Offshore Europe News - page 11

 

Ithaca Energy Says Profits Are Down Nearly 34%

Aug 23, 2024

North Sea oil and gas company Ithaca Energy reported a nearly 34% fall in net profit for the first half of the year on Thursday, hurt by lower production, a decline in natural gas prices and impairment charges.Shares of Ithaca, fell about 2…

OMV Finds Gas in Norwegian Sea Wildcat

Aug 23, 2024

OMV and its partners have discovered gas in the deepwater Haydn/Monn wildcat well (6605/6-1 S) in the Norwegian Sea.The gas discovery is located around 310 kilometers west of Sandnessjøen, at a water depth of 1,064 meters. The find is approximately…

Equinor to Resume Gullfaks C Output After Well Incident

Aug 23, 2024

Norway's Equinor has begun work to resume output at its Gullfaks C oil and gas platform in the North Sea after a shutdown on Sunday, a company spokesperson said on Tuesday.The incident was caused by problems with one of the platform's wells…

FourPhase Bags New Contracts and Extensions

Aug 22, 2024

FourPhase, a specialist in solids and production performance for the oil and gas industry, announced it has secured three new or extended service contracts with international operators, reinforcing its role in maintaining sand-producing wells…

Ørsted Delays US Offshore Wind Project as Impairment Losses Hit

Aug 15, 2024

Renewable energy group Orsted booked 3.2 billion Danish crowns ($472 million) in impairment losses in the second quarter, due partly to a delay in construction of a major U.S. offshore wind project, sending its shares down almost 8% on Thursday…

Petrobras Puts Two Techdof’s PLSVs Back to Work

Aug 15, 2024

Petrobras has awarded contracts to Techdof, a joint venture between DOF Subsea and TechnipFMC, for two of its pipelay support vessel (PLSVs).Petrobras extended the existing contract for PLSV Skandi Açu to mid-2026. This extension will be followed by the new three-year contract ending mid-2029…

Subsea7 Hires GEG to Fabricate Subsea Spools for Aker BP’s Yggdrasil Field

Aug 15, 2024

Global Energy Group (GEG) has been awarded a contract from Subsea7 Norway, to fabricate 134 subsea spools for the Aker BP-operated Yggdrasil field in the North Sea.The work will be executed from GEG’s flagship multi-user energy facility at the Port of Nigg…

Europe's Gas Surplus Nearly Dried Up

Aug 14, 2024

Europe's record gas surplus inherited from the winter of 2023/24 has been largely eliminated following an unusually small accumulation of inventories so far in the summer of 2024.Inventories across the European Union and the United Kingdom have risen by just 336 terawatt-hours (TWh) since March 31…

Poland Launches $5.5B Offshore Wind Loan Plan

Aug 14, 2024

Poland is launching a nearly 5 billion euro ($5.46 billion) programme financed from the European Union's recovery funds to provide loans to builders of offshore wind farms on the Baltic Sea, the state assets ministry and bank BGK said on Tuesday…

Germany Seeks Arrest of Ukrainian Diver in Nord Stream Probe

Aug 14, 2024

Germany has asked Poland to arrest a Ukrainian diving instructor who was allegedly part of a team that blew up the Nord Stream gas pipelines two years ago, according to reports in German media published on Wednesday.However, one media outlet said the man appeared to be no longer living in Poland…

DNO Norge Gets Clearance for North Sea Drilling Operation

Aug 14, 2024

The Norwegian Offshore Directorate (NOD) has granted DNO Norge a drilling permit for a wildcat well in the North Sea, to be conducted using Noble Corporation's Noble Invincible ultra-harsh environment jack-up rig.The drilling permit is for a wellbore2/6-7 S in production license 1086…

Anglo-Eastern to Manage Windcat’s Hydrogen-Powered CSOV

Aug 13, 2024

Offshore personnel transfer company Windcat, part of CMB.TECH, has partnered with Anglo-Eastern for the technical and crewing management of the first out six ordered hydrogen-powered Commissioning Service Operation Vessels (CSOVs).Windcat has ordered six Elevation Series CSOVs…

XOCEAN to Deploy USV Fleet for Geophysical Survey at UK Offshore Wind Farm

Aug 12, 2024

A fleet of XOCEAN’s uncrewed surface vessels (USVs) will be deployed at Dogger Bank D offshore wind farm to carry out a multi-beam echosounder (MBES) geophysical survey, starting from August 13.Eleven XOCEAN USVs will be mobilized from Scarborough…

SeaTwirl, Serica Energy to Explore Electrification of Offshore Assets with Floating Wind

Aug 12, 2024

Floating wind turbine developer SeaTwirl has signed memorandum of understanding (MoU) with offshore oil and gas operator Serica Energy to collaborate on exploring the feasibility of electrification of offshore assets and oil and gas activities with SeaTwirl's floating wind turbine…

Norway Greenlights Equinor’s Drilling Ops in North Sea

Aug 09, 2024

The Norwegian Offshore Directorate (NOD) has granted Equinor a permit to drill a wildcat well in the North Sea, using Odfjell Drilling’s Deepsea Atlantic rig.The drilling permit is for wellbore 35/11-30 S in production license 090, which is operated by Equinor with 45% working interest…

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