Offshore Europe News - page 238

 

Tullow Oil to Delist from Euronext Dublin Bourse

Sep 13, 2022

Africa-focused Tullow Oil said on Monday it would exit Ireland's Euronext Dublin bourse on or around Oct. 10 to cut costs.'It is anticipated the delisting will simplify compliance and regulatory obligations of Tullow and is in line with an overall objective to reduce central costs and its purpose…

Russian Gas Flows to Europe Steady. Nord Stream 1 Pipeline Remains Shut

Sep 12, 2022

Natural gas flows from Russia to Europe along key routes were steady on Monday morning, while the Nord Stream 1 pipeline remained shut.Eastbound natural gas flows through the Yamal-Europe pipeline to Poland from Germany were steady.Exit flows…

Exmar Pens LNG Carrier Deal with Eni. Closes Tango FLNG Sale

Sep 12, 2022

Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…

New JIP to Find Floating Wind Storage for Celtic Sea

Sep 09, 2022

A new industry partnership is set to support the UK’s floating wind industry by identifying offshore storage areas for wind turbines awaiting installation in the Celtic Sea. The TS-Flow JIP, led by Offshore Solutions Group and delivered in partnership with HR Wallingford…

VIDEO: Allseas' Gyda Platform Removal

Sep 09, 2022

Offshore installation and decommissioning contractor Allseas has shared a video of its removal of Repsol Norge's 30,000 tonne Gyda platform.The video, featuring its Pioneering Spirit heavy lift vessel follows the removal and delivery of the platform's 11…

Lamprell Inks Moray West Order

Sep 09, 2022

Lamprell has signed a contract, worth over $200m, and received a full notice to proceed from the developer of the 882MW Moray offshore wind project, off Scotland.The work, first reported March 22 as a capacity reservation agreement, was confirmed by Lamprell on Thursday…

UK's New Oil and Gas Push No Salve for Short-term Pain

Sep 09, 2022

British Prime Minister Liz Truss' plans to spur new North Sea oil and gas production and lift a ban on fracking will test investor appetite for new fossil fuel projects, but are unlikely to ease the current energy crunch.Truss, who took office on Tuesday…

Nearly Half of Guyana's Offshore Oil Exports Goes to Thirsty Europe

Sep 09, 2022

Oil producers in Guyana are boosting exports to European buyers seeking alternatives to Russian crude, according to vessel monitoring data.Government bans on Russian oil since the invasion of Ukraine have spurred demand for alternative crudes…

UK Energy Plan Puts Investors, Banks in Tough Net-zero Spot

Sep 08, 2022

Britain's move to green-light dozens of new oil and gas fields will leave investors and banks with a tough PR job as Britain struggles to shore up its energy security whilst sticking to its climate commitments.Starting new oil and gas projects…

Minesto's Second Sea Kite Online in Faroes

Sep 08, 2022

Tidal energy developer Minesto has this week launched its second Dragon Class tidal kite in Vestmanna, Faroe Islands, and has started producing electricity.The tidal energy power plant “Dragon 4” will benefit from previous configuration testing executed with the first unit…

UK to Announce Dozens of New North Sea Oil and Gas Licenses -Sources

Sep 08, 2022

The British government is expected to announce dozens of new North Sea oil and gas exploration licenses in an effort to boost domestic production, two sources familiar with the government's discussions said.The exact number of new licenses was still to be confirmed…

Stiesdal, Maersk Offer Floating Wind Services

Sep 08, 2022

Denmark's Maersk Supply Service and renewable energy pioneer Stiesdal Offshore have entered into a strategic partnership to offer combined solutions to this fast-growing sector within floating offshore wind.The companies say they intend to combine…

UK Oil and Gas Producers Call for More Investment to Ease Energy Crunch

Sep 07, 2022

Britain’s oil and gas industry body called for new drilling licenses in the North Sea and rapid investment in the sector to mitigate the impact of high prices on consumers as the country grapples with the worst energy crisis in decades.The incoming…

Bristow Tallies Multi-year SAR Contract from Equinor

Sep 07, 2022

Offshore helicopter firm Bristow Group announced an award from energy company Equinor to provide search and rescue services offshore at the Johan Sverdrup and Statfjord B platforms, located in the Norwegian North Sea off the west coast of Norway…

New UK PM Truss Wants More North Sea Production

Sep 07, 2022

Britain's new prime minister, Liz Truss, said on Wednesday she wanted to see more extraction of oil and gas from the North Sea and more investment in nuclear power.Speaking at her first prime minister's question time in parliament, Truss said…

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