Offshore Europe News - page 456

 

DOF Vessel to Work for Dutch Navy

Feb 18, 2020

Article updated to add more info on the scope of workOffshore vessel supplier DOF Subsea has found work for its Geosea vessel outside of the offshore energy sector.The 84.8 meters long vessel has been awarded a contract with N-Sea, with the end client being the Royal Netherlands Navy…

Report: Crane Boom Falls on North Sea Jack-Up Rig

Feb 17, 2020

A crane boom reportedly collapsed Friday morning aboard the Valaris 120 jack-up drilling rig in the UK North Sea, luckily causing no harm to the crew.A rig workers' community page on Facebook called The Rig Worker's Rant released a photo apparently…

Stril Pioner PSV in 8-Month Charter with Equinor

Feb 17, 2020

Norwegian energy company Equnor has extended the charter deal for the Stril Pioner platform supply vessel.The LNG-powered PSV owned by Norway's Simon Mokster will start the contract in direct continuation of the current contract.As with other…

North Sea Oil Worker Tests Negative for Coronavirus

Feb 17, 2020

A North Sea oil worker who had developed what were believed to be new coronavirus symptoms has tested negative.The worker, a crewmember on Taqa’s Tern Alpha platform, was reported to have had “minor symptoms after returning recently from holiday in Thailand…

Borr in New Financing Deal for Newbuild Jack-Up Rig

Feb 17, 2020

Jack-up rig operator Borr Drilling has entered into a new financing arrangement for the newbuild jack-up rig Tivar.The drilling rig of the KFELS Super B Bigfoot Class is under construction at KFELS shipyard in Singapore and set for delivery in July 2020…

Endur Energy Solutions Goes Bankrupt

Feb 14, 2020

Stavanger-based offshore services provider Endur Energy Solutions, a subsidiary of Endur, will file for bankruptcy, on the back of weak results.The parent company Endur in the fourth quarter of 2019 reported a total turnover of NOK 122 million…

Norway: Oil Regulator Recovers Swindled Cash

Feb 14, 2020

The Norwegian offshore oil and gas regulator Norwegian Petroleum Directorate (NPD) has managed to recover the money lost in a payment fraud last year.NPD was in November of last year the target of a payment fraud amounting to 17.6 million kroner…

Italian Court Asks EU to Rule in Oil & Gas Permits Dispute

Feb 14, 2020

A top Italian administrative court has asked the EU Court of Justice to rule on legislation over the size of oil and gas exploration concessions in Italy in a move that could lead to some companies being stripped of permits.Italian law currently…

Several Firms Show Interest in Barryroe, Providence Says

Feb 13, 2020

Ireland-focused oil company Providence Resources is on the lookout for a new farm-in partner for its Barryroe field following a botched farm-in saga with China's APEC.Providence said Thursday that its subsidiary Exola DAC, which is the operator…

Rystad: 2020 Biggest Year for Offshore Wind Jackets

Feb 13, 2020

The global offshore wind farms (OWF) that are set for start-up this year will make 2020 the year with the highest ever use of steel jacket foundations for new developments, Norwegian energy intelligence firm Rystad Energy said in a report on Thursday…

Norway: 20 Suppliers Bundled into New Company

Feb 13, 2020

North Sea private equity player, Hitecvision — the firm behind the rise of well-known E&P players and suppliers — has decided to bundle 20 of its oilfield suppliers into a well-capitalized industrial group with other-than-offshore aims.Hitec said the offshore suppliers would live on in a new…

Another Delay for Yme Field Start-Up

Feb 13, 2020

The start of production at Repsol's Yme oilfield, the group's largest project off Norway, will be delayed until the second half of 2020 as preparations take longer than expected, the Spanish energy firm confirmed on Thursday. Repsol, which holds…

Several New Deals for Reach Subsea

Feb 13, 2020

Norwegian offshore IMR specialist Reach Subsea has said it been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 200 project days.The projects, with undisclosed clients, involve both inspection…

Equinor Charters PSV Duo from Eidesvik, Havila

Feb 13, 2020

Norwegian energy company Equinor has chartered two platform supply vessels from compatriot offshore vessel owners Eidesvik Offshore and Havila.Eidesvik Offshore has secured an eight-month charter for its platform supply vessel Viking Queen.Eidesvik…

Prosafe, Floatel Merger Falls Through

Feb 13, 2020

Offshore accommodation rig providers Floatel and Prosafe have called off their proposed merger amid objections from competition regulators in Norway and the UK.The all-stock merger, proposed in June 2019, had promised to create the world’s largest offshore accommodation company with…

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