Offshore Europe News - page 477

 

Seaway 7 to Install Cables at Hornsea Two

Jul 24, 2019

Seaway 7 has won a contract from Ørsted's Optimus Wind to install the entire inner array grid cable system for the Hornsea Two offshore wind farm project in the UK sector of the North Sea.Seaway 7 parent company Subsea 7 said the contract is worth between $50 million and $150 million…

Talon Grows North Sea Portfolio

Jul 23, 2019

Australia-based Talon Petroleum said it has been notified by the UK Oil and Gas Authority of its successful joint bid alongside the Netherlands-based partner ONE-Dyas for a licence over Block 14/30b via the UK 31st Supplementary Offshore Licensing Round…

Aibel Delivers Second Dvalin Module

Jul 23, 2019

After two and a half years of work, the M40 module for the Wintershall DEA operated Dvalin project offshore Norway is now ready for delivery and sail away, makred by a July 18 ceremony outside the North Sea Hall at Aibel’s yard in Haugesund…

Stena Don Refit Completed

Jul 23, 2019

ACO Marine said a new wastewater treatment plant supplied to Damen Verolme Rotterdam has been installed and commissioned on the Stena operated semi-submersible Stena Don.The drilling rig’s existing wastewater treatment plant was heavily corroded and non-compliant with regulation MEPC 227(64)…

Aker BP Finds Oil in Liatårnet Wildcat

Jul 23, 2019

Aker BP has made an oil discovery in an area nicknamed NOAKA near the Alvheim field in the central part of the North Sea, the Norwegian Petroleum Directorate confirmed on Tuesday.Aker BP, operator of production licence 442, had announced the discovery earlier in July…

EU-Funded ELICAN Project Cuts 35% of Costs

Jul 23, 2019

The EU-funded ELICAN project's 5 MW prototype, which has been installed in the Canary Islands, has become the first self-installing, bottom-fixed offshore wind turbine to be commissioned in the world with full independence of costly heavy-lift vessels…

TechnipFMC Bags Seagull iEPCI Award

Jul 22, 2019

TechnipFMC announced on Monday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Neptune Energy for the Seagull project, located in the UK North Sea.The contract, which is said to be worth $75 million-$250 million…

Eastern Med Heats Up

Jul 22, 2019

Suppliers hoping to tap the fast-warming Eastern Mediterranean energy market need look no further than the consortia submitting bids on 12 of 19 exploration blocks offshore Israel.With gas-supply deals in place with Egypt, Jordan, Greece and domestic Israeli producers…

OGA Revises Stewardship Expectations

Jul 22, 2019

The UK’s Oil & Gas Authority (OGA) said it has updated its stewardship expectations to promote industry good practice and support maximum economic recovery (MER).The set of 10 stewardship expectations have been designed to apply across the entire exploration and production lifecycle…

Saipem Tallies $160 Mln Drilling Contracts

Jul 22, 2019

Italian based offshore services company Saipem said it has netted new offshore drilling contracts in Romania and Abu Dhabi worth over $160 million combined.Under one of the contract awards, Saipem will drill a well in Romania’s Black Sea waters using the semi-submersible rig Scarabeo 9…

Crown Estate Readies for Offshore Wind Auction

Jul 22, 2019

The seabed landlord Crown Estate  has presented a revised tender design for offshore wind leasing round 4 for offshore wind sites off England, Wales and Northern Ireland. The UK Crown Estate holds rights to seabeds around British Isles for wind and wave power…

Greece Creating Offshore Emergency Response Plan

Jul 18, 2019

A new Emergency Response Plan for Greece's offshore hydrocarbon installations has been developed through cooperation between Hellenic Hydrocarbon Resources Management (HHRM) and Lloyd’s Register.The first draft of the plan, which sets the response…

Aker Energy IPO May be in Late 2019 or 2020

Jul 18, 2019

Norwegian investment firm Aker could launch its planned initial public offering (IPO) of Aker Energy in late 2019 or in 2020, depending on when Ghana approves the development plan of its Pecan oilfield, the CEO said.The company, controlled by Norwegian billionaire Kjell Inge Roekke…

Work Begins at Windfloat Atlantic

Jul 18, 2019

Installation of the first turbine has started at the 25MW WindFloat Atlantic floating offshore wind farm off Portugal.The Windfloat Atlantic floating wind wind power project  belongs to the Windplus consortium, which is jointly owned by EDP Renováveis (54…

Premier Oil Cuts Operating Costs Forecast

Jul 17, 2019

Britain's Premier Oil on Wednesday reduced its forecast for its 2019 operating costs to $12 per barrel of oil equivalent (boe) from $13 and expects debt reduction to reach the upper end of its $250-$350 million target by year-end.Premier, which had debt of around $2…

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