Offshore Europe News - page 287

 

PGNiG's Copernicus Well Offshore Norway Disappoints

Sep 15, 2022

Polish oil and gas company PGNiG has failed to unearth hydrocarbons at its Copernicus exploration well in the Norwegian Sea, Longboat Energy, a partner in the offshore license has informed.The company said that the Copernicus exploration well…

Gas Prices Lift Norway's August Trade Surplus to Record

Sep 15, 2022

Norway's trade surplus rose to a record 197.7 billion Norwegian crowns ($19.54 billion) in August, boosted by soaring prices for its gas exports to Europe, national statistics agency data showed on Thursday.With a daily output of around 4 million barrels of oil equivalent…

BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target

Sep 15, 2022

Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK…

Five-well Contract for Maersk Drilling's Jack-up Rig

Sep 15, 2022

Offshore drilling contractor Maersk Drilling and oil and gas company Petrogas E&P Netherlands have signed a five-well deal for the Maersk Resolute jack-up drilling rig.The duo has agreed to an amendment of the previously signed contract for the supply of the Maersk Resolute…

VIDEO: Loadout of TenneT's Hollandse Kust (North) Transformer Platform

Sep 14, 2022

From EQUANS' fabrication hall in Antwerp, Belgium, the topside for TenneT's Hollandse Kust (north) transformer platform was placed on a floating barge in the port on Monday. Following the load out, the steel structure weighing over 3,500 tons…

Iberdrola Sells 49% in German Offshore Wind Farm to EIP for 700M Euros

Sep 14, 2022

Spanish power company Iberdrola said on Wednesday it had agreed to sell to Swiss investment fund Energy Infrastructure Partners (EIP) a 49% stake in a German offshore wind farm for 700 million euros ($700 million). The sale of the Wikinger wind…

Shell, TotalEnergies, Equinor, Others Apply for Exploration Acreage Offshore Norway

Sep 14, 2022

The Norwegian Ministry of Petroleum and Energy said Tuesday it had received applications from 26 oil and gas companies in connection with APA (Awards in predefined areas) annual offshore acreage licensing rounds.Shell, Equinor, Inpex, TotalEnergies…

All Turbines Installed at France's First Commercial Offshore Wind Farm

Sep 13, 2022

Jan De Nul has completed the installation of 80 sets of 6 MW wind turbine generators (WTG) at Saint-Nazaire, France's first commercial offshore wind farm.The company said Tuesday it had completed the project 'significantly ahead of schedule…

Van Oord to Install Foundations for Polish Offshore Wind Farm

Sep 13, 2022

Dutch marine contractor Van Oord has confirmed it has been selected as the preferred contractor for the construction of the Baltic Power offshore wind farm, 23 kilometers north of the Polish coastline. Van Oord will transport and install more than 70 foundations…

Dry Wells in Norwegian North Sea for Equinor, ConocoPhillips

Sep 13, 2022

Oil and gas companies Equinor and ConocoPhillips have recently drilled dry wells in the North Sea, offshore Norway, targeting the Poseidon and Lamba prospects, respectively, according to the Norwegian Petroleum Directorate.Equinor, the operator of production licence 1104…

EU Eyes Levy on Fossil Fuel Firms to Help Consumers Survive Energy Crisis

Sep 13, 2022

Fossil fuel firms may have to share their excess profits to help European households and industries cope with red-hot energy bills, a draft European Union plan showed on Monday as the cost of the West's 'energy war' with Russia took a growing toll…

Tullow Oil to Delist from Euronext Dublin Bourse

Sep 13, 2022

Africa-focused Tullow Oil said on Monday it would exit Ireland's Euronext Dublin bourse on or around Oct. 10 to cut costs.'It is anticipated the delisting will simplify compliance and regulatory obligations of Tullow and is in line with an overall objective to reduce central costs and its purpose…

Russian Gas Flows to Europe Steady. Nord Stream 1 Pipeline Remains Shut

Sep 12, 2022

Natural gas flows from Russia to Europe along key routes were steady on Monday morning, while the Nord Stream 1 pipeline remained shut.Eastbound natural gas flows through the Yamal-Europe pipeline to Poland from Germany were steady.Exit flows…

Exmar Pens LNG Carrier Deal with Eni. Closes Tango FLNG Sale

Sep 12, 2022

Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…

New JIP to Find Floating Wind Storage for Celtic Sea

Sep 09, 2022

A new industry partnership is set to support the UK’s floating wind industry by identifying offshore storage areas for wind turbines awaiting installation in the Celtic Sea. The TS-Flow JIP, led by Offshore Solutions Group and delivered in partnership with HR Wallingford…

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