed wells since the 1960s…

Executive Team Selected for New Offshore Wind Installation Firm

Sep 02, 2021

Offshore installation specialist Subsea 7 on Thursday announced the proposed executive team for Seaway 7, the company set to be created through the merger of OHT and Subsea 7's renewables business unit, as proposed in July 2021.Seaway 7, an offshore wind installation giant in the making…

Lundin Gets Nod to Start Up North Sea Field

Sep 02, 2021

Swedish oil and gas firm Lundin Petroleum has received approval from the Norwegian authorities to start up its Solveig field in the North Sea. offshore Norway.Expected to start production this autumn, Solveig will produce from subsea production facilities tied into the Edvard Grieg field…

EnQuest Lowers Output Guidance on Magnus Field Declines

Sep 02, 2021

Oil producer EnQuest on Thursday warned that annual output would be at the lower end of its previously forecast range, primarily owing to declines at its Magnus field in the UK North Sea, sending its shares down more than 7%.Production activity…

Retrofit: Eidesvik, Aker BP Partner Up to Cut Emissions from Existing OSV Fleet by 'at least' 70%

Sep 02, 2021

Norwegian offshore vessel owner Eidesvik and oil and gas firm Aker BP are developing a project which aims to reduce emissions from existing offshore supply vessels.The project called 'Retrofit' will evaluate various solutions for converting…

Kistos Hails 'Extremely Positive' Drilling Results in Dutch North Sea. Plans Wind Farm Buy

Sep 01, 2021

Energy firm Kistos on Wednesday said the initial results of an appraisal well at its block in the Dutch North Sea were better than expected with CEO describing the result as 'extremely positive.' The company also announced a wind farm investment deal…

Okea's Shares Rise after Norwegian Gov't Proposes Oil Tax Overhaul

Sep 01, 2021

Shares in Norwegian oil company Okea rose 4.7% at the opening of trading on the Oslo bourse on Wednesday, a day after the Norwegian government proposed changes to the petroleum tax system.The coalition led by Prime Minister Erna Solberg proposed…

Aker BP to Lower North Sea Discovery Size Estimate after Appraisal Well Disappoints

Sep 01, 2021

Aker BP is set to lower the size estimate of the 2019-made Liatårnet discovery in the Norwegian part of the North Sea, after the related appraisal well hit lower than expected hydrocarbon volumes.The company said that pending further analysis…

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