Offshore Europe News - page 2

 

Germany's RWE Widens Global Search for LNG Supplies

Aug 11, 2022

RWE is holding talks with a larger number of suppliers of liquefied natural gas (LNG), not just Qatar and North America, CEO Markus Krebber said, as Germany's largest power producer continues its efforts to replace Russian gas volumes.RWE earlier…

Deutsche Windtechnik Wins 'Cluster' Subsea Inspection Work

Aug 11, 2022

Deutsche Windtechnik announced it has signed several contracts for underwater inspections at offshore wind farms in the North Sea and Baltic Sea. As part of a cluster campaign approach, more than 300 annual inspection reports will be generated…

Norway: Lime Buys Into Repsol's Yme Offshore Oil Field

Aug 11, 2022

Lime Petroleum, a subsidiary of Rex International Holding, has agreed to buy a 10 percent stake in the Yme oil field in the North Sea, offshore Norway, from Kuwait’s KUFPEC. Rex said Lime would pay post-tax fee $68.053 million (about NOK 633 million)…

Johan Castberg FPSO Suffered Minor Damage in Fire, Equinor Says

Aug 11, 2022

Equinor's Johan Castberg floating production, storage, and offloading (FPSO) vessel suffered only minor damage during a fire on Wednesday, and the project's timeline will not be affected, a company spokesperson said on Thursday.The vessel is under construction at a shipyard in western Norway…

Report: Shell Launches Sale of North Sea Cambo Oil Project

Aug 11, 2022

Shell has launched a sale process for its 30% stake in the Cambo oil prospect in the British North Sea, potentially paving the way for the field's controversial development, industry sources said on Thursday.The London-based company hired investment…

Trell & Trine Project: Aker BP Awards 'Sizeable' Contracts to Aker Solutions, Subsea 7

Aug 11, 2022

Norwegian offshore engineering and construction company Aker Solutions, and offshore installation firm Subsea 7, have won 'sizeable' contracts from Aker BP to assist with the development of Trell & Trine offshore discoveries, located in the Alvheim area of the North Sea…

Subsea tie-backs: Aker BP Files Development Plan for Trell & Trine Discoveries

Aug 10, 2022

Norwegian oil and gas company Aker BP on Wednesday filed a plan for development and operation (PDO) for Trell & Trine offshore oil development project to the Norwegian Ministry of Petroleum and Energy (MPE). The Trell (production licence 102…

LNG Traders Absorb Huge Losses After Supply Outages

Aug 10, 2022

Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a liquefied natural gas (LNG) supply gap after several outages hampered efforts to fill European storage ahead of the winter heating season.Unplanned disruptions at LNG plants in the United States…

Equinor Gets Safety Body Consents for Two Norwegian Sea Projects

Aug 09, 2022

Norwegian oil and gas company Equinor has this week received two consents from the offshore safety body Petroleum Safety Authority Norway to carry out works on two projects in the Norwegian Sea using the Transocean Encourage and Deepwater Stavanger offshore drilling rigs…

Equinor Extends Solstad Offshore PSV Charter

Aug 09, 2022

Norwegian offshore vessel owner Solstad Offshore has secured a contract with Equinor for the platform supply vessel Normand Searcher.More precisely, Equinor has declared an option to extend the contract for the PSV for one more year to September 2023…

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Aug 08, 2022

Saipem is in talks to end two contracts related to Russia's $21-billion Arctic LNG 2 project led by Moscow-listed gas producer Novatek NVTK.MM, the Italian energy services group said in its interim financial statement.Saipem said its backlog in Russia amounted to approximately 1…

Equinor Makes Move on Rosebank

Aug 05, 2022

Norwegian energy company Equinor has taken a step forward with its Rosebank project in the UK North Sea by submitting key environmental documents. An Environmental Impact Assessment was submitted to the UK's Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) on Thursday…

Sval Energi to Buy Suncor Norway for $410 million

Aug 05, 2022

Sval Energi has signed an agreement with Suncor Energy to acquire Suncor Energy Norge, adding 4000 barrels of oil equivalent and 19 million barrels of oil equivalent in reserves on the Norwegian Continental Shelf to its portfolio.The deal is worth about $410 million Canadian dollars…

Manor Renewable Energy's New CTVs Pass Sea Trials

Aug 04, 2022

Singaporean shipbuilder Strategic Marine said the two new crew transfer vessels (CTV) it has built for U.K. services firm Manor Renewable Energy Ltd (MRE) have passed sea trials.The 27.1-meter aluminum catamarans, Manor Victor and Manor Vulcan…

UKCS Decom Cost Reduction Falling Short

Aug 04, 2022

The UK's North Sea Transition Authority (NSTA, formerly Oil & Gas Authority) says an estimate of the total cost of decommissioning UK Continental Shelf (UKCS) oil and gas infrastructure fell just 2% last year. The drop, following a 4% reduction the year before…

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