Offshore Europe News - page 425


Eidesvik Equips Fleet with Energy Efficiency Software

Jun 16, 2020

The Norwegian offshore shipowner Eidesvik has signed a contract with Yxney Maritime for the use of Yxney's Maress energy efficiency software on its vessels, as a step towards further emissions reduction.Maress is a cloud-based system using available…

Wintershall Nordzee Brings Online 2nd Sillimanite Well

Jun 16, 2020

Gazprom-Wintershall DEA joint venture company Wintershall Noordzee said Monday it had started gas production from D12-B2, the second well drilled in its Sillimanite offshore field.The gas field, found in June 2015, stretches across the UK and…

Denmark's CIP Starting 'World's Largest' Renewable Infrastructure Fund

Jun 16, 2020

Fund management firm Copenhagen Infrastructure Partners (CIP) said on Tuesday it had started what it expects to be the world's largest fund for renewable energy infrastructure as it targets investments worth 100 billion crowns ($15.2 billion)…

Van Oord to Lay Off 500 Employees

Jun 16, 2020

Dutch offshore and dredging contractor Van Oord said Tuesday it would lay off 500 people, citing effects of COVID-19 on its business.Van Oord said: 'As a company operating on a global scale, COVID-19 is having a major impact on our business…

Ørsted CEO Poulsen to Step Down

Jun 15, 2020

Ørsted Chief Executive Henrik Poulsen has resigned after eight years at the helm of the Danish offshore wind farm developer, the company said on Monday.Poulsen, who became Ørsted CEO in 2012, spearheaded the group's transformation from a diversified…

AF Gruppen to Dismantle Curlew FPSO

Jun 15, 2020

Oil company Shell has awarded Norway's AF Gruppen a contract for the dismantling and recycling of the Curlew FPSO.The Curlew is an FPSO which was deployed at the Curlew field in the UK North Sea in 1997, approximately 210km east of the Aberdeenshire coastline…

Worley Nets London Array Offshore Wind Farm Work

Jun 15, 2020

Offshore wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has awarded Australian engineering firm Worley a contract for statutory inspections and general maintenance of wind-turbine-generator cranes and lifts across all turbines on the London Array offshore wind farm…

Helicopter Operator NHV Clinches 5-Year Deal with Ithaca Energy

Jun 15, 2020

Belgium-based offshore helicopter provider NHV Group has signed a five-year contract extension with North Sea-focused oil company Ithaca Energy.The contract is for the provision of aviation services to the Ithaca Energy Group’s operated FPF-1 installation…

Bulgaria: Repsol Transfers Offshore Block Rights to Total, OMV

Jun 15, 2020

Bulgaria has granted Spain's Repsol permission to transfer 30% of the rights to explore a block off its Black Sea coastline for gas and oil to the other two rights holders.After the transfer, a unit of French oil company Total would hold 57…

Scotland Unveils $78 Mln Fund to Support Energy Sector

Jun 12, 2020

The Scottish government said on Friday it has set up a 62 million pound ($78 million) fund to help the energy industry recover from the impacts of the coronavirus crisis and the collapse in oil and gas prices.The energy transition fund will…

Norway Opens Two Areas for Offshore Wind in the North Sea

Jun 12, 2020

Norway has opened two areas for offshore wind power developments in the North Sea, including one along its maritime border with Denmark, the energy ministry said on Friday.Western Europe's largest oil and gas producer generates most of its electricity from hydropower and normally has a surplus…

Saitec, BiMEP to Test Floating Wind Foundation Off Spain

Jun 12, 2020

Saitec Offshore Technologies and the open sea test site Biscay Marine Energy Platform (BiMEP) have signed a contract to install Saitec's floating wind foundation off the coast of the Bilbao area in the North of Spain as part of the project named DemoSATH…

Seafox's Push to Appoint Directors to GMS Board Rejected

Jun 12, 2020

Dutch offshore jack-up company Seafox has had its push to appoint two directors to the board of the UAE-based jack-up provider Gulf Marine Services, rejected.Seafox, a shareholder at GMS, on Thursday said it had written to Gulf Marine Services…

Macquarie Teams Up with RIDG for ScotWind Leasing Round

Jun 12, 2020

Macquarie's Green Investment Group, a green infrastructure investor, has teamed up with a Scottish offshore wind developer to compete for offshore wind projects in Scotland, it said in a statement late on Thursday.Earlier this week, Crown Estate Scotland launched ScotWind…

Report: Shell Selling Norwegian Fields, Pipelines stakes

Jun 12, 2020

Royal Dutch Shell has launched the sale of its stakes in two oilfields and two pipelines in Norway, according to a sales document seen by Reuters.Shell is selling its 6.45% interest in the Kvitebjorn field and pipeline and its 3.225% interest in the Valemon Unit and Valemon Rich Gas Pipeline…

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