Offshore Energy News - page 2

 

Partners Press Ahead with Development of Venus Discovery Offshore Equatorial Guinea

Mar 21, 2023

Atlas Petroleum International Limited said Tuesday it would, with its partners VAALCO, and GEPetrol, proceed with the development of the Venus discovery in Block P, Equatorial Guinea.This positive result follows the 8 March 2023 Plan of Development…

UTROV System Chosen Boulder & Debris Clearance at Moray West Offshore Wind Farm

Mar 21, 2023

Scotland-based Utility ROV Services has won a contract for boulder and debris clearance services on the Moray West offshore wind farm in the UK.The manufacturer/operator of the UTROV system will start offshore operations in Q1 2023. The offshore wind farm located in the Moray Firth…

Norway's Oil and Gas Output Lag Forecasts in February

Mar 21, 2023

Norway's crude oil output grew slightly in February from January but lagged an official forecast, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output was 1.78 million barrels per day (bpd) against 1…

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

Mar 21, 2023

Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with infrastructure at its Wassana oil field, offshore Thailand.According to Valeura Energy…

Ørsted Taps Havfram Wind for Hornsea 3 Offshore Wind Farm Turbine Installation

Mar 21, 2023

Denmark-based offshore wind farm developer Ørsted has hired Havfram Wind to install wind turbines at its Hornsea 3 offshore wind farm in the UK.The installation of the turbines is expected to start in the autumn of 2026, with Havfram Wind set…

Brigg Vind: New Offshore Wind Company Launched in Norway

Mar 21, 2023

Norwegian renewable energy developers Vårgrønn and Å Energi and global offshore wind specialist Corio Generation, on Tuesday launched a new Norwegian offshore wind company called the Brigg Vind, dedicated to developing sustainable offshore wind in Norway…

UK Union Calls Off Strike at BP North Sea Platforms as Pay Deal Secured

Mar 21, 2023

Offshore workers employed by Sparrows Offshore Services on BP’s North Sea installations have called off the strike action after securing an extra three weeks paid leave on BP assets, British union Unite said on Tuesday. The strike involved almost 50 workers at BP's Andrew…

Serica Energy's Acquisition of Tailwind Energy Set to Complete

Mar 21, 2023

Oil and gas company Serica Energy said Tuesday that the conditions precedent in relation to its proposed acquisition of Tailwind Energy from Tailwind Energy Holdings LLP had been satisfied, save for the condition precedent relating to the Admission of the Completion Consideration Shares…

Aker BP Accedes Nine of Ten Offshore Field Plans, as Troldhaugen Project Discontinued

Mar 21, 2023

Norwegian oil and gas company Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, apart from for one. The Troldhaugen project in the Edvard Grieg area…

TWP Reveals Names for Two 1GW Offshore Wind Farms in Scotland

Mar 20, 2023

Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, on Monday revealed the final names for its two offshore wind project secured in the ScotWind seabed lease round.The 1GW Bowdun offshore wind farm will be located off the coast of Stonehaven…

Wagenborg to Transport 107 Foundations for Ørsted's Offshore Wind Farms

Mar 20, 2023

Wagenborg Towage confirmed Monday that Jan De Nul had awarded it a contract for transporting 107 monopile foundations for Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany to Eemshaven. Assisted by the tug ‘waterlines’, the first…

Netherlands to Build 500MW Offshore Green Hydrogen Facility

Mar 20, 2023

The Dutch government on Monday said it aimed to build a large production facility to convert wind power into hydrogen in the North Sea.The facility will have the capacity to produce 500 megawatt (MW) of green hydrogen per year and is expected to become operational in 2031…

In Case Affecting Oil, Norway Supreme Court Says EU Ships Cannot Fish Arctic Snow Crab

Mar 20, 2023

OSLO, March 20 (Reuters) - Norway's Supreme Court ruled on Monday that EU ships cannot fish for snow crab off the Svalbard archipelago in the Arctic in a case also deciding who has the right to explore for oil and minerals in the region.At stake…

Equinor to Sell 28% Stake in Statfjord Area to OKEA for $220M

Mar 20, 2023

Norwegian oil and gas company OKEA  has agreed to acquire a 28% stake in offshore block PL037, in Statfjord Area, offshore Norway, from Equinor for an initial fixed consideration of $220 million.The Statfjord Area comprises the Statfjord Unit…

Lukoil-backed Congo Project to Start Producing LNG in December

Mar 20, 2023

A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…

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