Offshore Europe News - page 224

 

RWE Selects Offshore Construction Base for Giant Offshore Wind Project in the UK

Dec 21, 2022

German renewable energy firm RWE has selected Port of Blyth as offshore construction base for its 1.4 GW Sofia Offshore Wind Farm, one of the world’s largest offshore wind projects.'Commissioned in December 2000, Blyth was home to the UK’s first offshore wind turbine pilot project…

ADNOC to Buys 24.9% Stake in Austria's OMV from Mubadala

Dec 21, 2022

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 24.9% shareholding in Austrian oil and gas group OMV from Abu Dhabi state fund Mubadala Investment Company, the two companies said on Wednesday. Upon closing of the transaction,…

Allseas Wins Work on One of the 'Heaviest Offshore Installation Projects in History'

Dec 20, 2022

Offshore installation company Allseas will transport and install a new processing platform topside facility with well area and living quarters (NOA PdQ) in the NOAKA area development operated by Aker BP in the Norwegian North Sea.The contract…

Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea

Dec 20, 2022

Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…

Norway's November Oil and Gas Production Falls Short of Expectations

Dec 20, 2022

Norway's crude oil and gas output fell in November from the previous month, lagging official forecasts, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. Crude oil output fell to 1.74 million barrels per day (bpd) in November…

Vattenfall to Build 1.3GW Offshore Wind Farm in Finland

Dec 20, 2022

Vattenfall and Metsähallitus have joined forces to build and run Finland's first major offshore wind farm. The project will be built at Korsnäs, off the west coast of Finland. It will have a capacity of 1.3 GW and could produce 5 TWh per year…

Seajacks Lines Up Transport & Install Work for WTIV Nessie

Dec 19, 2022

Eneti announced on Monday that its subsidiary Seajacks UK has signed a contract with an undisclosed client to transport and install offshore wind turbines for a project commencing in the first half of 2025.The contract will be performed by the…

DNO Buys 10% Stake in Berling Offshore Project. PDO Planned by Year End. Brasse Plans Delayed

Dec 19, 2022

The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…

UK Regulator Fines Three North Sea Oil Firms for Excessive Flaring, Production

Dec 19, 2022

The UK offshore energy regulator, the North Sea Transition Authority (NSTA), has fined oil companies EnQuest, Equinor, and Spirit Energy a total of £265,000 (currently around $323,533) for 'behavior that risks the industry’s drive to cut emissions and bolster the UK’s energy security…

Aibel Wins $706M Deal to Build Unmanned Offshore Platform 'Of the future'

Dec 16, 2022

Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…

Floatel to Support Aker BP's NOA, Krafla Topside Projects with Two Rigs

Dec 16, 2022

Offshore accommodation company Floatel International has been awarded a contract by Aker BP ASA for two simultaneous projects in the Norwegian sector of the North Sea, where two accommodation support vessels will be required. The contracts follow…

Aker BP to Boost Oil and Gas Reserves via Exploration, M&A

Dec 16, 2022

Norwegian oil and gas group Aker BP will use exploration, mergers, and acquisitions to rebuild its base of untapped resources after Friday's record investment decision, the company's chief executive told Reuters.Aker BP and its partners announced…

Norway: Aker BP, Partners to Spend $20.5B on New Offshore Oil and Gas Projects

Dec 16, 2022

Norwegian oil firm Aker BP and its partners will invest more than 200 billion crowns ($20.5 billion) to develop several oil and gas fields off Norway in the coming years, the company said on Friday. Aker BP and other oil firms working off Norway…

Höegh Esperanza, FSRU for Germany's First LNG Terminal Reaches Wilhelmshaven

Dec 15, 2022

The Höegh Esperanza floating storage and regasification unit (FSRU), for Germany's first LNG terminal, has arrived in Wilhelmshaven, Germany, Uniper has informed.'The arrival of the FSRU marks an important milestone shortly before the opening of Germany's first LNG terminal on December 17…

Norway's Giant Offshore Oil Field Fully Developed

Dec 15, 2022

The Norwegian oil and gas company Equinor has brought online the second phase of the giant Johan Sverdrup oil field in the North Sea, off Norway. Production started at 11:15 a.m. local time, on Wednesday, December 15.At plateau, the Johan Sverdrup field will produce 720…

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