Offshore Europe News - page 203

 

EDF Renewables, Jan De Nul, and Luminus Join Forces for Belgium Offshore Wind Tender

Mar 07, 2023

EDF Renewables, Jan De Nul Group, and Luminus have teamed up to bid for a commercial-scale offshore wind tender for the first phase of the Princess Elisabeth Zone in Belgium.The Princess Elisabeth Zone is an area identified by the federal government…

Britain's Wood Group Considers Rejecting Latest Buyout Proposal from Apollo Global

Mar 07, 2023

John Wood Group said on Tuesday it was considering rejecting the latest buyout proposal from private-equity firm Apollo Global Management Inc, citing that the offer undervalued the British oilfield services and engineering company. The proposal by Apollo on March 6…

Solstad Offshore to Exit Platform Supply Vessel Business. Agrees to Sell 37 Vessels to Tidewater

Mar 07, 2023

Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million.The sale will mark Solstad Offshore's exit from the platform supply vessel sector. Ongoing PSV charter parties will be transferred to Tidewater…

Norway: Equinor, Partners to Relinquish Offshore Block Containing Oil Find. Longboat to Reapply for the Acreage

Mar 06, 2023

Oil and gas companies Equinor, PGNiG, and Longboat Energy have relinquished the license in Norway containing the Egyptian Vulture offshore oil discovery, but Longboat plans to re-apply for the acreage as it believes the discovery has high potential…

Denmark Resumes Review of Two Suspended Offshore Wind Farm Applications

Mar 06, 2023

Denmark has resumed its review of two of the 33 offshore wind farm applications it suspended last month over worries of breaching European Union state aid rules, the Energy Agency said on Friday.Denmark, which aims for a fivefold increase in offshore wind power capacity by 2030…

Hobson & Porter to Extend RWE's Grimsby Hub Offshore Wind Base

Mar 03, 2023

German renewable energy firm RWE has appointed Humber-based firm Hobson & Porter to complete the construction of its new offshore wind operations and maintenance facility known as the Grimsby Hub. The contract includes an extension to the existing…

Offshore Crews to Strike on BP's North Sea Platforms, Union Says

Mar 03, 2023

Nearly 50 offshore crane operators, crane maintainers, lifting personnel, and deck crew working on BP’s offshore platforms in the UK North Sea have backed a strike action over pay, workers' union Unite said Friday.According to Unite workers…

Prysmian Bags €1.8B Order to Connect Dutch Offshore Wind Farms

Mar 03, 2023

Energy and telecom cable firm Prysmian Group has secured contracts worth approximately €1.8 billion (currently around $1.9 billion) in total with the Dutch transmission system operator TenneT for the two grid connection projects IJmuiden Ver…

Subsea Power Link Between Spain and France to Go Ahead Despite Cost Increase

Mar 03, 2023

France and Spain announced a breakthrough on Thursday in a long-running impasse over what would be their first undersea electricity link.Spanish competition watchdog CNMC and French energy regulator CRE gave the go-ahead to a new cost-sharing…

Aker BP's Exploration Well in North Sea Proves Dry

Mar 02, 2023

The Norwegian oil and gas company Aker BP has drilled a dry well in the production license 1141, in the North Sea, offshore Norway.The exploration well 16/1-35 S was drilled about 6.5 kilometers west of the Edvard Grieg field in the central part of the North Sea and 208 kilometers west of Sandnes…

Sparrows to Reenter North Sea Drilling Services

Mar 01, 2023

Engineering and maintenance services firm Sparrows Group said it is expanding its service roster in the North Sea as it looks to replicate its drilling services success in the Middle East and Asia.Sparrows, which had previously offered drilling services in the UK and Europe…

Equinor Nears $1 Billion Deal to Buy Suncor's UK Oilfields

Mar 01, 2023

Norway's Equinor is close to reaching a deal to buy Suncor Energy's British North Sea oil and gas assets for around $1 billion, three sources familiar with the matter told Reuters on Wednesday.The deal includes Suncor's 40% stake in the Equinor-operated offshore Rosebank oil and gas project…

Saipem Aims to Raise €750 Million from Asset Sales

Feb 28, 2023

Italian energy services group Saipem aims to raise about 750 million euros ($796 million) from the partial sale of assets in its drilling business, CEO Alessandro Puliti said on Tuesday, citing shallow water vessels in particular.Saipem, in…

Vestas to Supply 15MW Turbines for 1.6 GW Offshore Wind Farm Cluster in Germany

Feb 28, 2023

RWE and Northland Power have selected wind turbine maker Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea.A minimum of 104 15 MW Vestas offshore wind turbines (Type: V236-15…

Spain to Announce Offshore Wind Tenders This Year

Feb 28, 2023

Prime Minister Pedro Sanchez's cabinet approved a decree that allows for the development of offshore wind parks on 5,000 square km of maritime territory in 19 blocs, Energy Minister Teresa Ribera said at a press conference. With about 1 million square km of waters…

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