Offshore Europe News - page 9

 

Offshore Plug and Abandonment Alliance Launched in Norway

Oct 26, 2021

Offshore drilling contractor Odfjell Drilling has said that its business divisions Odfjell Energy and Odfjell Well Services have launched a plug and abandonment (“P&A”) and slot recovery alliance with leading companies within the energy industry…

Wintershall Dea Q3 Earnings More than Double on Higher Prices, Spending cuts

Oct 26, 2021

Oil and gas producer Wintershall Dea's most closely watched measure of earnings more than doubled in the third quarter, it said on Tuesday, benefiting from soaring oil and gas prices and spending cuts.The company, owned jointly by BASF and Russia's LetterOne…

Neptune Energy Starts Drilling Production Wells at Fenja Field. First Oil in 1H 2023

Oct 26, 2021

Oil and gas company Neptune Energy has started drilling the first of four production wells on the Fenja field in the Norwegian Sea.The wells are being drilled by the Deepsea Yantai semi-submersible rig, owned by CIMC, and operated by Odfjell Drilling…

Aberdeen Selects BP as Hydrogen Hub Partner

Oct 25, 2021

Aberdeen City Council on Monday announced BP as its preferred bidder for a commercial partnership for hydrogen hub development 'which will accelerate the city’s ambitions to become a world-class hydrogen hub.'Following a tender process that began in June…

Renewables: $2,3 Billion Blue Eden Project Proposed for Swansea Waterfront

Oct 25, 2021

A project worth £1.7 billion (around $2,3 billion) that includes a giant tidal energy lagoon and floating solar array has been proposed for Swansea's waterfront, in Wales, UK,  by DST Innovations and a number of business partners, with support from Swansea Council and Associated British Ports…

Dana Petroleum Books Island Drilling Offshore Rig for UKCS Well

Oct 25, 2021

Oil and gas company Dana Petroleum has awarded Island Drilling a one-well drilling contract for the offshore drilling rig Island Innovator.The contract for the 6th generation harsh environment drilling rig will start in April 2022.  Dana has…

Portugal's Galp Raises Earnings Outlook after Hefty 3Q Profit

Oct 25, 2021

Portuguese oil company Galp Energia on Monday raised its earnings outlook for 2021 after higher oil prices and positive refining margins buoyed profitability in the third quarter.Galp said its adjusted core earnings or EBITDA in this year as a whole would exceed 2…

Norway: Yme Offshore Field Finally Brought Online

Oct 25, 2021

After years of delays, the Yme field in the North Sea offshore Norway, now operated by the Spanish oil firm Repsol, has started producing oil, again.The Yme is a field in the southeastern part of the Norwegian sector of the North Sea, 130 kilometers northeast of the Ula field…

UK: EnQuest Acquires Suncor's Stake in Golden Eagle Offshore Area

Oct 25, 2021

Oil and gas company EnQuest has completed the acquisition of a 26.69% stake in the Golden Eagle Area Development in the UK North Sea.The agreement, where EnQuest agreed to buy the Golden Eagle stake from Canada's Suncor Energy, was first announced in February…

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Oct 22, 2021

Italy's biggest banking group Intesa Sanpaolo could help fund Novatek's Arctic LNG 2 project even as some European governments show lukewarm support for the giant Russian gas project.'We are studying the dossier ... though no decision has as yet been taken…

VIDEO: Jack-up Vessel Drops Turbine Blades Overboard at Vattenfall's Ormonde Offshore Wind Farm

Oct 22, 2021

MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled maintenance at Vattenfall's Ormonde wind farm in the Irish Sea, off the UK…

Prosafe Wins More Work with TotalEnergies for Safe Caledonia Flotel

Oct 22, 2021

Oil and gas firm TotalEnergies E&P UK,  subsidiary of the French energy giant TotalEnergies, has chartered Prosafe's Safe Caledonia offshore accommodation rig for work in the UK North Sea.Under the 270-day contract, the Safe Caledonia will provide…

Substation, Wind Turbine Foundations Installed at Ørsted's Hornsea Two Wind Farm Site

Oct 22, 2021

Offshore wind farm development giant Ørsted has completed the installation of the Hornsea Two wind farm offshore substation and all 165 wind turbine foundations in the North Sea, 89 km off the Yorkshire coast. Dutch offshore installation contractor…

Lundin Energy Drills Dry Well in North Sea, Off Norway

Oct 22, 2021

Swedish oil and gas company Lundin Energy has drilled a dry well at the Dovregubben prospect in the North Sea, offshore Norway.The exploration well 17/8-1 was drilled about 70 kilometers southeast of the Johan Sverdrup field in the North Sea and 140 kilometers southwest of Stavanger…

Polish PGNiG Says Nord Stream 2 Pipeline Would Increase Risks for EU Gas Supplies

Oct 21, 2021

The Nord Stream 2 pipeline will increase threats to the security of gas supplies to the European Union, Polish gas giant PGNiG said in a submission as part of the certification procedure for the pipeline's operator.Poland, which has taken steps to reduce its reliance on Russian gas supplies…

Current News

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Lottery System to Decide Who Wins Rights to Giant Danish Offshore Wind Farm

Lebanon Re-launches Second Offshore Oil and Gas Round

Lebanon Re-launches Second Offshore Oil and Gas Round

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

Thai Oil Firm PTT Expands Pharma Business with $475M Alvogen Deal

U.S. Interior Department Set to Release Federal Oil Leasing Review

U.S. Interior Department Set to Release Federal Oil Leasing Review

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