Offshore Europe News - page 357

 

Danish Offshore Wind Farm Hits 10,000,000,000 kWh Milestone

Feb 05, 2021

Production from the Horns Rev 2 offshore wind farm in Denmark topped the enormous figure of 10 billion kWh, on Thursday, February 4, offshore wind firm Ørsted has informed.'Since HRH The Crown Prince inaugurated Ørsted's offshore wind farm Horns Rev 2 in 2009…

Equinor Makes Oil and Gas Find in North Sea, Off Norway

Feb 05, 2021

Norwegian oil firm Equinor has made an oil and gas discovery near the Troll field in the North Sea, offshore Norway.Equinor said Friday that the recoverable resources are estimated at between 7 and 11 million standard cubic meters of oil equivalent…

Norway's Aker BP Eyeing Foreign Oil Assets. Brazil is Interesting, CEO Says

Feb 04, 2021

Norway's Aker BP could expand its oil and gas business to other countries if it comes across competitive opportunities abroad, its chief executive told Reuters on Thursday.Any move to invest outside its native Norway would be a change of strategy for Aker BP…

U.S. to Monitor Nord Stream 2 Pipeline Activity, State Dept. Says

Feb 04, 2021

The United States will monitor activity to complete or certify the Nord Stream 2 pipeline intended to transport Russian natural gas to Europe and, if such activity takes place, will make a determination on sanctions, the U.S. State Department spokesman said on Wednesday…

Denmark to Build Giant Wind Energy Hub In the North Sea

Feb 04, 2021

Denmark has reached a deal on the construction of the first of its kind wind energy hub in the North Sea that promises to produce yet unseen amounts of green electricity, in what has been described as the largest construction project in Danish history…

Solstad Offshore Sells Three Platform Supply Vessels

Feb 04, 2021

Norwegian offshore vessel owner Solstad Offshore has sold three platform supply vessels.The vessels, sold by Solstad's Deep Sea Supply Shipowning AS and Deep Sea Supply Shipowning I AS subsidiaries, are the Sea Angler built in 2007, the Sea Bass built in 2008…

R&M Engineering Names New Managing Director

Feb 04, 2021

Scottish offshore engineering and construction company R&M Engineering (R&M) has appointed Colin Maver as Managing Director.'Mr. Maver was Group Director of Dron & Dickson for 16 years, gaining extensive market experience in UK, Brazil, and UAE…

Norway: Aker BP to Increase Oil Output by 70% by 2028

Feb 04, 2021

Norway's Aker BP will raise output by 70% by 2028 to more than 350,000 barrels of oil equivalent per day (boepd), the independent oil and gas firm said on Thursday, sharply lifting its investment target.Capital spending will increase to $2.2 billion-$2…

UK: EnQuest to Buy Suncor's Golden Eagle Area Interest for Up to $375M

Feb 04, 2021

UK-based oil company EnQuest has agreed to buy Canadian oil firm Suncor's entire 26.69% non-operated equity interest in the Golden Eagle area in the UK North Sea.The area, operated by China's CNOOC, comprises the producing Golden Eagle, Peregrine…

No Need for Mothership: Kongsberg Launches HUGIN Endurance AUV

Feb 04, 2021

Norway's Kongsberg Maritime has announced the next generation of its HUGIN Autonomous Underwater Vehicle (AUV) that can carry out long missions without a mothership.Named HUGIN Endurance, Kongsberg Maritime says its new AUV boosts operational duration to approximately 15 days…

Nord Stream 2 Pipeline: 'We won't meddle in Germany's energy choices,' French FM says

Feb 03, 2021

France will not put pressure on Germany about its plans for the Nord Stream 2 pipeline to pump more Russian gas to Europe, Foreign Minister Jean-Yves Le Drian said on Wednesday.A junior French minister said this week that Europe should consider…

Vallourec Reaches Financial Restructuring Deal with Creditors

Feb 03, 2021

French steel pipemaker Vallourec said on Wednesday it has reached an agreement in principle on financial restructuring with its main creditors.It has filed a request with the commercial court of Nanterre, in greater Paris, for the opening of safeguard proceedings…

Offshore Wind Firm Ørsted's CEO Optimistic Biden Will Speed Up Permitting

Feb 03, 2021

Energy group Ørsted expects previously delayed U.S. wind farm projects to receive swifter approval under President Joe Biden's administration, the new chief executive of the Danish energy group said on Wednesday.Mads Nipper, who took the helm of the company in January…

Green(er) Rigs: NOV, Kongsberg, COSL Team Up to Cut Offshore Drilling Emissions, Cost

Feb 03, 2021

Offshore drilling contractor COSL Drilling has partnered up with maritime tech provider Kongsberg Maritime, and drilling equipment firm NOV, to cut greenhouse emissions and lower the cost of its offshore drilling operations.COSL’s project, called ‘Energy Control’…

Stena Drilling, dCarbonX in "Decarbonization Exploration" Pact

Feb 03, 2021

Offshore drilling contractor Stena Drilling has signed a strategic framework agreement with dCarbonX, for what has been described as 'decarbonization exploration,' in the UK to support the development of offshore geoenergy resources.Stena Drilling…

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