Offshore Europe News

 

Norway: Oil Workers Strike Could Shut Large Offshore Field

18 hours ago

Oil workers organized by Norway's Lederne labor union will go on strike on Wednesday following a breakdown of wage talks, cutting Norway's crude output capacity by up to 470,000 barrels of oil per day (bpd), the union and employers said.The strike among 43 workers will trigger a shutdown of Equinor's Johan Sverdrup oilfield, the largest field in Western Europe, Lederne and the Norwegian Oil and Gas Association (NOG) said…

Total to Spend $3B a Year on Renewables

10 hours ago

France's Total on Wednesday said it would hike its annual investments in renewable energy and electricity by 50% as it cuts its reliance on oil and aims to become a major low-carbon power producer.Faced with gloomy long-term prospects for oil demand…

Baker Hughes Launches Subsea Wellhead Cutting System "Terminator"

13 hours ago

Oilfield services company Baker Hughes has launched a vessel-deployed subsea wellhead cutting system called the Terminator.In what Baker Hughes says is 'a first-of-its-kind mechanical wellhead removal method', the Terminator system has already…

Equinor Maintains Oil Output, but More Workers May Join Strike

14 hours ago

Equinor said on Wednesday it was maintaining production at western Europe's largest producing oilfield despite a strike by some workers but risked a wider labor conflict this week.Some 43 workers are on strike at the Johan Sverdrup field after…

Sovcomflot Returns Seismic Vessel to Polarcus

Sep 29, 2020

Russian firm Sovcomflot has returned the offshore seismic vessel Ivan Gubkin to its owner Polarcus.The 14-streamer 3D seismic vessel - originally named Polarcus Amani - had been on a charter with Sovcomflot since 2017 and should've stayed with Sovcomflot for five and a half years…

Lundin Ups Edvard Grieg Oil Field Reserve Estimate

Sep 29, 2020

Lundin Energy has raised its reserve estimate for Norway's Edvard Grieg oilfield by 50 million barrels of crude, an increase of 17%, and boosted output plans for the coming years, the Swedish company said on Tuesday.So-called plateau production…

Rystad: Demand for Offshore Trunklines to Drop 26%. Middle East to Drive Recovery

Sep 29, 2020

Norwegian energy intelligence company Rystad expects that the market demand for large-diameter offshore pipelines, known as trunklines, will see an annual drop of 26% this year.According to Rystad, the length of total installations this year is forecasted to reach 2…

Equinor Discovers Oil and Gas at Swisher Prospect

Sep 29, 2020

Norwegian oil and gas company Equinor has discovered oil and gas at its Swisher prospect in the North Sea, offshore Norway.Recoverable resources are estimated to be in the range of 2-6 million standard cubic meters of oil equivalent, or around to 13-38 million barrels of oil equivalent…

Fire Shuts Equinor's Plant That Processes Gas from Barents Sea Field

Sep 29, 2020

A fire at Equinor's Melkoeya liquefied natural gas (LNG) plant in the north of Norway halted output on Monday but caused no injuries, police and the company said.Images on local media showed plumes of smoke rising from the plant, but the fire was eventually put out…

GIEK Banks on Renewable Energy

Sep 28, 2020

Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches in assessing the appetite for investment in traditional offshore oil and gas today: “The money has disappeared; nobody wants to invest in oil and gas anymore…

SLPE to Design Foundations for Inch Cape Offshore Wind Farm

Sep 28, 2020

UK-based engineering company Sea and Land Project Engineering (SLPE) has won the bid for the provision of a wind turbine foundation concept design for the Inch Cape offshore wind farm in Scotland, UK.The Inch Cape offshore wind farm project is being developed by Red Rock Power Limited subsidiary…

RWE Signs Deals to Expand Lease Areas of Four Offshore Wind Farms in UK

Sep 28, 2020

Renewables giant RWE has, together with its partners, signed agreements in the UK to expand the existing offshore wind farms Gwynt y Môr, Galloper, Greater Gabbard, and Rampion. The granted seabed leases comprise extension projects with a combined potential installed capacity of around 1…

Wintershall Noordzee Wraps Sillimanite Drilling. Calls for Dutch Gov't to Boost E&P Sector

Sep 28, 2020

Wintershall Noordzee has completed the drilling of a well at the Sillimanite South field discovery in the Dutch North Sea, and converted it into a development sidetrack.It was the third well drilled in sequence after the two Sillimanite Unit…

Vattenfall Launches Floating Solar Farm in The Netherlands (VIDEO)

Sep 28, 2020

Swedish power company Vattenfall has inaugurated its first floating solar farm in Gendringen, the Netherlands.The solar farm, with a capacity of 1.2 megawatts, was built on the site of the sand and gravel extraction company Netterden.'This means that from now on…

U.S., Greece Call for Peaceful Resolution of East-Med Maritime Disputes

Sep 28, 2020

The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources…

Current News

Total to Spend $3B a Year on Renewables

Total to Spend $3B a Year on Renewables

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VIDEO: Power On at Two Coastal Virginia Offshore Wind Turbines

Seaway 7 to Convert 'Seven Phoenix' into Cable Layer

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Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

Husky Energy Completes Liuhua 29-1 Gas Project Offshore China

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