Offshore Europe News - page 5


Wintershall Dea Targets Record 200,000 boed Production from Norway in 2023

Jan 11, 2023

Germany's Wintershall Dea aims to produce a record 200,000 barrels of oil equivalent per day (boed) from Norwegian oil and gas fields in 2023 and will continue to expand its business there, the head of the company's Norwegian unit told Reuters…

Norway Opens North Sea Area for CO2 Storage Applications

Jan 11, 2023

Norway on Wednesday announced an area in the North Sea for applications related to the injection and storage of CO2 on the Norwegian continental shelf.Minister of Petroleum and Energy Terje Aasland said there was a great interest from companies…

TechnipFMC to Deliver Pipe for Wintershall Dea's Dvalin North Project

Jan 11, 2023

TechnipFMC has won a contract to deliver and install a pipe for the Wintershall Dea's Dvalin North gas field offshore Norway.The Dvalin North will be tied back to the Heidrun Platform via the existing Dvalin field offshore Norway.For TechnipFMC…

Report: Shell Held Talks to Sell Norway Business Amid Renewable Energy Push

Jan 10, 2023

Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…

Offshore Wind: Hellenic Cables Hires Asso.Subsea for Cable Installation in Germany

Jan 09, 2023

Hellenic Cables has hired the offshore installation company Asso.subsea to move, install, and protect the 220 kV export subsea cable system that will connect the Windanker offshore wind farm to the German extra-high voltage transmission grid…

Norway Oil Output to Rise 7% in 2023. Gas Steady at Record Levels

Jan 09, 2023

Norway's oil output is expected to rise by 6.9% this year as the huge Johan Sverdrup field ramps up production while gas volumes are predicted to remain unchanged near record highs, the Norwegian Petroleum Directorate (NPD) said on Monday. Production…

Aker Solutions, Drydocks to Upgrade Petrojarl Knarr FPSO for Deployment at Equinor's Rosebank Field

Jan 09, 2023

Norway's Aker Solutions will upgrade Altera Infrastructure's Petrojarl  Knarr floating production storage and offloading vessel (FPSO) to be redeployed at Equinor's Rosebank field development, offshore the UK. Petrojarl Knarr was built by Samsung…

$3 Billion Forecast to be Invested in New Anchor Handlers to Meet Floating Wind Demand

Jan 06, 2023

Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 megawatts (MW). By 2030, close to 11 gigawatts (GW)…

Norway Gas Exports to Stay at Record Levels for 4-5 Years

Jan 05, 2023

Norway plans to export around 122 billion cubic metres (bcm) of natural gas in 2023, in line with last year’s level, and to maintain this volume for the next four or five years, Minister of Petroleum and Energy Terje Aasland said on Thursday…

Serica Pushes for Expansion Beyond UK North Sea after Tailwind Deal

Jan 05, 2023

Serica Energy will look to expand beyond the British North Sea following the acquisition of smaller rival Tailwind in order to diversify its revenue sources, its chief executive said.Serica last month announced it had agreed to buy privately…

Equinor, RWE Partner on Major Hydrogen Projects

Jan 05, 2023

The Norwegian energy company Equinor has signed a strategic partnership with Germany's RWE that involves 'large scale projects that will contribute to the European energy supply as well as to the ramp-up of the hydrogen economy in Germany and the EU…

Denmark's Energinet Gets DNV Certificate for Baltic Pipe Offshore Project

Jan 05, 2023

DNV has given Denmark's Energinet Certificates of Conformity (CoC) for its part of the Baltic Pipe offshore project.The £2 billion (around $2.4 billion) gas pipeline is a strategic infrastructure project with the goal of creating a new gas supply corridor for the European market…

Polish Firm Books Chinese Offshore Rig for Norwegian Sea Drilling

Jan 05, 2023

The Norwegian offshore drilling company Odfjell Drilling has, on behalf of the China-based rig owner CIMC Offshore, signed a contract with the Polish oil firm PGNiG for the Deepsea Yantai offshore drilling rig.PGNiG will use the semi-submersible drilling rig to drill one firm well…

Transocean Lands $488M in Contracts for Five Offshore Drilling Rigs

Jan 05, 2023

Offshore drilling company Transocean has secured contracts and extensions worth $488 million in total for five offshore drilling rigs.In the U.S. Gulf of Mexico, the ultra-deepwater drillship Deepwater Invictus has won a 100-day, three-well contract with an unnamed independent operator…

North Sea Crude: Forties Unchanged as Mercuria Offers Cargoes

Jan 04, 2023

North Sea Forties crude oil differentials were unchanged on Wednesday as Mercuria offered cargoes while BP withdrew one, all above Forties' current assessed value.Platts windowIndications are on a free-on-board (FOB) basis unless marked as cost…

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