Offshore Europe News - page 508

 

Verus Boosts Production through Acquisitions

Dec 11, 2018

Verus Petroleum reports it boosted production from 1,500 to 18,000 barrels per day – a 12-fold increase in its production – in less than a year, through drilling and key acquisitions in the U.K. Continental Shelf.The private equity backed independent…

Sulzer Wood Scores BP Contract Extension

Dec 11, 2018

Ellon-based rotating equipment services provider Sulzer Wood Limited said it has been awarded a five-year contract extension to provide pump maintenance services for BP operations in the North Sea.The contract, which aims to improve the reliability…

Admiral Tim Lowe to Head UK Hydrographic Office

Dec 11, 2018

The UK Hydrographic Office has announced the appointment of Rear Admiral Tim Lowe CBE, the current UK National Hydrographer and Deputy Chief Executive, to the position of Acting Chief Executive and Accounting Officer.Rear Admiral Lowe will fill…

Tailwind Energy Hits First Oil From UK North Sea

Dec 11, 2018

New UK North Sea-focused oil and gas company Tailwind Energy has announced first oil from the 100% owned Gannet E redevelopment to the Triton FPSO.  The London-based contracts services company for North Sea work said in a press note that the…

AREG Membership on the Rise

Dec 10, 2018

Aberdeen Renewable Energy Group (AREG) reports it has seen its membership numbers rise over the past 12 months with an increase in the number of companies supporting both the offshore wind and wave and tidal sectors.Among the 25 new sign-ups are marine engineering firm EC-OG…

Neptune Completes VNG Norge Integration

Dec 10, 2018

Neptune Energy announced Monday it has completed the integration with the former VNG Norge business. The integrated business, Neptune Energy Norge, will be among the top five independent producers on the Norwegian Continental Shelf by equity…

UKCS Still Worth Investment Despite Brexit -Equinor

Dec 10, 2018

Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.British Prime Minister Theresa May abruptly decided…

Rovco Awarded Funding for 3D Visualization Project

Dec 10, 2018

Remotely operated underwater vehicle (ROV) and hydrographic survey company Rovco predicts its integrated technology that utilizes advanced 3D computer vision and artificial intelligence (AI) systems with ROV platforms could transform the way…

Shell to Go Ahead with Shearwater Gas Expansion

Dec 10, 2018

Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the ageing basin this year.The project, a joint venture with Exxon Mobil and BP, will include a modification…

UK Awards First Carbon Capture Storage License

Dec 07, 2018

The U.K. Oil and Gas Authority (OGA) announced Thursday it has awarded its first carbon dioxide (CO2) appraisal and storage license as an independent regulator.The award has been made to Pale Blue Dot Energy (Acorn) Ltd (PBD) for the Acorn Carbon Capture and Storage (CCS) Project…

Spirit Energy Takes Over as Babbage Operator

Dec 07, 2018

Spirit Energy confirmed on Friday it it has taken over operatorship of the Babbage gas field in the U.K. North Sea, where it holds a 13 percent interest.The Europe-focused oil and gas operator has also taken on operatorship of the nearby Cobra licence…

GCE Subsea Announces Rebrand

Dec 07, 2018

Norwegian subsea cluster group GCE Subsea announced it will change its name to GCE Ocean Technology as it widens its focus to include other ocean industries beyond the traditional oil and gas sector.'Our new name gives us a more distinct identity and is more inclusive as it reflects…

Green Light for Troll Phase 3

Dec 07, 2018

Equinor has received government approval for its plan to boost output and extend the lifetime of Troll, Norway's largest oil and gas field, the company said on Friday.The field accounts for about 40 percent of the natural gas reserves on the…

PGE Seeks Offshore Wind Partners

Dec 06, 2018

Polish state-owned power company Polska Grupa Energetyczna (PGE) has invited over a dozen parties to potentially cooperate with the company оn building up to 2.55 GW of offshore wind parks.The Polish power group said in a statement that it was…

NAO Tallies One-year PSV Charter

Dec 06, 2018

Nordic American Offshore Ltd (NAO) said it has been awarded a one-year fixed contract for the 2013-built platform supply vessel (PSV) NAO Power.The contract with an unnamed 'first-class company' is due to commence in early December 2018, and…

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