Offshore Europe News - page 395

 

VIDEO: Pioneering Spirit Brings Ninian Northern Topside to Lerwick

Aug 31, 2020

Pioneering Spirit, one of the world's largest vessels, reached Lerwick Harbour on Friday, August 28, carrying aboard the 14,200 tonne Ninian Northern Platform topside.Prior to the arrival in Lerwick, the giant catamaran had removed the Ninian…

Principle Power Joins DeepWind Cluster

Aug 31, 2020

Principle Power, the developer of WindFloat - a floating wind turbine foundation - will join the DeepWind, a Scottish supply chain cluster, described as the largest offshore wind representative body in Scotland with over 400 members.According to the DeepWind cluster's website info…

Neptune Energy Extends Deepsea Yantai Rig Contract to Late 2021

Aug 31, 2020

Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible offshore drilling rig.The rig, owned by China's CIMC and managed by the Norwegian drilling contractor Odfjell Drilling, was recently used to…

Dana Petroleum Names New CEO

Aug 31, 2020

Dana Petroleum, a North Sea-focused subsidiary of South Korea's KNOC, has appointed Jongwoo Kim as its new CEO.Kim joins Dana Petroleum from its parent company Korea National Oil Corporation.Jongwoo succeeds the previous CEO Yongwoo Kang who…

Akastor Assumes Full Control over DOF Deepwater and Its 5 Vessels

Aug 28, 2020

Norwegian oil services investment firm Akastor will take full ownership of DOF Deepwater, a joint venture with company DOF, as part of the debt restructuring agreement with the JV's lenders.  DOF Deepwater operates five mid-sized AHTS vesselsAs…

World's First: Drone Brings Cargo to Offshore Production Platform

Aug 28, 2020

Norwegian oil company Equinor has successfully sent a drone carrying a 3D-printed cargo from shore to an offshore production platform in the North Sea in what the company says is a world's first.In a flight spanning around 80 kilometers from…

NATO Seeks to Avoid Accidents in East Med Dispute

Aug 27, 2020

NATO is looking at ways to avoid accidental clashes in the Eastern Mediterranean while supporting German diplomatic efforts to defuse the worsening dispute over energy resources there, the alliance’s chief said on Thursday.NATO Secretary-General…

Equinor Axing Jobs in US, Canada and UK

Aug 26, 2020

Norwegian oil and gas firm Equinor is set to cut jobs significantly in the United States, Canada and Britain to adjust to a fall in oil prices, a company spokesman said on Wednesday.The group plans to cut employee numbers in those countries…

Encouraged by TPAO's Giant Gas Find, Trillion Energy to Drill Deeper at Black Sea Field

Aug 26, 2020

Black Sea-focused oil and gas company Trillion Energy has said it will drill deeper wells at its SASB gas field, encouraged by the recently announced giant deepwater gas find by the Turkish national oil and gas company TPAO, some 100 kilometers to the north…

New Owners Take Over Polar King IMR Vessel

Aug 26, 2020

Oslo-listed offshore vessel owner GC Rieber Shipping said Tuesday it had delivered the Polar King inspection, maintenance, and repair vessel to its new owners.The delivery to new owners, who are yet to be named, comes following last week's announcement…

Floatel Sees No Improvement in Offshore Accommodation Market Before 2022

Aug 25, 2020

Cash strapped offshore accommodation provider Floatel expects a prolonged downturn in the offshore accommodation market, with no significant improvements expected before 2022.The company, which operates five semi-submersible accommodation rigs…

Equinor Signs Lease Agreements for Norfolk Coast Wind Farm Extensions

Aug 25, 2020

Norway's Equinor has signed lease extensions for two offshore wind farms in the UK, the Sheringham Shoal and the Dudgeon, securing an area of seabed of approximately 196 km2 in total to further develop existing wind farm areas, with the aim to double the area's electricity generation capacity…

Seadrill Shareholders Could be Left with Nothing

Aug 25, 2020

Offshore drilling rig contractor Seadrill's ongoing attempt to restructure its massive debt could leave current shareholders with minimal or no ownership at all, the Oslo-listed company said on Tuesday.Demand for exploration and drilling has…

Norway: Unions, Employers Agree Wage Deal, Averting Strike

Aug 24, 2020

Norwegian workers reached a deal with employers on Friday over wages at shipyards and a wide range of other manufacturing industries, averting the outbreak of a major labor dispute, the largest union of the private sector said.Some 28,000 workers…

OGA: Offshore Platform Electrification Vital For 2050 Net Zero Emissions Goal

Aug 24, 2020

The UK oil and gas regulator Oil and Gas Authority (OGA) last week hosted the first of a series of workshops on offshore oil and gas platform electrification aimed at reducing greenhouse gas emissions, a step dubbed vital in helping the UK reach the net-zero target by 2050…

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