Offshore Europe News

 

Equinor to Sell 28% Stake in Statfjord Area to OKEA for $220M

5 hours ago

Norwegian oil and gas company OKEA  has agreed to acquire a 28% stake in offshore block PL037, in Statfjord Area, offshore Norway, from Equinor for an initial fixed consideration of $220 million.The Statfjord Area comprises the Statfjord Unit, Statfjord Øst Unit, Statfjord Nord and Sygna Unit. The Statfjord Unit development covers the Statfjord A, B and C concrete gravity-based platforms. The other fields are subsea developments tied back to the main field platforms…

Wagenborg to Transport 107 Foundations for Ørsted's Offshore Wind Farms

few minutes ago

Wagenborg Towage confirmed Monday that Jan De Nul had awarded it a contract for transporting 107 monopile foundations for Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany to Eemshaven. Assisted by the tug ‘waterlines’, the first…

Netherlands to Build 500MW Offshore Green Hydrogen Facility

few minutes ago

The Dutch government on Monday said it aimed to build a large production facility to convert wind power into hydrogen in the North Sea.The facility will have the capacity to produce 500 megawatt (MW) of green hydrogen per year and is expected to become operational in 2031…

In Case Affecting Oil, Norway Supreme Court Says EU Ships Cannot Fish Arctic Snow Crab

3 hours ago

OSLO, March 20 (Reuters) - Norway's Supreme Court ruled on Monday that EU ships cannot fish for snow crab off the Svalbard archipelago in the Arctic in a case also deciding who has the right to explore for oil and minerals in the region.At stake…

Massive Strike Looms on UKCS as 1400 Offshore Workers Demand Better Deal on Jobs, Pay, and Conditions

6 hours ago

Around 1400 offshore workers employed on the UK Continental Shelf (UKCS) platforms will take strike action in the next weeks, seeking better deal on jobs, pay, and conditions, workers' union Unite said Monday.According to Unite, platforms and…

ABL Group to Acquire AGR from Akastor

7 hours ago

Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…

Lhyfe, Centrica Team Up to Develop Green Hydrogen Offshore UK

7 hours ago

Green hydrogen firm Lhyfe and UK-based energy and services company Centrica will jointly develop offshore renewable green hydrogen in the UK in what they say is 'a first' for the country. The two companies said they would explore combining their…

Edison Plans Final Investment Decision on East Mediterranean Gas Pipeline to Europe By End of Year

7 hours ago

Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year, the Italian project developer told Reuters. The EastMed-Poseidon pipeline,…

Offshore Energy Industry's Best Celebrated at 2023 Offshore Achievement Awards

Mar 17, 2023

The winners of the 2023 Offshore Achievement Awards were revealed Thursday at the annual Offshore Achievement Awards dinner in Aberdeen.According to the organizers, around 400 guests celebrated the 'exceptional achievements and outstanding performance'…

NATO's Stoltenberg, EU's von der Leyen Travel to North Sea Platform

Mar 17, 2023

The heads of NATO and the European Commission flew on Friday to a North Sea platform bigger than the Eiffel Tower in a visit underlining Norway's importance for gas supplies since Russia's invasion of Ukraine.The Troll A platform extracts gas from Norway's biggest gas field…

EU Announces Plans to Lead Green Industrial Revolution

Mar 17, 2023

The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition.The…

Jan De Nul Starts Gode Wind 3 and Borkum Riffgrund 3 Contract

Mar 17, 2023

Offshore installation company Jan De Nul has officially started the transportation and installation contract for the construction of Ørsted’s 242 MW Gode Wind 3 and 900 MW Borkum Riffgrund 3 offshore wind farm in Germany.The first batch of three…

Nord Stream Owners Looking to Seal and Drain Damaged Gas Pipeline to Halt Corrosion

Mar 16, 2023

Shareholders of the Nord Stream 1 pipeline operator are discussing how to seal and empty the damaged gas pipeline to halt corrosion from sea water, said the chief financial officer of E.ON, one of the owners.The chief financial officer of E…

Halliburton Completes Offshore Wireline Service Work for Croatian INA

Mar 16, 2023

U.S. oilfield services firm Halliburton said Thursday it had recently provided offshore wireline services for Croatian INA Group in the Adriatic Sea. According to Halliburton, the wireline team completed logging operations on four wells, including 17 successful combined runs without any health…

DNV Study Highlights Importance and Potential of Offshore Hydrogen Production in Europe

Mar 16, 2023

Offshore hydrogen production is paramount to meet the substantial increase expected in European hydrogen demand, as hydrogen is due to play a significant role as a low-carbon energy carrier – not only to decarbonize hard-to-abate sectors, but also to boost security of energy supply in Europe…

Current News

Netherlands to Build 500MW Offshore Green Hydrogen Facility

Netherlands to Build 500MW Offshore Green Hydrogen Facility

PXGEO Awarded 3D OBN Project in Brazil

PXGEO Awarded 3D OBN Project in Brazil

Equatorial Guinea, Cameroon Sign Oil & Gas Collaboration Deal

Equatorial Guinea, Cameroon Sign Oil & Gas Collaboration Deal

Coast Guard Helicopter Airlifts Injured Worker from BP's Atlantis Platform

Coast Guard Helicopter Airlifts Injured Worker from BP's Atlantis Platform

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