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%22Nord Stream%22 News

Exxon Applies for Four Offshore Oil Blocks in Liberia

Apr 25, 2023

Exxon Mobil Corp. has applied to prequalify for four offshore oil blocks in Liberia, the West African country's state oil regulator said in a statement on Sunday. Once prequalified, Exxon will be invited to negotiate a Petroleum Sharing Agreement for Blocks 15…

Voyis Launches Advanced Vision System for Subsea ROVs

Apr 18, 2023

Subsea optical inspection technologies developer Voyis Imaging Inc. has launched a new product line called Discovery Vision Systems that it says will advance ROV vision systems, and deliver a new level of situational awareness to ROV operations…

UK's North Sea Transition Authority Could Become a Regulator for Offshore Hydrogen Transport, Storage

Apr 24, 2023

The UK government has opened a consultation on future regulatory arrangements for offshore hydrogen. The consultation is seeking views on proposals for a ‘first layer’ of arrangements for transport and storage. The consultation, proposes to…

BASF Eyes Sale of Wintershall Dea, IPO Preferred Option

Apr 27, 2023

German chemicals group BASF on Thursday said it was working to exit energy business Wintershall Dea, with a stock market listing remaining the preferred option.CEO Martin Brudermueller also flagged a possible sale of the oil and gas producer to investors…

Fred. Olsen Windcarrier to Install Turbines at Denmark's Largest Offshore Wind Farm

Apr 26, 2023

Offshore wind turbine installation company Fred. Olsen Windcarrier has won a firm contract with renewable energy firm RWE to install 72 offshore wind turbine generators (WTGs) at the 1GW Thor offshore wind farm in the Danish North Sea.For this project…

Bumi Armada Sells Armada Claire FPSO

Apr 26, 2023

Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…

Israel's Sovereign Wealth Fund Gets Full-time Manager

Apr 25, 2023

The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country's sovereign wealth fund which was set up in 2014 following the discovery of huge [offshore] natural gas deposits.After a four…

Equinor Starts Production from Bauge Offshore Field

Apr 17, 2023

Norwegian oil and gas firm Equinor said Monday that production had started from the Bauge subsea field in the Norwegian Sea. Bauge is tied back to the recently upgraded Njord platform. Recoverable reserves in Bauge are estimated at 50 million barrels of oil equivalent…

Swedish Prosecutor Believes State Actor Behind Nord Stream Pipeline Blasts

Apr 07, 2023

A state actor's involvement in the blast of the Nord Stream pipelines last year is the 'absolute main scenario', though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022…

Nord Stream Pipeline Blasts Probe Continues, but Culprits Difficult to Determine

Apr 06, 2023

It will likely be difficult to determine who blew up the Nord Stream pipelines connecting Russia and Germany in the Baltic Sea last year, Sweden's prosecution authority, which is investigating the incident, said on Thursday. The Sept. 26 explosions…

Society of Petroleum Engineers Appoints Simon Seaton as new CEO

Apr 24, 2023

The Society of Petroleum Engineers (SPE) said Monday that Simon Seaton had been hired as Chief Executive Officer. 'In the CEO role, Seaton will work with the  Board of Directors on the short- and long-term development and growth of SPE as the…

Russian ‘Spy Ship’ in the North Sea Raises Concerns About Maritime Infrastructure Security

Apr 21, 2023

A new documentary produced by a consortium of public broadcasters in Sweden, Denmark, Finland and Norway has revealed what appears to be a profound threat to maritime and undersea energy and data infrastructure in the North Sea and the Baltic region…

Hellenic Cables to Supply Cables for Giant Offshore Wind Projects in UK and Denmark

Apr 26, 2023

Hellenic Cables has this week won contracts to supply cables for two large offshore wind projects in Denmark and the UK.Vattenfall has awarded Hellenic Cables a contract to provide inter-array cables for its giant Norfolk Offshore Wind Zone in the UK…

Enauta Restarts Production from Atlanta Field's 2HP Well in Brazil

Apr 19, 2023

Brazilian oil company Enauta has resumed production from the 7-ATL-2HP-RJS (“2HP”) well in Atlanta offshore field in Brazil, after a halt in early March.Enauta said this week that production had resumed after the installation of the new pump on the seabed…

German Insurers Renew Cover for Blast-damaged Nord Stream Gas Pipeline

Apr 04, 2023

German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the matter said, indicating that its revival has not been ruled out after an alleged sabotage attack…

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