Offshore Europe News - page 6

UK Oil and Gas Producers Call for More Investment to Ease Energy Crunch

Sep 07, 2022

Britain’s oil and gas industry body called for new drilling licenses in the North Sea and rapid investment in the sector to mitigate the impact of high prices on consumers as the country grapples with the worst energy crisis in decades.The incoming…

Bristow Tallies Multi-year SAR Contract from Equinor

Sep 07, 2022

Offshore helicopter firm Bristow Group announced an award from energy company Equinor to provide search and rescue services offshore at the Johan Sverdrup and Statfjord B platforms, located in the Norwegian North Sea off the west coast of Norway…

New UK PM Truss Wants More North Sea Production

Sep 07, 2022

Britain's new prime minister, Liz Truss, said on Wednesday she wanted to see more extraction of oil and gas from the North Sea and more investment in nuclear power.Speaking at her first prime minister's question time in parliament, Truss said…

Vestdavit Develops Innovative Davit for Esvagt SOV Newbuild

Sep 06, 2022

Vestdavit has developed an innovative heavy-duty davit for larger offshore wind workboats to be delivered for a green-fueled service operation vessel (SOV) newbuild as part of a multiple davit contract with Esvagt.Danish shipowner Esvagt earlier…

Could Green Ammonia Floaters Be Deployed at Offshore Wind Farms?

Sep 06, 2022

Companies in the renewables energy business have set out to determine whether a green ammonia floating production vessel can be deployed on certain offshore wind locations.Norway-based H2Carrier AS, developer of the unique P2XFloater concept…

EnQuest Calls on UK Government to Incentivize Investment in North Sea Oil

Sep 06, 2022

EnQuest urged Britain under new premier Liz Truss to offer investment incentives to North Sea oil and gas companies in order to help the country secure its domestic energy supplies.Amjad Bseisu, CEO of the North Sea-focused oil producer, said…

Gazprom: Off-line Nord Stream Compressor Station Now Deemed Hazardous

Sep 05, 2022

Russian gas giant Gazprom said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed to push gas towards Germany through the Nord Steam 1 pipeline, no longer complied with safety requirements…

Kremlin Blames Europe for Nord Stream 1 Halt, Saying Sanctions Hamper Maintenance

Sep 05, 2022

The Kremlin blamed European politicians on Sunday for keeping shut the Nord Stream 1, one of its main gas supply routes, saying their economic sanctions on Russia had hindered Gazprom's maintenance of the pipeline.State-controlled Gazprom announced…

Euro Hits 20-year Low on Russian Nord Stream Gas Pipeline Halt

Sep 05, 2022

The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday as Russia's halt on gas supply down its main pipeline to Europe sparked concerns over energy prices and growth.The euro slid to $0…

Russia Scraps Nord Stream Gas Pipeline Reopening, Stoking European Fuel Fears

Sep 03, 2022

Nord Stream flows halted for three days this weekDeliveries were due to resume on Saturday at 0100 GMTRussia blames sanctions for pipeline disruptionsBrussels says Moscow using gas as economic weaponRussia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany…

Germany Charters Fifth FSRU

Sep 02, 2022

U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany…

Equinor Completes Russia Exit

Sep 02, 2022

Equinor has completed its exit from Russia, the Norwegian energy group said on Friday, delivering on a promise made after Russia's invasion of Ukraine in February.This marks the first full, orderly exit from Russia by an international oil and gas company as pressure to leave mounts on others…

Russian Lawmaker Urges Europe to Revive Nord Stream 2 to Solve Energy Crisis

Sep 02, 2022

Europe could solve its energy crisis by scrapping sanctions against Russia and launching the mothballed Nord Stream 2 gas pipeline, the speaker of Russia's lower house of parliament said on Friday. Germany halted the Nord Stream 2 Baltic Sea gas pipeline project on Feb…

Veslefrikk B Platform Arrives to M.A.R.S Yard for Recycling

Sep 02, 2022

Modern American Recycling Services Europe (M.A.R.S.) said Friday that Equinor's Veslefrikk B platform had arrived in the Port of Frederikshavn, where it will be recycled.The Veslefrikk B arrived at the M.A.R.S quayside on Wednesday, August 31…

Shell's CEO Ben van Beurden Prepares to Step Down Next Year

Sep 02, 2022

Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.During his tenure, van Beurden…

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