Offshore Europe News - page 2

 

Erdogan Says Turkey, Israel to Take Steps in Energy Drilling Soon

Sep 22, 2023

Turkey and Israel will soon begin taking joint steps in energy drilling, President Tayyip Erdogan was cited by Turkish media as saying on Thursday, adding the two countries would also operate energy networks to Europe through Turkey.Erdogan…

HitecVision Sells 6.3% Stake in Vår Energi for $423M

Sep 22, 2023

Norway's HitecVision said on Friday it has sold a 6.3% stake in oil and gas group Vaar Energi VAR.OL for 4.56 billion Norwegian crowns ($423 million), reducing its ownership in the company to 14.4%.The sale at 29 crowns per share came at a 9…

Portugal and Norway Team Up on Floating Offshore Wind

Sep 20, 2023

The Portuguese cluster Forum Oceano and Norwegian Offshore Wind have signed a Memorandum of Understanding (MoU) to strengthen collaboration between the supply chains in the two countries.The MoU aims to lay the ground work for new contracts between companies from the two countries…

Swedish Prosecutor Hopes to Conclude Nord Stream Enquiry by Year-end

Sep 20, 2023

The Swedish investigation into the sabotage last year of the Nord Stream pipelines is at a sensitive stage and the prosecutor hopes to decide whether to bring any charges before the end of this year, he told Reuters on Wednesday.In September 2022…

German Mukran Floating LNG Terminal Seen Ready by First Quarter - Gascade Head

Sep 20, 2023

A new floating reception terminal for liquefied natural gas (LNG) off the German Baltic Coast should be operational from the first quarter of 2024, gas pipeline operator Gascade, which is building its onshore connection, said on Wednesday.Located off Mukran on the Baltic Sea island of Ruegen…

Non-Commercial Hydrocarbon Find at Velocette Offshore Exploration Well in Norway

Sep 20, 2023

OMV Norge, a Norwegian subsidiary of the Austrian oil firm OMV, has made a minor, non-commercial discovery at the Velocette offshore exploration well in Norway, Longboat JAPEX Norge, a partner in the PL1016 offshore license, has informed.The exploration well 6607/3-1 S in the Norwegian Sea…

Germany: Fraunhofer IWES Deploys Wind Lidar Buoys in North Sea to Boost Offshore Wind Expansion

Sep 19, 2023

The Fraunhofer Institute for Wind Energy Systems IWES in Germany has been contracted by the Federal Maritime and Hydrographic Agency of Germany (BSH) to carry out a preliminary meteorological investigation in the North Sea as part of the area development plan…

Offshore Decommissioning: Heerema Taps AF Gruppen for Heimdal Platform Work

Sep 19, 2023

Oslo-listed AF Gruppen (AFG) has received a letter of award for a contract from the Dutch offshore services firm Heerema Marine Contractors for the engineering and offshore hook-down preparation of Equinor’s Heimdal Main Platform in the Norwegian sector of the North Sea…

Hibiscus Petroleum, Ithaca Energy, Caldera Unite to Develop Marigold Offshore Field

Sep 19, 2023

Malaysian oil and gas firm Hibiscus Petroleum has, via its UK North Sea subsidiary Anasuria Hibiscus UK, Ithaca Energy, and Caldera, entered into a unitization and unit operating agreement to jointly develop the Marigold field, about 250km northeast…

Johan Castberg Project Costs Rise. First Oil Still on Track, Equinor Says

Sep 19, 2023

Costs at Equinor-operated Johan Castberg offshore field development project have increased by almost NOK 13 billion (currently $1,2 billion) since last year, but the production start-up date remains unchanged and is still slated for the fourth quarter of 2024…

Germany Likely to Pass 50% Mark for Renewable Power This Year - Minister

Sep 18, 2023

Germany is likely to generate more than 50% of its power from renewable energy this year but needs to ramp up the speed of its transition towards the end of the decade, Economy Minister Robert Habeck said on Monday. With demand for electricity on the rise…

New FSRU Arrives in France as Greenpeace Blocks Port

Sep 18, 2023

A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.Demand for liquefied natural gas (LNG) in Europe has grown in the wake of the war in Ukraine…

Glamox to Illuminate Havfram Wind's Newbuild WTIVs

Sep 18, 2023

Lighting solutions specialist Glamox has won a contract from the Chinese shipbuilder Yantai CIMC Raffles Offshore Limited to light Havfram Wind’s two new Wind Turbine Installation Vessels (WTIV). These new vessels will be capable of installing…

DemoSATH Floats into Action: Spain's First Floating Offshore Wind Project Powers Up

Sep 18, 2023

The floating offshore wind project DemoSATH has started generating electricity, off the coast of Spain.DemoSATH, led by the Spanish engineering firm Saitec Offshore Technologies, in collaboration with the German energy company RWE Offshore Wind and the Japanese company KEPCO…

Norway Wealth Fund Tells Companies to Plan for Climate Transition

Sep 15, 2023

Norway's $1.4 trillion sovereign wealth fund, the world's largest, revealed stricter demands on Friday for how companies it invests in should handle climate risk, telling boards to move from target setting to transition planning.The fund, which…

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