Offshore Europe News - page 297

 

Equinor, Partners to Invest $1.1 B in Further Development of Oseberg Field

Nov 26, 2021

Norwegian oil and gas company Equinor has with its partners, submitted an amended plan for development and operation (PDO)  to the minister of petroleum and energy Marte Mjøs Persen for the further development of the Oseberg field, with an increased focus on gas production…

First Steel Cut, Name Revealed for Seaway 7's WTIV

Nov 26, 2021

Seaway 7, a company specializing in offshore wind installation services, has informed that construction has started for its next-generation Wind Turbine Installation Vessel (WTIV) at the China Merchants Heavy Industry (CMHI) facility in Jiangsu…

Greece Teams up with Egypt on Gas Supply, Infrastructure

Nov 25, 2021

Greece and Egypt agreed on Thursday to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.Greece, which mainly imports gas from Algeria…

Portugal to Hold First Auction of Right to Install Floating Solar Panels

Nov 25, 2021

Portugal has launched its first auction for the right to install floating solar parks on the waters of seven of the country's dams, with a total production capacity of 263 megawatts.Floating panels are being tested around the world, and Portugal's…

Manifold Installed at Neptune-operated Seagull in the UK

Nov 25, 2021

Neptune Energy and its joint venture partners bp and JAPEX have completed the installation of the manifold and umbilical for the Seagull project in the U.K. Central North Sea.TechnipFMC, working under the Neptune Energy Alliance Agreement, undertook…

Wood Wins Contract for Turkey’s Largest Gas Reserve

Nov 25, 2021

Consulting and engineering firm Wood said it has been appointed by Turkish Petroleum (TP) as the integrated project management partner for the Sakarya Gas Field Development Project, located 150km off the coast of Turkey in the Black Sea.As Turkey’s largest gas reserve…

Lundin Energy Gets Drilling Permit for Norwegian Sea Wildcat

Nov 24, 2021

Swedish oil and gas company Lundin Energy has obtained a drilling permit for an offshore exploration well in the Norwegian Sea.The company will use Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig to drill the 6306/9-1 wildcat well in the production licence 886…

Lukoil Sees Oil Output Returning to Pre-Pandemic Levels in 2023

Nov 24, 2021

Lukoil, Russia's second-biggest oil producer, plans to produce 83 million to 84 million tonnes of oil a year in Russia over the next three years, with output returning to pre-pandemic levels in 2023, it said on Wednesday.The company, which earlier…

PGS Wins 4D Seismic Survey Gig in North Sea

Nov 24, 2021

Norwegian marine seismic data acquisition firm PGS has won a 4D survey contract in the North Sea.The company said Wednesday that a Ramform Titan-class vessel was scheduled to start the acquisition in early August of 2022 and complete it in mid-September…

U.S., Global Partners Challenge OPEC+ with Coordinated Release of Oil From Reserves

Nov 23, 2021

The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude…

Norway: Aibel Bags $560M Worth of Contracts with Equinor, Partners

Nov 23, 2021

Norwegian oil and gas company Equinor has, on behalf of the license partners in Krafla, Gina Krog, Asterix fields, and Gassco at Kårstø, signed contracts with engineering and construction firm Aibel worth around five billion Norwegian crowns (nearly $560 million)…

Denmark Signs Offshore Wind Power Link Deals with Germany and Belgium

Nov 23, 2021

Danish grid operator Energinet signed deals on Tuesday with Belgium's Elia and Germany's 50Hertz that move Denmark closer to building two sea links connecting its offshore wind turbines to Germany and Belgium to boost the flow of green energy in the region…

EU Drafts Plan to Cut Methane Emissions from Oil and Gas Industry

Nov 23, 2021

The EU has drafted legislation to reduce methane emissions by forcing oil and gas companies to report their output and find and fix leaks of the gas that is the second-biggest cause of climate change, according to a draft seen by Reuters on Monday…

IKM Elektro to Maintain Electrical Equipment on Vår Energi's Offshore Platforms

Nov 23, 2021

Norwegian offshore oil and gas producer Vår Energi has signed an agreement with IKM Elektro for support to all its operated facilities on the Norwegian continental shelf (NCS). IKM Elektro will be responsible for inspection, service, and maintenance of electrical equipment and rotating machines…

Havfram, J.P. Morgan to Order 'Series' of Wind Turbine Installation Vessels

Nov 23, 2021

Institutional investors advised by J.P. Morgan Global Alternatives, in cooperation with Norwegian offshore services firm Havfram, have signed a letter of intent with China's CIMC-Raffles to build 'a series of next-generation, state-of-the-art wind turbine installation vessels (“WTIV”)…

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